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Economic policy and financial resources

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Vol 2, No 4 (2023)
View or download the full issue PDF (Russian)

REGIONAL AND SECTORAL ECONOMY

10-18 115
Abstract

The article discusses the actual problems of implementing the basic principles of sustainable development of the territory. In this regard, the issue of ensuring the long-term sustainability of the territory was considered. Accordingly, the key task facing the state authorities is the balanced socio-economic development of the Russian regions. This undoubtedly determines the need for the formation of new mechanisms for the transformation of regional ecological, socio-economic systems that ensure the sustainability of their development. In this case, the implementation of the concept of sustainable development of territories fully meets the objective challenges of the time, and decisively contributes to determining the priorities of regional development.

18-34 156
Abstract

The high dynamism, complexity, diversity, and inconsistency of the current stage of development of the world economy and the economies of all countries, which are inevitably interconnected, raise the question of the inextricable link between the problem of economic transformation and the resulting structural changes in labor markets. The transformation of the economy at all levels at the present stage is due to a change in the technological structure and the introduction of digital technologies into all spheres of the economy. In this regard, there is a need to define the digital economy as a category, to determine the main characteristics of industrial relations that are formed in its contours, and to clarify the trends in resolving structural contradictions in the labor market, which are inevitably caused by a change in the nature of industrial relations.

MANAGEMENT

36-42 116
Abstract

Developing a financial strategy for a modern company is one of the main directions for increasing business performance. Effective implementation of the financial strategy ensures an improvement in the structure of the company’s funds and their sources. To maintain its position in the market, a company must constantly study the factors shaping its financial strategy. The article analyzes the financing methods used in the formation of financial strategies of the organization. The choice of financial strategy occurs as a result of a multidimensional assessment of the company’s environment and is a consequence of the company’s position in its environment, its competence, market situation and level of awareness of this situation, predicted directions of changes in the company’s environment and the level of risk appetite.

43-53 115
Abstract

Qualification and professionalism of personnel is a guarantee of the quality of activities of any organization. Modern companies and organizations are interested in the development and professionalism of their employees therefore they attach great importance to the development of the personnel reserve. Let us consider in general terms the current stages of personnel formation and the goals of creating a personnel reserve.
A shortage of manpower significantly reduces the efficiency of an organization. In most cases, organizational leaders underestimate the need to create human resources, which leads to failure to achieve the goals and strategic objectives of the organization. Creating a personnel reserve is a complex and costly task.

54-63 95
Abstract

The article presents the characteristics of a modern leader and the criteria of team building, analyzes the achievements of effective teamwork led by the leader, based on his key competencies. Despite the digitalization of society, the widespread introduction of artificial intelligence, the human resource in modern society is one of the main competitive advantages in any company, region and country as a whole. In the current circumstances, the key task for a leader is to form a strong team of like-minded people who will move in the same direction and help the company scale.

64-73 127
Abstract

The difficult situation of the domestic and international economic system, its variability and instability create certain risks. These conditions create risks for the effective functioning and development of enterprises. At the same time, modern factors contribute to the certainty and predictability of external conditions, while they enhance the impact of internal organizational factors that are directly related to the qualitative characteristics of employees and the effectiveness of the enterprise’s management system. The lack of scientifically based methods for identifying, analytical approach, assessing and managing risks in the activities of enterprise employees determines the relevance of the chosen topic.
The article states that the performance of an enterprise depends on the competence of its administration to regularly monitor and take into account various internal and external risk-generating conditions in the management system, which affects the state of the company’s competitiveness in the market.

74-81 78
Abstract

Risk management in personnel management is a rather complex process that has not yet found an accurate and complete description in the works of researchers. One of the concepts provides for the following stages of the personnel management process: preparatory, analytical, planning, organizational and control stages.
The article analyzes the methodology for assessing personnel risks, which require a new rethinking within the framework of the uncertainty of the development of the economic system.
One of the measures to improve risk management in personnel management, as a methodology for assessing personnel risks, will reduce the likelihood of a number of risks arising in personnel management. All this will lead to a number of social and economic effects in the company. In this regard, we consider the implementation of the proposed measures to be cost-effective and necessary.

82-88 154
Abstract

The key aspects that an organization studies within economic relations are the market and competitors. Organizations analyze the supply and demand for goods and services to determine their competitive position. They study market share, trends, and trends to adapt their strategy and stay relevant.
Competitive analysis allows an organization to identify its main competitors, their strengths and weaknesses. This helps in developing effective marketing strategies to attract more customers and retain them. Organizations also study competitors to understand their pricing, marketing activities and innovations to stay one step ahead.

ACCOUNTING AND MANAGEMENT ACCOUNTING

90-104 165
Abstract

The process of accounting (budget) accounting in the public sector of the economy is in continuous transformation. Every year, many legislative changes are made to the accounting procedure and the preparation of financial statements. One of the sections of accounting that is of particular interest to accountants of government institutions is the accounting of transactions for authorizing budget expenditures, which has been conducted since 2004 after the approval by the order of the Ministry of Finance of Russia of the relevant Instruction with subsequent additions made to it. The article reveals the current state and assesses the current practice of authorizing expenditures of government institutions.

105-115 112
Abstract

The current economic and political situation, which has developed against the backdrop of the restrictive practices of Western countries in relation to Russia, leads to the fact that processes are taking place in the Russian financial market that require more careful control of banking activities, given that under the conditions of sanctions, achieving high efficiency of banking activities depends on the steady compliance with the methodological principles of auditing activities, giving the bank reliable guidelines in terms of existing problems and achievements. The lack of a well-functioning internal audit system causes unjustified losses and reduces the overall efficiency of the bank. At the same time, the practice of auditing in foreign countries shows that the formation of methodological foundations for auditing allows banks not only to increase the efficiency of audits, but also to achieve high financial and economic indicators, and increase the level of competitiveness through the introduction of progressive management elements. The article discusses the basic principles of internal audit, aspects of ensuring its independence and objectivity, and reviews the regulatory framework for internal audit. In addition, an assessment is made of the methodological support for internal audit activities in financial and credit organizations, and ways to solve existing problems are identified.



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