Financial Management Methods Research Articles

ESTRATÉGIAS FINANCEIRAS INTEGRADAS: MÉTODOS DE GESTÃO, ANÁLISE DE INVESTIMENTOS, AVALIAÇÃO DE RISCOS E TOMADA DE DECISÃO PARA A OTIMIZAÇÃO DE RECURSOS E MAXIMIZAÇÃO DE VALOR

This study explores integrated financial strategies as an essential approach to optimizing resources and maximizing value in organizations. The research analyzes financial management methods, investment analysis techniques and risk assessment approaches, highlighting the importance of strategic decision-making in complex environments. Integrated financial management allows for a more efficient allocation of resources, risk reduction and more informed decisions, providing a significant competitive advantage in the market. In addition, the integration of different functional areas improves organizational agility and the ability to adapt to constant market changes. The results suggest that companies that adopt these strategies achieve significant improvements in resource allocation, risk management and strategic decision-making. They are thus better placed to face contemporary challenges and guarantee long-term sustainability, ensuring their growth and success in a dynamic economic scenario.

Essential Steps and Strategic Considerations for Successfully Launching a Small-Scale Business

To achieve a successful launch of a small-scale firm, one must carefully navigate through many crucial procedures and strategic considerations. This review essay thoroughly analysed the fundamental activities and techniques required for a successful company’s commencement. Essential elements include completing comprehensive market research to find possibilities and comprehend competition, formulating a comprehensive business plan that delineates objectives, strategies, financial forecasts, and operational plans, and obtaining sufficient finance. The research highlighted the significance of robust financial management methods, including budgeting, cash flow management, and financial forecasting, to guarantee stability and facilitate development. Efficient allocation of resources, adaptation to market changes, and harnessing technology were important strategic considerations for overcoming common difficulties and attaining lasting success. The essay consolidated the latest research and optimal methodologies, offering practical insights for entrepreneurs to improve their company performance and overcome frequent challenges. Suggestions included consulting with specialists, being attentive to market fluctuations, and enhancing the availability of financial resources and support networks. This exhaustive analysis provided a beneficial structure for small-scale enterprises seeking to develop a robust basis for expansion and long-term sustainability. Keywords: Small-scale business, Business launch, Market research, Business plan, Financial management.

Housebuilding Finance in the United States: From Budgeting to Funding

This article precisely identifies housebuilding finance in the United States as a complex procedure of primary concern to those who wish to become homeowners or builders, susceptible to the state of the economy and shifts in policies. Therefore, the purpose of this research will be to provide extensive coverage of the processes involved in budgeting right through to obtaining and directing funds. This study adopts a qualitative research method to ascertain budgeting techniques, sources of finance, means of obtaining loans, financial controls during construction through literature, industry, and documents. Discussions also focus on the governmental initiatives and economic environment stressing the need for money comprehension. Issues such as budgeting down to the last detail, variety of financial sources and methods of financial management are highlighted as important aspects. Some recommendation areas are improvement of budgeting, increasing the financing options’ awareness, and the optimization of the existing times of lending to boost housebuilding finance in the USA.

Analyzing the Impact of Economic Performance on the Interplay between Financial Management Strategies and Profitability in the Iraqi Context

Purpose - This study examines how economic performance affects financial management approaches and profitability in Iraq's construction business. This research examines how financial management strategies affect profitability and economic success. Design/Methodology/Approach—Construction project and site managers in Iraq were surveyed online for the study. Given the scope and magnitude of the research, this study's 85.3% response rate is impressive. In-depth statistical analysis was performed using Partial Least Squares Structural Equation Modelling (PLS-SEM), which examined economic performance, financial management, and profitability. Findings - The instance indicates that the lack of organization-wide integrated systems, common across enterprises, contributes to this problem. The major issue is that the organization's information systems strategy never expressly prioritizes KM-enabling schemes. Practical Implications—The study's conclusions have major practical ramifications. Iraqi enterprises should prioritize resource optimization, cost control, and strategic financial planning to improve economic performance. In addition, governments should promote building projects through incentives, subsidies, and tax policies that boost economic productivity and profitability. These policies are available here. Originality/Value—This study adds to the literature by stressing economic performance as a mediator between financial management methods and profitability in Iraq's construction sector. It examines the dynamics of this link in Iraq's building sector. With the new data, firms may improve financial performance by making informed judgments and using efficient financial management procedures.

