08.00.00 Economic sciences
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INTEGRATED REPORTING AS A BASIS FOR ESSENTIALITY INCREASING OF ACCOUNTING INFORMATION
DescriptionBasic information files that revealing external users with information about the organization are the accounting financial statements. Reforms of the national accounting led to reduction of reporting forms informativeness and removal of transcripts. There was an obvious need for the formation of statements that reveals a wider range of indicators. Thus, integrated reporting can be such information array. Integrated reporting is the accounting tool, the information array about the organization. Integrated reporting includes such positions, as: a set of indicators characterized the economic, social and environmental aspects of the entity; the corporate management system that allows interested users to track the process of entity’s value creation and to form an opinion about its economic value. This type of reporting will be able to shape in accordance with the proposed methodological document "Rules of integrated reporting formation". This document assumes the following structure of integrated reporting: relevant information about the organization, historical information, environmental information, social information, innovation, internal control system, decoding of the financial statements, analysis of financial condition and financial results
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Description
The article is devoted to carrying out problems to commercial banks of the analysis of external environment of the functioning. Results of this analysis must be taken into account in case of determination of a circle of concerned parties, their requirements and expectations in a scope of the quality management system. Also, when forming a network of the processes providing goal achievement of the organization when forming competitiveness and strategic development. In the article the purposes of commercial bank are analyzed, the influencing factors and conditions of interaction of bank with concerned parties are determined. The assessment of a provision of commercial bank in external environment is given and scopes of quality management system are established
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RATIONAL USE OF THE LANDS OF THE REPUBLIC OF ADYGEA IN THE CONDITIONS OF IMPORT SUBSTITUTION
DescriptionToday, in the conditions of import substitution, the question of increase of cost efficiency of use of land resources with ensuring their rational use especially is particularly acute. One of priority problems of effective management of land resources is transition to a steady economic system, which has to provide optimum balance of consumption and reproduction of natural resources. In the article, we have assessed the current status of the land fund of the Republic of Adygea. On the basis of the retrospective analysis a number of the main problems which are not providing rational use of lands is revealed. Need of work on planning and the organization of rational use of the lands of Adygea is proved. It is offered to develop the target program for a sustainable development of agrarian capacity of the region, which will be performed, with quality control of land use and the organization of technical, economic actions for reproduction of land resources in the territory of the region. In this context implementation of land management works on planning and the organization of rational use and protection of lands has to have positive influence on elimination of negative effects of use of land resources of the Republic of Adygea
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SIGNIFICANCE OF FINANCIAL STATEMENTS AND ITS ELABORATION IN ACCORDANCE WITH IFRS
DescriptionThis article describes the importance of accounting (financial) reports as the main source of information about economic activities of a company. Financial indicators (necessary for inclusion in the financial statements) were given. There are financial statements’ classification, the composition of the annual financial statements, the order of presentation and publication in the article. In addition, the article excretes the features of statements’ preparation and presentation by economic entities. There are three options of its compilation: easy, normal and multiple. The comparative characteristics of statements in accordance with Russian accounting standards and IFRS are given. The article describes the process of financial statements’ transformation in accordance with IFRS. This process is divided into three main blocks: 1 the analysis of accounting information (primary documents and accounting records), preparation of trial balances; 2 compilation of adjustment postings and reclassifications of accounts of converted turnover balance to IFRS; 3 preparation of financial statements in accordance with IFRS. There are two main methods of statements’ reporting in accordance with IFRS (existing now): transformation of the financial reporting and conversion. Their advantages and disadvantages are determined
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DEVELOPMENT OF SOLIDARY INFORMATION ECONOMY
DescriptionWe are developing a new organizational-economic theory - solidary information economy, based on the views of Aristotle. The name of this theory has changed over time. Initially, we used the term "nonformal information economy of the future", and then began to use the term "solidary information economy." In connection with Biocosmology and neo-Aristotelism preferred is an adequate term "functionalist organic information economy". This article summarizes the first phase of work on the solidary information economy. We have analyzed the array of publications. The main problems are discussed, the solution of which is devoted to research related to the considered basic organizational and economic theory. The founder of the economic theory is Aristotle. We discuss Aristotle's positions, on which the economic theory is based, in particular, solidary information economy. We prove that the market economy has remained in the XIX century and the mainstream in modern economic science - justification of insolvency of a market economy and the need to move to a planned system of economic management. We examine the impact of ICT on economic activity. We develop the approaches to decision-making in the solidary information economy. On the basis of modern decision theory (especially expert procedures) and informationcommunication technologies people can get rid of chrematistics and will understand the term of "economy" according to Aristotle
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DECISION SUPPORT SYSTEM FOR SELECTING THE METHOD OF PURCHASE OF SOFTWARE
DescriptionThe research is devoted to the problem of selecting the software acquisition method for the company. To solve this problem the decision support system which allows automating the process of selecting the software acquisition method was developed. The existing methods of software acquisition were reviewed in the article, as well as the analysis of possibility of their comparison was conducted. This analysis showed that the research should be limited to two alternatives - purchase of licensed program and using Software as a Service (SaaS). We substantiated the necessity of a mechanism that would allow the company to determine with a high degree of accuracy which software acquisition method was the most preferred. This mechanism was implemented in the framework of a decision support system consisting of three main blocks: database, model base and interface. The basis of the model base consisted of indicators calculated on the various methods for assessing the economic efficiency of information technologies. The above methods were ranked in descending order of their informativeness. Based on these results the algorithm of choice of software, the acquisition method was proposed. This algorithm formed the basis of the decision support system which block diagram is also presented in the article. It is expected that the developed decision support system will enhance the validity of the decisions made, reduce the complexity of the calculations, and minimize losses associated with acceptance of erroneous decisions
