scholarly journals FINANCIAL PLANNING AT THE ENTERPRISE

2021 ◽  
Author(s):  
Vera Shumilina ◽  
Alina Kalinina ◽  
Nikolay Kotenko
Keyword(s):  
Financial Planning ◽  
Financial Management ◽  
Management Process ◽  
Managerial Decisions ◽  
Financial Plan ◽  
Research Analysis

The article is devoted to the research analysis of typical financial planning at the enterprise. The search for patterns and trends in financial planning is carried out. The stages of creating a financial plan are described. Various methods of financial planning are shown and the importance of managing personnel in making managerial decisions is revealed. The current patterns in financial management are revealed. The financial management process is structured. In conclusion, it was concluded that the consistency of financial management depends on the size of the enterprise. The main goal of the company is to make a profit and it is possible to achieve this with the help of financial management

scholarly journals Financial Management Process of Pesantren Nurul Muhibbin Tanah Laut

2021 ◽  
Vol 1 (3) ◽  
pp. 26-31
Author(s):  
Muhammad Khofi ◽  
Noor Amelia ◽  
Karolina
Keyword(s):  
Financial Planning ◽  
Financial Management ◽  
Implementation Process ◽  
Boarding School ◽  
Bright Spot ◽  
Management Process ◽  
Accounting Information Systems ◽  
Social Sanctions ◽  
Legal Sanctions ◽  
The Relationship

Pesantren Nurul Muhibbin Tanah Laut, which is classified as a new Islamic boarding school, was founded in 2018, and as such, it requires significant input and assistance in resolving issues, particularly those relating to financial management and accounting information systems. If an error is made, not only social sanctions are imposed, but also legal sanctions; this must be a bright spot in the pesantren's financial management. This research employs a qualitative approach in the hope of identifying financial phenomena that can be used as material for joint evaluation. The study examines financial planning, implementation, supervision, and reporting phenomena. This financial process will be visualized as a flowchart in the hope that the relationship between the various components is obvious. Several of the findings in this study indicate that financial planning has been successful in terms of implementing a priority scale, deliberatively forming APBPP, and developing plans to strengthen pesantren financial management. The implementation process has not perfectly implemented the principle of accountability and generally continues to make ineffective cash payments, the supervisory process continues to violate the principles of organizational adjustment and responsibility, and the management accounting process and reporting continue to have numerous shortcomings, such as conventional accounting processes and the use of accrual accounting. The pesantren currently lacks a flow chart that adequately depicts the financial management process.

scholarly journals ANALISIS PERENCANAAN PENGELOLAAN KEUANGAN DESA SESUAI DENGAN PERATURAN MENTERI DALAM NEGERI NOMOR 113 TAHUN 2014 DI DESA KAUNERAN I KECAMATAN SONDER KABUPATEN MINAHASA

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Mewvi I. Walukow ◽  
Lintje Kalangi ◽  
Sherly Pinatik
Keyword(s):  
Financial Planning ◽  
Financial Management ◽  
Management Process ◽  
Analysis Method ◽  
Government Regulations ◽  
Management Planning ◽  
Planning Stage ◽  
Finance Management ◽  
The Government ◽  
The Village

Village financial management planning is the first step in the village financial management process. This planning stage is very important because in relation to village financial management, this stage of planning is the process by which the draft APBDesa will be developed. The purpose of this research is to know the financial planning in Kauneran I village, Sonder sub-district of Minahasa regency. This research uses qualitative analysis method. The results showed that at the planning stage of village financial management in the village of Kauneran I still not in accordance with Permendagri 113/2014. This is seen in the government regulations on APBDesa that should be evaluated by the local Bupati / Walikota is not implemented at all. In addition, the lack of participation from the community also becomes another fator of constraints in the planning stages of village finance management. This indicates that the financial management of villages in Kauneran I village has not implemented a participatory principle in accordance with Permendagri 113/201.Keyword: Perencanaan Village’s Financial Management, Permendagri No. 113/2014

scholarly journals Workshop Financial Literacy untuk Siswa SMA 6 Tangerang Selatan

2020 ◽  
Vol 2 (1) ◽  
pp. 42-47
Author(s):  
Herlisianne Suyanto ◽  
Dijan Mardiati ◽  
R Hendra Winarsa ◽  
Widia Astusti ◽  
Reza Octovian
Keyword(s):  
Financial Literacy ◽  
Financial Planning ◽  
Financial Management ◽  
School Age ◽  
Financial Plan ◽  
The Future ◽  
Financial Arrangements

