Financial relations are economic relations between the subjects that arise as a result of realization of target programs provided in cash.The subjects of financial relations are the enterprises themselves, their owners, shareholders, and suppliers, investors, buyers of products, individuals, financial institutions and other counterparties.
Financial relations companies economic content are grouped in several areas and include several related groups.
These relationships arise at the stage of the enterprise to its founders.Then, in the normal course of business and are developing between the partner companies over the production and sales of products produced.
It is a relationship with other business entities different forms of ownership of the economy, which appear to produce and further distribution of revenue and non-operating.
These include financial relationship business with contractors, customers, suppliers, clients, which are connected with the payment of works, products or services.Also belong to these relations and any financial decisions in order to eliminate the consequences of violations in the form of fines.
Financial relations include relations companies under lease agreements for payment and taking rents, relations between economic entities with a view to extending the boundaries of the invested funds, the relationship of the issuance of additional shares and other securities, etc.
Besides financial relationships with companies and individuals on the treatment of securities.A special group of financial relations is the interaction between enterprises and workers.Such relationships exist on the distribution of income and use of dividends or interest on bonds, etc.
Inside the enterprise regularly held financial processes to ensure its operation and maintenance business.
Hierarchical financial relations companies are observed in their interaction with subsidiaries, affiliates and other structural units.
Financial relations with the state enterprises is most clearly traced in their relations with the budget and off-budget funds in different governmental levels, as well as tax authorities control the payment of fees, taxes and mandatory payments.
special link finotnosheny enterprises are their relationships with financial institutions (factoring companies, commercial banks and others.).The relationship with the banking system are formed during storage of money, obtain bank loans, interest payments on loans, currency purchases or sales, the settlement on the basis of non-cash, etc.
subjects of financial relations in the form of insurance companies appear when needed property insurance, business risks, certain categories of workers, and others. Situations.
Each group has a financial relationship features and is different from other field applications.However, they are bilateral in nature and are carried out with the mandatory condition of the movement of money.
effective management of financial flows is characterized by such indicators as the period of turnover of money (ie, the length of time the capital in the form of money), the liquidity ratio of cash flow (the ratio of the flow of money for the period of their outflow in the same period), the coefficient of efficiency of cash flow (rationet cash flow derived as the difference between the amount of inflow and outflow of money in a negative cash flow).
