scholarly journals IMPROVEMENT OF MANAGEMENT OF FINANCIAL RESOURCES AS PRECONDITION OF EFFECTIVE ACTIVITY OF STATE AGRICULTURAL ENTERPRISES

2019 ◽  
Keyword(s):  
Financial Management ◽  
The State ◽  
Financial Resources ◽  
Financial Flows ◽  
Agricultural Enterprises ◽  
Effective Activity ◽  
Fixed Assets ◽  
Rational Management ◽  
Break Even Point

The article deals with the determination of directions of improvement of management of the cash funds of the state agricultural companies. The research is started with determination of relevance and necessity of finding ways to improve management of the cash funds of the state economic entities in agriculture. According to conducted research, the following directions of improvement of management the financial resources of the state agricultural enterprises are established: impartial and timely analysis of financial results; optimization of products structure; adherence of complex-system approach in the management of the cash funds; improvement of financial planning and budgeting; rational management by fixed assets and by working capital; taking into account reserves of reducing of cost of the products; application rational system of the management of financial flows; delegating functions of book-keeping and financial management of small state agricultural enterprises to consulting firms; maximal harmonization of functioning of financial and organizational structure; increase financial potential by increasing profit and solvency; planning cash receipts, priority payments, budget subdivisions of the enterprise, conducting payment calendars; daily distribution of the financial resources which arrived according to beforehand determined priorities, drafting plans of move of cash funds per by subdivisions of the enterprise. The article determines the unprofitability of the state agricultural enterprises as their main problem. The research proposes to eliminate unprofitability of the state companies in the agriculture under conditions of selling of the state agricultural products below of break-even point and in case of falling prices for these products. In further research, it is necessary to determine the ways of profitability increase of the state agricultural enterprises without production diversification.

scholarly journals USE OF INVESTMENT INSTRUMENTS FOR DEVELOPMENT OF WATER SUPPLY AND WASTEWATER SPHERE IN UKRAINE

World Science ◽  
2019 ◽  
Vol 2 (6(46)) ◽  
pp. 30-38
Author(s):  
Oleksandr Ignatenko ◽  
Iryna Krylova
Keyword(s):  
Water Supply ◽  
Statistical Data ◽  
Local Communities ◽  
The State ◽  
Financial Resources ◽  
Quality Of Services ◽  
General Context ◽  
Investment Activity ◽  
Fixed Assets

The article is devoted to the clarification of the peculiarities of the use of investment instruments for the development of the water supply and wastewater sector in Ukraine. The sphere of water supply and wastewater of Ukraine requires significant investments for the renewal of fixed assets of water supply and wastewater enterprises, reconstruction and development of engineering infrastructure, introduction of the latest technologies, improvement of the quality of services, etc. The authors consider the concept of investment, investment activity, investment program in the general context and in the field of water supply and wastewater. The structure of planned volumes of financing of measures of investment programs of water supply and wastewater enterprises in 2018 is being analyzed. Issues of application of other modern financial and economic mechanisms in the field of water supply and wastewater are considered. The article analyzes the state of realization of public-private partnership in the field of water supply and wastewater on the basis of statistical data. Investment approaches based on participative financing, which involves the use of financial resources not only of the state but also of local communities, business and civil society institutions, and financing through the use of opportunities of the market of debt obligations, including at the expense of the issue of municipal securities in the form of bonds of a local loan.

scholarly journals ECONOMIC RESOURCES PROVISION OF THE AGRICULTURAL SECTOR OF UKRAINE

2017 ◽  
pp. 96-100
Author(s):  
Svitlana Khalatur
Keyword(s):  
Financial Management ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Economic Resources ◽  
New Techniques ◽  
The Sustainable Development ◽  
Agricultural Industry ◽  
Agricultural Enterprises ◽  
Fixed Assets ◽  
Reproductive Processes

Introduction. In the process of agricultural production the natural resources, human resources and capital are used. Responsible management of resources will contribute to the sustainable development of agriculture with the possibility of agricultural products, to satisfy the needs of the population quantitatively and qualitatively. The transition of agricultural production on industrial basis, the emergence of new techniques, technologies, organizational innovations are defined by quantitative and qualitative composition of the economic resources that would meet the modern conditions of activity of the agricultural sector. Purpose. The research aims to identify trends in the structure of the economic resources and their availability in the agricultural sector of Ukraine. Method (methodology). In the process of research the following methods have been used: monographic method; method of critical analysis; method of structural and trend analysis. Results. The structure of assets of agriculture of Ukraine is estimated. We have established the trends in the proportion of assets of agriculture in the structure of the assets of all sectors of the economy and their cost. The dynamics of changes in the ratio of fixed and current assets of agricultural enterprises of Ukraine is analysed. The analysis of non-current assets of agricultural enterprises is considered. It has been determined the dynamics of change in value of fixed assets. The features of reproductive processes in the agricultural sector are formed. The obtained results should be applied at the rationalization of administrative decisions in the field of financial management by managers and specialists of agricultural industry.

