Managing Methods Development for the Production Assets of Thermal Power Plants in Conditions of Insufficient Statistical Data

The paper is devoted to the proposal of a method for making managerial decisions on the replacement of production assets of TPPs in conditions of insufficient statistical data on failures and changes in the technical state of an equipment. It is proposed to use a probabilistic method to predict the period of replacement of production assets, based on the formation of a hypothesis about the law of distribution of equipment failures and its reaching the limit state, which determines the stock of possible operating time of a production asset. As an economic criterion for the period of replacement of a production asset, the use of an indicator of production profitability is considered, the advantage of which is the ability to make a decision to change equipment before the expiration of the life resource in the event of an unsatisfactory economic result of its operation, which is critical in solving the problem of ensuring the economic sustainability of TPPs. In the absence of an investment resource for the replacement of a production asset, it will be possible to recommend the conservation of an ineffective asset, which will minimize economic losses.

EVOLUTION OF SCIENTIFIC THOUGHT ABOUT THE ESSENCE OF DEPRECIATION AND ITS SIGNIFICANCE IN THE DEPRECIATION POLICY OF THE ENTERPRISE

The article examines the economic category of “depreciation” in the works of scientists and regulations: different positions, approaches, concepts, aspects and options. The main shortcomings about the role of depreciation in modern business conditions are emphasized: 1) neglect of the importance of the process of depreciation of fixed assets in the enterprise; 2) mixing the concepts of “depreciation”, “depreciation deductions”, “wear”; 3) appropriation of depreciation of functions not peculiar to it. There are eight main positions in the works of scientists about the economic essence of depreciation, but none of these positions corresponds to the role of depreciation in modern conditions. The main approaches to the interpretation of depreciation by scientists are as follows: 1) depreciation – a monetary expression of depreciation of fixed assets; 2) depreciation – the process of transferring the cost of depreciation of fixed assets to the cost of production; 3) depreciation – the method of accounting; 4) depreciation – an investment resource and a means of accumulating funds for further renewal of means of labor. The variety of approaches to the interpretation of the term “depreciation” made it possible to systematize and combine certain approaches in the concept of depreciation. The main conceptual and specific approaches the author considers the legislative, classical, including economic and accounting, as well as tax. The classical approach is based on the concept of depreciation and impairment of fixed assets, reimbursement of their value and reproduction. Based on the analysis of concepts and aspects of depreciation, a new approach to determining the nature of depreciation under market conditions has been formed.. Today, depreciation of fixed assets is an interactive tool for strategic management and optimization of the tax potential of the enterprise

Models on Teaching Effectiveness in Current Scientific Literature

Knowing what defines ‘effective teaching’ contributes significantly to the appropriateness and validity of the instruction provided to pre-service teachers during their initial training. This may help them to perform as expert teachers before finishing their university training. This study aims to reflect upon the most significant models and theoretical contributions of each of the five most common methods for investigating teaching effectiveness in the current scientific literature. To that end, the main scientific sources within this field of study have been obtained on the Internet through the Web of Science (WoS), Scopus and ERIC. The sources were selected for their relevance to the topic, which was determined by assessing the citations generated by the academic works and the impact of the journals in which they were published. The results show that the key and most central factor salient in teaching quality is related to the teachers themselves and their training. Thus, any educational model that seeks educational excellence must focus foremost on ensuring care and respect for teaching professionals, beyond economic investment, resource availability, or any other factors.

SCENARIO STUDY OF INVESTMENT RESOURCE FLOWS FOR THE DEVELOPMENT OF ENTERPRISES AND ENTREPRENEURSHIP

The study considers the issues of mobilizing investment resources of enterprises and business structures, highlights the factors that determine the need for an active technical policy in the modern digital economy. The lack and limitation of investment resources for production purposes in the necessary volumes, under favorable conditions for the provision of borrowed funds, is observed throughout the entire post-reform period of the development of the Russian economy. For the purposes of accelerated modernization, it is necessary to increase the scales of generation of all types of investment resources of enterprises, both own and borrowed, in order to ensure expanded reproduction of promising products on a new technical and technological basis. The purpose of the study is to study possible options for the formation of own investment resources of enterprises and business structures, ensuring their relationship with macroeconomic conditions, the need for borrowed funds, with the most important indicators of the efficiency of the enterprise. The methods of logical analysis, meaningful economic interpretation of economic and managerial phenomena in the environment of investment activity of enterprises, analysis of cause-and-effect relationships in the system of organization of technical development of the enterprise were used in the work. As a result, the study proved the hypothesis that depreciation and net profit can serve as a significant source of investments at enterprises, and proper management of the formation and use of the depreciation fund and the accumulation fund, when there are favorable macroeconomic factors, can significantly increase the share of enterprises ' own funds in their investments. It is proposed to carry out regular management of the depreciation fund and the movement of the accumulation fund for the entire period of the useful life of fixed assets. If this work is not carried out in some periods (years), this significantly reduces the possible share of own funds in investments and increases the need for borrowed funds, increases operating costs.

