Financial activity of an organization: approaches to assessment of methods

The article presents the practical implementation of the model for assessing the financial performance of an organization, systematizing and directing its functioning throughout their life cycle. It is noted that financial analytics of the organization’s performance indicators, determined by management technologies and factors affecting the external and internal environment, can be used to create and develop its financial strategy. It is shown that high competition, significant risks, crisis phenomena, geopolitical and socioeconomic processes on the world stage and in the state, additionally increase the relevance of developing a new methodological apparatus for managing the financial stability of organizations, as a basic resource for ensuring their development. It has been established that insufficiently studied methodological approaches and the lack of a unified approach to methods for analyzing the financial performance of an organization hinder the development and improvement of its financial strategy. The author notes that approaches to assessing methods for analyzing the financial performance of an organization’s optimization present additional opportunities and recommendations in business development, as well as the development of theoretical and practical proposals that reveal successful directions for building the entire system of strategic financial management of organizations.

Authors

Institutions

Publication Details

Journal
Vestnik of Samara University Economics and Management
Published
2024-11-18
DOI
https://doi.org/10.18287/2542-0461-2024-15-3-113-125
Citations
1
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
1.40
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Financial activity of an organization: approaches to assessment of methods

Dmitry A. Ivanov
1 citations
Vestnik of Samara University Economics and Management
Economic and Technological Developments in Russia
1.40
article

Financial activity of an organization: approaches to assessment of methods

Dmitry A. Ivanov
article en
1 citations

Abstract

The article presents the practical implementation of the model for assessing the financial performance of an organization, systematizing and directing its functioning throughout their life cycle. It is noted that financial analytics of the organization’s performance indicators, determined by management technologies and factors affecting the external and internal environment, can be used to create and develop its financial strategy. It is shown that high competition, significant risks, crisis phenomena, geopolitical and socioeconomic processes on the world stage and in the state, additionally increase the relevance of developing a new methodological apparatus for managing the financial stability of organizations, as a basic resource for ensuring their development. It has been established that insufficiently studied methodological approaches and the lack of a unified approach to methods for analyzing the financial performance of an organization hinder the development and improvement of its financial strategy. The author notes that approaches to assessing methods for analyzing the financial performance of an organization’s optimization present additional opportunities and recommendations in business development, as well as the development of theoretical and practical proposals that reveal successful directions for building the entire system of strategic financial management of organizations.

Vestnik of Samara University Economics and ManagementVol. 15(3)
Volga Region State University of Service (RU)
Responsible consumption and production
Openalex Percentile: Top 16%
Economic and Technological Developments in Russia
1.40
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.