scholarly journals OPTIMIZATION OF SETTLEMENTS WITH SUPPLIERS AND CONTRACTORS OF ENTERPRISES

2020 ◽  
Author(s):  
Yuliia Prymush ◽  
◽  
Yevheniia Holovchenko ◽  

Currently, not a single organization can operate without accounting, regard-less of departmental affiliation and ownership. The raison is that only accounting data provide complete information about the property and financial condition of the organization. Synthetic and analytical information on the state of material, la-bour and monetary resources, the effectiveness of investment and credit policy, costs and production efficiency allows you to manage business activities and monitor the implementation of profit plans, develop long-term plans for production development. An important part of accounting is the accounting of settlements with suppliers and contractors, settlements with buyers and customers. In the course of economic activity, organizations constantly conduct settlements with suppliers for the fixed assets, raw materials, materials and inventory items, the executed works and the rendered services; with buyers – for the goods bought by them, finished goods; with credit institutions on loans, credits and other financial transactions; with the budget and tax authorities – on various payments; with other bodies and persons – for various business transactions. In a market economy, the risk of non-payment or late payment of bills increases, which leads to receivables and payables. Part of this debt in the process of financial and economic activities is inevitable and must be controlled within acceptable values. Overdue accounts payable indicate violations of financial and payment discipline by buyers, suppliers, and customers, which requires immediate action to eliminate the negative consequences. Timely application of these measures is possible only when the company carries out systematic control. This article considers the economic essence of settlements with suppliers and contractors as part of the obligations of the enterprise, their definition, recognition, classification, and evaluation in accounting. The legislative and normative regulation of accounting of settlements with suppliers and contractors is singled out. The final stage of this work is the presentation of ways to improve settlements with suppliers and contractors on the example of the company Public Joint Stock Company "ArcelorMittal Kryvyi Rih".

Author(s):  
Firuza Alisherovna Umarova ◽  
◽  
Kamal Saidakbarovich Rizaev ◽  
Nemat Kayumovich Olimov ◽  
Zaynab Enverovna Sidametova ◽  
...  

Analysis of the assortment of sedatives registered in the Republic of Uzbekistan showed that sedatives are represented on the pharmaceutical market of the country by such dosage forms as drops, solutions, tinctures, syrups, medicinal herbal raw materials, capsules and tablets. Considering that sedatives registered in the form of a substance, with the exception of the dry extract of Leoglycyrfl produced by “Uzkimyofarm”, there are practically no names of S.K. Islambekov in the Joint Stock Company. In this regard, we consider it expedient to create a new sedative medicinal product of herbal origin in the form of a substance and obtain dosage forms based on it.


2019 ◽  
Vol 2 ◽  
pp. 11-18
Author(s):  
Smirnov N.N. ◽  
Konoval A.V. ◽  
Smirnova D.N. ◽  
Kochetkov S.P.

The environmental problems of the production of extraction phosphoric acid and the effect of fluorine on the human body are discussed in the article. The creation of the industry of phosphoric fertilizers on the basis of processing of fluorine-containing phosphate raw materials and fluorine-containing compounds, the development of their application require the study of environmental consequences arising from this, because fluorine is characterized by high mobility in the biological cycle of metabolism. For the purification of phosphoric acid from fluorine was used carbon adsorbents such as active charcoal brand BAU, natural graphite deposits Kyshtymsky, P514 soot, charcoal. Experiments on the purification was carried out on non-evaporated half-hydrated extraction phosphoric acid which was produced by joint stock company «Apatit» in Cherepovets city in Russia. The following analyses were carried out: IR-Fourier spectrometry, research of acid–base properties of carbon materials by potentiometric titration, potentiometric method of fluorine determination in extraction phosphoric acid. It is mentioned that the carbon black P514 is the most efficient adsorbent for purification of extraction phosphoric acid. The total number of functional groups on its surface is 0.62 mmol/g, the degree of purification from fluorine compounds is 94.8%.


