scholarly journals THE DISCLOSURE OF INFORMATION ON THE RESULTS OF INTERNATIONAL ECONOMIC ACTIVITY IN THE ACCOUNTING (FINANCIAL) STATEMENTS OF AGRICULTURAL ORGANIZATIONS

2020 ◽  
pp. 27-34
Author(s):  
M. F. Safonova ◽  
◽  
V. A. Gribushenkova ◽  
Keyword(s):  
International Economic ◽  
Economic Activity ◽  
Financial Statements ◽  
Disclosure Of Information ◽  
Agricultural Organizations

scholarly journals УЧЕТНАЯ СОСТАВЛЯЮЩАЯ ФИНАНСОВЫХ РЕЗУЛЬТАТОВ ПРЕДПРИЯТИЙ ОБЩЕСТВЕННОГО ПИТАНИЯ

2020 ◽  
Author(s):  
A. Kazhmukhametova ◽  
G. Tussibayeva ◽  
B. Akimova ◽  
А.А. Кажмухаметова ◽  
Г.С. Тусибаева ◽  
...  
Keyword(s):  
Economic Activity ◽  
Financial Statements ◽  
The Other ◽  
Disclosure Of Information ◽  
New Type ◽  
Public Catering ◽  
The One ◽  
The Cost

Properly organized operational and accounting records are essential for controlling the formation of financial results. The article reveals a feature of the economic activity of public catering enterprises, which determines the features of accounting. On the one hand, it is intended to reflect the processes of production (cooking), and on the other - the processes of trade (sales). The costs associated with the sale of products and promotion of products on the market, both industrial and commercial enterprises are defined as the cost of circulation. The paper focuses on the classification and accounting of income and expenses in the field of nutrition. Attention is paid to a relatively new type of service as catering, which has been gaining momentum in recent years. The issue of synthetic and analytical accounting of financial results and disclosure of information in financial statements is discussed. Based on the results of the study, the authors recommended reasonable measures to increase profitability and improve accounting for financial results. Важное значение в контроле за формированием финансовых результатов имеет правильно организованный на предприятии их оперативный и бухгалтерский учет. В статье раскрыта особенность хозяйственной деятельности предприятий общественного питания, которая определяет особенности ведения бухгалтерского учета. С одной стороны, он призван отражать процессы производства (приготовление пищи), а с другой - процессы торговли (реализации). Расходы, связанные с реализацией продукции и продвижением на рынке произведенной продукции, и у промышленных, и у торговых предприятий определяют как издержки обращения. В работе акцентировано внимание на классификации, учете доходов и расходов в сфере питания. Уделено внимание сравнительно новому вид услуг как кейтеринг, который в последние годы набирает обороты. Обсужден вопрос синтетического и аналитического учета финансовых результатов, раскрытия информации в финансовй отчетности. По результатам исследования авторами рекомендованы обоснованные мероприятия по повышению доходност и совершенствованию учета финансовых результатов.

scholarly journals Risk analysis of companies’ activities on the basis of non-financial and financial statements

2021 ◽  
Vol 7 (4) ◽  
pp. 180-199
Author(s):  
Karina Nazarova ◽  
Kostiantyn Bezverkhyi ◽  
Volodymyr Hordopolov ◽  
Tetiana Melnyk ◽  
Natalіia Poddubna
Keyword(s):  
Cluster Analysis ◽  
Risk Analysis ◽  
Financial Reporting ◽  
Economic Activity ◽  
Food Industry ◽  
Liquidity Risk ◽  
Financial Statements ◽  
Financial Reports ◽  
Coverage Ratio ◽  
Disclosure Of Information

