BUDGETING AS PART OF THE ACCOUNTING AND CONTROL SYSTEM FOR ENSURING THE ECONOMIC SECURITY OF A BUSINESS ENTITY

2021 ◽  
Vol 3 (11) ◽  
pp. 147-154
Author(s):  
Victoria B. Malitskaya ◽  
◽  
Irina E. Konovalenko ◽  
Artur M. Mustafin ◽  
Evgeny S. Nikiforenko ◽  
...  
Keyword(s):  
Control System ◽  
Business Processes ◽  
Industrial Revolution ◽  
Economic Security ◽  
Budget Planning ◽  
Planning And Control ◽  
Individual Enterprise ◽  
Fixed Assets ◽  
And Control ◽  
Taxation System

During the 4th industrial revolution, the transformation of economic mechanisms, digitalization in business, the importance of ensuring the economic security of an enterprise is gaining more and more importance for economic entities. The economic security of an individual enterprise depends on internal fac-tors: the quality and efficiency of the built business processes, the efficiency and level of obsolescence of fixed assets, the qualifications of specialists and top management of the enterprise; and the external environ-ment: transparency of laws, including the taxation system, the country's attractiveness for domestic and for-eign investors, the level of corruption and education. It has been proven that the more flexible a business is, the higher its adaptability to the influence of various factors, as a result of which the higher-quality accounting and control system for ensuring the security of the enterprise. This article discusses the meaning, functions and tasks, the process of building a system of budget planning and control as an integral part of the accounting and control system for ensuring the economic security of an enterprise. This article was written with the finan-cial support of the Plekhanov Russian University of Economics

A flexible and adaptable planning and control system for an MTO supply chain system

2006 ◽  
Vol 22 (5-6) ◽  
pp. 557-565 ◽  
Author(s):  
Mustafa Özbayrak ◽  
Theopisti C. Papadopoulou ◽  
Efstratios Samaras
Keyword(s):  
Supply Chain ◽  
Control System ◽  
Supply Chain System ◽  
Chain System ◽  
Planning And Control ◽  
And Control

PPS als Integrationsplattform*/PPS as integration platform. Efficient networking of production supporting IT systems

2019 ◽  
Vol 109 (05) ◽  
pp. 377-381
Author(s):  
C. Brecher ◽  
C. Fimmers ◽  
P. Blanke ◽  
S Storms ◽  
W. Herfs
Keyword(s):  
Control System ◽  
Production Planning ◽  
Production Planning And Control ◽  
Integration Platform ◽  
Planning And Control ◽  
Delivery Times ◽  
Kleine Und Mittlere Unternehmen ◽  
It Systems ◽  
And Control

In der heutigen Zeit sind durch steigende Variantenvielfalt und Individualfertigung sowie enge Lieferzeiten unterstützende IT-Systeme in der Fertigung unerlässlich. Gerade für kleine und mittlere Unternehmen (KMU) stellt dies eine Herausforderung dar, weil individuelle Schnittstellenentwicklungen und maschinenspezifische Anbindungen zeit- und kostenintensiv sind. Mit einer Produktionsplanungs- und Steuerungssystem als Integrationsplattform sowie einer allgemeingültige Schnittstelle zur Maschinenanbindung kann dem bestehenden Handlungsbedarf entsprochen werden.   Nowadays, due to the increasing variety of variants and individual production as well as tight delivery times, supporting IT systems are indispensable in production. This poses a particular challenge for SMEs, since individual interface developments and machine-specific connections are time-consuming and costly. These challenges can be met by using a Production Planning and Control system as an integration platform and a generally valid interface to the machine connection.

Applying the process approach in setting up the system of internal control in economic entities

2021 ◽  
Vol 20 (12) ◽  
pp. 2313-2323
Author(s):  
Zhanna A. KEVORKOVA ◽  
Natal'ya G. SAPOZHNIKOVA
Keyword(s):  
Control System ◽  
Internal Control ◽  
Business Processes ◽  
Risk Identification ◽  
Process Approach ◽  
Control Practice ◽  
Economic Entity ◽  
Internal Control System ◽  
Theoretical Generalization ◽  
And Control

Subject. The article addresses the organization and implementation of process approach when setting up a system of internal control of an economic entity, which ensures the management of effectiveness of divisions’ activities. Objectives. We aim at investigating the organization of the internal control system of an economic entity, based on its activities, accounting policies, classification of business processes, and risk identification. Methods. The study rests on methods of theoretical generalization, structural grouping, logical analysis, as well as the analysis of scientific and practical literature and accounting and control practice. Results. The analysis of practices revealed a number of problems in the implementation of the process approach in the accounting and control activities of economic entities, in particular, insufficient understanding and unpreparedness of management to implement the process approach, the lack of a system for regulating business processes, the lack of interconnection between the system of control indicators and the created business processes. It is advisable to divide the process of organizing the internal control system into a number of stages, i.e. the definition of activities, typology of business processes, risk identification, testing the internal control system’s quality. Conclusions. The introduction of the process approach in organizing an internal control system involves the systematization of information, depending on the nature of the business process, requiring permanent updating. The emergence of non-standard situations makes it necessary to adjust the boundaries of business processes. The resources of accounting business processes are personnel, software, equipment, and other infrastructure elements.

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