2021 ◽  
Vol 915 (1) ◽  
pp. 012028
Author(s):  
N Shmygol ◽  
O Galtsova ◽  
O Yelisyeyeva ◽  
Tarlopov ◽  
V Belozertsev

Abstract In the article it is proved, that the economic development of any industry depends on the results of the economic activities of the enterprises that are part of it. Based on the available statistical data, we proposed a model for diagnosing the results of the mining industry and conducted a comparative analysis of the results of the study in the context of economic activities. Given the high integration of mining enterprises into the system of intersectoral relations, this problem cannot be solved within the framework of one industry. Therefore, it is proved that, taking into account the existing experience, it requires complex measures: accounts receivable are formed as a result of late payment for delivered products. The main consumers of the extractive industry are: the processing industry, the supply of electricity, gas, air conditioning and transport. They consume more than 87% of the products of this industry in the intermediate consumption market and are the most debtors; on the other hand, these regions are also the largest suppliers of raw materials, materials and semi-finished products for the extractive industry. Therefore, in the end, the accumulation of current accounts payable at the enterprises of the extractive industry for the delivered goods and services is the least desirable for them.


Afrika Focus ◽  
1989 ◽  
Vol 5 (3-4) ◽  
Author(s):  
Jan Van Criekinge

The present day railway system in West Africa is the result of the transportpolicy developed by the colonial powers (France, Great Britain and Germany) at the end of the 19th century. lt is remarkable that no network of railways, like in Southern Africa, was brought about. The colonial railways in West Africa were built by the State or by a joint-stock company within the borders of one colony to export the raw materials from the production centres to the harbours. Nevertheless railways were built for more than economical grounds only, in West Africa they had to accomplish a strategic and military role by "opening Africa for the European civilization". Hargreaves calls railways the "heralds of new imperialism" and Baumgart speaks of the own dynamics of the railways, to push the European colonial powers further into Africa... The construction of a railway needed a very high capital investment and the European capitalists wouldn't like to take risks in areas that were not yet "pacified". It is remarkable how many projects to build a Transcontinental railway right across the Sahara desert largely remained on paper. Precisely because such plans did not materialize, however, the motive force they provided to such imperialist actions as political-territorial annexations can be traced all the more clearly.The French built the first railway in West Africa, the Dakar - St-Louis line (Senegal), between 1879 and 1885. This line stimulated the production of ground-nuts, although the French colonial-military lobby has had other motives. The real motivation became very clear at the construction of the Kayes - Bamako railway. Great difficulties needed the military occupation of the region and the violent recruitment of thousands of black labourers, all over the region. The same problems transformed the building of the Kayes-Dakar line into a real hell. Afterwards the Sine Saloum region has been through a "agricultural revolution", when the local ground-nuts-producers have been able toproduce forforeign markets. The first British railways were built in Sierra Leone and the Gold Coast-colony (Ghana). In Nigeria railway construction stimulated the growth of Lagos as an harbour and administrative centre. Lugard had plans for the unification of Nigeria by railways. The old Hausa town of Kano flourished after the opening of the Northern Railway, for other towns a period of decline had begun. Harbour cities and interior railwayheads caused an influx of population from periphery regions, the phenomenon is called "port concentration". Also the imperial Germany built a few railwaylines in theirformer colony Togo, to avoid the traffic flow off to the British railways. If s quite remarkable that the harbours at the Gulf of Guinea-coast developed much later than the harbours of Senegal and Sierra Leone.After the First World War only a few new railways were constructed, the revenues remained very low, so the (colonial) state had to take over many lines. The competition between railways and roadtransport demonstrated the first time in Nigeria, it was the beginning of the decline of railways as the most important transportsystems in West Africa. Only multinational companies built specific railways for the export of minerals (iron, ore and bauxite) after the Second World War, and the French completed the Abidjan - Ouaga-dougou railway (1956).The consequences of railway construction in West Africa on economic, demographic and social sphere were not so far-reaching as in Southern Africa, but the labour migration and the first labour unions of railwaymen organized strikes in Senegal and the Ivory Coast mentioned the changing social situation.The bibliography of the West African railways contains very useful studies about the financial policy of the railway companies and the governments, but only afew railways were already studied by economic historians. KEY WORDS : bibliographical survey, colonial history, economic and demographic consequences, railway development, West Africa 


2019 ◽  
Vol 58 ◽  
pp. 58-66
Author(s):  
E. I. Fedorovych ◽  
S. I. Fyl ◽  
P. V. Bodnar