Purpose. The purpose of the article is to study the degree of disclosure of information about the risks of economic activity of enterprises in non-financial statements and to find ways to improve the organization and methods of analysis of such risks based on the financial statements of companies. Methodology / approach. The methodological basis of the study is a systematic approach, methods of generalization, comparison, abstraction, analysis, synthesis, induction and deduction, bibliometric analysis, cluster analysis, as well as methods of integrated economic analysis. The publications from the Scopus database, for 1988–01.04.2021, processed by VOSviewer software were the source of data for bibliographic and cluster analysis. The materials of the research on the state of disclosure of information about the risks of domestic enterprises of the food industry are based on their financial statements and management report. Results. The article analyzes the state and degree of disclosure of information about the risks of economic activity in non-financial reports of domestic food industry enterprises. It is established that the enterprises of the studied industry most often provide information about the following risks: economic, currency, financial, political, legal, judicial, interest, personnel, price, commercial, as well as liquidity risk and market risk. Originality / scientific novelty. Theoretical, methodological and organizational principles of risk analysis of companies based on non-financial and financial reports have been further developed. For the first time, we proposed our own approach to the methodology of analysis of such risks, based on financial reporting indicators. In particular, such analytical indicators include: financial risk – solvency, financial leverage; credit risk – investment coverage ratio, return on equity, return on assets; liquidity risk – coverage ratio, quick liquidity ratio, absolute liquidity ratio. Practical value / implications. The practical value of the research is that the results obtained by the authors will contribute to the disclosure of information about the risks of economic activity of enterprises in non-financial statements. Analysis of the status and level of disclosure of information about the risks of domestic food industry enterprises in non-financial reports showed that most companies provided information about the following risks: economic, currency, financial, political, legal, judicial, interest, personnel, price, commercial, and risk liquidity and the risk of changes in market conditions. As a result, the author's methodological approach to the analysis of internal risks of the studied industry (credit, financial risks, liquidity risk) is proposed. The proposed methodology is based on the indicators of financial reporting and is part of a comprehensive risk analysis of the enterprise for the purposes of the risk management system.

Federal public finance accounting standard “Employee Payments”

2020 ◽  
pp. 5-10
Author(s):  
Olga Shinkareva
Keyword(s):  
Public Finance ◽  
Public Sector ◽  
Financial Reporting ◽  
Financial Statements ◽  
Employee Benefits ◽  
Reporting Standard ◽  
Accounting Standard ◽  
Disclosure Of Information

The article is devoted to the analysis of the Federal Accounting Standard of Public Finance “Payments to Personnel”, which will be applied in the conduct of accounting and reporting from January 1, 2021, including medical state and municipal institutions. The article considers the main provisions of this standard — peculiarities of recognition and evaluation of objects of personnel benefits accounting, termination of their recognition, as well as disclosure of information on objects of personnel benefits accounting in accounting financial statements. This standard is compared with the International Public Sector Financial Reporting Standard 39 “Employee Benefits”

Current Trends in the International Economic Activity of Ukraine

2021 ◽  
pp. 47-55
Author(s):  
Ljudmila Romaniuk ◽  
Keyword(s):  
International Economic ◽  
Economic Performance ◽  
Economic Activity ◽  
Public Diplomacy ◽  
Technological Development ◽  
Value Added ◽  
Machine Building ◽  
Raw Material ◽  
High Tech ◽  
Economic Relations

International economic activity occupies a special place in a complex system of the global economic relations. It reflects the mutual economic dependence of trade and economic activities of different countries of the world. The significance of the development of international economic performance of each country is growing. The purpose of the article is to determine the current state and trends of international economic performance of Ukraine, taking into account changes in the external environment. SWOT-analysis was introduced to identify strengths, weaknesses, opportunities, threats and ways to overcome weaknesses, solve problems in international economic activity, use strengths and opportunities. International economic activity is a powerful factor in the development of the country's economy and has a significant potential in regard of natural, economic and human resources, but the study has also revealed problems and negative trends. To identify trends in the effectiveness of the country's international economic activity, export-import performance indicators for 2019, 2020 and similar indicators for 2013 were analyzed. In 2020 a decline in exports in the machine-building industry is observed. Furthermore, the exports are dominated by the raw material component. The growth rate of exported goods refers to industries with a small share of value added. At the same time, imports are dominated by high-tech products, indicating a lack of strategy of technical and technological development, which leads to the deindustrialization of the country, which is a significant threat to the economy of Ukraine as a whole and its international economic activity. In the context of economic globalization, the importance of international economic relations is growing. To increase the efficiency of international economic performance it is crucial to address a number of domestic issues: stabilization of political situation, termination of military actions in the east of the country, overcoming corruption, ensuring technical and technological development, implementation of innovations at enterprises, development and implementation of multi-vector strategy, implementation of the strategy of public diplomacy in order to build a positive image of Ukraine. Further research will focus on assessing the effectiveness of international economic activity, identifying threats to national competitiveness and elaborating recommendations for overcoming them.

