FINANCIAL MANAGEMENT OF MONETARY FLOWS IN UKRAINE

Abstract

The essence and specific features of cash flows of the Consolidated Budget of Ukraine, income and spending, the banking sector are studied. Theoretical trends explaining the origin and formation of the cash flows are analyzed. The classification of cash flows according to six basic features type, direction, nature of the impact, hierarchical levels, levels of control, elements of the financial system has been developed. The comparison of some countries of the world with Ukraine on the indicators of territory, population, unemployment, the average monthly wage, GDP and exchange rates is presented. The structure of GDP by income in 2012 was analyzed. Therefore in the result of the stated analysis it has been discovered that the wages (51%), gross profit and mixed income (34.8%) constitute the greater proportion. The reasons hindering the effective administration of the tax to the state budget are studied. To ensure effective tax administration and the formation of optimal flows of the Consolidated budget of Ukraine relevant principles are offered. The financial flows of the population, in particular the income and expenditure structure in 2012, are analyzed in details. The analysis revealed that the greater part of the income structure belongs to wages (42.2%), and the cost structure includes the purchase of goods and services (83.8%). 2009-2012 The available supply of money in circulation and deposits of households for the period of 2009-2012 was analyzed. The appropriateness of management of these funds for advanced manufacturing and innovation has been studied. The appropriate methods of forecasting of cash flows of mathematics are offered. Reasonable suggestions for effective management of financial flows in Ukraine in the fields of corruption reducing, tax legislation improving, and the formation of effective control mechanisms are grounded.