THE SYSTEM OF FINANCIAL MANAGEMENT OF HIGHER EDUCATION INSTITUTIONS
Journal: University Economic Bulletin (Vol.1, No. 27)Publication Date: 2015-10-10
Authors : Vynogradnya Vita;
Page : 7-13
Keywords : higher education higher institutions; financial resources; financial management; balanced scorecard;
Abstract
The subject of research is the system of financial management of universities; the goal is to analyze the principles of their application today. The methods that were used in the study, analysis, synthesis, deduction. The results: an analysis of financial management areas of their influence on the activities of the university, which will provide future support to its competitiveness in the educational market. Areas of Application results: higher education institutions In modern conditions the functioning of higher education institutions fully dependent on their mechanism of management of all aspects that define appropriate analysis of all business processes of the organization and results of operations. Company financial management system in higher education is very important for high school as it helps to get additional competitive advantages and ensure the effective use of financial resources.
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