scholarly journals INFORMATION SUPPORT OF ASSESSMENT OF THE IMPACT OF BUSINESS PARTNERS IN THE CONDITIONS OF INTERNATIONAL ECONOMIC ACTIVITY

2021 ◽  
Author(s):  
Nataliia Kara ◽  
◽  
Iryna Protsyk ◽  
Keyword(s):  
International Economic ◽  
Economic Activity ◽  
Marketing Research ◽  
Growth Efficiency ◽  
Complete Information ◽  
Information Support ◽  
Economic Activities ◽  
Business Partners ◽  
Types Of Information ◽  
The Impact

The article examines the features of information support for assessing the impact of business partners in the conditions of international economic activity. Methodical and practical recommendations for the procedure and accumulation of information about the company's partners have been developed. The theoretical and methodological basis of the study there are the works of the Ukrainian and foreign scientists, regulational and legislational laws of Ukraine for information support and evaluation of partnerships of the enterprise. The information factor affects economic growth, efficiency and employment. Information at the enterprise is mainly considered in the form of data collected and systematized in an acceptable form for use, capable of accumulating, sharing and updating. Recently, information is increasingly considered as one of the types of organizational resources that exist in the form of certain scientific knowledge, results of research and development, generalized indicators, norms, standards, recommendations, results of marketing research and more. An important condition for assessing the impact of environmental factors on the production and economic activities of the enterprise is the availability of timely and sufficiently complete information about events, processes, trends that occur in the external environment. The paper also considers the stages of the process of evolution of types of information about the partners of the enterprise, the strategic advantages of the management information system (MIS). It is proposed to develop an information letter about business partners, which is entered in the database and file, as well as to create database management systems. It is also advisable to create an information department at the enterprise, which in particular will assess the impact of the company's partners, as long-term partnerships create their own statistical database for decision-making by the company's management.

Is the Future ‘Regional’ for Global Standards?

10.1068/a3794 ◽  
2005 ◽  
Vol 37 (11) ◽  
pp. 2053-2071 ◽  
Author(s):  
Grahame F Thompson
Keyword(s):  
International Economic ◽  
Economic Activity ◽  
Institutional Design ◽  
Standard Setting ◽  
International Economy ◽  
Economic Management ◽  
Global Pattern ◽  
Governance Framework ◽  
Global Standards ◽  
The Future

The paper concerns the formation of standard setting in respect to international economic activity. A number of different forms of standard setting are discussed, but the analysis is concentrated upon the macro context for this process. In this paper I review the issue of the convergence in institutional design and systemic patterns of economic activity as global standards are pressed onto the governance framework for international economic management. However, the analysis suggests that the international economy is developing along a distinct path towards supranational regional bloc formations rather than towards an ever more global pattern. The consequences of this shaping of the international economy for the processes of standard setting in a number of different contexts are discussed.

