scholarly journals MANAGEMENT OF RECEIVABLES OF THE ENTERPRISE

2021 ◽  
Vol 7 (167) ◽  
pp. 23-27
Author(s):  
V. Verbytska ◽  
Ya. Nasonenko
Keyword(s):  
Management Accounting ◽  
Road Construction ◽  
The State ◽  
Information Support ◽  
Accounts Receivable ◽  
The Road ◽  
Goods And Services ◽  
Accounts Payable ◽  
Problematic Issue ◽  
The Moment

The article examined the current state of planning financial obligations and noted the urgency of the problem of the existence of receivables. The urgency of the problem arises due to the presence of a significant share of receivables in the assets of enterprises. The emergence of a problematic issue is the reason for the search for new ways and methods of control over accounts receivable. The organization and methodology for accounting for receivables for goods is shown on the example of TOV "EMSS". We found out that most of the company's income comes from the sale of equipment for the road construction industry, in particular, testing and diagnostic laboratories. The organization of accounting and the main problematic issues of management accounting of receivables in TOV "EMSS" are investigated. The stages of work with contractors are described and the essence of each stage is described in detail. The stage of generating an invoice for payment is considered the moment of the beginning of the receivable to the seller. It has been established that the enterprise is most characterized by current accounts receivable for products, goods and services. At the same time, the company has no bad accounts receivable. The terms of payment for goods and services formed at the enterprise are described. The state and features of management accounting of receivables and their monitoring have been investigated. The main reasons for the origin of accounts receivable in TOV "EMSS" have been clarified. The necessity of work on improving the accounting of receivables and payables has been substantiated. Measures are proposed to reduce the occurrence of accounts receivable and recommendations for improving its information support are developed. The essence of the proposed measures is to automate the information base on accounts payable and receivable of settlement participants; discussion and inclusion in contracts of all obligations between the parties at the stage of concluding the contract; fast fulfillment of obligations for the supply of goods and services; prompt updating of the state of mutual debt, keeping records and reporting of ongoing mutual settlements.

scholarly journals Value Added from the Perspective of Econophysics

2021 ◽  
Vol 24 (4) ◽  
pp. 137-152
Author(s):  
Ihor Hurnyak ◽  
Nataliya Struk ◽  
Aleksandra Kordonska
Keyword(s):  
Regression Models ◽  
Economic Value ◽  
Value Added ◽  
Economic Value Added ◽  
Accounts Receivable ◽  
Goods And Services ◽  
Accounts Payable ◽  
Intermediate Consumption ◽  
Economic Forces ◽  
Business Efficiency

The production, or value added, approach to GDP involves calculating an industry or sector’s output and subtracting its intermediate consumption (the goods and services used to produce the output) to derive its value added. The value added at the macro level depends on business efficiency. It reflects an increase in value that a business creates by undertaking the production process. We assumed that the market creates thousands of vibrating energies, coming from other enterprises, with different frequencies. The purpose of this article is to verify whether the econophysics approach could be successfully used to assess a business from the perspective of the interaction between economic forces. Thus, we propose that the term ‘value added’ be understood as a certain amount of accumulated energy of enterprises that comes from the interaction of basic economic forces and economic vibrating forces of accounting. Using regression models, we show the influence of basic forces, like debt and the stock market, and vibrating ones (i.e., accounts payable, accounts receivable, inventory) on the economic value added by testing US, European, and emerging markets. We confirmed the relevance and appropriateness of the econophysics approach to estimating the economic value added.

scholarly journals Priority areas of state regulation of the industry in the context of sustainable development

2021 ◽  
Vol 915 (1) ◽  
pp. 012028
Author(s):  
N Shmygol ◽  
O Galtsova ◽  
O Yelisyeyeva ◽  
Tarlopov ◽  
V Belozertsev
Keyword(s):  
Statistical Data ◽  
Raw Materials ◽  
Mining Industry ◽  
State Regulation ◽  
Economic Activities ◽  
Extractive Industry ◽  
Accounts Receivable ◽  
Goods And Services ◽  
Accounts Payable ◽  
Intermediate Consumption

