STUDY OF THE FACTORS INFLUENCING ON THE FINANCIAL STABILITY OF THE REFINING INDUSTRY AND METHODS OF ENTERPRISE MANAGEMENT
https://doi.org/10.26425/1816-4277-2017-12-72-78
Abstract
The article considers internal and external factors influencing financial stability of Russian oil refineries. Presents the concept of financial stability as an essential condition of stable existence of the company. Considered financial sustainability in the face of volatility in oil prices and exchange rates in oil company. Recommendations on the management of receivables and payables to improve the efficiency of enterprises of oil refining industry. The proposed changes in the accounting policy of the organization in terms of formation of estimated reserves, the formation of reliable information in financial statements and to exclude evidence of overstatement of the property value.
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Review
For citations:
Ashikhin V. STUDY OF THE FACTORS INFLUENCING ON THE FINANCIAL STABILITY OF THE REFINING INDUSTRY AND METHODS OF ENTERPRISE MANAGEMENT. Vestnik Universiteta. 2017;(12):72-78. (In Russ.) https://doi.org/10.26425/1816-4277-2017-12-72-78
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