Directions of monitoring the financial activity of agricultural enterprises
The relevance of this study is conditioned upon the special importance of accounting reports in financial performance assessment of organisations that form the basis of the agricultural sector of the state and the need to find effective ways to improve the procedure for conducting such reporting act...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Zhytomyr National Agroecological University
2022-10-01
|
| Series: | Наукові горизонти |
| Subjects: | |
| Online Access: | https://sciencehorizon.com.ua/en/journals/tom-25-7-2022/napryami-monitoringu-finansovoyi-diyalnosti-silskogospodarskikh-pidpriyemstv |
| _version_ | 1797785364728905728 |
|---|---|
| author | Nataliia Krasnostanova Inna Yatskevych Olena Zhuravel Lyudmyla Vasyutynska Natalia Akymenko |
| author_facet | Nataliia Krasnostanova Inna Yatskevych Olena Zhuravel Lyudmyla Vasyutynska Natalia Akymenko |
| author_sort | Nataliia Krasnostanova |
| collection | DOAJ |
| description | The relevance of this study is conditioned upon the special importance of accounting reports in financial performance assessment of organisations that form the basis of the agricultural sector of the state and the need to find effective ways to improve the procedure for conducting such reporting activities and improve its quality. The purpose of this study is to analyse the principal areas of accounting for the financial aspects of the activities of modern agricultural enterprises. The leading research methods are systematic analysis, analytical comparison, and synthesis. The theoretical framework of this study included the papers on the pressing issues of accounting and analysis of financial results of agricultural enterprises, in the context of assessing profits and losses of these structures. The grouping of financial results by the composition of the elements that form them were considered. The main indicators used to assess the financial stability of an agricultural enterprise are availability of net working capital, coefficient of autonomy, manoeuvrability coefficient, ratio of borrowed and own funds, coefficient of provision of net working capital, financing ratio, financial stability coefficient. The types of current financial stability are absolute, normal, unstable financial condition, budgetary crisis. The real opportunities to improve the procedure for keeping financial statements at enterprises of the agricultural sector of the economy were found, especially in the field of assessing the profits received by these organisations during their activities. The results and conclusions of the article are important for representatives of accounting departments of agro-industrial enterprises, and for representatives of government agencies controlling their activities. It was concluded that there is no single method for assessing the financial condition |
| first_indexed | 2024-03-13T00:53:03Z |
| format | Article |
| id | doaj.art-4989927355324ec4a743ee7e838bf300 |
| institution | Directory Open Access Journal |
| issn | 2663-2144 |
| language | English |
| last_indexed | 2024-03-13T00:53:03Z |
| publishDate | 2022-10-01 |
| publisher | Zhytomyr National Agroecological University |
| record_format | Article |
| series | Наукові горизонти |
| spelling | doaj.art-4989927355324ec4a743ee7e838bf3002023-07-07T08:13:35ZengZhytomyr National Agroecological UniversityНаукові горизонти2663-21442022-10-01257828910.48077/scihor.25(7).2022.82-89Directions of monitoring the financial activity of agricultural enterprisesNataliia Krasnostanova0Inna Yatskevych1Olena Zhuravel2Lyudmyla Vasyutynska3Natalia Akymenko4Odesа Polytechnic National University 65044, 1 Taras Shevchenko Str., Odesa, UkraineOdesа Polytechnic National University 65044, 1 Taras Shevchenko Str., Odesa, UkraineOdesа Polytechnic National University 65044, 1 Taras Shevchenko Str., Odesa, UkraineOdesа Polytechnic National University 65044, 1 Taras Shevchenko Str., Odesa, UkraineOdesа Polytechnic National University 65044, 1 Taras Shevchenko Str., Odesa, UkraineThe relevance of this study is conditioned upon the special importance of accounting reports in financial performance assessment of organisations that form the basis of the agricultural sector of the state and the need to find effective ways to improve the procedure for conducting such reporting activities and improve its quality. The purpose of this study is to analyse the principal areas of accounting for the financial aspects of the activities of modern agricultural enterprises. The leading research methods are systematic analysis, analytical comparison, and synthesis. The theoretical framework of this study included the papers on the pressing issues of accounting and analysis of financial results of agricultural enterprises, in the context of assessing profits and losses of these structures. The grouping of financial results by the composition of the elements that form them were considered. The main indicators used to assess the financial stability of an agricultural enterprise are availability of net working capital, coefficient of autonomy, manoeuvrability coefficient, ratio of borrowed and own funds, coefficient of provision of net working capital, financing ratio, financial stability coefficient. The types of current financial stability are absolute, normal, unstable financial condition, budgetary crisis. The real opportunities to improve the procedure for keeping financial statements at enterprises of the agricultural sector of the economy were found, especially in the field of assessing the profits received by these organisations during their activities. The results and conclusions of the article are important for representatives of accounting departments of agro-industrial enterprises, and for representatives of government agencies controlling their activities. It was concluded that there is no single method for assessing the financial conditionhttps://sciencehorizon.com.ua/en/journals/tom-25-7-2022/napryami-monitoringu-finansovoyi-diyalnosti-silskogospodarskikh-pidpriyemstvagriculturefinancial conditionaccounting (financial) reportsmethods of financial analysisagricultural sector |
| spellingShingle | Nataliia Krasnostanova Inna Yatskevych Olena Zhuravel Lyudmyla Vasyutynska Natalia Akymenko Directions of monitoring the financial activity of agricultural enterprises Наукові горизонти agriculture financial condition accounting (financial) reports methods of financial analysis agricultural sector |
| title | Directions of monitoring the financial activity of agricultural enterprises |
| title_full | Directions of monitoring the financial activity of agricultural enterprises |
| title_fullStr | Directions of monitoring the financial activity of agricultural enterprises |
| title_full_unstemmed | Directions of monitoring the financial activity of agricultural enterprises |
| title_short | Directions of monitoring the financial activity of agricultural enterprises |
| title_sort | directions of monitoring the financial activity of agricultural enterprises |
| topic | agriculture financial condition accounting (financial) reports methods of financial analysis agricultural sector |
| url | https://sciencehorizon.com.ua/en/journals/tom-25-7-2022/napryami-monitoringu-finansovoyi-diyalnosti-silskogospodarskikh-pidpriyemstv |
| work_keys_str_mv | AT nataliiakrasnostanova directionsofmonitoringthefinancialactivityofagriculturalenterprises AT innayatskevych directionsofmonitoringthefinancialactivityofagriculturalenterprises AT olenazhuravel directionsofmonitoringthefinancialactivityofagriculturalenterprises AT lyudmylavasyutynska directionsofmonitoringthefinancialactivityofagriculturalenterprises AT nataliaakymenko directionsofmonitoringthefinancialactivityofagriculturalenterprises |