scholarly journals Methodological Approaches to Assessing the Profitability of Assets

2020 ◽  
pp. 78-81
Author(s):  
Natalia Valerievna Zykova
Keyword(s):  
Effective Management ◽  
Internal Environment ◽  
Economic Activities ◽  
Management Decisions ◽  
Methodological Approaches ◽  
Tax Effect ◽  
Definition Of ◽  
A Company ◽  
Practical Recommendations

The paper examines approaches to assessing the profitability of assets. Based on the study and gen-eralization of scientific works, the definition of the concept of “profitability” is concretized. The ap-proaches to the assessment of profitability are in-vestigated. The relevance of the topic is due to the importance of analyzing the profitability of an enter-prise's assets to determine ways and reserves to improve the efficiency of financial and economic activities. The scientific novelty of this work con-sists in the study of theoretical and methodological approaches to the analysis of profitability, as well as the development of practical recommendations for organizing the analysis of the profitability of assets. It is based on the specification of profits by type and the introduction of indicators, such as the tax effect coefficient and the interest effect coefficient. The proposed algorithm makes it possible to make eco-nomically effective management decisions related to the development of a company in the context of dynamically changing factors of both the external and internal environment.

scholarly journals METHODS FOR ESTIMATING THE SHADOW ECONOMY AND INSTRUMENTS FOR DE-SHADOWING THE FISCAL SECTOR

2021 ◽  
Author(s):  
Oleg Meleshko ◽  
Andrii Kucheriavyi
Keyword(s):  
Financial Literacy ◽  
Shadow Economy ◽  
Retail Trade ◽  
Economic Activities ◽  
Fiscal Management ◽  
Tax Amnesty ◽  
Financial Crimes ◽  
Definition Of ◽  
Economic Crimes ◽  
Practical Recommendations

The subject of research is a set of theoretical and methodological provisions and applied aspects of assessing the level of the shadow economy and de-shadowing of this process. The study is based on the definition of existing methods for assessing the level of the shadow economy; clarifying the tools used in the process of assessing the shadow economy, identifying ways to de-shadow the fiscal sector and identifying tasks for the implementation of leveling this process. It is established that there are four most effective methods of estimating the size of the shadow economy: the method of "population expenditure - retail trade"; financial method; monetary method; electric method. The results of the study made it possible to propose tools for de-shadowing the fiscal market, which are to increase the level of financial literacy of the population; formation of electronic databases of violators (subjects of the shadow economy); improving the methodology for assessing the scale of the shadow economy; introduction of a tax on international speculative transactions; reforming the state's anti-corruption policy; ensuring the principle of tax justice (equality) for taxpayers; provide an effective fiscal management of residents who use offshore jurisdictions; raising the level of legal culture of the population; legalization of shadow activity (subject to its legality); improvement of the "ProZorro" system; counteraction to financial crimes, "laundering funds"; introduction of tax amnesty and capital amnesty, etc. The purpose of the article is to substantiate the existing methods of assessing the shadow economy and to develop practical recommendations on ways and tools to de-shadow the fiscal sector. Different methods of estimating the level of the shadow economy are used at the macro- and microeconomic levels. It was found that the assessment of the shadow economy by existing methods in Ukrainian practice is not accurate, as its reliability is influenced by factors: unreliability, concealing or providing false information, the complexity of tracking "traces" of economic crimes, the scale of shadow economic activities and more. Identifying ways and measures to de-shadow the fiscal sector will reduce shadow phenomena in the domestic economy and in the fiscal sector, in particular.

scholarly journals Methodological Support for Separate Accounting   of the Performance of State Defense contractors (SDc)

2020 ◽  
Vol 6 (6) ◽  
pp. 67-75
Author(s):  
N. T. Labyntsev ◽  
P. V. Kolesnik
Keyword(s):  
The State ◽  
Economic Activities ◽  
Regulatory Requirements ◽  
State Budget ◽  
Defense Contractors ◽  
The Russian Federation ◽  
Methodological Approaches ◽  
Definition Of ◽  
State Defense

Currently, the Russian Federation invests heavily in the production of products under the state defense order (hereinafter — SDO). The head executors and executors of the state budget are obliged to ensure separate accounting of the results of financial and economic activities for each state contract. The article is devoted to the development of methodological support for separate accounting of performance at enterprises which are the executors of the state budget. The research methodology is an analysis of existing methodological approaches to separate accounting of financial results of the SDO and the construction of the author’s own methodology on their basis. The article offers recommendations on the organization and methodology of separate accounting of the results of financial and economic activity by the organizations-executors of the SDO. The author’s definition of the term “separate accounting of the results of financial and economic activities in SDO” is given. The form of the register of accounting for grouping of the actual costs for execution of the SDO is developed. The developed recommendations for management job order costing accounting, clearance accounting, classification of costs by types, and the formation of registers of analytical accounting will allow the organizations-executors of the SDO to keep separate records in accordance with the regulatory requirements and to obtain information on the financial results of each contract at any given time.

