№ 115(1), January, 2016
Public date: 27.01.2016
Archive of journal: Articles count 86, 182 kb
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EFFECTIVE EVALUATION OF THE INTERNAL CONTROL AND AUDIT
DescriptionThis article is an attempt to improve the work on the organization of the audit of the effectiveness of the internal control of business processes of economic agents of the market, has been successfully tested in practice, internal audit of a number of agricultural holdings of the Krasnodar region. The results of these internal audits, organized in accordance with the procedure provided, can provide substantial assistance in the construction management personnel of the sound system of internal control
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PROBLEMS OF RATING OF FINANCIAL ACTIVITY OF MANAGING SUBJECTS OF AGRARIAN SPHERE
DescriptionIn the article we have given a critical assessment of credit scoring by American economist D. Duran, we have grounded the developing of his method for the domestic economic conditions. The unacceptability of D. Duran’s method for the analysis of financial condition of domestic economic entities is explained by the following reasons: 1) the imperfection of the hierarchy of indicators of credit scoring, and 2) the imperfection of differentiation of scoring for the actual value of the indicators, forming the credit scoring by groups of firms. In the methodology of D. Duran the main indicator is a level of credit scoring profitability of total assets - for the first class of firms, that are the most financially stable, the authors have given a rating of "50 points" for the actual value of the profitability of 30%; the second most important indicator by the author’s choice is the ratio of current liquidity - for the actual value of the coefficient "of 2.0 and higher," are given 30 points to a first-class firms; the third indicator of the financial condition of firms author has defined as the ratio of the financial independence - for the first group of firms the actual value of the coefficient "of 0.7 and higher," are assessed 20 points. In the fifth, the last group of firms, numerical score is 0 (for the actual return on total assets "of less than 1%", as the value of the current liquidity ratio "of 1.0 or less," for the coefficient of financial independence "less than 0.2"). For assessment of the financial condition of the domestic agricultural producers, a priority in the hierarchy of indicators, in our opinion, has the ratio of financial independence, which is formed mainly by retained earnings. Our researches have shown that the numerical score of the coefficient value "of 0.8 and above" should be 50 points. The second most important in the assessment of the financial condition of the organization, in our opinion, is the profitability of total assets; its actual value "of 5% and above" should correspond to score 30 points. The third in the system of indicators, characterizing the financial condition, is the ratio of current liquidity of the assets. Its actual value "of 3.2 and above" should be evaluated in 20 points for the agricultural organizations of the first, most financially stable, group
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Description
The system of indicators characterizing the financial condition of a commercial organization, the major thing is profitability of its operations as the ratio of profit on sales and revenues, the ratio of profit before tax and the average annual value of total assets, the ratio of net profit and the average value of all assets, net income and average equity. Great practical importance for the efficient management of resources economic entity is marginal analysis, but it requires, in our opinion, improvement. In the academic literature on management analysis it is recommended to determine the relative value of the stock of financial strength ratio of the absolute value of the stock of financial strength and actual revenue; financial headroom suggested determined by the difference between the actual value of revenue and earnings, the corresponding break-even point. The relative value of the stock of financial strength should be determined, in our opinion, the ratio of the absolute value of the stock of financial strength and the amount of revenue in the break-even point. Recommended in textbooks relative value of the stock of financial strength is a share of stock of financial strength in the actual revenue. The method of rating the financial condition of commercial organizations (credit scoring of the American economist D. Durant) return on total assets is also a priority index, largely determining the solvency and liquidity of the balance sheet, the financial stability of the business entity. However, in practice the profitability of the invested capital is not always characterized by an optimal investment
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ANALYSIS OF EFFICIENCY OF ACTIVITY OF MANAGING SUBJECT OF VINE INDUSTRY
