Risk management of financial processes: goals and methods for achieving them

In any business there is a risk factor. Regardless of whether we are talking about the production process, commodity-money relations, or other areas of economic activity. Economic processes influence the degree of stability; successful development is interconnected with an effective management apparatus capable of anticipating possible unfavorable situations. Article content History of risk management Risk … Continue reading Risk management of financial processes: goals and methods for achieving them

Financial management and its role for a modern enterprise

Financial management is a direction that deals with the formation of capital in a company, and also deals with the issues of its rational use in order to increase profits. Article content What is financial management? History of financial management What role does financial management play in an organization Objects and subjects of financial management … Continue reading Financial management and its role for a modern enterprise

Economic growth: types, factors, how it is measured

The concept of economic growth in the science of finance is the multiplication of the total value of all manufactured products of labor in the national economy for a specific time period. Most people don’t understand the difference between economic growth and development. It is required to understand that the goal of economic growth is the numerical … Continue reading Economic growth: types, factors, how it is measured

Cash Management

What Is Cash Management? Cash management is the process of collecting and managing cash flows. Cash management can be important for both individuals and companies. In business, it is a key component of a company’s financial stability. For individuals, cash is also essential for financial stability while also usually considered as part of a total wealth … Continue reading Cash Management

Equity Vs Capital

Equity or Owner Equity or Shareholder Equity refers to the amount of money that the owner/shareholders have invested into the business. It represents the amount of assets which belong to the owner/shareholders. It is a part of the accounting equation that represents the Assets, Liabilities, and Equities. Owner Equity can be increased after the business … Continue reading Equity Vs Capital