ECONOMIC SECURITY MANAGEMENT OF AGRICULTURAL ENTERPRISES AT THE REGION

2019 ◽  
Vol 4 (4) ◽  
pp. 388-394
Author(s):  
Viktoriia Hmyria ◽  
Volodymyr Kucherenko
Keyword(s):  
Agricultural Production ◽  
Economic Security ◽  
The State ◽  
Economic Stability ◽  
National Interests ◽  
Agricultural Enterprises ◽  
Theoretical Approaches ◽  
Proposed Model ◽  
Fixed Assets ◽  
Definition Of

The purpose of this article is to study theoretical approaches to definition of economic essence and directions of economic security formation of agricultural enterprises at the region. Analysis of the theoretical aspects of the research object showed that currently there are different approaches to the economic security interpretation. It is considered as a process of meeting public needs, protection of the state national interests, the economic stability, the state of the national economy, in which the country provides its own sovereignty, a state of protection against a certain type of threats. Certain realities of a market economy require fundamentally new approaches to the formation and increase of efficiency of agrarian enterprises functioning, and thus ensure their economic security. In the context of the latest scientific dimensions, it has been found out that the economic security of agricultural enterprises is a complex of sophisticated branched processes, methods, tools, levers of influence on activity for the purpose of increasing the economic activity efficiency of entities. In this regard, there are many different opinions regarding the components of enterprises economic security. It is proved that the economic security of enterprises is characterized by certain features in the regional context of their formation and application to agricultural production. The proposed model Forsythe technology modernization of a regional mechanism of economic security at agricultural enterprises will allow to determine more efficiently the volume of investments, tax burden on the industry and crediting enterprises, depreciation deductions etc., which will effectively affect the activity of the enterprise, and hence ensure its basic – economic security. Keywords: economic security, agricultural enterprises, natural conditions, fixed assets, information security, financial security.

scholarly journals FINANCIAL MANAGEMENT MODELING FOR ENTERPRISES

2018 ◽  
pp. 272-285
Author(s):  
Natalia Wasilewska ◽  
Nadiia Davydenko
Keyword(s):  
Strategic Planning ◽  
Financial Management ◽  
Financial Resources ◽  
Financial Sustainability ◽  
Enterprise Development ◽  
Management Processes ◽  
Main Factors ◽  
Effective Organization ◽  
Polynomial Trends

The purpose of the study was to model the financial management processes of enterprises to ensure the qualitative and complete forecasting of enterprise development. The analysis of the strategic matrix of interconnections through the use of power, logarithmic and polynomial trends during the determination of the tightness of the connection between the financial resources’ volumes and the coefficients of liquidity and financial sustainability at the enterprise was carried out. It is established that effective organization of scenario activity as an element of strategic planning is one of the main factors that will allow improving the system of financial management at the enterprise.

scholarly journals Modernization of the system of formation and use of financial resources of pension insurance in Ukraine

2021 ◽  
pp. 29-32
Author(s):  
Olena PETRUSHKA
Keyword(s):  
Financial Management ◽  
Pension System ◽  
Public Awareness ◽  
High Standard ◽  
Financial Resources ◽  
Pension Insurance ◽  
Financial Flows ◽  
Insurance System ◽  
Adequacy Assessment ◽  
Pension Insurance System

Introduction. Due to the demographic, socio-economic and financial problems facing Ukraine, the need to modernize Ukraine’s pension system is quite acute. The basis for its improvement should be changes that will ensure the creation of a balanced and equitable pension insurance system, which will operate on the basis of transparency and efficiency, the main vocation of which will be to ensure a high standard of living and social integration of existing and future retirees. The purpose of the paper is to study the problems of the functioning of the pension system of Ukraine and to find ways to improve the system of formation and use of financial resources of pension insurance. Results. Real and priority steps towards the implementation of the outlined vectors of reform on the way to improving the pension system should be comprehensive systemic measures to de-shadow the economy, create jobs, legalize the labor market, reduce pressure on the payroll and simplify tax administration, ensure adequate wages and income. In order to improve the mechanism of effective use of the pension system, it is necessary to modernize the existing system of administrative, financial and budgetary management. The key point of such modernization is to take into account the completeness of financial security, efficiency and effectiveness of financial flow management. Ensuring the efficient use of budget funds of the pension system is considered as one of the ways to increase the provision of these funds. The use of budget funds should be based on a balance of opportunities and needs for financial resources, analysis of their adequacy, assessment of their effectiveness and manageability, the availability of innovative levers and management schemes, other components of financial management, soundness of financial flows. One of the important activities to solve the problem of formation and use of financial resources is to overcome the problem of distrust and lack of public awareness about private pension provision. Conclusion. The urgency of the chosen ways to modernize the pension system of Ukraine is increasing due to the fact that it will concern the improvement not only of the pension insurance system, but also of the entire economic system of Ukraine. After all, it will create additional incentives for the economy to emerge from the shadows, will form a great potential of financial resources that will be directed to investment and economic development of the country.