DescriptionFor the analysis of the effectiveness and the efficiency of entrepreneurial activity of organizations we apply a system of indexes, characterizing the level of the use of production resources: labor, floorspace, average annual cost of the combined assets, average annual cost of circulating assets, including supplies, average annual cost of own capital, production expenses, including financial expenses. As a quantitative result of activity of managing subject we use volume cost indexes, characterizing an effect: gross products are in current prices; profit yield from sales; gross revenue; income from sales; income to taxation; net income [1, 2, 3]. The high-quality indexes of efficiency of the use of production resources: gross products in current prices on an average annual worker; profit yield from sales on an average annual worker; gross. The analogical set of indexes of efficiency is applied, determining correlation of different types of effect and other resources. That determine an index, characterizing correlation of gross products in current prices and floorspace (in agricultural organizations we use 1 ga of lands, in point-of-sale – 1 m2 of point-ofsale area, in industry – 1 m2 of floorspace of factory, factory, workshop); correlation of profit yield from sales and floorspace; correlation of different. Then we determine indexes, characterizing correlation of different types of effect and average annual cost of the combined assets, correlation of different types of effect and average annual cost of circulating assets, production supplies, property asset, production expenses, and financial expenses. In obedience to methodical positions of analysis of indexes, characterizing the results of activity of managing subjects, we probe the dynamics of indexes for the last 3 – 5 years with the purpose of exposure of it. Important in research of indexes and efficiency of entrepreneurial activity is the use of factor analysis, allowing defining a quantitative measure influence of factors on the change of analyzable index, to ground backlogs of increase of efficiency. Most acceptable in the analysis of influence of factors there is a reception of chain substitution on the dynamics of indexes of efficiency of the use of production resources
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THEORETICAL ASPECTS OF THE FORMATION OF A LAND MARKET
DescriptionThe article substantiates theoretical aspects of the formation of a land market. It is shown that there is a problem of insufficient knowledge of its formation. The article lists the features of land as part of the natural environment, a factor of production, part of the capital, a real estate object, defining features of the land market. It is shown that supply in the land market in the short term is elastically, despite the fixed supply at any given moment, and inelastically in the long term. We substantiated expediency evaluation of public and private land market in terms of turnover, which expresses the ratio of the total land area of transactions in the segmental markets to the total amount of land in some form of ownership. We proposed to evaluate the development potential of the turnover of the analyzed segment of public sector land market with the help of the methodology of growth curves. This work presents internal and external macroeconomic factors and institutions that form the infrastructure of the land market. It concludes about the need to improve the institutions of valuation of land, land banks, information base, land management and real estate cadastre. We proposed to study the land market from the standpoint of neoinstitutionalism. In accordance with the theory of Ronald Coase, this work shows the significance of transaction costs for the development of the land market. We clarified the classification of the transaction costs arising before and after the transaction O. Williamson, in relation to the land market and concluded on the need to reduce them. We substantiated the necessity of state regulation of the land market, improvement of economic land management practices
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Description
There was given the definition and there were cited the criteria of food safety of the country. There was substantiated the necessity of ecological-landscape organization of the territories of agricultural organizations with the aim of decision of food safety. There were cited the peculiarities of land as a natural object and the object of land relations. There was cited the qualitative condition of agricultural areas of the Krasnodar region – the susceptibility to erosion, the content of humus, indicators of nutrient balance in soil. There were identified the environmental problems in the use of agricultural lands in agricultural production. It is concluded that the existing zonal systems of agricultural management do not take into account the full landscape diversity in the region. Using GIS-technologies there were determined the boundaries of five landscapes of the Krasnodar region and agricultural areas on types and degrees of erosion process manifestation. There was given the characteristics of natural-climatic, soil and ecological peculiarities of steppe plain landscapes with ploughed steppes. There was substantiated the system of ecological-economic indexes of assessment of landscape systems of land management. There was determined the percentage ratio of areas as cropland: forest: meadow within the boundaries of the natural landscapes. There were calculated the main indexes of ecological assessment of flat plain landscapes with ploughed steppes. There were formulated the tasks of ecological-landscape organization of the territory of agricultural enterprises. On the state level there were substantiated the offers on increase of effectiveness of use of agricultural areas in agrarian production