Kebutuhan manusia dalam ilmu ekonomi bisa dikatakan tidak terbatas adanya. Semua keinginan ingin sekali terealisasi dengan mudah. Kondisi ini tentusaja tidak akan bisa terwujud tanpa adanya pengaturan keuangan yang baik. Alasannya,dengan mengatur keuangan seseorang bisa memperioritaskan antara kebutuhan primer, skunder, dan tersier. Oleh sebab itulah pada PKM ini akan diberikan penyuluhan mengatur keuangan bagi anak, khususnya anak dalam usia sekolah (pelajar). Metode pelaksanaan dengan metode penyuluhan dan seminar. Pengelolaan keuangan sederhana di SMK mendapatkan hasil yang sangat baik. Siswa lebih peka terhadap diri dan ke mulai dapat mengambil sikap untuk menentukan apasaja yang harus diraih dan ditempuh untuk mewujudkan rencana keuangannya tersebut, meski belum terkondidikan dengan baik, mereka mampu memberikan pemaparan akan perncanaan keuangannya di masa yang akan datang.Kata Kunci :Keuangan, LiterasiABSTRACTHuman needs in economics can be said to be unlimited. All wishes long to be realized easily. This condition certainly would not have been possible without good financial arrangements. The reason, by regulating one's finances can prioritize primary, secondary and tertiary needs. That is why the PKM will be given counseling to arrange financial management for children, especially children of school age (students). The method of implementation is using counseling and seminar methods. Simple financial management in SMKs gets very good results. Students are more sensitive to themselves and begin to take the attitude to determine what must be achieved and taken to realize the financial plan, although not well educated, they are able to give an explanation of their financial planning in the future. Keywords: Finance, Literacy

Specifics of strategic financial planning of enterprise activity in the digital economy

2020 ◽  
Vol 26 (3) ◽  
pp. 499-507
Author(s):  
P.A. Levchaev ◽  
B. Khezazna
Keyword(s):  
Strategic Planning ◽  
Financial Planning ◽  
Financial Management ◽  
Digital Economy ◽  
Economic Life ◽  
Corporate Management ◽  
Economic Relations ◽  
Digital Era ◽  
Analysis And Synthesis ◽  
Corporate Management System

Subject. The article investigates the specifics of strategic financial planning of enterprise operations in conditions of digitalization processes, as well as the introduction of advanced technologies in all spheres of social and economic life. It determines unique opportunities for company development in the international market. Objectives. The study aims at reviewing a set of economic relations and problems emerging in the process of strategic financial planning of enterprise performance in the digital economy, and developing recommendations to improve the financial strategic planning of economic entities. Methods. We employ methods of economic analysis and synthesis, and comparison. The paper rests on works by academic economists on the problems of finance, financial management, and planning. Results. We investigated the most important features and problems of strategic financial planning of enterprises in the digital economy, and how the digital era increases the level of competition of participants for economic dominance. Identified features of financial strategic planning of the corporation's activities in the digital economy are recommended for use in the corporate management system of an industrial enterprise. Conclusions. Improving the strategic management process is a stage of transformations in the digital economy. Enterprises create new priorities through using management models. At the same time, the role of fixed assets is reduced, and intangible assets and information accelerate the business. The effectiveness of company operations is often determined by the availability of accurate and timely information that reflects the necessary aspects of financial and economic practice.

An Analytical Study On Financial Planning And Strategy Formulation

2019 ◽  
Vol 118 (9) ◽  
pp. 28-34
Author(s):  
Dr P. Govindasamy ◽  
Dr.H. Premraj
Keyword(s):  
Financial Planning ◽  
Product Line ◽  
Financial Forecasting ◽  
Strategy Formulation ◽  
Wealth Maximization ◽  
Corporate Growth ◽  
Financial Plan ◽  
New Business ◽  
Future Income ◽  
A Company

Financial Planning and Forecasting is the estimation of value of a variable or set of variables at some future point. A Financial forecasting exercise is usually carried out in order to provide an aid to decision – making and planning of any line of business for future developments. This paper focuses insurance segments and tailored all the key areas of attention are such as assets, liabilities, marketing, human resources, expenditures, digitalization and technology inclusion, etc., all in one term called as wealth maximization. Financial planning and forecasting represents a blueprint of what a firm proposes to do in the future. So, naturally planning over such horizon tends to be fairly in aggregative terms. We need to focus on common elements which include economic assumptions, target forecast, proforma statements, asset requirements and the mode of financing the investments and so on. A financial plan can also be an investment plan, which allocates savings to various assets or projects expected to produce future income, such as a new business or product line, shares in an existing business. Financial forecast and financial plan can also refer to an annual projection of income and expenses for a company, division or department. This can also be an estimation of cash needs and a decision on how to raise the funds, such as through borrowing or issuing additional shares in a company. Forecasting is also used by outsiders to value companies and their securities. This is the aggregative perspective of the whole firm, rather than looking at individual projects. Growth is a key theme behind financial forecasting, so growth should not be the underlying goal of corporation – creating shareholder value is enabled through corporate growth.