Research on the Application and Optimization of B University Financial Integrated Information Portal System

The rapid development of information technology has brought favorable opportunities for colleges and universities to continuously innovate financial management methods and improve the quality and level of financial services, and has promoted the wide application of a comprehensive financial information portal system in colleges and universities, which integrates online reimbursement, inquiry, authorization and other functions. Therefore, taking B university as an example, this paper analyzes and discusses the functions, operation processes and advantages of the financial integrated information portal system based on the problems of its traditional manual reimbursement methods, summarizes the bottlenecks that need to be further solved in the actual operation process of the system, and puts forward targeted optimization strategies. The financial comprehensive information portal is an important part of the financial informatization of B university, which is a powerful starting point to improve the financial management, education, service and education of B university, and contributes to the financial strength for the university to truly realize the concept of "three-all education" of all-staff education, whole-process education and all-round education, with a view to providing the basis for relevant policies to optimize the financial work.

The Financial Performance of Commercial Banks and Their Financial Management Practices: A Case Study

The research used IDBI Bank's Hazratganj Branch in Lucknow as a case study to look at how financial management methods affect the bottom line of commercial banks in the city. Its direction came from three main points: i) to investigate the impact of risk management on IDBI Bank, Riyadh's financial performance ii) research the effects of working capital management on the financial performance of IDBI Bank's Hazratganj Branch; and iii) evaluate the effects of assets management on the same branch's financial performance. Integrating qualitative and quantitative methods, the study followed a phenomenological trend. So far, sixty-two people have participated in the research. Analysis of the data showed that the following management functions had the highest Adjusted R Square values: risk (66.4%), working capital (51.9%), and assets (82.5%). Finally, the financial performance was much improved because to the crucial role that risk management played. Evidence from this study supports the idea that risk management is an essential management function for sound financial results. Furthermore, it was shown that the commercial bank's financial performance was significantly improved by better asset management. Management should handle creditors and cash inventories well, according to the report, so that institutions may fund their activities without financial constraints. They also said that as commercial banks deal with liquid currency, it makes sense for them to improve their liquidity by maintaining good relationships with their shareholder

Integrated and systematic Best Practices of "Financial Management in Education" in Southeast Asia

Effective financial management is critical to school success. Financial management and finance in education are crucial. Since educational institutions are not profit-driven, the community and parents must ensure that each is used to improve the quality and quantity of instruction. Numerous researchers have explored the best financial management practices in education, but more research is needed. Comprehensive research is required to determine the best educational financial management approaches. Financial management practices like budgeting, resource allocation, cost control, and financial responsibility must be studied in educational settings. According to this study, different approaches in different educational environments affect student progress, school effectiveness, and economic viability. Further comparative research on financial management methods in educational institutions or across nations is needed. This study reviews the literature on efficient financial management practices in education. The systematic literature review (SLR) method and 7P flow diagram are used for analytical systematic reviews. This study addresses demographic questions in current scholarly works on optimal financial management approaches in education, including nation, research methodology, and participant count. Examining the latest academic works on education's strategic trajectory and financial management components will help determine the best financial management methods for education and future study. The systematic research shows excellent financial management strategies in education. Western and Southeast Asian demographic literature shows little research on the best financial management strategies for schooling. This comprehensive and systematic review of educational literature on optimal tactics and fiscal administration seeks to identify education's best practices. This research's structure and review of difficulties will improve school leaders' strategic financial management. It will underpin future research and policymaking. By filling this research gap, education policymakers, school administrators, and financial managers can get evidence-based advice on the best financial management strategies to improve resource allocation, educational quality, and long-term financial viability.