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ENHANCING THE ROLE OF THE STATE REGULATION IN MANAGING DEVELOPMENT OF AGRICULTURAL PRODUCTION
DescriptionDomestic and foreign experience of operation of the segment of "small" rural economy shows that its capabilities are still being used not completely out of the difficulties and risks of development. The main reason for the slow dynamics of the modern development of subjects of small farming (SAF), according to the authors, is the inaccessibility of the credit market in this sphere since the key rate of the Central Bank at 10.5%, which is too high and, therefore, significantly reduces the efficiency of the investments in this risky industrial sector. In addition, the most narrow «neck bottle» is remaining a unit of realization of products of small businesses. The authors propose a refined definition of "small agricultural businesses" that differs from the previous definitions by its conciseness and by including small enterprises of not only 1-st production, but also the 2-nd processing of agricultural sector. The study revealed that the most distinctive features of small agricultural forms are: high autonomy, independence, and self-protection from adverse environmental factors. The authors propose to adjust the long-term regional development program, and suggest the method of determining the capacity of the market for products of small agricultural farms with possibilities of a differentiated accounting of consumers by their income, residency, and consumption of domestic and other animals. They believe that the problem of affordability of lending and perfecting of system of marketing of small agricultural farming today is largely able to solve with the multi-level agricultural credit and sales-living cooperatives. The authors believe that the government should create a high-in-demand SAF productive assets and then transfer them to the operational management of cooperatives, with subsequent transformation of them into equity of the small participants of cooperatives
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ANALYSIS OF THE DEVELOPMENT OF VERTICAL COOPERATION IN SMALL AGRARIAN FARMING
DescriptionAvailability of cooperation in the field of processing, storing, crediting and selling channels is the key to further successful development of subjects of small agrarian farms. It is shown, that modern cooperation allows creating 1-st level agricultural consumer cooperatives at the district level. Based on the region level, the 2-nd level Unions of cooperatives are being formed. The 3-rd level cooperatives may also appear on the Federal level or the level of Federal districts. The authors give the dynamics of financing of regional target programs of development of agricultural credit and sales cooperation in the Krasnodar region. Today, the province operates a two-level system of consumer agricultural cooperatives with the regional Guarantee Fund, which is supporting their development. The main aim of the Guarantee Fund is to ensure access of small farms to financial and material resources. For the 1-st level cooperatives, the Fund provides the possibility of further development and allows adding on 1 ruble of budget support additionally 9.1 credit ruble. Analysis of economic activity of subjects of small farming has showed that improving of the availability and timeliness of accessing loans from agricultural credit consumer cooperatives for the purpose of production of gross amounts volume and production profitability of agricultural products. Moreover, the development of the practice of multi-level cooperation as condition is to improve the functioning of small agricultural farms, their credit new loan program and product distribution are illustrated
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MANAGEMENT OF DEVELOPMENT OF AGRARIAN PRODUCTION ON THE BASIS OF VERTICAL COOPERATION
DescriptionThe article shows the economic mechanism of operation of the vertical cooperation of small agricultural farms and their quantitative characteristics. There is great attention paid to the work of Revising Union; and there are shown: its objectives, its stabilizing role in lending to small businesses, and the volume of regional lending. The proposed project is meant to improve the current economy mechanism of vertical cooperation, to increase efficiency of regulation of the development process of consumer cooperatives of small farming with future possibility of public offering of constituent entities of the production infrastructure created with participation of the state. The authors recommend creating joint infrastructural facilities for small business with active engaging of the government, which will increase currently low motivation of participants of small-scale agricultural farming (SAF) in building a new cooperation. It is recommended to actively enhance the process of creating of infrastructure of economic activity, the state features in the construction of production, supply, logistics, processing, marketing and other necessary for practical objects in the form of storage facilities, slaughterhouses, depots mine-mineral fertilizers etc. It is proposed to enhance preparation and retraining of personnel for working with small farms and especially in their consumer cooperatives. To increase efficiency of the informative-consultative instrument of development of small business by adding more state funding, more actively implement a scheme of public-private partnerships with cooperatives of small agricultural farming. The crucial condition for successful development of SAF is lobbying interests of participants of small agrarian business by giving opportunities from regional Chambers of commerce and industry, by establishing associations of small forms of management to protect interests of participants in use of land, resources provision, lending, product sales, and other important concerns
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PREDICTION OF A FINANCIAL MARKET EVOLUTION ON THE BASE OF SOFTWARE TOOLS FOR LINEAR CELLULAR AUTOMAT
DescriptionThe work used methods of system analysis, monographic, structural and logical, economic-statistical, mathematical continuous and discrete, settlement and constructive methods as well as software tools of linear cellular automata. Usage of each method was based on their functionality, thus ensuring the accuracy of the findings and scientific positions. In this article we attempt to predict the dynamic behavior of the financial market elements, to use on the basis of a linear cellular automaton computer tools and methods of nonlinear science for adequate numerical reflection measure various risks, primarily financial and economic risks, as well as to show the power of computer graphics, computer mathematics system linear cellular automata, to emphasize an important philosophical role of visualization. The authors of the work programmed linear cellular automaton based on Python 2.7 software platform in the form of application. The program validates the predictive model on the adequacy of the selected coloring, is forecast error and builds polygons predictive model and input data on the same graph. The proposed research area is relevant to the processes in the financial and economic system, bringing in useful innovative elements in the generalized forecast that do not exist in continuous classical methodology