|
CORPORATE FINANCE
Forecasting cash flows using the annuity transformation method
Sagadeev R.A., Candidate of Technical Sciences, Associate Professor, Chief Expert of the Center for Construction Production and Integrated Safety of Construction Objects, Institute of Construction and Housing and Public Utilities, GASIS, National Research University
Higher School of Economics, Moscow, Russia
Annotation. The article deals with the forecasting of cash flows of investment projects by the method of transformation of annuities. The methodology for the formation of cash flows equivalent in terms of the internal rate of return, focusing on transformation points, is described. The sequence of building a basic model and a forecasting model of cash flows is shown. Examples are presented that illustrate the stages of forecasting conventional and unconventional cash flows in the process of implementing investment projects. The feasibility of using the method of transforming annuities to forecast cash flows based on data on actual cash inflows and outflows with the aim of identifying the most rational options for the implementation of investment projects in the face of uncertainty is substantiated.
Keywords: conventional and unconventional cash flows, internal rate of return, basic model, forecasting model, transformation points, lines of interaction, equivalent cash flows.
References
1. Birman G., Shmidt S. Ekonomicheskij analiz investicionnyh proektov: per. s angl. – M.: YuNITI, 1997. – 631 s.
2. Blank I.A. Cash flow management. – Kiev: Nika-center, 2002. – 736 s.
3. Metodicheskie rekomendacii po ocenke effektivnosti investicionnyh proektov (vtoraya redakciya) / M-vo ekon. RF, M-vo fin. RF, GK po str-vu, arhit. i zhil. politike; ruk. avt. kol.: V.V. Kossov, V.N. Livshic, A.G. Shahnazarov. – M.: OAO «NPO «Izd-vo «Ekonomika», 2000. – 421 s.
4. Dmitriev M.N. Kolichestvennyj analiz riska investicionnyh proektov / M.N. Dmitriev, S.A. Koshechkin [Elektronnyj resurs]. URL: cfin.ru/finanalysis/invest (data obrashcheniya: 21. 05. 2018).
5. Gracheva M.V. Uchet proektnyh riskov v nestacionarnyh usloviyah // Finansovaya analitika: problemy i resheniya. – 2015. – № 32. – S. 2–14.
6. Smolyakova M.K., Suhov V.D. Osobennosti analiza scenariev investicionnogo proekta v usloviyah sushchestvennogo kolebaniya vneshnih parametrov // Teoreticheskaya ekonomika. – 2015. – № 4. – S. 41–48.
7. Nedosekin A. Novyj pokazatel’ ocenki riska investicij / A. Nedosekin, K. Voronov [Elektronnyj resurs]. URL: cfin.ru/finanalysis/invest (data obrashcheniya: 11.04.2018).
8. Vysockaya T.R. Metod real’nyh opcionov v ocenke stoimosti investicionnyh proektov // Finansovyj menedzhment. – 2006. – № 2. – S. 84–95.
9. Sagadeev R.A. Prognozirovanie denezhnyh potokov investicionnyh proektov metodom transformacii annuitetov // Ekonomika stroitel’stva. – 2019. – № 1. – S. 29–43.
10. Sagadeev R.A. Osobennosti prognozirovaniya denezhnyh potokov proizvodstvennyh investicionnyh proektov metodom transformacii annuitetov // Ekonomika stroitel’stva. – 2019. – № 5. – S. 23–34.
11. Chetyrkin E.M. Finansovyj analiz proizvodstvennyh investicij. – M.: Delo, 2002. – 256 s.
12. Melkumov Ya.S. Ekonomicheskaya ocenka effektivnosti investicij. – M.: IKC «DIS», 1997. – 159 s.
13. Vilenskij P.L., Livshic V.N., Smolyak S.A. Ocenka effektivnosti investicionnyh proektov: Teoriya i praktika / P.L. Vilenskij, V.N. Livshic, S.A. Smolyak. – M.: Delo, 2008. – 888 s.
14. Avrashkov L.Ya., Grafova G.F. Kriterii i pokazateli effektivnosti investicionnyh proektov // Auditor. – 2003. – № 7. – S. 38–43; № 8. – S. 43–47.
Application of synthesis of different methods in stocks evaluating
Sedova N.V., Doctor of economics, Department of national and regional economy, Plekhanov Russian University of Economics
Romanov I.P., Student of the Department of state and municipal management, Faculty of Economics and Law, Plekhanov Russian University of Economics, course 4
Annotation. Stock analysis is complex and relevant topic in modern theory of financial management. In our time, many different stock analysis methods have been developed based on various theories. This article proposes the use of best practices in stock analysis using a method that combines principles developed by American investors Benjamin Graham and Joel Greenblatt. The article presents data of the effectiveness of the principles taken as a basis. A description of the proposed method is presented, as well as the rationale for the indicators used. After familiarization with the proposed method, an analysis of companies of various sectors was done in order to determine the best company for the possible purchase of its stocks.