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Description
The significance of humus content in soils of the Krasnodar region is decreased. Losses amount is 0,03- 0,05 % every year. The main means of preservation of soil fertility is the introduction of such organic fertilizers as manure. The availability of manure’s use has decreased significantly in connection with the reduction of livestock in agricultural organizations of the Krasnodar region. It causes the necessity of searching of other ways of replenishing of soil fertility. The challenge is to ensure a positive balance of organic matter in soil without application of manure. The reproduction of the soil fertility can be achieved at the expense of proper selection of agricultural cultivars in the crop rotation and provision of optimal structure of sown areas. The modeling of the structure of sown areas using the developed economic-mathematical model allows to determine the optimal composition and the areas of crops for maximum gross or net income with a positive balance of humus. It is proposed to use the general indicators of economic evaluation - gross or net income, increased (decreased) in the value added of (left) humus to assess the effectiveness of land use. The calculations were made on the example of the Ltd Company “Vorontsovskoe” of Dinskoy District, they may be adopted for any agricultural organization
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Description
The given school for young scientists has become a platform for the exchange of scientific knowledge between young and experienced scientists, practitioners, representatives of power structures. Including before its participants were representatives of CEMI RAS, Moscow state University, St. Petersburg state University, Financial University under the Government of the Russian Federation, Public chamber of the Russian Federation, foreign universities (University of new Brunswick (Canada); well-known scientists from leading universities of the South of Russia. The main organizers of this school were the Krasnodar branch of Financial University under the Government of the Russian Federation, the Krasnodar regional public charitable Foundation of "Scientific and educational initiatives of Kuban"
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06.00.00 Agricultural sciences
RESOURCE-SAVING APPROACHES TO THE POULTRY FEEDING
06.00.00 Agricultural sciences
DescriptionThe experiment studied the use of an herbal component in feeding of young geese, consisting of hay meal and alfalfa juices coagulate. The replacement of 50 % of complete feed by the studied feeding stuff reduced the protein content in the diet by 9.9-14.9 % and increased the content of crude fiber 1.76-2.01 times. Gross weight gain in the experimental group decreased by 3.9 %, with an increase in feed cost by 17.1 %. However, carcasses of geese in experimental group increased absolute weight of muscles of the breast and legs by 28.6%, and the relative – 5.6 % (Р˃0.05). Using of herbal ingredients tended to increase the yield of dressed carcass by 4.8 %, while the share of internal fat and skin with subcutaneous fat was decreased. There were no differences in the chemical composition of poultry muscle tissue in the groups. Using of herbal ingredients decreased the cost of 1 kg of feed by 0.7 rubles, but the cost price of weight gain increased by 5.0 %. It was concluded that it is necessary to carry out additional studies involving the feeding of poultry with the identical by nutritional value compound feed with the additive under study or without it
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HEMATOLOGICAL PARAMETERS OF PIGS WHEN USING YAKON TUBERS AND ADSORBENTS IN RATIONS
06.00.00 Agricultural sciences
DescriptionUnder the current conditions, it is very important to boost the production of pork and improve its sanitary and hygienic quality for the successful handling of problems subjected to import substitution of meat products. This can be reached by means of strengthening of food reserve. For that purposes, in the frame of two experiments yacon tubers in combination with enzymatic agent protosubtilin GZx have been introduced in the intakes of fattening pork stores instead of fodder beat, and various doses of carbitox adsorbent have been additionally added when superfluous background of heavy metals was observed. During the 1st experiment, the substitution of fodder beet with the similar quantity of yacon tubers has allowed the animals of experimental group to outweigh the ones from the control group on 7,5% in the terms of gross formation of body weight, and to gain 100 kg of body weight for 7 days ahead of the animals from control group as well. Additionally, fodder costs per product have been reduced and the morphological and biochemical values of animals blood have been optimized. Based on the data from 2 nd experiment, it has been defined that the better dose for feeding of adsorbent carbitox was 2,0 kg per tonne of concentrates thereby the animals of 3rd experimental group had reasonably higher body weight gain and thereby higher feed-conversion ratio by products. Therewith, the animals intermediary metabolism has been speeded up due to optimization of morphological and biochemical values of blood and reduction of heavy metals content in blood serum, in other words level of zinc, lead and cadmium was not exceeding maximum allowable concentration