Actual problems of Economics and Finance: Abstracts of VІIІ International scientific-practical conference (Kyiv - St.Petersburg - Vienna, January 31, 2017)
Actual problems of Economics and Finance: Abstracts of VІIІ International scientific-practical conference (Kyiv - St.Petersburg - Vienna, January 31, 2017)
Actual problems of Economics and Finance: Abstracts of VІIІ International scientific-practical conference (Kyiv - St.Petersburg - Vienna, January 31, 2017)
Actual problems of modern science: Abstracts of XVІ International scientific-practical conference (St. Petersburg - Astana - Kyiv - Vienna, January 30, 2017)
Actual problems of modern science: Abstracts of XVІ International scientific-practical conference (St. Petersburg - Astana - Kyiv - Vienna, January 30, 2017)
Actual problems of modern science: Abstracts of XVІ International scientific-practical conference (St. Petersburg - Astana - Kyiv - Vienna, January 30, 2017)
Summary: The basic approaches to essence of concept "competitiveness of the banking product" and the basic provisions of formation of the system of management of competitiveness of banking products.
Key words: banking product, banking product competitiveness, management competitiveness of banking product.
Annotation: This paper describes the point and trends of universal excise taxes in Ukraine and in the world. The benefits and drawbacks of excise taxation are defined. It describe the development of universal excise tax in Ukraine and in the world.
Key words: direct taxes, indirect taxes, excise tax, excise universal, specific excise, VAT.
Actual problems of modern science: Abstracts of XVІ International scientific-practical conference (St. Petersburg - Astana - Kyiv - Vienna, January 30, 2017)
Actual problems of modern science: Abstracts of XVІ International scientific-practical conference (St. Petersburg - Astana - Kyiv - Vienna, January 30, 2017)
Summary: This article explores the main approaches to understanding the essence of the method of cluster analysis, the sequence of its procedures, clustering algorithm of a debtor company, described in detail its steps, made cluster grouping based on the coefficient of reliability of troubled debtors. The results of the analysis of the proposed methods for optimizing receivables.
Key words: cluster analysis, cluster, receivables management, receivables.
Summary: The main criteria and elements of financial liberalization are under consideration. The foreign experience of financial sector liberalization is generalized. The study highlights the main lessons of the capital account liberalization.
Key words: financial liberalization, capital account, background, sequence, reform, movement of capital.
Annotation. The article indicates the need for the introduction of new evidence - based enterprise management and implementation of the concept of crisis management firm on the basis of innovative management activities.
The essence of the crisis of financial management as a component of the overall management of the company and as an integrated system, which consists of principles, methods development and implementation of a set of special management decisions. Obtained goal of crisis management tasks, which will help to achieve it and the principles that underpin the implementation of anti-crisis measures. Dedicated principles such as the principle of preventive action, and constant readiness to respond, urgency and adequacy of response, a comprehensive solution that alternative courses of action and management adaptability, prioritizing the use of internal resources, optimization of external rehabilitation and the principle of effectiveness. The most important principle of crisis management strategy is the principle of preventive action and response preparedness, for which there is a need to monitor the internal and external environment for early detection of threats to the crisis. The main tools at the same time performs diagnostics. It presents two major diagnostic systems, namely: express - diagnostics and basic diagnostics. We characterize the objects of monitoring the current financial performance of the enterprise and presented the indicators by which to assess the threat of financial crisis. The selected group of factors required for the fundamental diagnostics, namely: external (exogenous) and internal (endogenous).
The study presents the author's view of the mechanism of crisis management, it defined its essence and components, described the sequence of phases of crisis management in the enterprise.
The importance of today becomes the innovative activity of the enterprise, especially with respect to strategic innovation management. The study noted that in the crisis management system have the greatest impact dynamic innovations, namely: process engineering, food, reorganization. It was concluded that the most important task of the anti-crisis policy of the enterprise becomes a strategic management of innovation, implementation of which depends largely on the quality innovation solutions possible to find solutions that will be able to economically and organizationally to achieve this goal..
Key words: anti-crisis financial management, preventativni action mechanism of crisis management, diagnostics of the financial crisis, the express train - diagnostics, fundamental diagnostics, innovation.
Annotation: The article deals with the various forms which money acquired during their evolution. The article presented basic properties and types of money.
