Evaluating the development of electronic payment means in Russia

2020 ◽  
Vol 26 (6) ◽  
pp. 1264-1282
Author(s):  
A.L. Kara-ool ◽  
A.I. Shmyreva
Keyword(s):  
Financial Institutions ◽  
Methodological Approach ◽  
Regional Level ◽  
Theory And Practice ◽  
Electronic Payment ◽  
National Bank ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Tyva Republic ◽  
Central Department

Subject. The article presents the methodological approach to evaluating the development of electronic means of payment. Objectives. We formulate the methodological approach to evaluating the development of electronic means of payment. Methods. We apply methods of statistical analysis, abstraction, induction, analysis ans synthesis. The methodological and theoretical framework comprises proceedings of the Russian scholars on the theory and practice of cashless payments. Results. The article sets forth the methodological approach to evaluating the development of electronic payment means. We devised metrics describing the development of electronic payment means. The findings are applied by the Ministry of Finance of the Tyva Republic, and the Department of the National Bank for the Tyva Republic – the Central Department of the Central Bank of the Russian Federation. Conclusions and Relevance. The findings can serve for improving cashless payments at the regional level or nationwide. The conclusions and methodological approach are practicable for the theory of cashless payments and operations of national financial institutions.

Use of electronic payment facilities: A case study of the Siberian Federal District regions

2021 ◽  
Vol 27 (5) ◽  
pp. 964-997
Author(s):  
Ayana L. KARA-OOL ◽  
Aleksandra I. SHMYREVA
Keyword(s):  
Methodological Approach ◽  
Federal District ◽  
Electronic Payment ◽  
Siberian Federal District ◽  
National Bank ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Tyva Republic ◽  
Case Study Methods

Subject. This article assesses the development of electronic payment facilities in the context of the declining regional coverage of commercial bank offices. Objectives. The article aims to test a methodological approach to assessing the development of electronic payment facilities, considering the regions of the Siberian Federal District as a case study. Methods. For the study, we used the methods of statistical and comparative analyses. Results. The developed methodological approach to assessing the development of electronic payment facilities has been tested using the information data of the Siberian Federal District regions. The article describes the criteria for the development of electronic payment facilities. Relevance. The findings and proposed methodological approach can be used in the development of the theory of non-cash settlements, as well as in the practical activities of the country's financial institutions. The results of the study are applied by the Ministry of Finance of the Tyva Republic and by the Division – National Bank of the Tyva Republic of the Siberian Main Branch of the Central Bank of the Russian Federation.

REGULATION OF BUDGET REVENUES AND EXPENDITURES OF THE REGION: ASPECTS OF IMPROVING PUBLIC FINANCES AND EQUALIZING INTRA-SUBJECT BUDGETARY SUFFICIENCY

2020 ◽  
Vol 1 (11) ◽  
pp. 97-102
Author(s):  
E. S. ALIEV ◽  
Keyword(s):  
Russian Federation ◽  
Regional Level ◽  
Budgetary Process ◽  
Public Finances ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Regional Budgets

The article systematizes the problem of regulating the income and expenditure of regional budgets, clarifies its forms and methods, comprehends budgetary relations in the regions from the standpoint of choosing the criterion of expediency, balance and consolidation of the tasks to be solved on the basis of agreements on interaction between the Ministry of Finance of the Russian Federation and the regions. This aspect examines issues related to the current and long-term balance of budgets in terms of income and expenditure. At the same time, it is noted that the budgetary process at the regional level embodies not only the unity of the emerging revenues and expenditures of the budgets, but also the prescription of the target settings, which is required to be implemented in a particular year in their implementation.

International standards on auditing: theory and practice

2020 ◽  
Author(s):  
Larisa Voronina
Keyword(s):  
Higher Education ◽  
Russian Federation ◽  
Theory And Practice ◽  
International Standards ◽  
Federal State ◽  
Professional Standard ◽  
Educational Standard ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
State Educational

The textbook is designed for a detailed study of the system of International standards of auditing (ISA). The illuminated structure of the system of MSA and standards, disassembled terminology and application of standards. Considered in detail the content of all ISAS, introduced in territory of the Russian Federation from February 12, 2019. (order of the Ministry of Finance of Russia from 09.01.2019 No. 2H). The content of the textbook and generated the results of its study of the professional competencies match the requirements of the Federal state educational standard of higher education of the latest generation and the national professional standard "the Auditor". For students, bachelors, undergraduates, postgraduates and teachers of economic universities and faculties, students of the program of preparation for the qualification exam for obtaining the certificate of the auditor, a professional accountant and also auditors, accountants, economists, lawyers and heads of organisations or improving qualification.