Effective interbreed selection, which involves family breeding, is an important task today, because the presence of valuable families characterizes the degree of herd selectivity and the level of breeding in it. Therefore, the purpose of our research was to conduct a retrospective analysis of the zootechnical accounting data of dairy productivity and breeding value of cow families at highly productive herd of Public joint-stock company “Stud farm “Stepnoy”, in Kamyansko-Dniprovskyy district of Zaporizhzhya region created by crossbreeding of the females of the Ukrainian Black-and-White dairy breed with Holstein breeders. The analysis included 45 families, with a head count of 8 to 19 heads, including foundation cows. Malta family UA2300205993 had the maximum number of descendants (6 daughters, 6 granddaughters and 6 great-grandchildren), and Malta family UA2300241359 (3 daughters and 3 granddaughters) – minimal. Found to be that the families under control were characterized by a significant level of differentiation in milk yield and fat and protein content in milk. The Mazi family UA230023375 was the best by milk yield, the Lemonka family UA2300233684 – by the fat in milk, by the protein in milk – Nasypa UA2300222571. At the same time, foundation cow Kviten UA2300077306, Nasypa UA2300222571, Yana UA2300248883, Lamysta UA2300198909 and Sokyra UA2300241365 had the most highly productive daughters; their milk yields for higher lactation was in the range 11143.5–12780.0 kg. At the same time high-productive foundation cows did not always receive high-productive daughters. In particular, 3 daughters of the foundation cow Krovlya UA2300229133, whose milk yields for higher lactation was 12671 kg, had lower milk yields by an average of 2704.7 kg. However, foundation cows with low milk yields level had daughters who had this rate significantly higher, including the foundation cow Kviten UA2300077306, Toskana UA2300077167, Liga UA2300034958, Maket UA2300241388 and Manilka UA2300233701, whose highest milk yields level for the highest lactation was in the range 5625–7701 kg, and ho had daughters whose milk yield was higher than their mothers by an average of 4858.5; 3975.3; 3704; 3299.5 and 3186.7 kg respectively. The granddaughter of the experimental foundation cows ranged from 8413.0 to12942.6 kg, fat content in milk – from 3.50 to 4.13% and protein content in milk – from 3.05 to 3.29%, and the figures of great-grandchildren were respectively 7114.0–11991.3 kg, 3.49–3.92% and 3.00–3.29%. It should be noted that 15 foundation cows gave granddaughters with an average milk yield of over 10000 kg, 13 with a milk yield more than 11000 and 3 – with a yield of more than 12000 and only 2 foundation cows had second generation descendants with an average yield of less than 9000 kg. The grandchildren of 14 foundation cows had over 10000 kg of milk yields, and 7 over 11000 kg. The breeding value of the foundation cows by the milk yields was within -497 (Liga UA2300034958) – +1614.4 kg (Tsykl UA2300233484), by the fat content in milk – within -0.098 (Hanh UA2300233710) – +0.280% (Stezhka UA2300205863) and by the protein content of milk within -0.073 (Maket UA2300241388) – +0.053% (Stezhka UA2300205863), breeding value by the above indicators of their daughters were accordingly within -554.9 – +819.3 kg, -0.065 – +0.095% and -0.038 – +0.045%, granddaughters – within -326.3 – +786.2 kg, -0.048 – +0.145% and -0.033 – +0.025% and to a great-granddaughters – within -670.5 – +590.3 kg, -0.067 – +0.043 and -0.043 – +0.030%. The most valuable in the herd relation by milk yield appeared to be Mazi family UA2300233755, Lemonka family UA2300233684 – by the fat content in milk and by the protein content in milk – the Nasypa family UA230022257. Among evaluated families by the nature of changes in breeding values in generations 31 (68.9%) were progressive, 4 (8.9%) were stable and 10 (22.2%) regressive. The prediction of the efficiency of dairy cattle breeding and prediction of certain changes by the productivity indices of subsequent generations can be made by correlation and regression coefficients of the main features: milk yield, fat content, and protein content in milk. The highest and most likely coefficients of correlation (r = 0.39) and regressions (R = 0.42) were observed between the milk yield of foundation cows families and their daughters. Each succeeding generation had declined and the indices of descendants of the third generation were unreliable. Influence of foundation cows in future generations, depending on the generation and nature of the features of milk productivity, was also different. Milk yield (h2 = 0.26–0.79) was characterized by the highest and most reliable heritability estimate, much lower and unreliable in the second and third generations – the fat (h2 = 0.10–0.22) and protein content in milk (h2 = 0.12–0.24). It indicates that in the controlled herd more attention is paid to milk yield focus breeding. Therefore, to improve family fat and protein content in milk it should be used breeders whose mothers have high fat and protein content in milk.


