Alternative of the financial administration service of the Banco Popular de Ahorro aimed at legal persons
Keywords:
financial administration, financial indicators, overdue financing grantedAbstract
A procedure is proposed to carry out a financial administration to the companies that are clients of Banco Popular de Ahorro, in which there is a deterioration of their financial economic indicators, whose origin is given, among other aspects, by an insufficient financial administration of the cash flow, since timely monitoring of the performance of the assets has not been offered, the permanent analysis of the financial indicators has not been offered, and the debts contracted for granted financing have been renegotiated or restructured, directed mostly to the increase of Working Capital and Investments (which are usually in an expired state), intended mainly for food production, increased exports, import substitution, solution to the chain of non- payments, among others. It is pursued with the realization of the Financial Administration, to optimize the financial resources of these companies to achieve organizational objectives with greater efficiency and profitability, in addition to achieving a successful recovery of the financing granted by the Bank, as well as compliance with their tax obligations and the timely payment of the salary of its workers. It is also expected to design and carry out the processes to obtain funds, analyzing whether or not the profitability of a project through granted financing is possible, where the Bank is not only its administrator, but also its financial advisor.
References
Ministerio de Finanzas y Precios (2006): Resolución 235/2006. Normas Cubanas de Información Financiera, 2006.
Ministerio de Finanzas y Precios (2016): Resolución 498/2016. Norma Específica de Contabilidad No.5 “Proforma de Estados Financieros para la Actividad empresarial, Unidades Presupuestadas de tratamiento especial y el sector cooperativo agropecuario y no agropecuario”, 2016.
Pérez Piñeiro T. (2009): Fundamentos teóricos de la Administración Financiera y el sistema presupuestario. Consultado en https://www.eumed.net/cursecon/ecolat/cu/2009/tpp.htm , 20/02/2023
Santander Suástegui M. (2010): Métodos para gestionar la liquidez en un conjunto de empresas comerciales cubanas https://www.eumed.net/libros-gratis/2010e/803/803.pdf
Sosa M. J. La administración del efectivo. Disponible en: http://www.monografías.com
del Toro Ríos J. C. y Otros (2006): Administración Financiera del Estado Cubano. Pueblo y Educación, 2006. 317.
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