scholarly journals DEVELOPMENT OF THEORETICAL BASIS OF THE INTERIOR CONTROL OF ENTERPRISE FINANCIAL RESULTS

2020 ◽  
Vol 15 (3) ◽  
pp. 99-106
Author(s):  
Alsu Zakirova ◽  
Guzaliya Klychova ◽  
Angelina Dyatlova ◽  
Al'fiya Yusupova ◽  
Ildus Gimadiev
Keyword(s):  
Control System ◽  
Internal Control ◽  
Management System ◽  
Agricultural Sector ◽  
Control Process ◽  
Information Support ◽  
Effective Management ◽  
Economic Activities ◽  
Management Decisions ◽  
Internal Control System

The presence or absence of an efficiently functioning internal control system at an enterprise has a significant impact on the success of business development, increasing competitiveness, developing an information system, improving the quality of accounting and analytical support for the enterprise management system. Internal control is the basis for effective management of enterprises in the agricultural sector of the economy. In this case, the following basic conditions must be met: the activities of the enterprise must comply with the adopted strategy and mission; it is necessary to ensure the financial and economic stability of the enterprise; primary information should contribute to successful leadership and effective management decisions. With the help of the internal control system, directions for improving the financial and economic activities of the enterprise are determined, procedures are determined that allow maximizing profits, and rational distribution of costs is ensured. To develop the theoretical foundations of internal control, the article proposes a conceptual model of the internal control system for financial results. An effectively functioning organizational model of internal control includes a set of goals, objectives, principles, subjects, objects, tools, standards of internal control, its regulatory and information support, documenting the control process, information support of the management system, and making effective management decisions. The toolkit for internal control of financial results is a complex mechanism that integrates and coordinates specific tools (methods) for the formation of information support for the management system. The results of research can be used to create and improve the internal control system aimed at ensuring the efficient and continuous operation of the enterprise; conceptual provisions can be applied in the development of regulations, methods and procedures for internal control.

Economic analysis: workshop

2019 ◽  
Author(s):  
Людмила Куприянова ◽  
Lyudmila Kupriyanova ◽  
Елена Никифорова ◽  
Elena Nikiforova
Keyword(s):  
Economic Analysis ◽  
Cash Flow ◽  
Financial Statements ◽  
Effective Management ◽  
Economic Activities ◽  
Management Decisions ◽  
Methods Of Analysis

The workshop on economic analysis introduces readers to the methodology of economic analysis, which is essential in the development of effective management decisions aimed at improving the financial and economic activities of economic entities. Reveals methods of analysis of financial and economic activities, assessment of inventories, depreciation, debt, analysis of profit formation, forecasting of costs, break-even analysis, cost, balance, cash flow, etc. The authors take into account the latest changes in the field of accounting and preparation of financial statements.

scholarly journals Assessing the effectiveness of foreign economic activities management on the basis of target indicators

2021 ◽  
Vol 2021 (2) ◽  
pp. 72-81
Author(s):  
Olha Melnyk ◽  
◽  
Khrystyna Peredalo ◽  
Yuliana Horoshko ◽  
◽  
...  
Keyword(s):  
Economic Activity ◽  
Narrow Range ◽  
Evaluation Model ◽  
Objective Assessment ◽  
Effective Management ◽  
Economic Activities ◽  
Activity Management ◽  
Efficiency And Effectiveness ◽  
Structured System ◽  
Definition Of

The concepts of "effect", "efficiency" and "effectiveness" were considered. It is noted that efficiency is a broader concept because it does not take into account the achievement of individual results, in contrast to the concept of "effectiveness". The main key groups of indicators that are most often used in assessing the effectiveness of foreign economic activity management are presented. The main problems related to the evaluation of the effectiveness of foreign economic activity management were listed including lack of a clearly structured system of targets; inefficiency of the formed evaluation model procedure; a narrow range of target indicators for evaluating the effectiveness of foreign economic activity that does not allow a multifaceted assessment of the results of its implementation. Such disadvantages in the management system often lead to problems with the definition of priority areas of foreign economic activity, objective assessment of cost, setting relevant goals, etc. Based on the studies of both scientific sources and practitioners, using methods of comparison, generalization, questionnaires, etc., the stages of evaluating the effectiveness of foreign economic activity management are based on targets, which are combined in three blocks: preparatory, technological and analytical. The principles of evaluating the effectiveness of foreign economic activity management were proposed, such as objectivity, systematization, complexity, constructiveness, continuity. A system of indicators for evaluating the effectiveness of foreign economic activity management was recommended for import-oriented enterprises. And although the above list is known, but their systematic presentation allowed the management of enterprises to select the most appropriate indicators for them, through which they create quality management and effective management decisions for the development of foreign economic activity.