The use of methods and tools of financial management in the organisation management system

Relevance. The relevance of the subject is conditioned upon the fact that while doing business, a financial manager faces many problems related to the financial management system, as a result of which there is a need for rational use of financial resources. Purpose. This study is aimed at identifying methods and tools of financial management in the organisation management system. Methodology. The leading approach to the study of this problem is a combination of synthesis and analysis methods, which, complement each other and allow comprehensively considering the process of optimising the company's activities through the use of basic methods, concepts, and tools of financial management. Results. The main results obtained within the framework of this study are the consideration of the essence of financial management, the identification of its role in the financial management system at the enterprise, the identification of the main methods of financial management in the management system, the substantiation of the tools through which these methods are implemented, and the formulation of the main difficulties of the organisation of the financial management system, which an enterprise may face. Conclusions. The study's conclusions significantly influence the rational and effective use of capital, financial resource enhancement, and investment volume increase, enabling enterprises to improve their competitive advantages in the market and generate profits, which is the ultimate goal of any business management. Keywords: management; financial management; business optimization; financial management methods; financial management tools

Implementasi Sistem Informasi Akuntansi Dan Administrasi Berbasis Digital

Villages have the opportunity to develop the potential they have had since the birth of the Law on Villages. Optimizing the potential of the village is used for the benefit of the village community. The aim of optimizing village potential is to improve the life of the village community. The aim of establishing Village-Owned Enterprises (BUMDes) is one of the government's efforts to stimulate the village economy. BUMDes is expected to become a locomotive for village economic movements that can improve the welfare and reduce poverty of village communities. In order for this goal to be achieved, BUMDes need to be managed professionally so that they can compete and develop well. BUMDes in Gandasari Village, Bekasi Regency. BUMDes receives full support from the local village government. BUMDesa Gandasari Village has limited human resource capabilities. The limitations of existing human resources are the ability to report financial results from operational activities carried out. The Community Partnership Program (PKM) aims to provide financial management methods that were previously manual to become systematic and digitalized. The output of the activities carried out is that BUMDes administrators understand the Bumdes administration system and accounting/bookkeeping and have the ability to create BUMDes Financial Reports in the form of simple accounting, namely creating daily cash books, balance sheets, profit and loss reports and systematic, digital-based capital change reports.

Research on the Path of Financial Management of State-owned Enterprises in the Perspective of Meta-universe

With the rise of the meta-universe concept, state-owned enterprises are facing new digital transformation opportunities. Meta-universe is a virtual world constructed by using digital technology, which has a high degree of immersion and interactivity, and can provide state-owned enterprises with new business models and competitive advantages. This preliminary discussion of the impact of the meta-universe on state-owned enterprises and the financial meta-universe management dilemma, puts forward the research on the path of meta-universe of financial management of state-owned enterprises, both from the financial management methods, objects and risks as an entry point, transforming the traditional financial management mode, constructing a meta-universe of financial system, and assisting state-owned enterprises in the development of value innovation and digital transformation.

Task-Based Budgeting in Environmental Projects Planning: A Case Study of a Manufacturing Company in Poland

In this paper most important differences between performance budgeting and traditional budgeting were presented. The aim of this paper is to focus only on selected differences. The conducted case-study in Poland reveals that activity-based budgeting is an effective method of financial management. Traditional budgeting is implemented according to older concepts. These rules are not compatible with the demands of modern budgeting. Unfortunately, the traditional budgeting method is widely used in public sector in Poland. It is also quite often used in commercial enterprises. The traditional method of budgeting is easier and quicker to implement. Thus, it is popular. On the other hand, it does not allow to achieve positive effects of activity-based budgeting.