LOGISTICS BASICS OF ORDER MANAGEMENT

2020 ◽  
Author(s):  
L.K. Kirillova ◽  
Keyword(s):  
Continuous Operation ◽  
Management Process ◽  
Managerial Decisions ◽  
Order Management

The article considers the conceptual features of logistics and criteria for making managerial decisions. The role of order management in ensuring the continuous operation of the organization is shown. The stages of the order management process for planning the system of interaction with customers are reflected.

scholarly journals BUDGETING IN INDUSTRIAL ENTERPRISES

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
Ya. Samusevych ◽  
A. Temchenko
Keyword(s):  
Financial Planning ◽  
Financial Management ◽  
Planning Process ◽  
Minimum Cost ◽  
Cost Effective ◽  
Planning Stage ◽  
Industrial Enterprises ◽  
Planning And Control ◽  
Rational Organization ◽  
Internal And External Factors

The key to successful and cost-effective activities of enterprises is the rational organization of the planning process, which concerns financial indicators and involves writing budgets. The article summarizes the theoretical and practical aspects of the organization and implementation of budgeting in industrial enterprises. The study of approaches of different scholars to the interpretation of the essence of the concept of budgeting allowed defining it as a complex economic process of the management cycle. It is developed at the discretion of the enterprise by determining the amount and composition of the costs of individual units of the entity and ensuring coverage of these costs by the resources of the enterprise to achieve the ultimate goal of the entity – to obtain maximum profit at minimum cost, taking into account both internal and external factors. The role of budgeting for industrial enterprises, its main purpose, the list of entities involved in budgeting, as well as the fundamental criteria for budgeting were clarified. Based on the generalization of a number of the most important criteria for the company, the possible types of budgets as well as their advantages and specifics of use depending on the objectives of the entity were generalized and described. The analysis of the basic stages of budgeting which are carried out in the course of activity of the is enterprise carried out, terms of writing and representation of budgets on an example of the monthly, quarterly and annual financial period are considered. It is determined that the budgeting system is a tool of internal financial planning and control, which significantly increases the efficiency of financial management of the enterprise, preventing the irrational use of financial resources both at the planning stage and at the stage of control over their use. Given the lack of established norms and rules for budgeting in the enterprise, optimizing the organization of the budgeting process and the effectiveness of financial planning are the tasks of the internal system of corporate governance.

scholarly journals Perencanaan Keuangan untuk Mencapai Tujuan Finansial

2010 ◽  
Vol 1 (1) ◽  
pp. 183
Author(s):  
Arta Moro Sundjaja
Keyword(s):  
Financial Planning ◽  
Financial Management ◽  
Investment Planning ◽  
Education Costs ◽  
Retirement Funds ◽  
The Right ◽  
Emergency Fund

Financial planning of individuals started a trend in Indonesia in recent years. This paper will attempt to design an individual financial planning. Object of this project include individual financial planning and financial management, investment planning, financial planning elements, prepare an emergency fund and retirement funds, education costs and achieve other financial goals. Of this paper is expected to increase the knowledge of individuals in managing finances and choosing the right media investments and achieve their financial goals.

Women’s financial planning for retirement

2019 ◽  
Vol 37 (1) ◽  
pp. 120-141 ◽  
Author(s):  
Satish Kumar ◽  
Sweta Tomar ◽  
Deepak Verma
Keyword(s):  
Financial Literacy ◽  
Financial Planning ◽  
Financial Management ◽  
Future Research ◽  
Content Type ◽  
Developed Economies ◽  
Factors Influencing ◽  
The Status ◽  
Socio Demographic Factors ◽  
Women's Retirement

PurposeThe purpose of this paper is to examine the status of the research on women’s financial planning for retirement. This paper provides a brief review of the work carried out so far along with a conceptual framework of factors influencing women’s retirement financial planning. In addition, it lists significant gaps and recommends avenues for future research.Design/methodology/approachThe review is based on 151 articles appearing in various peer-reviewed journals published during 1980–2017. The study establishes its prominence by studying the publication activities based on the year of publication and region, citation analysis, research designs, data analysis techniques and findings from the selected articles.FindingsMost of the literature on women’s financial planning for retirement indicates a lack of financial management amongst women and their susceptibility to poverty in postretirement years. The majority of the research works in this field have taken place in developed economies. Empirical research with regression-based models for analysis is the most popular research design. This review also highlights the significant determinants of women’s retirement financial planning as identified through literature. These include socio-demographic factors, psychological constructs, financial literacy, economic and circumstantial forces.Originality/valueThis paper covers the research works done in this area in the past 38 years. To the best of authors’ knowledge, this is the first attempt to provide a systematic and comprehensive compilation of the knowledge in this subject. It further synthesizes the findings of various studies on factors influencing women’s retirement financial planning and gives recommendations for future studies.

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