The Theoretical and Methodological Principles of the Formation of a Mechanism of Financial Monitoring of Housing and Communal Enterprises

Andrenko, O. A.; Gavrylychenko, I. V.

doi:10.32983/2222-4459-2021-5-266-272

Cited by 2 publications

(1 citation statement)

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“…Scientists paid attention to the financial relations optimization between socially significant MOEs and local authorities. These questions have been studied by such scientists as V. Lukianov, O. Petruk, O. Kotsiurba, E. Balatskyi, V. Lavryk, D. Zahirniak, O. Zhulina, O. Andrenko [4][5][6][7][8][9][10][11] and others. However, the analytical and applied aspects of capital formation of the municipal-owned enterprises and performers of social functions are not properly described in the professional literature.…”

Section: результати дослідження досліджено роль кп у системі надання ...mentioning

confidence: 99%

Criteria for the expediency of municipal-owned enterprises budget support

Bagatska¹

2023

Herald of KNUTE

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Introduction. Municipal-owned enterprises are important providers of vital services to the population, companies and institutions, including those that ensure the implementation of key social functions of the state inside communities. Problem. There is a contradiction in the theoretical and the practical terms regarding the justification of the municipal-owned enterprises feasibility of financial support with budget funds. The aim of the article is the budget financing process of municipal-owned enterprises that provide socially significant services, and justification of the effective forms of financing for socially significant municipal-owned enterprises. Methods. Systematic approach (with the calculation and analytical method with tabular and graphical presentation of data), methods of comparative analysis and synthesis and generalization were applied in the paper. Results. The role of municipal-owned enterprises in the system of providing services of a social direction was studied. The dynamics of budgetary financing of social expenditures in Ukraine as a whole and the dynamics of budgetary financing of Kyiv municipal-owned enterprises that provide social services were analyzed. Disproportions in the distribution of budget funding of municipal-owned enterprises performing a social function were established. Conclusions. The author demonstrated the uneven distribution of financing forms on the example of the analysis of various forms of budget financing of Kyiv municipal-owned enterprises that provide socially significant services. She also found out that the financing of socially significant municipal-owned enterprises was not a priority in the capital compared to the sphere of construction, repair and maintenance of roads. Optimizing the number of municipal companies can be one of the ways to solve the problem. Another way to solve the problem is to develop scientifically based financial and non-financial criteria for decision-making on financing and means of control over the funds distribution.

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Section: результати дослідження досліджено роль кп у системі надання ...mentioning

confidence: 99%

Criteria for the expediency of municipal-owned enterprises budget support

Bagatska¹

2023

Herald of KNUTE

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Assessment of financial and economic security in the system of financial monitoring of enterprise activities

Yurii¹

2023

Galic'kij ekon. visn.

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The article examines the theoretical and applied foundations of the assessment of financial and economic security in the system of financial monitoring of the enterprise's activity. It is emphasized that the financial monitoring of the enterprise's activity characterizes the functional mechanism of constant monitoring of the enterprise's financial indicators, which includes obtaining, systematization, and analysis of financial information in order to establish cause-and-effect relationships, based on the comparison of analytical data of the enterprise's functioning with normative ones. Monitoring of the financial activity of the enterprise must be carried out at various stages of financial management in order to make key managerial financial decisions. It is noted that in the economic literature there are various methods of assessing the level of financial and economic security of economic entities, which are based mainly on the ratio analysis of financial statements. Analyzing these methods, it is advisable not to allow an excessive number of coefficients, since, duplicating each other, they do not bring much benefit to the formation of a holistic picture of the level of financial and economic security. Monitoring of the effectiveness of the financial and economic security of the enterprise is based on methods of assessing the probability of bankruptcy. Based on the obtained results of the use of models for assessing the probability of bankruptcy, it was established that the investigated enterprise is not in danger of bankruptcy. However, there is a gradual decrease in estimated indicators, and if the company does not take measures to maintain financial and economic security in proper condition, it may enter the risk zone. Attention is focused on the fact that in order to diagnose crisis situations, the enterprise needs constant monitoring of factors that cause internal and external threats to financial and economic security. Measures that can be aimed at neutralizing the threat of a financial crisis are proposed. In general, the assessment of financial and economic security as a component of the system of financial monitoring of the enterprise's activity must be considered as an important tool for its sustainable development and successful functioning.

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The Theoretical and Methodological Principles of the Formation of a Mechanism of Financial Monitoring of Housing and Communal Enterprises

Cited by 2 publications

References 1 publication

Criteria for the expediency of municipal-owned enterprises budget support

Criteria for the expediency of municipal-owned enterprises budget support

Assessment of financial and economic security in the system of financial monitoring of enterprise activities

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