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Fundamentals of financial management

While developing the financial policy of the enterprise,it is necessary to coordinate the work of all departments of the enterprise. The set of tools and methods used by companies to increase profitability and reduce the risk of insolvency, is the definition of financial management. Getting the desired benefits from the work of the enterprise in the interests of owners is the main task of financial management. The main functions of financial management in the enterprise management system are: internal financial planning, assessment and accounting of the financial position of the enterprise, management of the monetary structure, management of liquidity and working capital, risk management of financial management, conclusion of contracts with exchanges and financial funds. In turn, the financial part of the organization is a system of economic processes that arise as a result of the formation and use of its revenues.

Concepts of financial management

The concept is a specific method of interpreting andunderstanding of the phenomenon. The most important concepts of financial management express the point of view of certain financial activities. Thus, the essence and direction of development of these phenomena is becoming established. The concept of cash flow is applicable in the process of developing investment projects, which are based on a quantitative assessment of cash flow. This concept provides for the identification and duration of the flow of money, the choice of the discount factor, and also provides risks associated with this flow. In business with income generation, there is a risk of risk. The concept of a compromise between profitability and risk involves achieving a real balance between them. The higher the desired yield - the higher the risk level, which gives a certain percentage of the impossibility of obtaining this profit. The concept of an effective securities market provides for the level of availability of all participants in this market to obtain information. The concept of agency relations is aimed at equalizing the group interests of managing employees and the interests of business owners. The concept of valuation of cash is a key element in the study of investment projects. This concept involves calculating the minimum level of income, covering the costs of maintaining the source of financing and allowing you not to suffer losses. The essence of the concept, their relationship leads to making the right decisions in the financial management of the subject.

Instructions

1

Accounting Registration in general form is an orderly system for collecting and processing information on property and sources of its formation, as well as their movement through continuous and documentary Registrationand all business transactions in monetary terms. Accounting data Registrationbut are accurate and justified. Only in this case it is possible to give an objective assessment of the organization's activity and use the information as an evidence base when resolving disputes with employees of the enterprise and other organizations.

2

Do not confuse accounting Registration with operational, which is amonitoring and control of certain types of transactions. It is usually used in cases where it is necessary to quickly obtain data on business transactions. It covers only part of those transactions that are reflected in the accounting Registratione. That is, accounting Registration It is wider than operational, but it covers morea narrow circle of objects than the statistical one. The latter studies the interconnections of mass phenomena and processes. He explores not only economic phenomena, but also other aspects of social life.

3

In its composition, the accounting Registration has managerial, financial and tax Registration. Managerial Registration Is a kind of accounting Registrationa, in which the collection and processing of information for management needs in the organization. Its purpose is to create an information system in the enterprise. Data obtained as a result of management Registrationa, are used to make managerial decisions in the process of planning and forecasting in the company.

4

Financial Registration - this is the part of the accounting Registrationa, by which the processing is collected,storage and presentation of financial information. This information includes data on the company's income and expenses, on the formation of property, on arrears, funds, etc. With the help of tax Registrationbut there is a collection and compilation of information in order to determine the tax base. Its purpose is to ensure the correctness of settlements between the enterprise and state bodies.

Money, family budget and lack of money

Whoever advises solutions for resolutionfinancial problems, young couples still always try to do their own way, because you can not order your soul. So it turns out that, against this background of independence, the wallet and the family budget suffer most. It is clear that every single family has to solve this money problem on its own, but there are methods that will always help. This is planning for the budget and spending, agreeing on purchases and putting off an extra penny for a rainy day.

Household sources of problems

There is nothing surprising in the fact that it is householdthe reasons make up the lion's part of the quarrels, today there is no more. All people, all potential partners lived in certain conditions and were brought up in their own way. It is clear that as a result, both husband and wife are accustomed to a completely different order. In order to solve this problem and settle quarrels on domestic grounds, you can try to divide the domestic tasks or just sort them and show your second half.

Partner Roles

Almost every family that startsindependent life, begins to quarrel because no one in her knows exactly his role and in every way tries to either give, or pull everything on himself. It must be remembered that only a full and fair division of responsibilities can ensure order and coziness in the family.