Effective cash flow management - a factor of a stable financial condition of the organization

The role of the analysis of cash flows is especially important in modern conditions. The assessment of cash flows will predict the stable financial condition of organization. The classification of cash flows has been determined by the following features: by the scale of service of the economic process; by type of economic activity in accordance with international standards; by the direction of funds.The purpose of the study is to analyze cash flows and develop proposals for managing cash flows. To achieve this goal, we analyzed the inflow and outflow of cash flows to STNG JSC. JSC «STNG» is a subject of natural monopolies. The analysis of cash funds showed a decrease in the amount of money supply of receipts falls on cash inflows from operating activities. We have developed recommendations for improving the management of accounts receivable, namely, to balance it with account receivable, namely, to balance it with accounts payable, and also proposed to use factoring. Being based on the result of the assessment of the cash flows of Sakhatransneftegaz JSC and their movements, the following recommendations were given; - to develop a classification of suppliers into groups according to their level of importance for the activities and profitability of the company; - to present a variety of payment schemes; - optimal ratio of the company’s accounts receivable and payable, etc.