scholarly journals FINANCIAL METHODS IN THE STRUCTURE OF FINANCIAL MECHANISM OF STATE-PRIVATE PARTNERSHIP: SCIENTIFIC ASPECTS OF RESEARCH

2019 ◽  
pp. 37-48
Author(s):  
Bohdana SHULIUK
Keyword(s):  
Financial Regulation ◽  
Public Private Partnership ◽  
The State ◽  
Financial Resources ◽  
Economic Activities ◽  
Important Place ◽  
Financial Flows ◽  
Private Partnership ◽  
Essential Condition ◽  
Financial Mechanism

Introduction. An essential condition for the functioning of the financial mechanism of public-private partnership is the formation of effective financial methods. At the same time there is no single approach in the economic literature to finding out the essence of financial methods and their types, that needs activation of scientific efforts, noted questions directed on research. Methods. We use methods of dialectical analysis and synthesis, as well as methods of logical generalization, comparison and formalization. Results. The article outlines the essence of financial methods as a manifestation of the financial mechanism of public-private partnership. Under them it is necessary to understand the totality of financial procedures used in the joint activity of the state and economic entities for the performance of their functions. It was singled out their types, in particular: financial planning, financial support, financial regulation, financial accounting, analysis, evaluation of the effectiveness and efficiency of the mechanism, financial control. The objective necessity of effective development and effective use of financial methods is exposed for the sphere of realization of partner relations between the state and business is revealed. After all, with the help of them, strategic and tactical vectors of activity are created, the mobilization of the necessary financial resources and rational distribution of them are carried out, the tasks of the partners of the partnership are fulfilled. It is noted that the relevance of these issues caused considerable interest and attention of scientists to the study of financial methods. It noted the versatility of the coverage of this concept in the scientific literature, and as a consequence, the lack of a terminological basis of his knowledge in the field of selected research. Conclusions. Financial methods occupy an important place in the structure of the financial mechanism of public-private partnership. After all, they allow to rationally plan the sources of formation and directions of the use of financial resources of public-private partnership, to effectively monitor the flow of financial flows, to monitor the status of payments and settlements with suppliers and customers, to evaluate the results of financial and economic activities of the partners. Consequently, the effectiveness, efficiency and effectiveness of the mechanism are ensured.

scholarly journals Improvement of accounting and analytical providing of capital investments in agricultural enterprises

Ekonomika APK ◽  
2020 ◽  
Vol 308 (6) ◽  
pp. 122-130
Author(s):  
Natalia Serhieieva
Keyword(s):  
Financial Reporting ◽  
International Standards ◽  
Practical Significance ◽  
Capital Investments ◽  
Record Keeping ◽  
Agricultural Enterprises ◽  
Fixed Assets ◽  
Analysis And Synthesis ◽  
Logical Method

The purpose of the article is to improve the methodological approaches and principles of accounting and analytical support to determine the need for capital investments for the renewal of fixed assets. Research methods. The methods of analysis and synthesis were used for development of model of the registration-analytical providing for determination of requirement in capital investments. An abstractly-logical method was used for generalization and forming of conclusions. Research results. The analysis of international standards is carried out and normatively legal acts in relation to the account of capital investments. Approaches are generalized in relation to the reflection of information about capital investments on the accounts of record-keeping and in the financial reporting. The algorithm of determination of requirement is worked out in capital investments. The analysis of normative legal acts for the presence of criteria of the boundary between period. Scientific novelty. The model of the registration-analytical providing offers for determination of requirement in the capital investments of agricultural enterprises on updating of the fixed productive assets taking into account their branch features. The methods of reflection are improved in an account and accounting of depreciation of object, got in the financial leasing and operations on the reinvestment of profit. Practical significance. The worked out model will allow representing correctly a requirement in capital investments, that will assist the increase of production capacities and planning of charges on updating of the fixed assets. Tabl.: 3. Figs.: 2. Refs.: 17.

