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Abstract
In today's business environment, cash flows are one of the main resources that provide conditions for sustainable business development, maintaining the company's solvency, and protecting against the risk of bankruptcy. The success of the production, investment, and financial activities depends on the effective use of funds, therefore, the issues of improving internal cash flow controlling become especially relevant in the context of the aggravation of the external financial and economic situation in the country, the increase in the cost of financial resources, and the restrictions of requirements imposed by investors and creditors. The article presents current trends in improving the organization's cash flow controlling system. It offers methodological approaches to the organization of cash flow monitoring and justification of the system of analytical indicators for evaluating the effectiveness of cash asset management.
It justifies the sequence of implementation of the mechanism for rationing the need for funds to ensure the permanent solvency of the organization.
Keywords: cash flows, controlling, management of monetary assets of the organization, analysis and optimization of cash flow
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INTRODUCTION
Cash flow management is undoubtedly the main component of internal controlling and financial management of any organization. The introduction of modern financial controlling mechanisms into management practice, including analysis, planning, rationing, operational monitoring and strategic forecasting of cash flows, is the key to successful business operations. Achieving effective enterprise performance is possible thanks to a balanced financial policy aimed not only at using financial resources to meet current needs, but also at coordinating the volume of cash flows of enterprises and their structure, sources of receipt and directions of use over time (Ohlin, 2019; Vu, 2019). Improving the methods, forms and organization of controlling cash flows, creating a reliable information and analytical base is an urgent task of an integrated business management system, the successful solution of which determines its effectiveness, both in the current activities of the company and the achievement of strategic goals (Tarman, 2016, 2017; Robbins et al., 2019; Kuzmin et al., 2018, 2020).
The purpose of the study: substantiation of methodological approaches for controlling the organization's cash flow management.
Research objectives: a critical review of existing systems for controlling cash flows; justification of the system of indicators for analyzing and evaluating...