Popova L.V., Tatarkina G.A., Zabaznova D.O., Popov D.N. Organization of cash flow management in an agro holding company (RETRACTED 10.09.2019)
Popova Larisa Vitalуevna
Doctor of Economic Sciences, Professor, Head of the Chair of Insurance, Financial and Economic Analysis, Volgograd State Agricultural University
lvpopova@bk.ru
Prosp. Universitetsky, 26, 400002 Volgograd, Russian Federation
Tatarkina Galina Anatolyevna
Candidate of Economic Sciences, Associate Professor, Chair of Insurance, Financial and Economic Analysis, Volgograd State Agricultural University
gtatarkina@geliopax.ru
Prosp. Universitetsky, 26, 400002 Volgograd, Russian Federation
Zabaznova Darya Olegovna
Candidate of Economic Sciences, Associate Professor, Chair of Accounting and Auditing, Volgograd State Agricultural University
d.zabaznova@mail.ru
Prosp. Universitetsky, 26, 400002 Volgograd, Russian Federation
Popov Dmitry Nikolaevich
Candidate of Economic Sciences, Associate Professor, Chair of Insurance, Financial and Economic Analysis, Volgograd State Agricultural University
kss-ltd@mail.ru
Prosp. Universitetsky, 26, 400002 Volgograd, Russian Federation
Abstract.
The article reveals the system of relationships within an integrated formation of a holding type in the management of the flow of financial resources. The functions of a single structural unit – the financial and economic department, which provides flexibility of financial resources of agricultural holdings, their concentration on the most important areas and a balanced development of the entire association are analyzed. Principles of price formation and financial policy of an integrated structure of holding type are defined. The algorithm of optimization and normalization of financial flows in the holding company is formed, is based on the consolidation of normative needs in the resources by means of their elimination. The mechanism of concentration and optimization of own and borrowed funds providing the process of financing of all holding companies on the basis on their needs is presented. An important role in the effective management of the movement of financial resources the authors assign to operational and routine control of their intended use in the financial and economic center as well as in the areas of the costs creation. The article substantiates that the variance analysis should be carried out by financial and economic services of the business together with the staff of the financial settlement center, during which they discussed the causes of the deviation that resulted in an over-expenditures of resources. The paper generalizes the positive experience, defines the responsible persons connected with the mitigation of negative trends.
Key words: agricultural holding, mechanism of intra-financial relations, financial infrastructure of an agro holding, cash flows, financial control, optimization and minimization of expenses of the holding, consolidation of the statement of cash flows, financial policy of the integrated formation of a holding type.
Attachments: /Popova_i_dr.(РЭ 2015 №3).pdf