BUDGETING AS AN ELEMENT OF STRATEGIC ACCOUNTS OF THE CASH FLOWS OF THE ENTERPRISE
Journal Title: Сталий розвиток економіки - Year 2017, Vol 36, Issue 3
Abstract
Purpose is to the expansion of tools for strategic accounting of cash flows of the enterprise, which will allow obtaining information on the effect of the hypothetical implementation of the chosen strategy on cash flows within business processes and will enable management to make informed decisions about strategic management of the company’s cash in a changing business environment. Methodology of research. In the process of research, general and special methods of research were used, in particular: theoretical generalization, which became the basis for the development of measures to improve the organization of cash flows; logical and graphical methods that served as the basis for developing the form of internal reporting – Cash Flow Statement and Report on net cash flow by type of activity; monographic, which is used in the presentation of research results. Findings. The necessity for introduction of budgeting in the enterprise as a kind of tools of strategic accounting of cash flows of the enterprise was substantiated. It was substantiated the expediency of maintaining new forms of internal reporting at the enterprise – Cash Flow Statement and Report on net cash flow by type of activity. Originality consists in the development of practical recommendations for the introduction of a cash budget at the enterprise, which is based on the compilation of estimates of cash receipts and payments, which can conveniently be grouped according to different types of activities, which will improve the accounting of cash flow and improve control over cash flows of the enterprise. Practical value. The submitted proposals for improving the organization of strategic accounting of cash flows may be used by economic entities to improve cash flow accounting, ensure proper control of cash flows and make informed managerial decisions. cash funds, budgeting of cash funds, planning, analysis, organization of cash flows, control of cash flows
Authors and Affiliations
Larysa Ocheretko, Zinaida Kravchenko
Keywords
Related Articles
- EP ID EP328140
- DOI -
- Views 93
- Downloads 0
USING OF MULTILEVEL APPROACH IS FOR RESEARCH OF TRANSNATIONAL REGIONALISM
Purpose. To investigate spheres, levels and forms of foreign economic activity and external economic connections of home regions, that simultaneously are the forms of development of transnational regionalism as a reflect...
STATE SUPPORT OF PIG BREEDING IN UKRAINE: CURRENT STATE AND DEVELOPMENT PROSPECTS
Purpose. The aim of the article is the development of theoretical principles and practical recommendations for the formation of an effective system of state support for pig producers. Methodology of research. The followi...
INFORMAL RELATIONS AS THE BASIS OF THE STABILITY OF THE RURAL COMMUNITY
Purpose. The aim of the article is the development of theoretical, methodological provisions of the functioning of informal ties in the rural community as the basis for its functioning. Research methodology. Common metho...
MARKET OF EQUITIES AS MEAN OF ACTIVATION OF INVESTMENT PROCESS
Purpose is a ground of influence of market of equities on activation of investment process. Methodology of research. In basis of researches works are fixed both scientific (analysis, supervision) and special, methods of...
STRATEGIES FOR MANAGEMENT OF ENVIRONMENTAL SECURITY OF THE ENTERPRISE
Purpose. The purpose of the article is to develop a strategy for managing the enterprise environmental security of the enterprise. Methodology of research. The article uses methods of analysis and synthesis, grapho-analy...