Scientific-methodological foundations of financial management in the modern economic literature

Abstract

This article discusses the theoretical aspects of financial management, taking into account the
realities of modern economic conditions. The categorical definitions of financial management were studied in the
scientific works of Kazakhstan and foreign economists using the example of Russian and Western economists.
The systematization of the essence of financial management was implemented. The definitions of financial
management of organizations were analyzed and specific similarities and cardinal differences in the conceptual
apparatus of the definition of “financial management” are revealed. In addition, using the analytical method of
research, the principles, and functions of the category “financial management” in modern scientific publications
of domestic and Russian scientists and economists were examined in detail. Also, the existing concepts and
models of financial management of enterprises (financial management) were examined from the point of view
of Kazakhstan scientists and foreign economists.