Keywords: stock analysis, stock market, investments, financial ratios.
References
1. Gram Benjamin. Razumniy investor. – 2-e izd. – M.: Alpina Publisher, 2015. – S. 518–537.
2. Greenblatt Joel. The Little Book that Beats the Market, Published by John Wiley & Sons, Inc., Hoboken. – New Jersey. – Pp. 24–179.
3. Graham Benjamin and Dodd David. Security analysis. – N.Y.: Mc Graw Hill book company, 1934. – Pp. 64–146.
4. Oficialniy site Comissii po cennym bumagam i birjam SSHA [Electronniy resurs]. URL: sec.gov (data obrashcheniya: 28.02.2020).
5. Dybov A.M. Sravnitelnyi analyz metodov ozenki investizionnyh riskov // Vesntik Udmurd. un-ta. – 2005. – № 3. – S. 27–38.
6. Melnikov V.I. Primenenie teorii nechetkih mnozhestv v analyze riskov investizionnyh proektov // ETAP: economicheskaya teoriya, analyz i practika. – 2010. – № 3. – S. 57–71.
7. Damodaran A. Investicionnaya ocenka: Instrumenty i metody ocenki lyubyh aktivov / per. s angl. Damodaran. – 7-e izd. – M.: Al'pina Pablisher, 2011. – S. 104.
8. Cherkashnev R.Yu., Chernyshova O.N., Fedorova A.Yu. Raschet svobodnogo denezhnogo potoka i ego ekonomicheskoe ponimanie // Wschodnioeuropejskie Czasopismo Naukowe (East European Scientific Journal). – EKONIMIA. – 2016. – № 7. – S. 139–143, 169.
INVESTMENTS AND BUSINESS
Methods of risk avoidance and transfer in strategic risk management
Lisitsyna E.V., Doctor of Science (Economics), Professor, Director of the Educational-Scientific Center “Economics” Plekhanov Russian University of Economics
Tokarenko G.S., Doctor of Science (Economics), Professor, Professor MIRBIS
Annotation. The article is devoted to the analysis of strategic risk management methods in strategic risk management.
The article analyzes the advantages and disadvantages of each of the presented methods. Depending on the degree of danger of the identified risks, recommendations are given on the application of the methods considered.
Keywords: risk, strategic methods, tactical methods, risk aversion, risk transfer, risk limitation, risk diversification, risk compensation, amount of losses, probability of losses.
References
1. Damodaran A. Strategicheskiy risk-menedzhment. Printsipy i metodiki. – M.: Izd. dom «Vil’yams», 2010.
2. Praktiki upravleniya riskami v Rossii: sil'nye storony i oblasti dlya razvitiya, 2015 [Elektronnyj resurs]. URL: home.kpmg/ru
3. Enterprise Risk Management – Integrating with Strategy and Performance, 2017 [Elektronnyj resurs]. URL: coso.org/
Problems of project financing of enterprises in the real sector of the economy
Kornienko N.A., Senior Lecturer, Economics of Innovation and Finance , Vladimir State University named after Alexander Grigorievich and Nikolai Grigorievich Stoletovykh (Vladimir State University)
Annotation. The article discussed the need to invest in the real sector of the economy, analyzed the state of investments in fixed assets, and considered the mechanism of project financing. Measures to improve the mechanism of project financing of investment projects are proposed.
Keywords: project financing, investment project, investments, investment activity, the real sector of the economy, fixed capital
References
1. Bazhenov A.A., Savel’ev I.I. Osobennosti stimulirovaniya i nalogooblozheniya innovacionnoj deyatel’nosti organizacij v Rossii: istoriya i sovremennost’ // Nalogi i nalogooblozhenie. – 2012. – № 9–10. – S. 55–65.
2. Putin schitaet vypolnimoj zadachu povysheniya doli investicij v VVP do 25–27% // RIA Novosti /Vladimir Astapkovich. – Elektron. tekstovye dan. – RIA Novosti, 2019 [Elektronnyj resurs]. URL: ria.ru/20191120/1561158749.html (data obrashcheniya: 07.01.2020).
3. Vasina E.I. O soderzhanii ponyatiya «real’nyj sektor ekonomiki» // Nauchnyj al’manah. – 2016. – № 2–1.
4. Bodrunov S. Disproporciya mezhdu finansovym kapitalom i real’nym sektorom // Elektron. Zhurnal «Vol’naya ekonomika». – 2018 [Elektronnyj resurs] URL: zen.yandex.ru/media/freeconomy/disproporciia-mejdu-finansovym-kapitalom-i-realnym-sektorom-5bf81a91b6094100a9feae04 (data obrashcheniya: 19.12.2019).
5. Migunov V.V. Ekonomicheskie otnosheniya vzaimodejstviya real’nogo i finansovogo sektorov ekonomiki: avtoref. dis. ... kand. ekon. nauk: 08.00.01. – Saratov, 2004.