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.

scholarly journals ANALISIS TERHADAP IMPLEMENTASI KEBIJAKAN PENGELOLAAN JALAN DI KABUPATEN BANYUMAS

2012 ◽  
Vol 12 (2) ◽  
Author(s):  
Sri Hartini ◽  
Setiajeng Kadarsih
Keyword(s):  
Road Construction ◽  
Management Policy ◽  
Road Maintenance ◽  
The Road ◽  
Goods And Services ◽  
Maintenance Factors ◽  
Road Management ◽  
Maintenance Program ◽  
Periodic Maintenance ◽  
The Government

Basically, the management of roads expected to be able to meet the needs of safe, convenient, and efficient for transportation of goods and services. But in reality, the road management policy in the regional autonomy were still did not meet expectations. Based on the research, the policy of road management in Banyumas are roads construction and road maintenance program. Road construction are conducted to increasing and widening of roads and paving, while road maintenance are done through regular maintenance and periodic maintenance. Factors that influence the policy are legal substance that have not been set as a whole regarding the management of roads, law enforcement which still have its main office in the policyled, facility factor that were not optimal, the society that tend to release responsibility to the government, and permissive factors. Key words: policy, road management and legal factors

scholarly journals ACTIONS TO OPTIMIZE RECEIVABLES OF THE ENERGY COMPANY

2021 ◽  
Vol 10 (34) ◽  
Author(s):  
E.G SMYSHLYAEVA ◽  
Keyword(s):  
Current System ◽  
Time Lag ◽  
Economic Security ◽  
Accounts Receivable ◽  
Economic Relations ◽  
Cash Flow Management ◽  
Energy Company ◽  
Accounts Payable ◽  
The Moment ◽  
Energy Companies

Today, as well as several years ago, there are still significant problems associated with the optimization of receivables and payables in the power industry. This situation is important for all participants in the competitive domestic energy markets. Indeed, the presence of overdue accounts receivable leads to an unstable working situation in the operating activities of energy companies. The management of accounts receivable and payable as a whole in order to increase its efficiency has been little researched to date. Optimization of accounts receivable and payable can be described as the basis of the organization's cash flow management. Accounts receivable and payable is the main indicator characterizing the economic security of an enterprise. Currently, there is a "time lag" between various energy companies from the moment of receipt of payment documents and the date of their actual payment. Therefore, we can say that accounts payable and receivable reflect all the features of the current system of settlements between companies. The presence of receivables and payables has become characteristic of economic relations in modern economic conditions. This can be taken for granted if the debt obligations are balanced and managed effectively. The financial activity of energy companies is based on a constant circulation of advanced capital, which is used to purchase means of production, organize production and sell products. It is expected that in each cycle of a business transaction, these sums of money in the future should provide profit to the enterprise, and therefore be renewed.

On Improvement of Information Technologies for Optimization of Activity of the Road Patrol Service Divisions of Law-Enforcement Agencies in Russia

2018 ◽  
pp. 25-30
Keyword(s):  
Law Enforcement ◽  
Information Technologies ◽  
The State ◽  
Information Support ◽  
Law Enforcement Agencies ◽  
The Road ◽  
The Law ◽  
Information Circulation ◽  
Automated Registration

The article discusses the problems of improving the information support of the units of the road patrol service of the state traffi c Inspectorate of the law enforcement agencies. It is noted that the strategy of reforming the road patrol service is aimed at reducing the number of staff, so the level of workload will increase. Due to this immediate measures are required to improve the activities of the mentioned units. The level of intensity of the employees of road patrol service’s work in the course of registration of materials connected with transport incidents is analyzed. It is proved that information is a key element of the complex of actions of police offi cers during the registration of materials on road traffi c incident. Improvement of the information circulation activities, including its transmission, processing and using, will signifi cantly reduce the time taken to register the materials connected with transport incidents. The necessity to introduce the hardware and software complexes of automated registration of road traffi c incidents is proved. The authors conclude that there is a need for MIA of Russia to issue a legal regulatory act on application of such hardware and software complexes by divisions of road patrol service of Inspectorate of the law enforcement.