2021 ◽  
pp. 79-85
Author(s):  
Valentyna Nesterenko ◽  
Olena Chevychelova

Problem. Mergers and acquisitions are traditional processes of redistribution of property rights in a market economy. Mergers are often used by companies to gain control over larger market segments and increase performance efficiency. The acquisition process is not always desirable for the target company and is often used to establish control over its assets. Thus, the problems of assessing the risk of hostile takeover of the enterprise and its prevention are extremely relevant at the current stage, especially in the transport sector of Ukraine. Goal. The goal of the work is to develop the methodology for assessing the risk of hostile takeover of a motor transport enterprise and suggest methods for preventing its occurrence. Methodology. During the study, the following research methods have been used: analysis and synthesis, logical analysis. Information resources of the study are electronic information resources and periodic publications. Results. The risk of hostile takeover of an enterprise is the probability that the enterprise will become the takeover target through the legal actions and methods taken by the acquirer, but the acquisition procedure itself is against the wishes of the target’s board. The list of factors that determine the attractiveness of the potential acquisition target includes: the attractiveness of the enterprise in terms of its financial results and performance, the enterprise is not public, it occupies a considerable market segment, the enterprise operates as a joint-stock company, it is attractive in terms of further resale of its assets, the prospects of the industry in which the enterprise operates. According to the results of the studies assessing the risk level of hostile takeover of the group of motor transport enterprises, it has been revealed that 45% of enterprises are in the medium risk group. The following list of measures aimed at defending motor transport enterprises against hostile takeovers has been developed: the formation of optimal share capital structure; share consolidation when the majority shareholder holds the controlling interest; carrying out a sound dividend policy, the continuous monitoring of amounts and maturity dates of accounts payable, preventing the risk of arousing the counterparties’ interest in the resale of debt obligations of the enterprise to others. Originality. The methodology for assessing the risk of hostile takeover of a motor transport enterprise and reasonable measures to prevent its occurrence have been proposed. Practical value. The proposed recommendations can be used by the owners and management of motor transport enterprises to build an effective system for preventing potential hostile takeovers.


2020 ◽  
pp. 43-51
Author(s):  
Yu.I. Shvets ◽  
◽  
◽  

The article is devoted to a comprehensive study of German legislation regarding the right regulation of the work of supervisory boards of joint stock companies — banks. During the writing of the article, the main legislative acts of Germany, the current version of which was published on the official website of the Federal Ministry of Justice and Consumer Protection (Bundesministeriums der Justiz und für Verbraucherschutz), were studied and analyzed, as well as scientific articles by German scientists and practitioners. Corporate legislation of Germany is compared with the legislation of Ukraine regarding the legal regulation of the activity of banks, which are joint stock companies. It is established that the banking activity should be performed by a legal entity in the form of a joint stock company. The two-tier system of governance with supervisory boards and executive boards, as well as a clear division of powers of management and control between these bodies, must be mandatory for banks. Suggestions were made on the possibility of electing not only shareholders and independent directors, but also other bank stakeholders, to the Supervisory Boards, in particular the election of employees, trade unions and, as a consequence, strengthening the influence of the labor collective on the management of the company. Emphasis is placed on the existence in German corporate law of provisions allowing the election, in certain cases, of members of the supervisory boards in court for the application of the list of persons defined by law. It is concluded that such practice is not practicable in Ukraine at this time due to the lack of speed of court proceedings and the possibility of unfair actions to influence the joint stock company on this basis. It is proposed to provide a mechanism for appealing the decisions of the Supervisory Board by the company Executive Board. The implementation of these innovations could strengthen the system of checks and balances in the management of the bank, namely to ensure mutual control of the supervisory board and the executive board of the bank, as well as to make it impossible (to prevent) the possibility of making decisions that could lead to negative consequences in the activity of the bank. There are a number of other statements and suggestions that can be used in further legislative work to improve the legal regulation of corporate governance in Ukraine.