Updating the methodology for providing incentive subsidies to depressed agricultural regions

2020 ◽  
Vol 19 (12) ◽  
pp. 2210-2224
Author(s):  
V.M. Sharapova ◽  
T.N. Medvedeva ◽  
E.A. Farvazova
Keyword(s):  
Russian Federation ◽  
Agricultural Sector ◽  
Methodological Approach ◽  
State Regulation ◽  
The State ◽  
State Support ◽  
Agricultural Producers ◽  
The Russian Federation ◽  
Depressed Regions ◽  
Agricultural Regions

Subject. The article considers a procedure for calculating and distributing State support to depressed agricultural regions in the framework of a new type of budget financing, i.e. compensating and stimulating subsidies. Objectives. The purpose is to evaluate the efficiency of the system of State regulation of agribusiness in a depressed region, determine the priority of modern methods of budgetary support from the State, improve the methodological approach to the distribution of State aid among subjects of the Russian Federation with low level of socio-economic development. Methods. The study draws on the abstract and logical method, methods of statistical analysis, grouping, comparison, and generalization. Results. We realized the objectives of the study, using the agricultural producers of the Kurgan Oblast case. The paper analyzes the condition of agricultural sector in the depressed region, assesses the State support system efficiency for the agricultural sector of the Trans-Ural region, considers government measures related to the regulation of the economy of backward regions. It presents an updated method of budget financing within an incentive subsidy by clarifying the calculations and introducing an additional indicator that reflects the level of remuneration of regional agricultural producers. Conclusions. The updated calculation methodology for incentive subsidies to depressed regions enables to build a certain economic rating of ten depressed regions of the Russian Federation, taking into account not only the volume of production and employment, but also the level of wages of agricultural workers.

A comparative analysis of financial awareness of the Northwestern Federal District population

2020 ◽  
Vol 18 (3) ◽  
pp. 474-491
Author(s):  
G.V. Belekhova
Keyword(s):  
Comparative Analysis ◽  
Financial Literacy ◽  
Federal District ◽  
Population Based ◽  
District Population ◽  
The Family ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Financial Awareness ◽  
Competence System

Subject This article deals with the issues of determining the level of financial literacy, identifying problems, and comparing the financial literacy rates of the population of different areas. Objectives The article aims to identify territorial differences in the overall level of financial literacy of the population of the Northwestern Federal District regions and study the prevalence of problems related to the family budget, using financial products, and risk. Methods For the study, we used a sociological survey and an original methodology for indexing the level of financial literacy of the population based on the methodology of the Organization for Economic Cooperation and Development, taking into account the adults' financial competence system proposed by the Ministry of Finance of the Russian Federation. Results The article determines the level of financial literacy of the Northwestern Federal District population and identifies similar problems for the District's regions. Conclusions A comparative analysis of the components of financial literacy of the four regions reveals the strengths and weaknesses of each of them. This will help adjust financial literacy programmes being implemented in some regions and developed in others.

Assessment of changes in the application of the accounting regulation pbu 18/02 “Аccounting for income tax calculations” since 2020

2020 ◽  
pp. 10-24
Author(s):  
Irina Selezneva ◽  
Irina Selezneva ◽  
Elena Shlyapnikova
Keyword(s):  
Income Tax ◽  
Financial Statements ◽  
Accounting Data ◽  
Current Income ◽  
Accounting Regulation ◽  
New Concepts ◽  
Net Profit ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Tax Payers

The article assesses the changes made by the Order of the Ministry of Finance of the Russian Federation dated 20.11.2018 No. 236n v PBU 18/02 “Accounting for settlements with the budget for income tax”. The application of the new norms of PBU 18/02 is mandatory for corporate income tax payers with accounting (financial) statements for 2020. The essence of the problem is that the updated PBU 18/02 contains new concepts, new calculations of indicators necessary for reflection in accounting and accounting (financial) statements. The article consists of six parts, beginning with an introduction and ending with conclusions. The introduction substantiates the relevance of the study. At the beginning of the article, the purpose and objectives of the research are defined, as well as the materials, methods and conditions for conducting the research. The results of the study and their discussion are presented below. In the article, the authors highlight the problem of transition from the previously existing norms of PBU 18/02 to the new norms applied from 2020. The main part compares the concepts and indicators used in 2019 and 2020 in accordance with the requirements of PBU 18/02. The article also addresses the issues of evaluating work in progress in accordance with the requirements of regulatory legal acts in the field of accounting and taxation. The procedure for applying the norms of PBU 18/02 is shown on a specific example and the calculation procedures made that justify the occurrence of temporary differences that lead to the recognition of deferred income tax, as well as conditional income tax expense and current income tax on the accounting accounts. For clarity and comparison, the indicators for the application of PBU 18/02 in 2019 and 2020 are presented in the tables. In addition, the tables show the schemes of accounting transactions for accounting calculations with the budget for income tax in two ways to determine the current income tax: based on accounting data and based on tax Declaration data. Having considered a specific example of the procedure for applying the norms of PBU 18/02 in the version up to 2020 and in the current version from 2020, the authors conclude that changes in the procedure for identifying temporary differences do not mean a change in their value and the value of net profit

