{"id":19420,"date":"2024-10-03T15:29:01","date_gmt":"2024-10-03T12:29:01","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=19420"},"modified":"2024-10-03T15:29:01","modified_gmt":"2024-10-03T12:29:01","slug":"analysis-cash-flows-companys-financial-management-system","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/analysis-cash-flows-companys-financial-management-system\/","title":{"rendered":"Pokynchereda V., Timchenko O. Analysis of Cash Flows in the Company’s Financial Management System"},"content":{"rendered":"

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JEL Classification: <\/strong>G30; G32.<\/em><\/span><\/td>\nDOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V46(2024)-15<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Vitalii Pokynchereda,<\/strong> PhD (Economics), Associate Professor, Associate Professor of the Department of Accounting and Taxation, Vinnytsia Institute of Trade and Economics of State University of Trade and Economics, Vinnytsia, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0003-2734-8667<\/a>
\ne-mail: <\/strong>v.pokynchereda@vtei.edu.ua<\/a><\/p>\n

Olga Timchenko,<\/strong> PhD (Economics), Associate Professor, Associate Professor of the Department of Management named after Professor J. S. Zavadskyi, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine<\/p>\n

ORCID ID:<\/strong> 0009-0004-3582-4349<\/a>
\ne-mail: <\/strong>s.sarkova.sar@gmail.com<\/a><\/p>\n

 <\/p>\n

Analysis of cash flows in the company’s financial management system<\/strong><\/h2>\n

Abstract.<\/em><\/strong> Introduction.<\/strong> The functioning of a company is impossible without the rational management of its finances. One of the components of effective financial management is cash flow analysis, which allows to obtain de-tailed information about the company’s cash flows, which is then used to develop a balanced financial policy, optimize the company’s capital structure, and balance the receipt and expenditure of money over time.<\/em><\/p>\n

Purpose.<\/em><\/strong> The purpose of the study is to substantiate the theoretical aspects and to generalize the organizational and methodological provisions of cash flow analysis in the system of financial resources management of an enterprise.<\/em><\/p>\n

Results.<\/em><\/strong> The role and importance of cash flow analysis in the system of financial management of the enter-prise are considered, the purpose and tasks are highlighted, the information base and methods of cash flow analysis are presented. The procedure of horizontal, vertical, trend, coefficient and factor analysis of cash flows is presented. The system of coefficients and the method of their calculation are presented for studying the efficiency and profitability, quality and sufficiency, solvency and liquidity of the cash flow of the enterprise. It is shown that the proper analysis of cash flows requires the defini-tion of the stages of analytical work from the collection and processing of data for analysis to the in-terpretation of the results of the study and the formulation of recommendations aimed at improving the financial policy of the enterprise.<\/em><\/p>\n

Conclusions.<\/em><\/strong> Effective cash flow management, synchronization of cash inflows and outflows, and optimal structure of financing sources affect the financial stability, liquidity and solvency of a company. The use of var-ious methods, techniques and analytical tools allows to comprehensively assess the state, dynamics and structure of cash flows, identify the main trends and factors affecting the financial performance of the company. Comprehensive analysis of cash flows allows the company to assess its current finan-cial position and develop strategic plans aimed at ensuring long-term financial stability and economic growth.<\/em><\/p>\n

Keywords:<\/em> cash flow; cash; financial management; methodological techniques; financial analysis; ratio analysis.<\/em>References:<\/strong><\/p>\n

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  1. Kotseruba, N. (2016). Features of the financial analysis tools application in audit of business entities\u2019 capital use efficiency. Actual problems of economics, <\/em>5, 351-359.<\/li>\n
  2. Koshelok, \u041d. & Hrinchenko, R. (2020). Analysis of cash flows in the enterprise management system. Galician economik journal, <\/em>2(63), 231-242.<\/li>\n
  3. Lymeshko, O. (2019). Analysis of cash flows of the enterprise. http:\/\/surl.li\/gatpvy.<\/li>\n
  4. Mulyk, T. (2022). Methodical approaches to the analysis of cash flows of the enterprise. Economy and Society<\/em>, 39. https:\/\/doi.org\/10.32782\/2524-0072\/2022-39-47.<\/li>\n
  5. Mulyk, T. (2022). Organization of the analysis of cash flows at the enterprise. Economy and Society<\/em>, 40. https:\/\/doi.org\/10.32782\/2524-0072\/2022-40-3.<\/li>\n
  6. Ministry of Finance of Ukraine. (2024). On the approval of the National regulation (standard) of accounting 1 “General requirements for financial reporting”<\/em>. \u2116 73. https:\/\/zakon.rada.gov.ua\/laws\/show\/z0336-13#Text.<\/li>\n
  7. Piskunova, N. (2016). Improvement of scientific and methodological grounding of cash flow analysis of enterprises. Economic analysis<\/em>, 25(2), 122-131.<\/li>\n
  8. Rohanova, H. (2021). Coefficient analysis of cash flows of the enterprise. The Economic Discourse<\/em>, 3-4, 128-138. https:\/\/doi.org\/10.36742\/2410-0919-2021-2-13.<\/li>\n
  9. Tarasova, V. & Kovalevska, I. (2019). Economic analysis of travel companies cash flow. Economy and Society, <\/em>20, 745-752.<\/li>\n
  10. Fedyshyn, M. (2016). Methodical approach to enterprises cash flows analysis for planning goals. Economic analysis, <\/em>25(2), 132-138.<\/li>\n
  11. Boex, A. (2015). Why cash flow is more important than profit. https:\/\/www.unomaha.edu\/nebraska-business-development-center\/_files\/publications\/cash-flow.pdf.<\/li>\n
  12. Carbonneau, P. (2024). Companies Need to Focus More on Cash Flow and Return on Capital. https:\/\/hbr.org\/sponsored\/2024\/02\/companies-need-to-focus-more-on-cash-flow-and-return-on-capital\/<\/li>\n
  13. Righetto, G., Morabito, R., & Alem, D. (2016). A robust optimization approach for cash flow management in stationery companies. Computers & Industrial Engineering<\/em>, Vol. 99, 137-152. https:\/\/doi.org\/10.1016\/j.cie.2016.07.010.<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 12 July 2024<\/p>\n

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    Pokynchereda V., Timchenko O. Analysis of Cash Flows in the Company’s Financial Management System. Modern Economics. 2024, \u2116 46(2024),112-119. DOI: https:\/\/doi.org\/10.31521\/modecon.V46(2024)-15.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification: G30; G32. DOI: https:\/\/doi.org\/10.31521\/modecon.V46(2024)-15 [\/vc_column_text][vc_column_text]Vitalii Pokynchereda, PhD (Economics), Associate Professor, Associate Professor of the Department of Accounting and Taxation, Vinnytsia Institute of Trade and Economics of State University of Trade and Economics, Vinnytsia, Ukraine ORCID ID: 0000-0003-2734-8667 e-mail: v.pokynchereda@vtei.edu.ua Olga Timchenko, PhD (Economics), Associate Professor, Associate Professor of the Department of Management
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