Methodological approaches to analysis of rural territories’ development in terms of decentralization

2019 ◽  
pp. 47-55
Author(s):  
Nataliia Khomiuk ◽  
Nataliya Pavlikha
Keyword(s):  
Rural Areas ◽  
Complex Analysis ◽  
Analysis And Evaluation ◽  
Ecological Development ◽  
Methodological Approaches ◽  
Decentralization Reform ◽  
Definition Of ◽  
And Control ◽  
Practical Recommendations

The purpose of the article is to reveal methodological approaches to analysis of the development of rural territories in Ukraine. The authors note that the complex analysis and evaluation of the results of rural areas’ development is an integral part of formation and implementation of the strategy of diversification of rural territories’ development in Ukraine. The paper emphasizes that the availability of analytical information on the state of development of rural territories is a prerequisite for making grounded decisions on diversification of rural territories in the regions of Ukraine and improving the quality of life of rural population. The methodical approaches to the analysis of territories’ development have been considered. The paper proves that the definition of the peculiarities of social, economic and ecological development of rural territories makes it possible to elaborate effective practical recommendations for the diversification of the development of a separate rural consolidated community. A methodology for analyzing the development of rural territories in Ukraine has been developed. It covers the consistent implementation of the following stages: the assessment of the development of rural territories in Ukraine, the diagnosis of rural territories in the region, the characteristics of the preconditions for diversification of rural consolidated communities, the modeling and development of strategic directions of diversification of rural territories in conditions of decentralization, monitoring of changes in the development of rural territories and control over the implementation of the goals of diversification of rural territories in terms of decentralization. The application of the proposed methodological approaches to the analysis of the development of rural territories in the context of the implementation of the decentralization reform can serve as the basis for making informed decisions regarding the strategy of diversification of rural territories, increasing the competitiveness of rural consolidated communities. This is possible on the basis of the diagnosis of rural development and the identification of priority areas for economic activity for each of them, which should be the ground for implementation of modern regional policy in the context of decentralization of authorities.

scholarly journals Valuation and Recording the Value of Innovation Objects in the Accounting System

2020 ◽  
pp. 47-54
Author(s):  
N. OVSIUK
Keyword(s):  
Reporting System ◽  
Information Support ◽  
Accounting System ◽  
Effective Management ◽  
Insufficient Information ◽  
Economic Activities ◽  
Business Transactions ◽  
Management Of Innovation ◽  
Methodological Approaches ◽  
Business Entities

The problems of valuating and recording the value of innovation objects in the system of accounting and reporting are investigated. It is argued that one of the factors hindering the development of innovation is insufficient information support covering a set of primary and consolidated data, the organization of storage of accumulated information and methods of its presentation and transformation. The main valuation models used by business entities to include the value of innovation objects in the economic transactions are identified. It is established that the commercial use of innovation objects requires calculation of market or other value. The main methodological approaches to valuation of innovation objects  and their impact on the formation of the value of innovation objects are proposed, taking into account these objects’ characteristics, specifics of the economic activities in which they are exploited, and availability of information on a group of objects, which determines the choice of appropriate valuation approach. The ways of valuating innovation objects at company level are highlighted. Methodological approaches to recording business transactions with innovation objects in the accounting and reporting system are elaborated, which will contribute in the sound assessment of innovation objects and their correct recording in the accounting system of a business entity and ensure effective management of innovation.

scholarly journals Accounting and analytical support of internal management reporting on reclamation works

2020 ◽  
Vol 157 ◽  
pp. 04022 ◽  
Author(s):  
Guzaliya Klychova ◽  
Alsou Zakirova ◽  
Shaukat Khusainov ◽  
Angelina Dyatlova ◽  
Ullah Raheem ◽  
...  
Keyword(s):  
Comparative Analysis ◽  
System Approach ◽  
Economic Activities ◽  
Internal Management ◽  
Approach Method ◽  
Definition Of ◽  
Management Reporting ◽  
Production Problems ◽  
Practical Recommendations ◽  
Agricultural Organization