ASSESSMENT OF PUBLIC HEALTH INSTITUTIONS FINANCIAL MANAGEMENT

2020 ◽  
Vol 10 (4) ◽  
pp. 594-603
Author(s):  
G.K. Zinurova ◽  
Keyword(s):  
Economic Development ◽  
Financial Management ◽  
Local Governments ◽  
Social Protection ◽  
The State ◽  
Insurance Companies ◽  
Commercial Activity ◽  
Actual Problem ◽  
Financial Flows ◽  
Socio Economic Development

The actual problem of optimizing financial management in state budgetary healthcare institutions is considered. In the framework of the state policy, it is necessary to clearly define the limit of social guarantees provided at the expense of budgets, and to create new mechanisms for social protection of citizens. The implementation of this task largely depends on the condition and stability of the state and municipal finances, which are the main source of healthcare funding. The Federation entities and municipalities are independent in determining the list of target programs due to different priorities of socio-economic development, differences in the structure of state authorities and local governments. When forming the procedure for the development, implementation and evaluation of the effectiveness of targeted programs, the Federation entities and municipalities must find a balance between approaches of the federal government level, the specifics of the territory and the features of the existing system of state (municipal) managing its socio-economic development. The authorities of various levels are forced to limit the growth of budget expenditures against the backdrop of an unfavorable economic situation. The most important condition for the development of the budget system of the Russian Federation in such a situation is to increase the efficiency of the use of budget funds. Health expenditures account for about a quarter of territorial budget expenditures. Therefore, one of the most important issues of financing state medical budgetary institutions is financing from the funds received from the provision of paid services through active cooperation with insurance companies. The analysis of the structure of financial flows revealed trends and deviations from the planned values. The effect from cooperation of medical institutions with insurance companies is analyzed. Cooperation is based on the variation of two main variable factors - the discount and the expected increase in demand for services, which allows us to determine the effectiveness of project implementation both for individual groups of services and for the entire commercial activity of the hospital as a whole.

scholarly journals Investment needs assessment of Ukrainian agricultural enterprises

2017 ◽  
Vol 14 (1) ◽  
pp. 181-190 ◽  
Author(s):  
Volodymyr Ulanchuk ◽  
Olena Zharun ◽  
Sergey Sokolyuk ◽  
Svetlana Tkachuk
Keyword(s):  
Needs Assessment ◽  
Payback Period ◽  
The State ◽  
Foreign Markets ◽  
Agricultural Enterprises ◽  
Fixed Assets ◽  
Investment Income ◽  
In The Beginning ◽  
Technical Basis

Agricultural enterprises in Ukraine require a considerable investment income. The paper studies the main problems and conditions for investment into agricultural enterprises, the scope and dynamics of their investment provision. The results of agricultural enterprises activity depend directly on the state of their fixed assets. This is one of the biggest vulnerabilities of agricultural enterprises, which makes it impossible for the economy of Ukraine to demonstrate decent results. Investments should be used primarily for the development of material and technical basis of agricultural enterprises, because the fixed assets always depreciate, the term of their use in many enterprises exceeds 15 years and their number is constantly decreasing. Investment in technical provision of plant growing is necessary and attractive. Firstly, as a basis of plant growing, grain and oilseeds are always in demand at the domestic and foreign markets. Secondly, the volumes of investments are moderate compared to other investments in agriculture. In the beginning, it is sufficient to invest into the branch on average from 1 to 2 thousand US dollars per 1 hectare. The average payback period of investments is 2-4 years. Thus, in order to stimulate investments, it is vital to form a qualitatively new policy aimed at increasing investment attractiveness of agricultural enterprises.

scholarly journals FINANCIAL SECURITY OF FUNCTIONING OF THE BUSINESSES IN THE AGRICULTURAL SECTOR OF ECONOMY IN THE CONDITIONS OF CHANGES

2020 ◽  
pp. 27-32
Author(s):  
Antokhov A. A. ◽  
Antochova I. M. ◽  
Byndiu V. ◽  
Popel L.
Keyword(s):  
Stock Market ◽  
Agricultural Sector ◽  
Bank Lending ◽  
Business Development ◽  
The State ◽  
Financial Assistance ◽  
Financial Resources ◽  
Financial Security

The problem of the importance of the financial security of business development in the agricultural sector of economy is covered in this article. The importance of inner and outer sources of financing during the organization of their practice has been determined. Special attention is payed towards the problematic questions of build-up of the capacities of financial resources, determination of the optimization of sources of their formation. The problematic questions of bank lending and the implication of the financial resources through the stock market are also covered below. Great attention is directed towards the importance of the state financial assistance for agricultural sector of economy development.

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