Controlling in the management of financial and economic security of enterprises


  • Nadiia Shmyhol Zaporizhzhia National University, Ukraine
  • Vіacheslav Durnin Zaporizhzhia National University, Ukraine
  • Yevhen Oleksenko Zaporizhzhia National University, Ukraine
Keywords: controlling, financial and economic security, complex index of financial firmness, controlling system of an enterprise

Abstract

The relevance of the research topic is due to the need to justify the advantages of using controlling in the management of financial and economic security of enterprises in Ukraine.

The purpose of the article is to develop theoretical positions and methodological recommendations for improving the controlling system in the management of financial and economic security of enterprises.

The methodological basis of the research is comprehension of the totality of theories and scientific approaches to controlling, grounded in the works of national and foreign scientists. During the study, the following methods and approaches were used: methods of analysis and synthesis, abstract and concrete, historical method, factor analysis, structural and functional analysis, system approach.

Findings. It is proved that the complex structure of the enterprise controlling system must meet all needs, correspond to the goals and objectives of a particular enterprise and be adapted to its internal and external environment. At the same time, it should be unique and flexible, allowing for any changes that depend on the needs and capabilities of the organization.

It is also proved that in the complex index of financial firmness the following indicators were removed: coefficient of maneuverability of current assets, coefficient of assets mobility, index of fixed assets. In our opinion, these indicators are not so important to reflect the financial sustainability of the enterprise, since coefficient of maneuverability of current assets is directly related to the cash turnover ratio, and the coefficient of asset mobility is related to the current asset turnover.

DOI 10.26661/2522-1566/2018-4/06-08

Author Biographies

Nadiia Shmyhol, Zaporizhzhia National University, Ukraine

Doctor of Economics, Professor, Head of the Department of Accounting and Taxation, Zaporizhzhia National University, Zaporizhzhia

Vіacheslav Durnin, Zaporizhzhia National University, Ukraine

Master of Accounting and Taxation Department, Zaporizhzhia National University, Zaporizhzhia

Yevhen Oleksenko, Zaporizhzhia National University, Ukraine

Master of Accounting and Taxation Department, Zaporizhzhia National University, Zaporizhzhia

References

Mann R., Mayer E. Controlling for beginners / Ed. by V.B. Ivashkevich; transl. from German by Yu.G. Zhukova. Moscow: Finance and Statistics, 1995. p. 304.

Mayer E. Controlling as a system of thinking and management: transl. from German by /ed. by S.A. Nykolaeva. Moscow: Finance and Statistics, 1993. p. 92.

Gladkih, N.I. (2000), "Controlling mechanism in the enterprise management system", Abstract of the Doctor thesis, Economics, organization and management of enterprises, Institute of Economics and Industry of NAS of Ukraine, Donetsk, Ukraine

Lagutin, V.D. Market, competition and value in the conditions of modern economic development / V.D. Lagutin // Formation of market economy [Electronic resource]: collection of sciences works. - Special edition. Methodological Problems of Modern Political Economy / Ministry of Education and Science, Youth and Sport of Ukraine, Kyiv National Economic University named after V. Hetman; O.O. Belyaev - K .: KNEU, 2011. - pp. 114 - 121.

Kozub O.V. Formation of a management system of industrial enterprises based on controlling [Text]: thesis ... Candidate of economic sciences: 08.00.04: defended 18.09.2009 / Kozub Olena Viktorivna; Classical private university. Zaporizhzhie, 2009. p. 202.

Blank, I.O. Financial strategy of the enterprise: monograph / under general scientific editorship by I.O. Blank, G.V. Sitnik, O.V. Korolova-Kazanskaya, I.G. Hanechko K. Kyiv national university of trade and economics, 2009. p.147.

Horvath & Partners Controlling in trading companies, insurance companies, banks. URL: https://gaap.ru/articles/kontrolling_v_torgovykh_kompaniyakh_v_strakhovykh_kompaniyakh_v_bankakh/

Losbichler H. Anforderungen a moderne Managementsystem // Controller Magazin 2012 Nr. 2. S.123-127. 40 Horvath P. Controlling. Muenchen: Vahlen Verlag, 2012.
Published
2018-12-16
How to Cite
Shmyhol, N., Durnin, V., & Oleksenko, Y. (2018). Controlling in the management of financial and economic security of enterprises. Management And Entrepreneurship: Trends Of Development, (4(06), 69-75. Retrieved from https://management-journal.org.ua/index.php/journal/article/view/79