financial management in enterprises typically engaged managers and financial directors.Their duties include the creation of financial relations of the enterprise as a separate entity.To create such a system and its operation, use any information of a financial nature.This accounting data in the enterprise, banks and a variety of information exchanges (stock, currency, commodity),
methods of financial management are extensive.These include concepts such as forecasting, planning, insurance, financing and lending.
financing activities of the enterprise at the expense of self-financing and bank lending.Self-financing is usually carried out using
capitalization of any share of the profits of the bank loan amount depends on the results of the analysis bank business enterprise and forecasting capabilities of its return.The costs of the enterprise include the interest on the loan.To raise capital can be another way - the issue of bonds and placement of the investors or the public.This type of lending, as opposed to a bank, is the long-term.Part of the capital can be attracted share issue, in this case, their owner will have the right to participate in the financial process and the right to receive dividends.
Methods of Financial Management include financial analysis and planning.Planning allows us to estimate financial needs and distribute the cash flow for the desired direction.At this stage, prepare financial statements, allowing learn some objective data on the financial flows necessary borrowing and comparing planned and actual performance.Planning for further defines the economic strategy of the enterprise, based on the analyzed data.
The methods of financial management can be enabled and the system of financial penalties, a system of incentives, rental, leasing, and the principles of pricing.
Any financial system can not exist independently.It is guided by the applicable laws, decrees, decisions and orders of the President, the Government and the Cabinet.
What are the principles of financial management?This definition of strategies and policies, as well as the planned and systematic.
planning for the whole company and its business units aimed at
organization of production, distribution of money and human resources in
economic unit.Knowing the principles of operation, it is easy to identify the tactical goals of financial management.Of course, the primary goal of any business is profit, productivity, implementation of innovative projects, known in the market.Using the principle of versatility allows to increase the stability of the enterprise in the competitive battle, and investing in securities gives its guarantee savings.
principles of strategic orientation to determine the metes and bounds of the company, the search for new options for capital allocation, the introduction of innovations.
search for new ways of development requires new capital investment, which is not always justified in unstable financial activities or in crisis as the demands rapid distribution of capital in this direction.Making a profit in this period is not always guaranteed.
financial management methods designed to ensure the stability of the company in all circumstances and guaranteed availability and increasing profitability.