In modern conditions, the objective need for the functioning of an agricultural organization is to maintain management accounting and the formation of internal management reporting. The internal management reporting contains information that is used by the management of the organization in making informed operational and strategic management decisions. However, in developing the format of internal reporting there are problems with the definition of a set of indicators necessary to assess the effectiveness of financial and economic activities of the enterprise. The purpose of the article is to justify the theoretical provisions and development of practical recommendations for the development of accounting and analytical support for the formation of internal reporting on reclamation work. Objectives of the study: to study the theoretical aspects, methodological tools, to determine the stages of formation of internal management reporting, to develop forms of management reports containing basic indicators to assess the effectiveness of reclamation activities. When writing this article, such methods as analysis of scientific and theoretical sources, system approach, method of comparative analysis, generalization were used. The approach suggested by the authors to the formation of internal management reports allows to form a system of accounting and analytical information, which allows to solve organizational, economic and production problems arising in the process of managing the enterprise. The system of indicators, contained in the developed formats of management reporting, is a tool that characterizes the effectiveness of management.

scholarly journals METHODOLOGICAL APPROACHES TO THE EVALUATION OF THE EFFECTIVENESS OF PARTNERSHIP RELATIONS

2019 ◽  
Vol 5 (4) ◽  
pp. 42
Author(s):  
Nataliia Butenko ◽  
Kot Liudmyla
Keyword(s):  
Environmental Sustainability ◽  
Resource Constraints ◽  
Paper Analysis ◽  
Qualitative Assessment ◽  
Economic Activities ◽  
Methodological Approaches ◽  
Social Environmental ◽  
Partner Relations ◽  
Definition Of ◽  
High Level

The objective prerequisites for the transition from a strategy of confrontation to partnership relations in a competitive struggle for the consumer predetermine the need for a clear definition of such concepts as partnership relations and partner networks, since it is the partnership relations that provide market participants with more competitive advantages than they could have under condition of separate activities. The subject-matter of the study is a methodological solution to the problem of determining the effectiveness of establishing partnership relations and the formation of partner networks. After all, the effectiveness of the partner network can only be achieved if the effectiveness of the partnership relations is achieved. Therefore, the purpose of the article is to develop methodological approaches to determining the effectiveness of partner networks through the evaluation of partnership relations. In order to achieve this goal, the following research methods have been used in the paper: analysis and generalization of theoretical sources and scientific literature; abstract-logical method in the process of theoretical generalizations and formation of conclusions; prognostic and diagnostic; general scientific methods of analysis and synthesis. As a result of the research, the methodology of constructing a morphological matrix of the effectiveness of a partner network based on integrated indicators of the sustainability and reliability of partnership relations was proposed. In order to determine the components of sustainability, a methodology for calculating the integrated value of the sustainability index of the partnership relations is proposed. Herewith, five interrelated components are taken into account that are equally important for strategizing partnership relations such as economic, marketing, social, environmental sustainability, and also the sustainability of partner networks in general. The algorithm of quantitative and qualitative assessment of the reliability of partnership relations involves seven stages. In particular, the definition of requirements for the reliability of partnership relations within a certain partner network, the definition and adjustment of the indicators of the rating system of the reliability of partnership relations and their importance for the partner network, the formation of the rating of partnership relations by the values of the generalized index of reliability, rating partners within a specific partner network by the level of reliability. Therefore, the proposed expert methodical approach to the assessment of the reliability of partnership relations involves the calculation of three characteristics of reliability (partner, production and economic activities, partner network in general) and is an applied instrument set for a new solution to the scientific and applied problem in the area of formation and development of partner relations in the economy of Ukraine in order to ensure a high level of management of them in resource constraints.

scholarly journals Strategic approaches to business diversification

2019 ◽  
pp. 28-30
Author(s):  
Olena OLEINYKOVA ◽  
Mariia PANCHENKO ◽  
Yurii TYMKO
Keyword(s):  
Control System ◽  
The State ◽  
Market Development ◽  
Effective Management ◽  
Market Environment ◽  
Definition Of ◽  
Practical Recommendations

Introduction. Question of scientific ground of i creation of original, adapted to the home terms of menage, control system by strategies of diversification of activity taking into account the state of i tendencies of роз to the coil of market environment, and also strategic potential of enterprise remain decided not enough. Purpose. An aim of the article is an analysis and improvement of theoretical-methodic principles of forming and management of diversification of activity of enterprises strategies in the conditions of unstable market environment. Results. Reasonably modern approaches and practical recommendations aimed at determining the essence of the strategy of diversification of activity of the enterprise. The aspects of market development and possible ways of its diversification were identified in the article. Considered the definition of diversification proposed by various authors and identified the main reasons for making decisions about diversification of activity of the enterprise. Conclusion. The effective management of diversification of activity of enterprises strategies it follows to carry out on the basis of the worked out theoretic-metodic approach which provides the reasonable electing, after certain procedures, with application of elements of strategies, what adequate to the external terms and strategic potential of enterprise.

Sign in / Sign up

Export Citation Format

Share Document