Conclusion

Cash management is one of the most important activities of the financial manager. It includes the calculation of the time of circulation of money (cash cycle), an analysis of cash flow, its prognosis, rational definition of the level of cash, cash budgeting, etc.

The presence of money is often linked to the question of whether its activities are profitable or not. But such communication is not always obvious. Actions in recent years, the problem has escalated dramatically when mutual non-payments, are questioning the absolute inviolability of direct communication between them values. It turns out that the company can be profitable according to accounting data and immediately experience significant difficulties in working capital, which ultimately can cause not only social and economic tensions in relations with counterparties, financial bodies, employees, but in the step (while theoretically) lead to bankruptcy.

Cash management includes their effective collection (collection), payments and short-term investments. Responsibility for the system of cash management, usually the responsibility of the finance department of the company.

The purpose of money management is to invest excess cash income for profit, but at the same time have their required amount to meet its payment obligations and simultaneous insurance for unforeseen situations.

It funds can be applied models developed in the theory of inventory management and to optimize the amount of cash. In the Western practice of the most widely used model of Baumol's model and Miller - Orr.

With the cash flow begins and ends with their production and sales cycle. Cash - this is the most liquid asset class that provides the greatest degree of liquidity of the company. Cash includes cash in tenge and foreign currency funds in bank accounts.

Cash Flow - this receipt and payment of funds arising in the course of the company.

Definition of cash and its motion plays an important role in financial management in the enterprise. In determining the composition of cash the ideal would be to have the most potential reserve of cash on hand. However, the immobilization of financial resources in the form of cash due to certain losses - with a certain degree of conditionality, their magnitude can be estimated size of the lost revenue from participation in any available investment project. Therefore, any company must consider two mutually exclusive things: maintaining the current pay and receive additional income from the investment of surplus funds.

Thus, one of the major challenges of money management is to optimize the resources of their average current balance.

During the course of an analysis of cash flows for the example of JSC "Kedentransservice." The analysis was performed by the direct method. It would be better if the analysis was done by an indirect method, unnecessarily, he would show exactly where the funds are spent and how outflows and inflows of funds affect the net income of the company, but for the indirect analysis need more information disclosed on the balance sheet, if it is better for months. In the absence of such information, direct analysis was conducted.

The purpose of cash flow analysis - to provide the necessary volume of parameters that give an objective, accurate, and timely response areas of income and expenditure of funds, the volume, composition, structure, objective and subjective, internal and external factors that have a different effect on the change in cash flows.

Analysis of cash and cash flow management is one of the most important activities of the financial manager. It includes the calculation of the time of circulation of money (financial cycle), an analysis of cash flow, its prognosis, determination of the optimal level of cash, cash budgeting, etc.

In the analysis of cash flows considered for three types of activities: operating, investing and financial. For cash flow analysis using direct and indirect methods.

Forecasting cash flow is usually limited to the construction budget funds in the planning period, taking into account the main components of the flow: the volume of sales, earnings per share of cash, accounts payable and weather forecast, etc. is carried out for a period in the context of sub-periods: the year by quarter, year by month, quarter by month, etc.

Based on the analysis it was found out that the company JSC "Kedentransservice" increase in cash is especially pronounced in 2008. Therefore sledubschie recommendations were developed:

- To try to get more profit from operations;

- To direct available funds for financing activities;

- To try to reduce the cost of maintenance of the premises and other assets.

Improving cash management business is in the correct analysis of the cash flows and the determination of their type.

Appendix A

Department ofJSC «Kedentransservice»

Statement of Cash Flows

Fiscal Year Ended December 31, 2012

Cash Flow from Operating Activities:

Cash Inflows:

sale of goods

4 818 328

provision of services

11 569 189

advances received

3 925 339

dividends

2 117

miscellaneous income

961 237

Total Cash Inflows

Cash Outflows:

payment of wages

2 078 670

payment of interest on loans

577 832

corporate income tax

385 103

other payments to the budget

1 567 573

other Fees

1 442 685

payments to suppliers for goods and services

7 040 777

prepayments

7 429 322

Total Cash Outflows

20 521 962

Cash Provided by Operating Activities

754 248

Cash Flow from Investing Activities:

Cash Inflows:

sales of fixed assets

118 066

miscellaneous income

30 051

Total Cash Inflows

148 117

Cash Outflows:

acquisition of fixed assets

19 469

acquisition of intangible assets

Total Cash Outflows

20 423

Cash Provided by Investing Activities

127 694

Cash Flow from Financing Activities:

Cash Inflows:

issue of shares and other securities

1 561196

Borrowing 3304000 miscellaneous income 221 959 Total Cash Inflows 5 087 155

Cash Outflows:

repayment of loans

5 573368

other

359 218

Total Cash Outflows

Cash Provided by Financing Activities

- 845431

Total Cash provided by Operating, Investing and Financing Activities

36 511

Add: Cash Balance, Beginning January 1, 2012

194 970

Cash Balance, Ending December 31, 2012

231 481

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