Accounting, analytical and financial support for making management decisions of the enterprise.

The article examines the role of accounting and analysis systems in making strategic and tactical decisions at the enterprise. The influence of financial information on the quality of management decisions, which allows enterprises to achieve high economic results in market instability and a competitive environment, is studied. The specifics of the functioning of the subsystem of accounting and analytical management of the economic activities of the enterprise were investigated. Modern approaches to the organisation of accounting and financial analysis are considered, and their effectiveness for solving practical enterprise management tasks is analysed. A complex set of financial planning, budgeting, and forecasting tools is defined as essential elements of the management decision-making support system. The role of digital technologies and automation of analytical processes in increasing the accuracy and efficiency of accounting and analytical information is studied. The need to improve accounting and analytical support as a critical prerequisite for the company to achieve sustainability and financial stability in market changes is proven.

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Publication Details

Journal
Cadernos de Educação Tecnologia e Sociedade
Published
2024-10-24
DOI
https://doi.org/10.14571/brajets.v17.nse3.306-316
Citations
1
Primary Topic
Economic and Business Development Strategies
Type
article
Field-Weighted Citation Impact
1.13
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article

Accounting, analytical and financial support for making management decisions of the enterprise.

Svitlana Derevianko, Оксана Нужна, Roman Sydorenko, Тamara Hurenko et al.
1 citations
Cadernos de Educação Tecnologia e Sociedade
Economic and Business Development Strategies
1.13
article

Accounting, analytical and financial support for making management decisions of the enterprise.

Svitlana Derevianko, Оксана Нужна, Roman Sydorenko, Тamara Hurenko, Yuliia Grudzevych
article en
1 citations

Abstract

The article examines the role of accounting and analysis systems in making strategic and tactical decisions at the enterprise. The influence of financial information on the quality of management decisions, which allows enterprises to achieve high economic results in market instability and a competitive environment, is studied. The specifics of the functioning of the subsystem of accounting and analytical management of the economic activities of the enterprise were investigated. Modern approaches to the organisation of accounting and financial analysis are considered, and their effectiveness for solving practical enterprise management tasks is analysed. A complex set of financial planning, budgeting, and forecasting tools is defined as essential elements of the management decision-making support system. The role of digital technologies and automation of analytical processes in increasing the accuracy and efficiency of accounting and analytical information is studied. The need to improve accounting and analytical support as a critical prerequisite for the company to achieve sustainability and financial stability in market changes is proven.

Cadernos de Educação Tecnologia e SociedadeVol. 17(se3)
Lutsk National Technical University (UA), National University of Life and Environmental Sciences of Ukraine (UA), Lesya Ukrainka Volyn National University (UA)
Openalex Percentile: Top 10%
Economic and Business Development Strategies
1.13
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