The Impact of RMB Exchange Rate Fluctuation on China's Air Conditioning Industry

Based on the background of China's current trade with other countries is becoming increasingly close, the study of exchange rate stability on the impact of China's trade with other countries to promote China's economic stability has a certain theoretical significance. In the study of air conditioning industry import and export trade factors affecting the attention of the national exchange rate is very important, in the two countries trade relations, the exchange rate is a measure of the two countries to buy, sell the price of the product of the vital factors, exchange rate changes for the enterprise will bring a certain degree of impact, stabilization of the exchange rate for the promotion of our country and the trade of other countries in the long term and good cooperation has important practical significance. The air-conditioning manufacturing industry is a very representative research object. The cost-sensitive home appliance industry is a labor-intensive industry, which provides a huge number of jobs for China and creates a huge amount of foreign exchange income. At the same time, the home appliance industry, as a representative of China's manufacturing industry, faces industrial upgrading pressure and is in the maturity of a fully competitive industry, which has been severely impacted by exchange rate changes. It is of great significance to correctly measure and analyze the foreign exchange risk exposure of the import and export of the air-conditioning industry and its influencing factors. From a micro point of view, enterprises can be based on foreign exchange risk exposure situation targeted adjustment of financial strategies, strategies and management methods. From a macro point of view, the country can be based on the overall foreign exchange risk exposure characteristics of home appliances to formulate the correct macroeconomic policy.

A STUDY ON THE ROLE OF FINANCIAL MANAGEMENT IN PREVENTING BUSINESS RISKS (THE CASE OF CENTURY TIANHONG EDUCATION TECHNOLOGY CO., LTD.)

Financial management, being an important part of modern enterprise management, is a key force that affects the sustainable development of enterprises. With such significantchanges in the market, enterprises need to constantly improve their core competitiveness, establish and improve a scientific and effective enterprise financial management system and risk mechanism, and strengthen the management and control of enterprise production and operation risks. Therefore, this study collates and calculates the annual report of Century Tianhong Education Technology Co., Ltd. for the three years from 2019 to 2022, outlines the current situation of financial risk management of Century Tianhong Education Technology Co., Ltd. in terms of solvency, profitability and development ability, and uses the financial risk management method to identify and evaluate the financial risk of Century Tianhong Education Technology Co., Ltd. Through the quantitative research on the hypothesis, the research results are as follows: Century Tianhong Education Technology Co., Ltd. has management problems in terms of solvency, profitability and development ability, and the improvement of these three aspects has a significant impact on the role of financial management to prevent business risks. This studyputs forward the following suggestions: 1) strengthen the concept of capital flow management and risk prevention; 2) accelerate the modernization of the accounts receivable system; 3) clarify the cost components of different products; 4) establish the prevention of harmonious financial management level of enterprises. It is expected to scientifically evaluate and predict the future earnings of Century Tianhong Education Technology Co., Ltd., and effectively improve the overall financial management level of the company.

Establishing accounting efficiency mechanism in SMEs on workplace anxiety disorders analysis

BackgroundWorkplace anxiety disorder has a negative impact on the mental health and work performance of employees in small and medium-sized enterprises. The research aims to explore the impact of establishing financial accounting management efficiency mechanisms on workplace anxiety disorder in small and medium-sized enterprises.Subjects and MethodsThe study focused on small and medium-sized enterprise employees and divided them into an experimental group and a control group. The employees in the experimental group have established a financial accounting management efficiency mechanism, including standardized financial systems, clear accounting processes, and effective internal controls. The control group maintained traditional financial accounting management methods. The study used a questionnaire survey method to obtain data on employees’ workplace anxiety disorder scores, and used software Statistical Analysis Systems (SAS) for data processing and analysis.ResultsThe study found that the workplace anxiety disorder scores of the experimental group employees were significantly lower than those of the control group. The average anxiety score of the experimental group employees was 3.25, while that of the control group was 4.62. The t-test and analysis of variance were used to verify the statistically significant differences between the experimental group and the control group.ConclusionsResults shown that small and medium-sized enterprises can significantly reduce workplace anxiety disorders by establishing financial accounting management efficiency mechanisms. Standardized financial systems, clear accounting processes, and effective internal controls can help alleviate employees’ anxiety.

