Scientific works in the concepts of finances and also credit score, according to the requirements of the research item, are characterized to be many-sided and many-leveled.
The definition of completeness of the cost-effective relationships developed in the process of formation, distribution and use of funds, as cash sources is commonly spread out. For example, in “the basic theory of funds” there are 2 interpretations of funds:
1) “… Financial resources reflect economical relations, formation of the funds of money resources, in the process of distribution and also redistribution of nationwide receipts according to the distribution as well as use”. This definition is offered relatively to the problems of Industrialism, when cash-commodity relationships gain global character;
2) “Finances represent the formation of central ad decentralized money sources, affordable relationships fairly with the distribution as well as use, which offer for fulfillment of the state features and also responsibilities as well as additionally provision of the conditions of the expanded more production”. This interpretation is brought without revealing the setting of its activity. We share partially such explanation of finances and believe prudent to make some requirements.
First, financial resources get rid of the bounds of circulation and also redistribution solution of the national income, though it is a fundamental structure of financial resources. Likewise, development as well as use of the depreciation fund which is the part of financial domain name, belongs not to the circulation as well as redistribution of the nationwide earnings (of freshly formed value throughout a year), but to the circulation of currently established value.
This newest initial appears to be a part of worth of primary industrial funds, later it is transferred to the cost price of a prepared product (that is to the value as well) as well as after its awareness, as well as it is established the depression fund. Its source is taken into account before hand as an anxiety kind in the consistence of the ready items expense price.
Second, primary objective of finances is much broader after that “gratification of the state features and commitments and stipulation of conditions for the broadened additional production”. Financial resources feed on the state level and likewise on the makes as well as branches’ degree too, as well as in such conditions, when the most part of the manufactures are not state.
V. M. Rodionova has a different setting concerning this topic: “genuine development of the funds starts on the stage of circulation, when the worth is realized as well as concrete cost-effective kinds of the recognized worth are divided from the consistence of the earnings”. V. M. Rodionova makes an accent of finances, as dispersing relations, when D. S. Moliakov highlights commercial foundation of finances.
Though both of them offer rather corroborate discussion of financial resources, as a system of development, distribution and also usage of the funds of cash resources, that appears of the adhering to meaning of the finances: “economic money relations, which creates in the process of distribution and redistribution of the partial worth of the nationwide wide range and complete social item, is related with the subjects of the economic situation and formation and usage of the state cash earnings as well as savings in the expanded further production, in the material stimulation of the employees for fulfillment of the society social and also other requests”.