6. Lapcova S. Promyshlennost' vpala v komu? // Vladimirskie vedomosti [Elektronnyj resurs] URL: vedom.ru/news/2019/02/08/33541-promyshlennost-vpala-v-komu (data obrashcheniya: 08.01.2020).
7. Byulleten' o tekushchih tendenciyah rossijskoj ekonomiki. Zamedlenie rosta investicij v osnovnoj kapital // Analiticheskij centr pri Pravitel'stve Rossijskoj Federacii. – 2019. – № 55. – 17 s. [Elektronnyj resurs] URL: ac.gov.ru/files/publication/a/26142.pdf (data obrashcheniya: 16.12.2019).
8. Dolya investicij v VVP Rossii dostigla maksimuma za 12 let // Sekret firmy / Anatolij Kruglov. – Elektron. tekstovye dan. – Sekret firmy, 2019 [Elektronnyj resurs] URL: secretmag.ru/news/dolya-investicii-v-vvp-rossii-dostigla-maksimuma-za-12-let-30-11-2019.htm (data obrashcheniya: 22.12.2019).
9. Mironov V., Kuznecov A. Real'nyj sektor. Investicii, itogi 2018 goda: novye syurprizy i novye nadezhdy // Kommentarii o Gosudarstve i Biznese. – VSHE. – 2019. – № 199 [Elektronnyj resurs] URL: dcenter.hse.ru/mirror/pubs/share/direct/258421655 (data obrashcheniya: 23.12.2019).
10. Arakelyan E. V Rossii vyroslo chislo millionerov v 2019 godu // Komsomol'skaya Pravda v RF [Elektronnyj resurs] URL: kp.ru/daily/27049.3/4113913/ (data obrashcheniya: 08.01.2020).
11. Nikonova I.A. Proektnoe finansirovanie v Rossii. Problemy i napravleniya razvitiya. – M.: Konsaltbankir, 2016. – 216 s. ISBN 978-5-85187-130-6
12. Tendencii deyatel'nosti predpriyatij real'nogo sektora ekonomiki Vladimirskoj oblasti // Credinform: Informacionnoe agentstvo [Elektronnyj resurs] URL: credinform.ru/en-GB/Publications/Article/ad7c792dcf28 (data obrashcheniya: 20.12.2019).
13. Rossijskij rynok akcij 2018–2019. Nedoocenen, no opasen, ili kto ne riskuet – ne p'et shampanskogo? // Prem'er BKS [Elektronnyj resurs] URL: bcspremier.ru/knowledge/basics/rossiyskiy-rynok-aktsiy-2018-2019/ (data obrashcheniya: 28.11.2019).
14. Belikov T. Minnye polya proektnogo finansirovaniya. Posobie po vyzhivaniyu dlya kreditnyh rabotnikov i investorov. – M.: Al'pina Biznes Buks, 2009 [Elektronnyj resurs] URL: litmir.me/br/?b=233281&p=1 (data obrashcheniya: 24.11.2019).
15. Etapy privlecheniya proektnogo finansirovaniya // Konsaltingovaya kompaniya Roskonsalting [Elektronnyj resurs] URL: journal.rcgroup.pro/blog/stages-of-project-finance-investment-projects/ (data obrashcheniya: 03.12.2019).
16. Bayandina V.A., Voronin D.M. Metodika analiza investicionnyh proektov dlya celej bankovskogo proektnogo finansirovaniya // Korporativnyj menedzhment [Elektronnyj resurs] URL: cfin.ru/finanalysis/invest/analysis_technique.shtml (data obrashcheniya: 27.12.2019).
17. Proektnoe finansirovanie Sberbank CIB // Kredit v Sberbanke. Vse o Sberbanke, ego kreditnyh produktah, akcii [Elektronnyj resurs] URL: creditvsbervbanke.ru/sberbank-cib/proektnoe-finansirovanie-sberbank-cib (data obrashcheniya: 25.12.2019).
18. Investicii v nefinansovye aktivy / Federal'naya sluzhba gosudarstvennoj statistiki (Rosstat). – M., 2019 [Elektronnyj resurs] URL: old.gks.ru/wps/wcm/connect/rosstat_main/rosstat/ru/statistics/
enterprise/investment/nonfinancial/# (data obrashcheniya: 23.11.2019).
19. Osnovnye napravleniya investicionnoj deyatel'nosti. Fabrika proektnogo finansirovaniya // VEB Bank razvitiya [Elektronnyj resurs] URL: 813.ru/docs/ns/nov18/Prezentaciya_Sovet%20po%20uluchsheniyu%20investklimata%20LO_VEB.pdf (data obrashcheniya: 03.01.2020).
