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FEATURES OF AGRICULTURAL FINANCE ORGANIZATIONS

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PDF: Author(s): Akberov K. Ch., Chernyakov M. K., Chernyakova M. M.,
Number of journal: 2(43) Date: May 2018
Annotation:

The article provides an analysis of the features of finance in organizations of agriculture. The relevance of the finance of agricultural organizations is determined by the strategic importance of this sector for the national economy. The purpose of the article was to identify the problems of financial relations characteristic of agricultural organizations. The methodological basis of the work was the use of general scientific methods and techniques and a systematic approach to the analysis of the features of finance of agricultural organizations. The methods of observation and comparison were used as empirical methods. The systematic approach was to consider the role of finance in the activities of agricultural organizations in the equilibrium. Features of finance of the organizations of agriculture are defined by the features of agricultural production. The impact of import substitution policy on the country’s agriculture is very important problem, which was discussed in this article. Cases when domestic products successfully replace foreign ones remain isolated. The growth of new industries is constrained by the uncertainty of investors and firms, the provision of imported raw materials, the general unpreparedness of agriculture to expand markets. But on the other hand, the measures taken to support had a positive impact, without them agribusiness enterprises would have been in much worse conditions, which would have led to the bankruptcy of many of them, but effective results are still far away. As a result of the analysis of the features of finance, the main problems of the agricultural organizations characterized by: limitation in own funds, refusal of credit institutions in cooperation, sharp competition among the organizations of small business and cooperatives, monopolism of large farms, financial and organizational mistakes were allocated. Special state financial support is needed to achieve specific competitive advantages over foreign companies.

Keywords:

agricultural organizations, finance, agricultural production, incomes, expenses, costs, state support, conditions, factors, sustainable development, import substitution.

For citation:

Chernyakov M. K., Chernyakova M. M., Akberov K. Ch. Features of agricultural finance organizations // Business. Education. Law. 2018. No. 2 (43). P. 66–74. DOI: 10.25683/VOLBI.2018.43.269.