Corporate finance in the system of economic analysis management and intensification

Abstract

The study of the issues of assessing the indicators of efficiency and intensification of finance in the activities of corporations operating in modern economic conditions is necessary and relevant. The research was conducted in order to identify a group of financial and economic indicators for assessing the financial efficiency of the corporation. In the course of the research a toolkit was developed, which is a group of indicators that allow corporations to analyze financial and economic activity in generalized and detailed forms. When selecting the resulting and factor indicators of efficiency and intensification, the author's position was based on taking into account the current economic situation, namely, the multiprofile activities of corporations (within and outside the state borders) and the high proportion of borrowed capital for business processes in the core and non-core types of entrepreneurship. The objects of the study in generalized and detailed forms were direct and indirect profitability. They refer to the resulting indicators of efficiency, calculated by comparing the profit and consumed capital. The formed indicators fully correspond to the modern economic situation and the economic nature of the categories of «efficiency» and «intensification». With their use it is possible to calculate the dependence not only between the resultant and factor indicators, but also to analyze the interaction of the factor indicators themselves. These factor indicators meet all the economic postulates and are fully adapted to the generally recognized economic requirements, in particular, financial and economic and financial management. The proposed approach will help to maximize the financial benefits through an objective analysis of the effectiveness and intensification of economic operations.

Improving the methodology of internal control of financial statements as a tool for managing the activities of the organization

“…During the internal control of financial statements, auditors actively apply analytical procedures, which allow: compare the reported data with the data for previous periods and standards [20], evaluate the factors influencing changes in the indicators contained in the reporting forms [21], establish the nature of changes in various items of the reporting forms,to analyze the dynamics of the ratios that characterize assets and liabilities, revenues and expenses, comparing them with the indicators of advanced enterprises, average regional data [22,23], compare non-financial indicators for the reporting period [24], forecast current account balances on the basis of a statistical model formed on the basis of financial and non-financial indicators of previous reporting periods [25].…”

Management and Assessment of the Sustainability of Corporate Finance Functioning

“…Например, пандемия COVID-19 затронула как малые предприятия, так и крупные промышленные холдинги и корпорации во многих отраслях экономики [3]. Изменение структуры спроса, покупательной способности, новые санитарные нормы, а также возникающие дополнительные проблемы в производственных и логистических процессах накладывают отпечаток на рынок и доходность компаний [4].…”

The Role of Authorized Agency in Detecting and Preventing the Consequences of Disfuge Actions of the Subjects of Insolvency Relations

“…Немаловажную роль для развития теории и практики антикризисного управления имеют современные научные труды, где описан инструментарий, который позволяет делать окончательные выводы об успешности (эффективности) предпринимательских идей, отражающих рыночные позиции экономических субъектов, по сравнению с конкурентами, и принимать соответствующие корректирующих меры для недопущения банкротства компаний [11,12,13].…”