Such economic relations, which are aimed at the process of formation, distribution and further use of monetary resources of various centralization for the state to fulfill its tasks and functions and create prerequisites for reproduction, characterize the very concept of finance.
Main features of finance
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finance concept in the course of such relations, the subjects are endowed with different rights, one of which (the state) in addition to the rights has emergency powers;
- two entities are linked by monetary relations, in which money is a material justification for the availability and organized work of finance (finance exists only if there is money);
- formation of the budget, as a general state fund of monetary resources, is the result of such relations (such relations can be classified as fund);
- as a tool for a constant flow of funds to the budget, the state has chosen the so-called coercive measures. It is impossible to levy taxes and other payments without the support of legal and legislative documents and without effectively functioning fiscal authorities.
What is the basis?
The scientific concept of finance canrephrase as a kind of association with processes in the life of society that lie on the surface and manifest themselves through the accompaniment of various forms of cash flow, both cash and non-cash.
The result of any financial transaction is the movement of monetary resources. This may be the transfer of tax fees to the revenue side of the state budget or the formation of on-farm resources of the enterprise, and we can also talk about the transfer of funds to the accounts of state non-budgetary and charitable funds.
Despite the real visibility of the movement of money masses, this does not allow us to fully disclose the concept of finance. In order to somehow understand its nature, it is necessary to determine those general characteristics and properties that underlie the phenomena occurring in the financial sector. It is necessary to understand the relations underlying the participants in the production process and social relations.
Since the mentioned relations take place directly in the course of social production, their nature, accordingly, is colored by production relations.
At what stage do finances arise?
Relations in the economic sphere are very diverse: they can arise at different stages of the reproduction process, including all levels of economic relations and all areas of public work.
Finance, the concept of which we are considering, acts in a role that allows you to display relations in production, and have a specific purpose for lifesociety. The concept of "finance" is characterized by the most important distinguishing feature - it is their support by banknotes. Without a monetary equivalent, the very existence of finance is impossible. If money is removed, then finance as a social category will also not be able to function, since the concept of finance implies the existence of the former.
