Short-term financial control in the management of exchange transactions
https://doi.org/10.34020/1993-4386-2023-3-29-34
Abstract
Short-term financial control is a rather laborious process for a financier and takes up to 60 percent of the time of financial management. Its main content is the formation of information about the cash flows expected in the near future when concluding and executing exchange transactions. At the same time, it is necessary to accurately determine the objects of short-term financial control and clearly link them with the objects of financial accounting. In the article, exchange transactions carried out by organizations both on the exchange and over-the-counter financial market are selected as the object of research. More precisely, the main attention in the article is focused on the system of financial control and financial accounting of contractual obligations arising from the conclusion of contracts between the subjects of an exchange transaction in the financial market. According to the results of the study, the authors of the article came to the conclusion that the procedures of short-term financial control in the management of exchange transactions assume the continuity of the information contained in the financial management system and in financial accounting and ensuring the effectiveness of the management of market trade in economic resources.
About the Authors
V. S. Plotnikov
Novosibirsk State University of Economics and Management
Russian Federation
Russian Federation
Novosibirsk
O. V. Plotnikova
Novosibirsk State University of Economics and Management
Russian Federation
Russian Federation
Novosibirsk
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Review
For citations:
Plotnikov V.S., Plotnikova O.V. Short-term financial control in the management of exchange transactions. Siberian Financial School. 2023;(3):29-34. (In Russ.) https://doi.org/10.34020/1993-4386-2023-3-29-34
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