Factors of Improving the Accounting and Analytical Support System of the Enterprise Cash Flows Management: The Macroeconomic Aspect

Rayisa Tsyhan ()
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Rayisa Tsyhan: Kremenchuk Mykhailo Ostohradskyi National University, Kremenchuk, Ukraine

Oblik i finansi, 2018, issue 3, 83-97

Abstract: An important role in improving the efficiency of the use of cash flows is played by improving the accounting and analytical support of these processes. The purpose of the article is to systematize the existing factors of improving the system of accounting and analytical support of the enterprise cash management and to examine them from the positions of the macroeconomic environment. The factors of improving the system of accounting and analytical support of cash flow management were systematized, it allows to monitor cause-effect relationships and determine the most important areas of analysis. Considerable attention is paid to the study of indicators that comprehensively characterize the macroeconomic situation in Ukraine, as well as the state of the world and regional stock markets makes. It was established that in Ukraine the formation of market conditions is not yet completed. Therefore market mechanisms operate improperly. In particular, the stock market of Ukraine and the banking system formally exist, but do not perform the functions that contribute to the activation of the processes of increasing cash flows. The conjuncture of the commodity market was analyzed, which affects the magnitude and dynamics of enterprises' cash flows. The importance of analysis for the tax burden on the enterprise was substantiated. It was determined, that at present, the state, using the tools of the tax system, tries to solve the opposite tasks - to stimulate business development and to fill the budget. The development of the legal framework for accounting in separate basic provisions remains fragmentary, which leads to the persistence of controversial issues in the practical sphere. It was proved that the increase in the cash flows of economic entities is largely determined by the macroeconomic, tax, financial, budgetary policies of the state and taking into account of the different factors in process of making managerial decisions.

Keywords: macroeconomic policy of the state; accounting and analytical support; stock market; tax burden; cash flows (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2018
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