A Novel Financial Risk Identification and Management Method of Commercial Bank with Emerging Technology

Chinese financial market environment has also undergone a series of changes. How banks can identify and effectively prevent and control financial risks has become the focus of their research. For this reason, this paper makes a careful study on the management ideas of bank financial risk, first introduce the relevant content and characteristics of bank risk identification and management, explaining the new requirements and challenges brought about by the bank's financial risk management under the current background, and focus on analyzing the relatively representative issues in the financial risk management of banks in various regions, finally, it puts forward the strategies and improvement ideas on how to improve the quality and efficiency of bank risk management.

Fuzzy Comprehensive Evaluation Model of Project Investment Risk Based on Computer Vision Technology

With the development of the economy and real-time embedded systems and the progress of science and technology, people’s economic income forms have undergone tremendous changes, and the concept of financial management has become clearer in people’s property income arrangements. Project investment is one of the most popular financial management methods in the era of big data. Both large enterprise groups and individual petty bourgeoisie groups have begun to pay attention to the risks and benefits brought by the new financial management method of project investment. This paper’s goal is to develop a fuzzy comprehensive evaluation (FCE) model for project investment risk based on computer vision technology and explore the application of computer vision technology in project investment risk evaluation. This article first uses a real-time embedded system to understand the basic process of project investment and select 10 investment experts for risk assessment, risks, and causes of the risks through literature research and case analysis. Then, this paper establishes a model of fuzzy comprehensive evaluation of project investment risk through computer vision technology, real-time embedded systems, and neural network models in big data and artificial intelligence technology to realize the analysis and prediction of project investment risk. The fuzzy comprehensive evaluation method and analytic hierarchy process (AHP) are used in this evaluation model to evaluate and forecast project investment risks. In addition, this paper also trains and tests the risk evaluation model of this research through the support vector machine classification algorithm, the real-time embedded system, and the average random consistency index. The research shows that the fuzzy comprehensive evaluation model of this study has higher accuracy for project investment risk evaluation than other risk evaluation methods. For example, for the investment risk of chemical fiber projects, this research model evaluated the factors such as organization, management, technology, and economy and found that the risks were all higher than 21.36%, which concluded that the overall investment risk of chemical fiber projects was relatively high.

MECHANISMS OF COMMERCIAL BANK FINANCIAL MANAGEMENT

Abstract. The article examines the main financial management mechanisms of a commercial bank, as well as the prospect of creating a modern financial mechanism. The article analyzes the approach to the definition of the term "finances" and the focus of management on the placement of financial resources to obtain income. Emphasis is placed on the importance of productive financial relations between the bank and clients through financial management. The role of elements of planning, operational management and controlling in the creation of modern financial management methods is also considered. The stability of the banking sector largely determines the stability of the economy in general and its successful development. Therefore, the primary task of state bodies at the macro level and the management of credit organizations at the micro level should be to ensure such stability through the implementation of a rational monetary policy; assessment and monitoring of the state of the real and financial sectors of the economy; the fall of all types of risks and the acquisition of income, which multiplied aggregate costs. All this will contribute to the modernization and improvement of the quality of banking services provided to individuals and legal entities. An unreasonable and hasty policy in the field of banking business will not only lead to a decline in the financial stability of credit organizations, but will affect the economy as a whole. The article analyzes the financial management of foreign banking organizations, as a result of which the author came to the conclusion that the most important indicators in the development of a bank's financial strategy are the value of a financial organization, the level of bank capital, a certain number of active innovative projects, an increase in the range of products and services provided by banks, an increase management of external and internal risks, as well as development of an effective investment policy. As a result of the study, the relationship between effective financial management and a high level of liquidity management of the bank and the adequacy of its capital was revealed. The theoretical recommendations made by the author can be used by bank managers during the development of tactical measures aimed at increasing the financial stability of the credit organization, as well as during the clarification of the bank's development strategy in the phases of economic growth and decline in the interests of owners and other economic entities that enter into financial relations with banks.

