The legal and economic subsystem ensuring the financial management of the enterprise

Abstract

Considering that companies play a decisive role in the destiny of every country, evaluating their financial dimension is of particular actuality. Funding ensures the necessary volume of resources for common use in the companies and for their development in perspective. Thus, in this article, the author justifies the importance of studying the economic and legal aspects, pertaining to the financial management of the company, in particular, pertaining to the company’s financial system, which involves methods, levers, tools and procedures for the creation, collection and management of capital. This system is of particular usefulness in the organization and management of financial activity and are moved using specific, particular techniques that are employed in the processes of creation and development of financial fluxes and cycles, of capital, in establishing and the deployment of monetary surplus, in forming and covering the necessary funding of the economic agent, etc. Thus, we will showcase general theoretical approaches referring to the company’s financial system and the impact of financial management on the process of fixing and achieving the goals of contemporary companies.