INFLUENCE OF MANAGEMENT ON DEBT CORPORATE POLICY

The author considers features of influence of finance solutions of management of the Russian public companies on debt policy. In a research are included indicators of internal growth and dividend payments by means of which it is possible to estimate corporate financial policy. Internal growth is the indicator of regulation of debt strategy, the including mechanism of precautionary motive. The dependence of the share price on the market value of assets defines installation of communication between the economic interests of shareholders and finance solutions of management. The indicator of dividend payments allows to estimate influence of external negative effects (shocks) on behavior of investors at profit assessment. Increase in dividend payments is connected with their financing from an external source. Management works in logic of precautionary motive, keeping a part of profit for further debt repayment before creditors. The management of the Russian companies not only influences the share price, but also regulates the level of a debt load. The company can use dividend payments on reinvestment of assets (as an investment resource). The author shows as the Russian public companies, solve a problem of adverse selection, switching to cheaper financing sources. The value of a debt is connected with the level of investment into the company. Pledge (property providing) is a guarantee for creditors. As, getting access to debt financing, the company provides to the creditor the complete information about property, thereby, reducing the risks connected with attraction of a debt. The Russian public companies react to changes of debt increase in value of size of assets that will be approved with recapitalization of the company (change of the capital structure due to debt increase and its use for dividend payouts to shareholders).

Economic and Mathematical Modeling of the Innovation Process in the Agro-Industrial Sector

Modern scientific research in the agro-industrial sphere is increasingly based on various mathematical calculations. In practice, it is economic and mathematical models that are of particular importance. These methods and approaches have gained particular value and distribution in the production environment, but in modern conditions of production and economic activity, more and more sectoral economic entities are faced with the application of mathematical models in order to improve the efficiency of investment resource management.

ANALYSIS OF DEPOSIT PORTFOLIO FORMATION OF A COMMERCIAL BANK

The main part of the bank's resources is formed by attracting customers' funds to deposit accounts, and their amount, in turn, depends on the effectively planned policy of the bank. The possibility of active operations depends on the volume and structure of borrowed funds by a banking institution. In the context of financial and economic and pandemic crises, the analysis of the structure of attracted resources becomes important, namely: the formation of the deposit portfolio of commercial banks, taking into account the use of long-term deposits as a future investment resource. The essence and significance of deposit activity of a commercial bank are analyzed. The peculiarities of the formation of the deposit portfolio of a commercial bank are determined. The financial and economic indicators of the deposit activity of the First Ukrainian International Bank Joint-Stock Company are analyzed. The analysis of the bank's deposit programs was performed.

The analysis of factors affecting the household savings as a part of food security management

Ensuring household food security should be a priority goal of state policy. The level of ensuring household food security reflects the state of the country's economic development and the effectiveness of agricultural policy. Household food security is achieved by ensuring a high level of purchasing power of households, which is possible by increasing income. Savings are the “safety cushion” for households during the financial and economic crisis caused by the coronavirus pandemic. The level of household savings is important both for the households themselves and for the country's economy, since savings, on the one hand, help to avoid hunger during crises, and, on the other hand, are an important investment resource for the country's economy. That is why assessing the level of household savings and identifying factors affecting savings are important aspects of building an effective government policy in the field of food security.

FORMATION OF THE CONCEPT OF ECONOMIC CATEGORY "PERSONAL SAVINGS FOR INNOVATIVE ACTIVITIES INVESTMENT”FORMATION OF THE CONCEPT OF ECONOMIC CATEGORY "PERSONAL SAVINGS FOR INNOVATIVE ACTIVITIES INVESTMENT”

The article is devoted to the formation of concept "personal savings", which includes the main classification criteria. Problems associated with appraising the significance of personal savings as an investment resource for innovative activities were considered. Studies of economists and scientists in the field of "personal savings" were analyzed, and the main approaches to this category were defined. The theoretical concept of "personal savings", which reflects the use of this category for the resource base of investment in innovative activities of various business entities, was proposed.

Peculiarities of research and formation of consumption and savings of the rural population

The article considers the features of research and collection of statistical and analytical information on the total expenditures of households, in particular the level of their consumption and savings. It has been stated that households have not been given due attention in the economic sphere for a long time, although they are integral subjects of the economic system. This still affects the quality of the information received and, accordingly, the conclusions and recommendations. Emphasis is placed on sufficient periodicity, the existence of alternative surveys, in addition to the State Statistics Committee of Ukraine. At that time, attention was paid to a significant proportion of inaccuracies, as households are not responsible for the inaccurate data provided. One of the psychological reasons is the unwillingness to show the true amount of income, because you have to pay taxes. And the culture of a bona fide taxpayer in the majority of the population is not yet fully formed. The Strategy for the Development of the Financial Sector of Ukraine until 2025 is considered. Improving the financial literacy of the population is one of the priority tasks of business and education. In order to rationalize their expenses, household members must have information about their structure. An approximate scheme for improving the financing of rural areas is given. It is emphasized that rural households have a high level of savings and these resources can become a powerful investment resource for regional development. The share in financing the cooperative (basic economy) can also be borne by the local population. This is an opportunity to receive income from their savings and improve the economic and social condition of their own locality. Ways of activating investment activity of the rural population are given. Only by learning to build their consumer spending wisely will households be able to increase some of their savings, thus ensuring their well-being, which is part of the stability of Ukraine's financial and economic system as a whole.