Independent work By: Muhammadiyev Azizbek Termiz city 2023 Theme: Self-financing Plan

Independent work


By: Muhammadiyev Azizbek

Termiz city 2023

Theme: Self-financing


Plan:

1. 
   Concept of Self-Financing.
   
2. 
   Features of self-financing and self-financing.
   
3. 
   The Essence of economic accounting.
   
4. 
   Elements of the self-financing mechanism.
   

Self-financing is a system of management of an enterprise, in a centralized economy, based on self-financing and self-governing principles. This method assumes an even distribution of a part of the profit in favor of the public – employees of the enterprise, as well as independent control and financing within the framework of centralized (that is, the government) set prices.

According to the economist Mark Harrison, a centralized economy is an economic system in which material resources are state or public property and are centrally allocated, which obliges individuals and businesses to act in accordance with a centralized economic plan.
Basic principles of self-financing:

• 
  economic independence of enterprises (self-sufficiency, self-government);
  
• 
  the material interest of their teams and each individual employee in the results of their economic activities;
  
• 
  material responsibility for these results;
  
• 
  money management.
  

Self-sufficiency is the principle of doing business, which implies full reimbursement of all costs of the production of goods, works and services with proceeds from their sale.
As noted in the book "New Economic Policy" of V. Volscian and A. Bykova, self-financing is an economic term that characterizes the ability and the need to independently decide on the sources of providing funds for simple and expanded reproduction of an enterprise. Self-financing is often understood as financing the activities of an enterprise using only the company's own funds (amortization and profit).

What is Self-Financing? Signs and Standards

Let's try to understand what self-financing is. It is a special economic category that expresses relations in the field of distribution, production, consumption, production exchange. Many aspiring entrepreneurs try to understand what is self-financing and how to use the economic period in their activities. market options are an important economic concept in the context of economic transition, this parameter is considered.
CHARACTERISTICS OF SELF FINANCING.
Economic relations between enterprises, as well as within the organization, material interest and responsibility between the company and its main structural units, between business and the state, this form.
Introduction to cost accounting, reasonable farming, return costs, implementation of delivered savings, provides guaranteed profitability of the organization.

THE ESSENCE OF ECONOMIC ACCOUNTING

Full production management - It consists of the totality of tools and mechanisms through which the final result appears. On the basis of commodity-monetary relations, the full cost intention of agricultural enterprises, their direct results of activity ensure that the resources are observed. Such a system of relations reflects the movement of permanent resources of the circulation of funds, the recovery. Arguing that self-financing, we note that it is an expression of production relations, finance and material resources that are developing on the basis of property companies in all forms.
COST ACCOUNTING IS EXTENSIVE
Money, value, commodity, economic, price, profit: This term refers to the entire field of industrial relations. Within the company, under the current law in this field, there is an interaction of economic categories: the following are the accounting conditions. Do not forget that the organization is implemented in the union of labor and means of production, in relation to which it is directly implemented in the process of product production. The value of the enterprise includes all the basic principles of accounting.
CHARACTERISTICS OF AGRICULTURAL ORGANIZATIONS

Self-financing for these companies is determined by the main important principles of development:

• 
  self-financing and reimbursement of expenses;
  
• 
  economy, as well as state regulation of local government employees;
  
• 
  material interest of individual employees for production results;
  
• 
  controlling the organization's financial activities.
  

Self-financing requires a company to cover all its expenses from personal funds. The income from the sale of their products must be sufficient to finance consumption. The state has the right to regulate market parameters such as tax and interest rates. control their level, it is not able to create favorable conditions for the sale and production of these goods.
HOW TO FUND YOURSELF EFFECTIVELY
In addition to the above-mentioned rules, each member of the workforce must perform the tasks assigned to him qualitatively, if he is to be effective. If the employee does not have a personal financial interest, he will not go to the efficiency speech. A special incentive system should be created for the company's employees. This year, financial aid includes a variety of awards and additional fees at the end. The employee will be interested in the result of the relationship between work and decent paid productivity, and only the company will be able to calculate a large profit.
VALUE IMPORTANCE OF ACCOUNTING, FINANCE AND BANKING SYSTEM
These financial authorities constantly monitor the timely payment of taxes by public and private enterprises. The use of bank credit sanctions structures encourages the leaders of organizations to demand alternative effective use of all available resources. In such ways, affecting enterprises such as profitability, credit utilization, maturity, banks checking account losses, inefficient expenses and wrong solutions to identify and offer timely adjustment and production of goods. allows to influence. Self-financing, many companies are afraid to learn that it has a mass of "gotchas." The system is constantly being developed and modernized in line with the changes taking place in the domestic and world economy. So what is self-financing? It is a complex system in which all elements are connected.
What is self-financing? What is the essence of this process? that it is being implemented? Does this serve as a basis for its implementation? Self-financing also played a useful role in the development of entrepreneurship. What is important for his stable work?