TAXES AND TAXATION
The role of taxation in the competitiveness of the Russian educational activity within globalization and digitalization processes in the world economy
Novikova E.S., PhD in Economics, Associate Professor, Associate Professor of the Department “Economics” Plekhanov Russian University of Economics, Moscow
Golubtsova E.V., PhD in Economics, Associate Professor, Associate Professor of the Department “Accounting and Taxation” Plekhanov Russian University of Economics, Moscow
Ponomareva N.V., PhD in Economics, Associate Professor, Associate Professor of the Department “Accounting and Taxation” Plekhanov Russian University of Economics, Moscow
Annotation. This research paper covers taxation issues for the reason of competitiveness increase of the Russian education within globalization and digitalization processes in the world economy. The analysis of main trends in the field of digitalization influencing on the structural changes in the education and consequently in the taxation area has been carried out. The main approaches in the use of taxation base for the reason of the Russian educational services export in the nearest future.
Keywords: taxation, competitiveness, educational activity, globalization, digitalization, online-education.
References
1. Ivanova Y.Y., Sizova D.A., Sizova T.V. Finansovy elektronny dokuntooborot kak factor effektivnogo upravlenija biznes-prozessami organizacii // Finansovy menedgment. – 2019. – № 6. – S. 46–52.
2. Timoshenko L.P., Zilikova M.S., Avvakumova I.V. Analiz bankovskogo sektora RF I finansovukh institutov (bankov), operirujushikh v nem // Azimut nauchnukh issledovanij: ekonomika i upravlenie. – 2019. – Т. 8. – № 1 (26). – С. 321–325.
3. Eklund G. A Research-Oriented Teacher Education in Finland – Challenges and Opportunities: The Inaugural Asian Conference on Education and International Development, 2015.
4. E-Learning Market Trends and Forecast 2014-2016. Docebo, 2014 [Elektronnyy resurs]. URL: iconcept.nl/publicfiles/136/bestanden/elearning-market-trends-and-forecast-2014-2016-docebo-report.pdf (data obrashcheniya: 10.12.2019).
5. Subareva I.F. Nalogi v sisteme metodov finansovogo regulirovanija sferu obrazovanija: pravovoj aspect // Ekonomika. Nalogi. Pravo. – 2015. – № 5. – S. 128–132.
6. Egron-Polak E., Hudson R. Internationalization of Higher Education: Growing Expectations, Fundamental Values (IAU 4th Global Survey). 2014. International Association of Universitie [Elektronnyy resurs]. URL: iau-aiu.net/sites/all/files/IAU-4th-Global-survey-executive-summary.pdf
7. Nalogovuj kodeks RF [Elektronnyy resurs]. URL: consultant.ru/document/cons_doc_LAW_19671/ (data obrashcheniya: 02.12.2019).
8. Glubokova N.Y., Gordienko M.S., Sycheva E.I. Obnovlenny mekhanizm vosstanovlenija NDS v budzetno-nalogovoj sisteme Rossii // Ekonomika: vchera, segodnya, zavtra. – 2018. – Т. 8. – № 4A. – S. 219–231.
9. Pleskatch T.I. Problemy primenenija lgot po nalogu na dobavlennuju stoimost pri okazanii uslug obrazovatelnymi organizacijami // Obrazovanie I nauka v Rossii I za rubezom. – 2019. – № 2 (50). – S. 366–375.
10. Akhmadeev R.G., Morozova T.V., Bykanova O.A. Raskhody na lechenie I obuchenie: ocenka perspektiv sovershenstvovanija po NDFL // Bukhuchet v stroitelnykh organizacijakh. – 2019. – № 4. – S. 48–57.
Optimization of tax load in the system of tax policy of small enterprise
Popova Ju.V., Chief Expert Specialist of the Center for Pension Payment of the Branch of the Pension Fund of the Russian Federation in the Khabarovsk Territory (Khabarovsk)
Barchukov A.V., Doctor of economic sciences, professor of Finance and Accounting department, Far Eastern State Transport University (Khabarovsk)
Annotation. The methodology of the tax policy of a small enterprise based on the process-service orientation interaction of management units and planning and accounting structures, which involves balanced economic relations, maximization of responsibility and staff motivation, as well as providing effective feedback and timely identification of errors and has been tested and economically substantiated, is provided miscalculations in tax planning.
Keywords: tax policy, small business, tax regimes, tax calendar, assessment indicators, tax intensity, tax efficiency, dashboard, tax risk.
References
1. Vylkova Y.S. Nalogovoye planirovaniye. – M.: Yurayt, 2011. – 639 s.
2. Dzhaarbekov S.M. Metody i skhemy optimizatsii nalogooblozheniya. – M.: MTSFER, 2014. – 204 s.
3. Yevstigneyev Y.N., Viktorova N.G. Nalogovyy menedzhment i nalogovoye planirovaniye v Rossii. – M.: Infra-M, 2016. – 270 s.
4. Yefremov A.Y. Neobkhodimost’ obosobleniya nalogovogo menedzhmenta v upravlenii finansovymi potokami organizatsii // Gumanitarnyye ekonomicheskiye nauki. – 2018. – № 1. – S. 120–122.