scholarly journals Choice of road building technology - statistic analyses with the use of the Hellwig method

2018 ◽  
Vol 45 ◽  
pp. 00081 ◽  
Author(s):  
Izabela Skrzypczak ◽  
Wojciech Radwański ◽  
Tomasz Pytlowany
Keyword(s):  
Building Materials ◽  
Asphalt Pavement ◽  
Road Construction ◽  
Concrete Pavements ◽  
Pavement Maintenance ◽  
Road Building ◽  
The Road ◽  
Building Technology ◽  
Advantages And Disadvantages ◽  
The Moment

There are two technologies for road construction, e.g. an asphalt one and a concrete one, that exist in the market of road infrastructure at the moment and they both have their advantages and disadvantages [prof Jan Deja of Krakow Mining Academy, Cathedral of Building Materials Technology].The advantage of concrete pavement consists of the fact that it doesn’t require bigger financial expenditures within 10 – 20 years of exploitation (provided that necessary pavement maintenance treatments are carried out). In the case of asphalt pavement it is necessary to mill the wear off layer of the road already after 6-7 years. It leads to the question: which of these technologies should be chosen, which is better? The work hereby carries on analyses concerning a comparison of the technologies for road constructions; the asphalt one and the concrete one. Based on the analyses carried out with the use of the Hellwig method it was found that the achieved values of synthetic meters for asphalt and concrete pavements are close to each other, which may indicate that both technologies are comparable within the sectors taken for analyses in relation to accepted technological-technical and usability features.

scholarly journals Flexible accounting methods as a tool for mobilizing the enterprise’s under-utilized potential

2019 ◽  
pp. 145-154
Author(s):  
Anatolii Herasymovych ◽  
Inna Herasymovych
Keyword(s):  
Financial Performance ◽  
Business Processes ◽  
Balance Sheet ◽  
Information Support ◽  
Optimal Method ◽  
Historical Method ◽  
Accounts Payable ◽  
Rapid Pace ◽  
The Moment ◽  
Potential Methods

Introduction. Since traditional accounting is based on the facts of financial and economic performance of enterprises, it does not always and fully display their real capacity, which is crucial to meet the challenge of the dynamic market environment. Methods used in flexible accounting are recognized throughout the world, as they provide a better picture of the internal capacity of the enterprise, and it is displayed in totally new balance sheet accounts and financial records. The study addresses the issue of applying flexible accounting methods and approaches for keeping records of assets (means) and liabilities (resources) in Ukrainian enterprises’ activities. Purpose. The purpose of the article is to highlight the methodological framework of using flexible accounting methods as a tool for mobilizing the enterprise’s under-utilized potential. Methods. The research methods used in the article include: the historical method (for describing the evolution of accounting studies); the method of abstraction (for harmonizing the terminology of accounting engineering); synthesis, induction and deduction (for providing rationale for applying flexible accounting methods); generalization (for making conclusions). Results. The study shows that flexible accounting methods can be used as a tool for mobilizing the enterprise’s under-utilized potential in the following segments: fixed assets – based on the optimal method of inventory accounting; inventory items – through the best values at the moment of goods release; bad debtors – through diversification when receivables are paid; creditors – through diversification when accounts payable are settled; of cash – a real prediction of their revenues in order to calculate the financial results of the enterprise; cash assets – through prediction of cash inflows and calculation of financial performance of the enterprise. Discussion. The rapid pace of the current scientific and technological breakthrough, the further globalization of the economy, and increased competition have led to the need for more effective management of business processes and financial performance, and to the search for material, human and financial resources. That has promoted accounting engineering viewed as one of the tools of flexible accounting. Further research efforts should be directed at approaches and techniques of information support for enterprise resource management.

scholarly journals Geospatial analysis of census data for targeting new businesses using geoeconomics

2016 ◽  
Vol 6 (3) ◽  
Author(s):  
Singha Sushant K.
Keyword(s):  
New York ◽  
Standard Deviation ◽  
Census Data ◽  
Methodological Approach ◽  
Vital Role ◽  
The State ◽  
Hotspot Analysis ◽  
Asian Community ◽  
The Road ◽  
Goods And Services