The Russian Empire and the Countries of the African Continent: From the First Contacts to Regular Economic Interaction

2021 ◽  
pp. 216-224
Author(s):  
Aigul R. Nurieva ◽  
◽  
Marat Z. Gibadullin ◽  
Diana I. Zainutdinova ◽  
◽  
...  
Keyword(s):  
International Economic ◽  
Economic Activity ◽  
World Economy ◽  
Russian Empire ◽  
African Continent ◽  
African Countries ◽  
Economic Relations ◽  
International Economic Relations ◽  
The World ◽  
The Russian Empire

The current state of the world economy is characterized by instability and mobility. In the context of a protracted crisis, aggravated by the COVID-19 pandemic, competitive contradictions between the leading actors in international economic relations and world politics are exacerbating. Each of them is trying to fix the positions they have won in the world arena, resorting to the tools of economic and military diplomacy to achieve their strategic goals. The confrontation between old and new world leaders of the world economy is being transferred not only to traditional markets, but also to new ones, which were previously on the periphery of their economic interests. The African continent today, like in the nineteenth century, attracts more and more close attention of the leading states of the world. Rich in natural resources, it becomes an arena for the struggle for control over it from the United States, China, and European countries. Taking into account the fact that for Russia the field of foreign economic activity has significantly narrowed in recent years, its return to Africa should become one of the priorities of the national foreign economic strategy. In the above context, it seems relevant to comprehensively study the stages of development of economic relations between Russia and African countries and, based on historical experience, to identify the shortcomings and failures of economic policy in relations with African partners. When writing the article, the authors used general scientific research methods, primarily the dialectical method of cognition, the logical and historical method, deduction and induction, and mathematical methods. In the course of the study, the following results were achieved. (1) Based on the analysis of historical documents, the nature of the economic relations of the Russian Empire with African countries at various stages of their evolution has been determined. It has been established that, at the initial stage of interaction, Russia, in its desire to establish economic contacts with the states in the region, relied on the principle of respect for their sovereignty as independent states, independent subjects of international economic relations; however, at the following stage, associated with the beginning of the colonial division of Africa by the European powers, Russia was forced to passively participate in the colonial aggression against the countries of the region, entering into international agreements with the colonialists on the status of African countries. (2) Based on the processing of statistical data on the foreign trade of the Russian Empire with African countries and territories, a tendency has been revealed that characterizes the gradual curtailment of Russia’s economic activity in this region.

scholarly journals Organizing international economic statistics in the context of globalization

2020 ◽  
pp. 5-8
Author(s):  
Ihor TARLOPOV
Keyword(s):  
International Economic ◽  
European Union ◽  
Economic Activity ◽  
Economic Freedom ◽  
Government Regulation ◽  
The European Union ◽  
Association Agreement ◽  
Eu Countries ◽  
State Management ◽  
Economic Statistics

The paper scrutinizes the peculiarities of organizing the international economic statistics in the context of globalization. It has been proven to be essential to rethink and reevaluate general problems of organizing the international economic statistics at the methodological level with the purpose of enhancing the reputation of Ukraine in the international arena. Ukraine’s choice of strategic direction towards the integration into the European Union actualizes the scientific discourse related to defining the conceptual foundations of state management of foreign economic activity, ensuring the implementation of customs policy of the state in accordance with the Association Agreement between the European Union and Ukraine. Notwithstanding certain achievements with regard to the implementation of provisions of the Association Agreement between the European Union and Ukraine in recent years, the country still requires a significant improvement of processes related to the activities of government authorities in the sphere of foreign economic activity, their interaction with stakeholders, improved governance over such processes. Indexes of leading ratings affirm the significance of intensifying such processes. The indicators of the «Global Competitiveness Index» and the «Index of Economic Freedom» in EU countries and Ukraine have been analyzed within the scope of the paper. It has been established that the impact of factors which serve to calculate these Indexes displays a considerable dependence on the efficient government regulation over its foreign trade and, correspondingly, state management of foreign economic activity of Ukraine in the context of European integration. The work comprises substantiation for the necessity to improve government regulation in the sphere of macroeconomic indicators which are included into international comparison ratings. According to other ratings such as the «Index of Economic Freedom», the «Corruption Perceptions Index», among all EU member states Ukraine maintains the lowest indexes, which testifies to its current condition as the one which requires the implementation into the activity of government institutions of the best practices and tools originating not only from EU countries but also from the countries with highest rating indexes and most advanced practices of reforming the system of public relations in the sphere of foreign economic activity.

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