5. Krokhina Y.A. Nalogi i nalogooblozheniye. – M.: Yurayt, 2017. – 300 s.
6. Kuznetsova V.V. Osnovy nalogovogo menedzhmenta. – M.: OOO TD «Izdatel’stvo Mir knigi», 2010. – 240 s.
7. Nazhmiddinov M.M. Razvitiye sistemy regulirovaniya korporativnogo nalogovogo menedzhmenta i sub’yektov malogo predprinimatel’stva v Respublike Tadzhikistan // Global’nyy nauchnyy potentsial. – 2019. – № 1 (94). – S. 96–101.
8. Nechayeva M.L., Lysova Y.A. Sistema finansovogo kontrolya v upravlenii predpriyatiyem malogo biznesa: metody i instrumenty realizatsii // Finansy i kredit. – 2019. – № 2 (782). – S. 360–374.
9. Ovchinnikova K.S., Barchukov A.V. Otsenka nalogovogo riska i organizatsiya nalogovoy politiki na predpriyatiyakh malogo biznesa // Finansovyy menedzhment. – 2015. – № 5. – S. 106–123.
10. Semenychev F.A. Standartizovannaya rabota. Metod postroyeniya ideal’nogo biznesa. – M.: Animedia, 2016. – 218 s.
11. Trushevskaya A.A. Nalogovoye planirovaniye i optimizatsiya: sovremennyye finansovyye instrumenty i tekhnologii // Problemy sovremennoy ekonomiki. – 2014. – № 2. – S. 141–147.
12. Shuvalova Y.B., Gracheva Y.A. Sistema nalogovogo planirovaniya: sushchnost’ i mesto v upravlenii organizatsiyey (teoriya voprosa) // Ekonomicheskiye nauki. – 2015. – № 10. – S. 164.
13. Shchepot’yev A.V. Vliyaniye finansovogo pokazatelya «nalogovaya nagruzka» na opredeleniye nalogovykh riskov // Finansovaya analitika: problemy i resheniya. – 2019. – № 2 (348). – S. 234–244.
14. Filobokova L.Y. Optimizatsiya nalogovogo planirovaniya malogo predpriyatiya: otsenka i upravleniye // Audit i finansovyy analiz. – 2016. – № 4. – S. 25–28.
15. Filobokova L.Y., Yeprikyan O.A. Strategicheskiy nalogovyy menedzhment v malom predprinimatel’stve: makro-, mezo- i mikrouroven’ // Finansovyy menedzhment. – 2018. – № 2. – S. 65–73.
16. Ofitsial’nyy sayt IFNS. Predstavleniye nalogovoy i bukhgalterskoy otchetnosti [Elektronnyy resurs]. URL: https:nalog.ru
BOOKKEEPING AND REPORTING
Accounting automation as the main way to solve the problems of separate accounting at the enterprises of the military-industrial complex
Sechenova L.P., Senior Lecturer at the Department «Economics and Production Management», Polzunov Altai State Тechnical University
Tsomaeva I.V., Deputy Director for Economics AIMP «ROTOR», Head of the Department «Instrument Making», Polzunov Altai State Тechnical University
Lyubitskaya V.A., Ph.D., Docent, Head of the Department «Economics and Production Management», Polzunov Altai State Тechnical University
Annotation. For some business entities, the norms of the legislation of the Russian Federation provide for the obligation of separate accounting. Features of the activities of organizations requiring separate accounting are given in the article, among which special attention is paid to maintaining separate accounting of organizations engaged in targeted financing within the framework of state defense orders. The article is devoted to the study of the problems of separate accounting according to the requirements of 275-FZ. The purpose of the article is to identify the causes of these problems and to find ways to solve them.
Keywords: state defense order, separate accounting, automation, accounting.