Keywords: money, fiduciary money, commodity money, fiat money, cash, commercial bank money.
Summary. In the article it is grounded the need of internal control implementation in public authorities: prevalence of centralized model of public internal financial control with elements of decentralized; extremely low level of financial discipline in the budgetary sphere and the public sector of economy. Also the need of procedures for compensation for finances loss establishing, because it is one of the most important features of readiness of the country – a candidate for EU membership.
Recent researches and publications are analyzed, it clearly demonstrates wide enough elaboration of this issue but also lack of researches on the essential and content characteristics of the internal control system, differences in terminology definitions.
It is established that control is the source of information about social processes for programs and models adaptation or programs and models of further development selection. Also, it is one of the most important ways to get objective information about the society livelihoods in general, and on specific political, economic and social processes in the country.
It is determined that in the process of public authorities functions realization in conditions of global challenges, restructuring of established rules for its functioning, uncertainty factor increases, it requires consideration of nowadays risk factors and challenges. The essential characteristic of the concept of “control” is its understanding as the system of observation, evaluation and monitoring, audit and performance discipline verification, administration quality, efficiency of budget funds use, effectiveness of administrative decisions and public services quality, realization of programs, plans, strategies, accordance its results with established goals and spent resources, and also national legislation compliance condition.
It is ascertained that for the creation of the effective internal control system in public authorities a number of regulations, which define the basic principles of its implementation, reforming task, strategic directions and main stages of development are developed and approved. In accordance with these documents the essence of internal control consists of such elements: control environment; risk assessment; controlling activities; information and information exchange; monitoring.
Fundamental difference in terms of “internal control” and “internal audit” is specified. It is determined the essence and content characteristics of the internal control system, which includes: subjects (departments of internal control, internal audit and harmonization of internal audit); objects (processes, resources, results of activities); subject; control environment; risk evaluation system; control procedures; accounting system; monitoring; system of authorized access to appropriate information and communication.
The recommendations for effective internal control system in public authorities’ organization are given: it is necessary to create the predictable model of the process, which is controlled, to identify tasks and indicators of its measuring for each process that is controlled and to specify the measures. And, of course, to provide internal control subjects with unrestricted access to the information and documents, to give them appropriate rights and the opportunity to publicize through the media the control activities results, that helps to form personal liability of public officers.
Keywords: public authorities, the internal control system, internal control, internal audit, monitoring, efficiency, administrative decision, administration.
Summary: The basic aspects of the strategic analysis of the agricultural sector of Poltava region. The analysis of strengths and weaknesses identified components of the development strategy aimed at ensuring agricultural competitiveness and prospects for future development.
Key words: strategy, strategic management, agriculture, SWOT - analysis, profitability.
Summary: This paper describes the point and trends of universal excise taxes in Ukraine and in the world. The benefits and drawbacks of excise taxation are defined. It describe the development of universal excise tax in Ukraine and in the world.
Key words: direct taxes, indirect taxes, excise tax, excise universal, specific excise, VAT.
Summary: Theoretical and practical aspects of tax regulation as a part of an integrated approach aimed at fiscal consolidation were substantiated to identify the ways to improve laws and regulations in the fiscal policy of Ukraine.
Key words: fiscal consolidation, public finances, public debt, budget receipts and outlays, taxes, tax regulation, tax burden, discretionary fiscal policy.
Summary. Theoretical substantiation and practical development of tools for structural reproduction of resource potential. Researched and analyzed methods of evaluating the effectiveness of using resource potential at enterprises. Considers performance indicators and parameters for quality evaluation of components of resource potential of the enterprise.
Key words: resource potential, methods for assessing resource potential, resource efficiency indicators of the company.
Abstract: The endless global crisis which is continuing to have enormous effects in many economies, in particular in the EU, open a wide debate regarding the necessity to rethink our economic model based on the paradigm “take-make-dispose”, in order to garantee a stable,efficient ans sustanable growth. The new model individuated is that of “circular economy” based on the paradigm of reuse the existing resources by closing the production loop.
Such model will garantee saving of resources, economic growth, reduction of negative externalities and inderectily geoeconomic and geopolitic stability.
Keywords: Circular economy – linear economy – resources – EU – Russia – new industrial revolution – economic growth – value creation – GDP – closing the loop – efficiency – price volatility – externalities – finance.
