Application of fundamental concepts of financial management in a modern commercial organization
https://doi.org/10.34020/1993-4386-2024-4-61-66
Abstract
The article is devoted to the study of the relevance of the basic concepts of financial management in the work of a modern commercial organization and the identification of problems associated with their insufficient practical application. It emphasizes the importance of addressing the theoretical component of the financial management system, in particular, the fundamental concepts of financial management; examines the role and features of the application of financial management concepts in the activities of a commercial organization; substantiates the need to use digital technologies based on artificial intelligence in the processes associated with the introduction of scientific concepts in the implementation of financial management tasks of a commercial organization. The article is written using the following research methods: analysis, synthesis, modeling and comparison, as well as data processing and interpretation. The relevance of the research lies in the growing demand for scientific and theoretical aspects of the functioning of the financial management system of commercial organizations in order to implement its development strategy. The scientific novelty of the study is to identify the degree of interrelation of the theoretical foundations of financial management with the practical activities of a modern commercial organization.
About the Authors
T. S. Gasparyan
Yuri Gagarin State Technical University of Saratov
Russian Federation
Russian Federation
Tigran S. Gasparyan – Postgraduate Student, Department of Finance and Banking
Saratov
E. A. Ermakova
Yuri Gagarin State Technical University of Saratov
Russian Federation
Russian Federation
Elena A. Ermakova – Doctor of Economics, Professor, Professor of the Department of Finance and Banking
Saratov
References
1. Kovalev V. V. Osnovy teorii finansovogo menedzhmenta: ucheb. - prakt. рosobie [Fundamentals of the Theory of Financial Management: a teaching and practical manual], Moscow: OOO «Prospekt», 2014, 544 p. (In Russ.).
2. Kovalev V. V. Finansovyi menedzhment: teoriya i praktika [Financial management: theory and practice], Moscow: TK Velbi, OOO «Prospekt», 2007, 1024 р. (In Russ.).
3. Gasparyan, T. S., Ermakova E. A. The Role of Digitalization of the Financial Management System in Commercial Organizations, Nauchnoe obozrenie: teorija i praktika, 2024, Vol. 14, No. 7(107), pp. 1269- 1275. (In Russ.). DOI 10.35679/2226-0226-2024-14-7-1269-1275.
4. Slobodnyak, I. A. Use of Some Concepts of Financial Management in Evaluation of Financial Accounting Objects, Izvestija Bajkal'skogo gosudarstvennogo universiteta, 2023, Vol. 33, No. 3, pp. 459-465. (In Russ.). DOI 10.17150/2500-2759.2023.33(3).459-465.
5. Kruglov, A. Yu. Actual models of optimization of the enterprise capital structure, Russian Economic Bulletin, 2024, Vol. 7, No. 4, pp. 245-250. (In Russ.). DOI 10.58224/2658-5286-2024-7-4-245-250.
6. Borisyuk, D. A., Astafieva O. E. The indicator of net cash flow of the order portfolio as an indicator of the economic reliability of a contracting organization, Vestnik universiteta, 2021, No. 6, pp. 147-152. - DOI 10.26425/1816-4277-2021-6-147-152. (In Russ.).
7. Makarova, V. A. Optimization of investments in corporate risk management, Strategicheskie reshenija i risk-menedzhment, 2019, Vol. 10, No. 3, pp. 220-227. (In Russ.). DOI 10.17747/2618-947X-2019-3-220-227.
8. Borisova O. V. Transformation of financial manager competencies in the context of digitalization, RISK: Resursy, Informacija, Snabzhenie, Konkurencija, 2019, No. 4, pp. 186–189. (In Russ.).
Review
For citations:
Gasparyan T.S., Ermakova E.A. Application of fundamental concepts of financial management in a modern commercial organization. Siberian Financial School. 2024;(4):61-66. (In Russ.) https://doi.org/10.34020/1993-4386-2024-4-61-66
Views:
69
Email this article 