References
1. O gosudarstvennom oboronnom zakaze: Federal’nyj zakon ot 29.12.2012 № 275-FZ (red. ot 27.12.2018) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_140175/
2. O vnesenii izmenenij v otdel'nye zakonodatel'nye akty Rossijskoj Federacii: Federal'nyj zakon ot 29.07.2018 № 263-FZ (posl. red.) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_303515/
3. Ob utverzhdenii Pravil kaznachejskogo soprovozhdenija sredstv gosudarstvennogo oboronnogo zakaza v valjute Rossijskoj Federacii v sluchajah, predusmotrennyh Federal'nym zakonom «O federal'nom bjudzhete na 2018 god i na planovyj period 2019 i 2020 godov»: Postanovlenie Pravitel'stva RF ot 28.12.2017 № 1680 (red. ot 14.11.2018) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_287116/
4. Ob ustanovlenii ogranichenij na okazanie gosudarstvennoj podderzhki juridicheskim licam, privlechennym k administrativnoj otvetstvennosti za otkaz ili uklonenie ot zakljuchenija kontrakta, dlja kotoryh zakljuchenie takogo kontrakta objazatel'no v sootvetstvii s Federal'nym zakonom «O gosudarstvennom oboronnom zakaze»: Postanovlenie Pravitel'stva RF ot 30.03.2018 № 353 (posl. red.) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_294754/
5. O Porjadke osushhestvlenija territorial'nymi organami Federal'nogo kaznachejstva proverok, ukazannyh v punkte 19 Pravil kaznachejskogo soprovozhdenija sredstv v sluchajah, predusmotrennyh Federal'nym zakonom «O federal'nom bjudzhete na 2018 god i na planovyj period 2019 i 2020 godov», utverzhdennyh postanovleniem Pravitel'stva Rossijskoj Federacii ot 30 dekabrja 2017 g. № 1722, i v punkte 24 Pravil kaznachejskogo soprovozhdenija sredstv gosudarstvennogo oboronnogo zakaza v valjute Rossijskoj Federacii v sluchajah, predusmotrennyh ... : Prikaz Minfina Rossii ot 22.06.2018 № 143n (posl. red.) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_305146/
6. Ob opredelenii porjadka i srokov predstavlenija organizacijami, vypolnjajushhimi gosudarstvennyj oboronnyj zakaz, v kotoryh sozdany voennye predstavitel'stva Ministerstva oborony Rossijskoj Federacii, otcheta ob ispolnenii gosudarstvennogo kontrakta, kontrakta, predusmotrennogo Pravilami vedenija organizacijami, vypolnjajushhimi gosudarstvennyj oboronnyj zakaz, razdel'nogo ucheta rezul'tatov finansovo-hozjajstvennoj dejatel'nosti, utverzhdennymi postanovleniem Pravitel'stva Rossijskoj Federacii ot 19 janvarja 1998 g. № 47, a takzhe porjadka istrebovanija ukazannogo otcheta u inyh organizacij, vypolnjajushhih gosudarstvennyj oboronnyj zakaz, i srokov ego predstavlenija: – Prikaz Ministra oborony RF ot 08.10.2018 № 554 (posl. red.) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_309282/
7. O Pravilah vedenija organizacijami, vypolnjajushhimi gosudarstvennyj zakaz za schet sredstv federal'nogo bjudzheta, razdel'nogo ucheta rezul'tatov finansovo-hozjajstvennoj dejatel'nosti: Postanovlenie Pravitel'stva RF ot 19.01.1998 № 47 (red. ot 22.06.2019) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_17542/
8. O vnesenii izmenenij v postanovlenie Pravitel'stva Rossijskoj Federacii ot 19 janvarja 1998 g. № 47: Postanovlenie Pravitel'stva RF ot 04.05.2018 № 543 (posl. red.) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_297265/
9. Bakulina A.A., Zemskov V.V. Sovershenstvovanie razdel'nogo ucheta na predprijatijah OPK s primeneniem cifrovyh tehnologiy // Uchet. Analiz. Audit. – 2019. – T. 6. – № 4.
10. Ob utverzhdenii porjadka opredelenija sostava zatrat, vkljuchaemyh v cenu produkcii, postavljaemoj v ramkah gosudarstvennogo oboronnogo zakaza: Prikaz Ministerstva promyshlenn osti i torgovli RF ot 08.02.2019 № 334 (posl. red.) [Jelektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_322968/
11. Balanovich P.V. Sovershenstvovanie buhgalterskogo ucheta vypuska gotovoj produkcii dlja gosudarstvennogo oboronnogo zakaza // Sovremennye tendencii razvitija nauki i obrazovanija. – 2018. – S. 182–193.
12. Luchinina O.G. Obzor poslednih izmenenij normativno-pravovoj bazy v sfere gosudarstvennogo oboronnogo zakaza // Jekonomika v promyshlennosti. – 2018. – T. 11. – № 4. – S. 394–402.
Procedure of internal check of payment of labor in insurance companies
Turgaeva A.A., Candidate of Economics, Assistant Professor; Assistant Professor of the Department «Economic security” Astrakhan sovereigns-governmental Technical University
Annotation. The main objective of the internal control system is to ensure monitoring and verification of the functioning of any internal control object for compliance with their laws, standards, plans, norms, rules, orders, and management decisions. In the conditions of the modern economy, to ensure the efficiency of the enterprise and achieve its goals, a well-functioning management mechanism is needed, one of the most important elements of which is internal control. One of the problematic issues in conducting internal control in insurance companies is the lack of development of its implementation in various business processes. But the main business process remains accounting in companies. Mainly the payroll department, since insurance companies with its specific pay features that take into account the multifactorial nature of the accruals for the work done, require the development of an internal control process in this area.
Keywords: internal control, salary, Insurance Company, check list, report, performance.
References
1. Eriashvili N.D. Kontrol i reviziia: ucheb. posobie dlia studentov vuzov / O.V. Akhalkatsi, M.V. Vakhorina, N.D. Eriashvili; pod red. E.A. Fedorova. – M.: IuNITI-DANA, 2014. – 239 c.
