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Organisational and Methodical Grounds of Financial Monitoring of Business Activity of an Enterprise


  • Sydorenko-Melnyk Ganna M.

    () (Poltava University of Economics and Trade)


The article analyses organisational and methodical grounds of financial monitoring of business activity of an enterprise, which is presented as a complex of measures of organisational, methodical and managerial nature. It justifies urgency and practical significance of introduction of the system of financial monitoring as a basic element of the system of financial management of business activity under modern economic conditions. It considers the essence and purpose of financial monitoring of business activity, presents its principles and formulates tasks. It offers methodical provision of the process of monitoring focusing on the study of essential characteristics of business activity of an enterprise. It states that introduction of the financial monitoring of business activity allows understanding of the state of an object or situation, identification of the reason of the detected deviations from the planned (forecasted) results and establishment of a base for development of applied recommendations on a relevant adjustment, which results in increase of efficiency of the financial and economic activity of an enterprise and availability of prerequisites of sustainable development.

Suggested Citation

  • Sydorenko-Melnyk Ganna M., 2013. "Organisational and Methodical Grounds of Financial Monitoring of Business Activity of an Enterprise," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 11, pages 372-376.
  • Handle: RePEc:idp:bizinf:y:2013:i:11:p:372_376

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    References listed on IDEAS

    1. François Bourguignon & Francisco H. G. Ferreira & Marta Menéndez, 2013. "Inequality of Opportunity in Brazil: A Corrigendum," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(3), pages 551-555, September.
    2. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416-416.
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