Self-financing - increasing wages for employees in proportion to their labor contribution for the implementation of technical modernization, production and infrastructure for carrying out certain works, innovation, employment and development funds, is a full disposal provision. What does it give?

A large source of self-financing activity of the enterprise increases the role of amortization as a reproduction. In such conditions, as well as among the investments to increase its share. However, its final size depends mainly on the structure of production, fixed assets, their value and depreciation rates. Independence, and with it self-financing of enterprises, is an important principle of existence of modern companies and organizations.
MODERN CONDITIONS REQUIRED
Now, in order to be successful in the future with self-financing, companies must ensure their industrial, scientific, technological and social development. In addition, it allows for the implementation of a quality concentration of funds after the use of the state budget in relatively socially important areas - support from the state, economic, scientific and technical potential development.

Self-financing is a necessary condition for the enterprise - it is at the center of creating consumer interest and product sales, and it can compete with the goods or services of competitors. In addition, it is still necessary to be flexible, to be able to adapt to changing market conditions.

WHAT USUALLY HAPPENS?
If there is a self-financing activity of the enterprise and full cost accounting, then the subject of economics is planning, promotion, financing, technical and social development, production and many others, including makes decisions on a wide range of issues.

They are also responsible for the results of their actions, and they are most interested in maximizing resursoispolzovanie and making informed decisions, designed to realize their potential. Self-financing is an integral part of independence.

Let's take a quick example with a bank. There is a financial institution that started taking money from the population for deposits and loans. if things are self-financing - it's good. But there was a crooked, or someone in the upper management of the top management, and the money was not spared. In other words, the principle of self-financing does not agree with the enterprise.

In this case, the state enters temporary administration, to prevent loss

by ordinary depositors. He goes through administrative tasks and transactions with elimination or at least reduction of negative consequences. It is impossible
to perform the required tasks, because the bank itself does not belong to you (owners).
VALUE ACCOUNTING IS VARIOUS
There is a free unit in the general form of organization and inter-farm economy. The first parameter includes economic relations of individual farms with the State or other companies. Intraeconomic calculation is related to the relationship between individual units, for example, in an enterprise. Among the general current methods of economic, internal corporate, trade management, the leading position belongs to three calculation options.
Economic calculation applies today to enterprises with full or large state ownership. Its task is to ensure the efficient operation and rapid development
of the organization aimed at complete economic recovery.
Commercial accounts of all types of property, aimed at maximizing material income. Businesses can count on state aid, a cash loan or translation. In this case, freedom depends on the volume of production and the level
of independence (financial independence) of the company.
Financial, material and labor resources are looking for ways to reduce costs for business owners. A feature of this program is the provision of a free units branches and operational autonomy.
The calculation appeared as one of the narratives of financial relations within the company. Its purpose is to create a complete, heavy-duty operation throughout the company's offices.
These three models are implemented through the economic mechanism
of relations.
WHAT DOES IT NEED TO BE SUCCESSFUL?
It was mentioned earlier that you will need to think about customers and products in order to achieve profits that can compete with what is already on the market. impartiality - Whereas it is all based on whose name it is. It is the basis for work and "life inspiration" in the enterprise.

However, only financing from the capital account is not justified. This

is especially true for firms whose production is seasonal. This is the basis
of independence and self-confidence, because at the same time you must have a clear value. However, always remember that it is investing in the long term.
In this case, it is the most dangerous.

At the same time, capital cost is one of the most important parameters for credit and investors. Thus, he believes that the larger the share of the total amount (relative to the loan funds), the better the performance. Of course, equity (in terms of percentage and quantity) is important to protect loans and investors from possible losses and, therefore, to reduce the risk of losing everything.

Of course, not everything depends on the enterprise. use to determine the status of the self-coefficient. In addition, it affects the direction of the enterprise and the tax policy. This can lead to a shortage of working capital and increase investment risks.
If requested, the performance of the subject of economic activity, the proposed analytical tools to make the necessary improvement. In this digital form, the current state of affairs in the company is displayed, to calculate the rate of self-financing, and also to evaluate current trends based on statistical and accounting data. Indeed, on the basis of this information, it should be based on the development of strategies and incentives, what can be thought of. This section briefly surveys relevant literature on the phenomena of state money and its relationship to the monetary and financial system.3 We focus first on debates around the sequencing of state spending and whether the state spends before it borrows or taxes, or whether it must raise funds from the private sector via these processes to enable spending. The second, related, debate concerns the role of the central bank vis-à-vis the government in initiating and controlling public money creation, central bank independence and the impact on inflation.