2. Diakonova O.S., Goriunova E.M. Organizatsiia vnutrifirmennogo kontrolia raschetov po oplate truda // Ekonomika, predprinimatelstvo i pravo. – 2017. – T. 7. – № 1. – S. 65–72.
3. Bodiako A.V. Uchet i vnutrennii kontrol raschetov po oplate truda: dis. ... kand. ekon. nauk: 08.00.12 / A.V. Bodiako; [Mesto zashchity: Gos. un-t upr.]. – M., 2012. – 304 s.
4. Semin A.N. Upravlenie organizatsiei oplaty i stimulirovaniia truda kak funktsiia khoziaistvennogo mekhanizma // Agroprodovolstvennaia politika Rossii. – 2012. – № 8. – S. 62–70.
5. Korytov V.A. Otsenka kachestva professionalno-tekhnicheskoi podgotovki spetsialistov, ekspluatiruiushchikh opasnye proizvodstvennye obieekty. Psikhologo-pedagogicheskii aspekt // Uspekhi sovremennogo estestvoznaniia. – 2007. – № 5. – S.44–46.
6. Asnin L.M., Kononova I.Ia. Kontrol i reviziia v organizatsiiakh: ucheb. posobie. – Rostov n/D: Feniks, 2016. – 281 s.
7. Kek-Mandzhieva Z.V. Uchet i vnutrennii kontrol raschetov po oplate truda v organizatsii // Aktualnye voprosy ekonomicheskikh nauk. – 2015. – № 42. – S. 90–96.
8. Marenkov N.L., Veselova T.N. Praktika kontrolia i revizii: ucheb. posobie. – M.: KNORUS, 2016. – 259 s.
9. Serebriakova T.Iu. Riski organizatsii i vnutrennii ekonomicheskii kontrol: monografiia. – M.: INFRA-M, 2016. – 111 s.
10. Ivanova O.B., Papushenko M.V. Razvitie sistemy vnutrennego finansovogo kontrolia v subieektakh Rossiiskoi Federatsii // Finansovye issledovaniia. – 2015. – № 3 (48). – S. 98–106.
11. Maksimova G.V., Novoselov I.V. Osnovnye etapy audita sistemy vnutrennego kontrolia v korporatsiiakh // Izvestiia IGEA. – 2010. – № 4. – S. 177–182.
12. Belozerova L.A. Rol i znachenie vnutrennego kontrolia v deiatelnosti organizatsii // Molodoi uchenyi. – 2019. – № 24. – S. 316–320.
FINANCIAL MARKET
Analysis of the current state of the Russian mutual fund market
Rebelsky N.M., Ph. D., associate Professor of the Department of "Financial markets and banks" of the Financial University under the government of the Russian Federation
Annotation. In article questions of a condition of the Russian market of collective investments on the example of a segment of mutual investment funds are considered. The author analyzes dynamics of different indicators of activity mutual fund for the last 5–10 years which he treats: the number of management companies and quantity mutual fund, cost of net assets and size of net cash inflow in mutual fund, comparative profitability of different financial instruments, etc. By results of the carried-out analysis the conclusion about appeal of this institute to different categories of investors is drawn.
Keywords: mutual investment funds, cost of net assets, categories of funds, net-inflow, profitability of tools, the number of shareholders.
Reference
1. Osnovnye napravleniia razvitiia finansovogo rynka Rossiiskoi Federatsii na period 2019–2021 godov (Doklad Banka Rossii) [Elektronnyi resurs]. URL: google.com (data obrashcheniia: 29.01.2020).
2. Obzor NAUFOR: Rossiiskii fondovyi rynok v 2017 g. [Elektronnyi resurs]. URL: naufor.ru (data obrashcheniia: 29.01.2020).
3. Godovoi otchet Banka Rossii za 2017 g. [Elektronnyi resurs]. URL: cbr.ru (data obrashcheniia: 29.01.2020).
4. Obzor kliuchevykh pokazatelei paevykh i aktsionernykh investitsionnykh fondov za 2017 g., 2018 g. [Elektronnyi resurs]. URL: naufor.ru (data obrashcheniia: 29.01.2020).
5. Federalnyi zakon ot 29.11.2001 № 156-FZ «Ob investitsionnykh fondakh» // SPS «KonsultantPlius».
6. Postanovlenie Pravitelstva RF ot 15.07.2013 № 600 «Tipovye pravila doveritelnogo upravleniia birzhevym paevym investitsionnym fondom» // SPS «KonsultantPlius».
7. Ukazanie Banka Rossii ot 05.09.2016 № 4129-u «O sostave i strukture aktivov aktsionernykh investitsionnykh fondov i aktivov paevykh investitsionnykh fondov» // SPS «KonsultantPlius».
8. Problemy razvitiia doveritelnogo upravleniia v Rossiiskoi Federatsii: monografiia / pod red. B.B. Rubtsova. – M.: KNORUS, 2015.
