Buratchuk N. Financial controlling in retail chains working capital management

The thesis investigates the theoretical foundations of financial controlling as a key element of working capital management process in retail chains. The working capital definition and classification of inventories as a key element of working capital in retail trade are improved. The levels and tasks of working capital management sub-systems and their relationships are formalized. The definition of financial controlling is improved. Conceptual basis of inventory controlling. A methodical approach to defining a set of tools for financial controlling in retail chain in accordance with operational and strategic goals of working capital management is suggested. The necessity of activity-based approach to working capital management in retail trade is substantiated. The inventories and accounts receivables internal control environment is evaluated. Main performance indicators of working capital management in retail chain are being analyzed. The methodology of simulation modelling for the purposes of planning the need in working capital in retail trade is implemented. The ways of working capital management improving in retail chain though strategic financial controlling tools are revealed.