ФИНАНСОВЫЙ МЕНЕДЖМЕНТ: ПЛАНИРОВАНИЕ, ПРОЕКТИРОВАНИЕ И УПРАВЛЕНИЕ

Planning and project management is one of the main tools of financial management and budgeting. Organizational actions and practical steps to analyze financing models in the financial management system are strategic tasks for the development of the project and, in general, the business of an economic entity. Effective forecasting and management of investments and cash flows in the financial management system is the key to successful project co-financing. One of the main areas of planning in the financial management system is financial planning and modeling. Project management at the planning stage in the financial management system is time-consuming and significant. Methods of financial management in project management are aimed at studying the development of the project using its own funds and through co-financing (attracted investments). Financial management at the stage of project planning and development requires financial modeling of current tasks. Budgeting in the financial management system carries the tasks of budget management. Budgetary management is a detailed study of costs and investments, managing them, using a set of traditional methods and management procedures. It is concluded that in the system of financial management - planning, design and business management are vital for the implementation of both current activities and the development of new projects.

Оптимізація стратегій управління фінансами підприємства

The diversity and increasing complexity of the market environment, the intensity and dynamism of production, and economic processes require enterprises to maximize their capabilities and reserves. The transformational processes taking place at domestic enterprises are primarily related to finance. The analysis of cash flows, the search for effective sources of financing, profitable investment solutions, and the development of rational accounting and tax policies form the basis of modern enterprises' activities. Therefore, in current conditions, the method and methodology of strategic financial management are increasingly used in enterprise management. In this connection, the issues of forming a financial strategy and managing the developed financial strategy become especially relevant. Today, the task of creating a financial management system that is consistent with a competitive strategy is especially suitable for enterprises. The need for significant amounts of investment resources, the peculiarities of business processes, and related uncertainties determine the contours of the financial management system, including investment and risk management. In current business conditions, deciding on financial management methods influencing business risks is essential. The development of a strategy for managing the financial activities of an enterprise is a critical component in the success of its functioning since, without the correct choice of the general direction of movement in the long term, it is impossible to solve the current tasks of managing the organization's monetary funds effectively. The significance of the process of developing a financial activity management strategy, among other things, is that in the absence of such a strategy in the conditions of environmental variability, different structural units of the organization can conduct multidirectional policies, which, of course, can negatively affect the level of the financial position of the enterprise. In addition, without a constructed and documented strategy for managing financial activities, enterprise managers can make multidirectional financial decisions, which may lead to a contradiction in the system of managing economic activities. Keywords: optimization, strategy, enterprise, environment, planning.

Indonesia's Critical View on Public Sector Accounting: Insights from M Nastir's Thought

Purpose — This research attempts to introduce a typical Indonesian critical thought, M. Natsir's perspective, which can be used to study public sector accounting. Design/methodology/approach-- This study used the narrative literature review method. This article then compiled an outline of M Natsir's critical methodology, which focuses on the emancipatory revolution based on the spirit of Islamic values and continues to prioritize democracy and national unity. It hopes the methodology can construct the [financial] state management to align with the nation's interests. Findings — The results of this study indicate that the development of paradigmatic studies in the field of accounting opens great opportunities to complete, perfect, and even present concepts in new accounting models that are in line with the needs of the ages, as shown in this article, which borrows the thoughts of M Natsir. This reflection serves as a methodological basis to present the concept of an emancipatory revolution based on the spirit of Islam and the love for motherland values growing within Indonesian society. Therefore, people's conceptions of love for material things can be oriented in a more beneficial direction for society. It can also construct a country's best financial management method. Practical implications — This research encourages the presence of public sector accounting studies without forgetting the context of local values, love of country, and Islamic spirit in the form of good state financial management. Originality/value—This research framework critiques the concept and practice of NPM and its accrual accounting as a derivative of neoliberal ideology. It also examines the roots of economic policies that are not oriented towards the interests of the people in general. Using this proposed framework, it is hoped that the spirit of love for the motherland and the spirit of Islam can be felt in the state's financial accounting and management. Paper type — Research Papers