9. Pomaskina O.V. Osobennosti razvitiia paevykh investitsionnykh fondov v Rossii v sovremennykh usloviiakh // Ekonomika, statistika i informatika. Vestnik UMO. – 2017. – № 1. – S. 114–116.
10. Peniugalova A.V., Aipov A.N. Rynok rossiiskikh kollektivnykh investitsii v usloviiakh snizheniia tempov razvitiia natsionalnoi ekonomiki // Finansovaia analitika: problemy i resheniia. – 2017. – № 24. – S. 18–22.
ACTUAL THEME
Current issues and problems of state financial control of implementation of strategic documents
Grishchenko A.V., Certified Auditor of the Ministry of Finance of Russia, certified auditor, doctor of Economics, Professor of the Department of economic expertise and financial monitoring ICBSP MIREA-Russian University of technology
Zambrowska T.A., Ph. D., Deputy head of the inspection of the Moscow chamber of Control and accounts
Grischenko Yu.I., Certified Auditor of the Ministry of Finance of Russia, Ph. D., associate professor, Financial University under the Government of the Russian Federation
Shevereva E.A., Ph. D., Associate Professor, Department of economic expertise and financial monitoring ICBSP MIREA-Russian University of technology
Annotation. The article analyzes the current mechanism of state financial control in the Russian Federation of the implementation of strategic documents, as well as identifies the main problems arising in the implementation of state financial control of the implementation of strategic documents. Based on the results of the analysis, the necessity of developing a new approach to the implementation of the project audit based on the methodology of monitoring and control of the socio-economic situation in the region is justified, recommendations for making adjustments to the current legislation are given.
Keywords: state financial control, monitoring, strategic planning system, strategic planning documents, concept of social and economic development, national goals, national projects, state programs.
References
1. Federal'nyj zakon ot 28.06.2014 № 172-FZ «O strategicheskom planirovanii v Rossijskoj Federacii» // SPS «Konsul'tantPlyus» [Elektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_164841/ (data obrashcheniya: 03.11.2019).
2. Postanovlenie Pravitel'stva RF ot 15.10.2016 № 1050 «Ob organizacii proektnoj deyatel'nosti v Pravitel'stve Rossijskoj Federacii» // SPS «Konsul'tantPlyus» [Elektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_206009/92d969e26a4326c5d02fa79b8f9cf4994ee5633b/ (data obrashcheniya: 10.09.2019).
3. Ukaz Prezidenta RF ot 07.05.2018 № 204 «O nacional'nyh celyah i strategicheskih zadachah razvitiya Rossijskoj Federacii na period do 2024 goda» // SPS «Konsul'tantPlyus» [Elektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_297432/ (data obrashcheniya: 03.02.2019).
4. Rasporyazhenie Pravitel’stva RF ot 17.11.2008 № 1662-r «O Koncepcii dolgosrochnogo social’no-ekonomicheskogo razvitiya Rossijskoj Federacii na period do 2020 goda» // SPS «Konsul'tantPlyus» [Elektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_82134/ (data obrashcheniya: 04.11.2019).
5. Pis’mo Minfina Rossii ot 05.10.2018 № 02-05-11/71918 «O podgotovke proektov byudzhetov byudzhetnoj sistemy Rossijskoj Federacii i byudzhetov territorial’nyh gosudarstvennyh vnebyudzhetnyh fondov Rossijskoj Federacii na 2019 god i planovyj period 2020 i 2021 godov» // SPS «Konsul'tantPlyus» [Elektronnyj resurs]. URL: consultant.ru/cons/cgi/online.cgi?req=doc&base=EXP&n=630879 (data obrashcheniya: 17.08.2019).
6. Ukaz Prezidenta RF ot 25.04.2019 № 193 «Ob ocenke effektivnosti deyatel'nosti vysshih dolzhnostnyh lic (rukovoditelej vysshih ispolnitel'nyh organov gosudarstvennoj vlasti) sub"ektov Rossijskoj Federacii i deyatel'nosti organov ispolnitel'noj vlasti sub"ektov Rossijskoj Federacii» // SPS «Konsul'tantPlyus» [Elektronnyj resurs]. URL: consultant.ru/document/cons_doc_LAW_323451/ (data obrashcheniya: 04.12.2019).
7. Postanovlenie Pravitel'stva RF ot 17.07.2019 № 915 «Ob utverzhdenii metodik rascheta pokazatelej dlya ocenki effektivnosti deyatel'nosti vysshih dolzhnostnyh lic (rukovoditelej vysshih ispolnitel'nyh organov gosudarstvennoj vlasti) sub"ektov Rossijskoj Federacii i deyatel'nosti organov ispolnitel'noj vlasti sub"ektov Rossijskoj Federacii, a takzhe o priznanii utrativshimi silu nekotoryh aktov Pravitel'stva Rossijskoj Federacii» // SPS «Garant» [Elektronnyj resurs]. URL: base.garant.ru/72330006/ (data obrashcheniya: 01.12.2019).
| 