The Random Forest Method in Research of Impact of Macroeconomic Indicators of Regional Development on Informal Employment Rate

2020 ◽  
Vol 27 (6) ◽  
pp. 37-55
Author(s):  
E. V. Zarova ◽  
E. I. Dubravskaya
Keyword(s):  
Random Forest ◽  
Regional Development ◽  
Russian Federation ◽  
Regional Level ◽  
Informal Employment ◽  
Macroeconomic Factors ◽  
Random Forest Method ◽  
Macroeconomic Indicators ◽  
The Russian Federation ◽  
The Impact

The topic of quantitative research on informal employment has a consistently high relevance both in the Russian Federation and in other countries due to its high dependence on cyclicality and crisis stages in economic dynamics of countries with any level of economic development. Developing effective government policy measures to overcome the negative impact of informal employment requires special attention in theoretical and applied research to assessing the factors and conditions of informal employment in the Russian Federation including at the regional level. Such effects of informal employment as a shortfall in taxes, potential losses in production efficiency, and negative social consequences are a concern for the authorities of the federal and regional levels. Development of quantitative indicators to determine the level of informal employment in the regions, taking into account their specifics in the general spatial and economic system of Russia are necessary to overcome these negative effects. The article proposes and tests methods for solving the problem of assessing the impact of hierarchical relationships on macroeconomic factors at the regional level of informal employment in constituent entities of the Russian Federation. Majority of the works on the study of informal employment are based on basic statistical methods of spatial-dynamic analysis, as well as on the now «traditional» methods of cluster and correlation-regression analysis. Without diminishing the merits of these methods, it should be noted that they are somewhat limited in identifying hidden structural connections and interdependencies in such a complex multidimensional phenomenon as informal employment. In order to substantiate the possibility of overcoming these limitations, the article proposes indicators of regional statistics that directly and indirectly characterize informal employment and also presents the possibilities of using the «random forest» method to identify groups of constituent entities of the Russian Federation that have similar macroeconomic factors of informal employment. The novelty of this method in terms of research objectives is that it allows one to assess the impact of macroeconomic indicators of regional development on the level of informal employment, taking into account the implicit, not predetermined by the initial hypotheses, hierarchical relationships of factor indicators. Based on the generalization of the studies presented in the literature, as well as the authors’ statistical calculations using Rosstat data, the authors came to the conclusion about the high importance of macroeconomic parameters of regional development and systemic relationships of macroeconomic indicators in substantiating the differentiation of the informal level across the constituent entities of the Russian Federation.

ORGANIZATION OF INTERNAL CONTROL IN A REMOTE WORK ENVIRONMENT

2020 ◽  
Vol 3 (8) ◽  
pp. 73-79
Author(s):  
NGUYEN THI HA MY ◽  
Keyword(s):  
Control System ◽  
Work Environment ◽  
Internal Control ◽  
Business Processes ◽  
Rapid Development ◽  
Remote Work ◽  
Use Of Technology ◽  
Internal Control System ◽  
The Russian Federation ◽  
Ministry Of Finance

With the rapid development and widespread use of technology, business processes are being transformed. One of the consequences of the implementation of technologies into the business is the partial transition to remote work, which made it necessary to reflect the corresponding changes in the internal control system (IC). The article is devoted to the analysis of the main shortcomings identified during the transition to the remote mode, in response to which measures are proposed to adapt the IC to the conditions of remote work. Identifies the following areas for improvement of the internal control system. In response to the identified areas successful practical examples are analyzed and potential measures are proposed in the context of the elements identified in the COSO conceptual framework and methodological documents of the Ministry of Finance of the Russian Federation.

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