Klevets V. Formation of financial result in dairy production a subcomplex APK

Object of research: The object of investigation: agricultural and milk-processing enterprises of Ivano-Frankivsk, Lviv and Ternopil oblasts. The aim of investigation: the investigation is aimed at substantiating the recommendations related to the improvement of the organization of forming income and profitability indices at Ukraine's dairy subcomplex enterprises which would adequately correspond to the peculiarities of their functioning under market economy. Methods of investigation: analysis and synthesis; monograph and factor analysis; method of comparison; method of grouping; a graphic method. Scientific novelty: analytical investigations deal with the dynamics of milk production at agricultural and milk-processing enterprises for the period of 1991-2003, as well as with the use of their production potentials and the formation of income in the AIC dairy subcomplex. The author suggests the ways for improving economic relations among agricultural and milk-processing enterprises, which provide for theincrease in milk vendibility alongside with the increase in dairy production volume and income maximization. The author also substantiates the measures for an organized procurement of milk produced by individual farms; develops an optimized economic and mathematical model of maximizing the income of dairy subcomplex enterprises, thus making it possible for managers to effectively influence the formation of the complex; determines the basic ways for the economic development of the dairy subcomplex of Ukraine's western regions and for the maximization of income in prospect; puts forward proposals concerning the improvement of financial accounts and their analysis in connection with the requirements of international accounting standards; develops the techniques for analyzing the sensitivity of income and profitability according to the data of dairy subcomplex; suggests the system of special financial coefficients of evaluating the income quality and classifying factors which influence the income and profitabilityof the AIC dairy subcomplex enterprises. Theoretical and practical results: the author developed specific proposals related to the improvement of forming the enterprise financial results which make it possible to adequately influence the efficiency of their work. The above proposals will contribute to the improvement of operational orientation under various economic situations, to the increase in the accuracy of estimating the administrative solutions, as well as to the reveal of the reserves for improving competitiveness and developing the strategies of economic activities. The proposals and recommendations the thesis contains will facilitate the improvement of the system of economic methods of management, as well as the procurement of internal economic reserves. The efficiency of the above recommendations is proved in practice. The sphere of use: AIC dairy subcomplex.