Geoeconomics plays a vital role in encouraging goods and services on newmarketplaces. Selecting a “sweet-spot” for new businesses is one of the biggest challenges fornew entrepreneurs, enterprises, and investors, especially in the restaurant industry. This paperaims to present a novel geospatial methodological approach for new businesses using censusdata to answer an important business question: Where I should start my new Asian cuisinerestaurant? State and zip code tabulation area (ZCTA) level data on race and income,downloaded from the US census website, were applied for the analysis. ArcGIS software wasused as a geospatial analytics tool for hotspot analysis and for producing maps. Based on thestate level standard deviation map, California was found to have the second-highest relativeAsian population as gauged by the standard deviation (Std. Dev.) from the mean (1.5-2.5 Std.Dev.), after Hawaii (>2.5 Std. Dev.), and followed by New Jersey, New York, Nevada, andWashington. The state of California was selected for further investigation. Seventeen of 58counties were found to be Asian community hotspots in California. A majority (48%, 854 of 1763)of the ZCTA were found to be Asian community hotspots in these zip codes in this state, andthis was statistically significant. Only 9% (163 of 1763) of the ZCTA were not statisticallysignificant Asian community hotspots, while 43% of the ZCTA were found to be statisticallysignificant coldspots of Asian communities in California. Among the 17 hotspot counties of Asiancommunities, 14 were also derived as hotspots of mean income. The road layer map revealedthat these ZCTAs are well connected to major roads in the state. New entrepreneurs,enterprises, and investors, those who are willing to open and or invest in new restaurants, butare not sure about the location, could target hotspot ZCTAs in these counties for Asian cuisine.Integrating ArcGIS with census data for producing maps of statistically significant potentialbusiness locations could be used as an important decision-making tool for opening newbusinesses.

scholarly journals The main activities of the State Automobile Inspectorate of the Vologda region in 1937–1991

2019 ◽  
Vol 13 (1) ◽  
pp. 35-43
Author(s):  
A. L. Kuzminуkh ◽  
◽  
S. I. Starostin ◽  
Keyword(s):  
The State ◽  
Motor Vehicles ◽  
Law Enforcement Agencies ◽  
Technical Standards ◽  
The Road ◽  
Vologda Region ◽  
Archival Documents ◽  
Accounting Control ◽  
The Moment

At the moment in a society of great concern is the state of accidents on the roads. In this regard a significant scientific and public interest is the study of the historical experience of law enforcement agencies to ensure road safety. Within the framework of this article the authors on the basis of new archival documents reviewed the activities of the State Traffic Patrol Department of the Vologda Region in the years 1937–1991. The authors conclude that the role of State Traffic Patrol Department of the Vologda Region increased with the increase in the number of motor vehicles and the growth of the road network. Due to the specifics of the tasks performed, the State Traffic Patrol Department occupied a special place in the structure of the territorial bodies of internal affairs being the most mobile and technically equipped departmental unit. Its main functions were the fight against accidents, the development of technical standards for the operation of vehicles and its accounting, control over the preparation of the driver’s staff. Despite the growing complexity and intensity of work the staff of the State Traffic Patrol Department performed their professional tasks with honor and dignity, ensuring order on the roads.

scholarly journals Improving the financing method of road construction on the basis of the life cycle contract

2020 ◽  
Vol 17 (1) ◽  
pp. 241-246
Author(s):  
V. I. Frolov ◽  
◽  
S. V. Balzanay ◽  
Keyword(s):  
Life Cycle ◽  
Construction Projects ◽  
Road Construction ◽  
The State ◽  
The Road ◽  
Road Project ◽  
Level Of Risk

The article considers the procedure for financing of the construction of regional roads on the basis of the life cycle contract. Under the existing procedure for financing road construction projects, the main burden at the stage of the implementation is experienced by the private partner, which can lead to the risk of non-fulfillment of obligations under the contract of the road project. To reduce the level of risk, it is proposed to use phased financing of the project by the state partner, especially before the commissioning of the facility.

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