2018 ◽  
Vol 11 (1) ◽  
pp. 81-86
Author(s):  
G. S. Kiseleva

A competently constructed incentive system ensures a high level of interest and satisfaction with the work activities of the staff, reducing costs and increasing production efficiency. The effectiveness of staff involvement largely depends on determining the motivational attitudes of candidates, identifying the dominant motivators of the applicant, which will save effort and time in dealing with many candidates, hire a specialist focused on achieving goals that do not run counter to the company’s policies. The article outlines the main aspects of assessing the motivation of potential employees. The measures on attraction of necessary quantity of the personnel from external and internal environment are offered. Research of motivational installations of candidates and employees of the industrial enterprise «Signal» Engels Design Bureau named after A.I. Glukharev Joint-Stock Company, on the basis of the data obtained, the values of candidates were determined depending on various parameters: age, position, on a territorial basis. The corporate values that are common to the employees of the enterprise and candidates in search of work are defined: decent wages, comfortable workplace, leadership professionalism, competent company policy, these factors were included in the corporate motivator map. In the area of staff incentives, knowledge of a variety of incentives is required, the ability to link incentives with motivations, and to receive evaluation information on the perception of incentives by candidates and employees to increase the efficiency of staff involvement and enrich the motivation system. The effectiveness of staff involvement can be increased by studying the motivational attitudes of candidates and selecting personnel at the initial stage, the motivational profile of which must match the company’s goals.


Author(s):  
A. A. Akbasheva ◽  
E. A. Yaitskaya

In modern unstable conditions of economic development, special attention is paid to the financial condition of enterprises, since it reflects all aspects of the financial and production activities of an enterprise, determines its potential in the business world, competitiveness, stability in the market and determines potential positions in the market. Analysis of the financial condition of an enterprise in the presence of internal and external threats will allow assessing the current and prospective financial position of an economic entity, assessing the potential pace of development, identifying possible sources of assets formation, and predicting the financial position of an enterprise in the market. The scientific article summarizes modern methods of analysis and assessment of the financial condition of an enterprise, studies the systems for determining the financial condition as a tool for ensuring economic security. and also presents their features and content. Based on a comparison of the most common methods for assessing the financial condition of an enterprise, the following conclusion can be drawn: at present, when analyzing the financial condition of enterprises, the problem of choosing a methodology that meets the requirements of an enterprise to enhance the analysis of one or another block of economic and financial indicators is highlighted. That is, the given interconnections of the analyzed phenomena that characterize financial and economic activities can be very diverse and complex. Therefore, it is advisable to conduct analytics using not all the diversity, but only those factors and indicators on which the results of the financial and economic activities of the enterprise directly depend. All methods of assessing the financial condition of enterprises can be applied at enterprises in order to ensure economic security. Enterprises in an environment of uncertainty continuously need timely, objective and complete information about their financial condition to ensure constant and stable protection against real and potential threats and hazards. Moreover, owners and investors need such information. However, it is always necessary to remember and realize that the conditions of a market economy dictate their own rules, the promotion and development of enterprises takes place in a tough competitive environment, therefore, information should be submitted in a timely manner in order to make appropriate management decisions.


Author(s):  
Olena Stashchuk

The article proves that financial security functions are one of the fundamental categories, which makes it possible to more thoroughly describe the concept of financial security of jointstock companies. The purpose of the paper is to systematize the current approaches of scholars to determining financial security functions of business entities, as well as to improve financial security of joint-stock companies. The existing theoretical studies of financial security do not take into account peculiar features of doing business, institutional-legal forms and sectors of economic activities. A critical analysis of scholars’ approaches to identifying functions of financial security of business entities allows us to conclude that the classical functions of financial security of enterprises are as follows: establishing a framework for managing financial security of enterprises, assessing the level of financial security of enterprises, planning and forecasting the level of financial security of entities, exercising control over measures taken to achieve a satisfactory level of financial security of joint-stock companies. The role of joint-stock companies in the development of the financial system of the state is identified. Based on the major features of joint stock companies’ operations and typological characteristics of their financial security, it is proposed to distinguish general and specific functions of financial security of joint-stock companies. It is pointed out, that general functions include: extended reproduction, informational, organizational, planning, analytical, and stimulating. Accordingly, it is found that specific functions of financial security of joint-stock companies are as follows: protective, investment, anti-crisis financial management, financing business operations, equity capital management, and corporate governance. The proposed classification of functions might be useful in the process of establishing a framework for managing financial security of a joint-stock company, as well as enhance further research on the issue of providing a satisfactory level of financial security of corporate units. The described functions are found to possess the following characteristic properties: system approach, completeness, universality and comprehensiveness. At the same time, it is claimed that the division of the whole range of functions into general and specific ones will contribute to increasing the efficiency of financial security management of joint-stock companies.


Sign in / Sign up

Export Citation Format

Share Document