The world is on the verge of technological revolution, which will fundamentally change the way of life, work and attitude towards each other [1]. We live in the era of the Third Industrial (or Digital) Revolution, but modern world leaders are already actively preparing for a new period - the Fourth Industrial Revolution or Industry 4.0. New forms of interaction open up opportunities in the organization of work and change requirements for employees. Business becomes digital, but the person stays. Employees will continue to remain crucial factors in innovation, continually developing products and services. The lack of talented and skilled personnel will be the main problem of the Fourth Industrial Revolution. Flexible production through FIR will require much more skills in all workflows for all employees. Skilled workers will be more in demand in the future for making decisions that can not be replaced by any algorithm. At the same time, employees must be trained and qualified for new jobs, so it is essential to review standards, for example, in education and training, and adapt them to new requirements. The implementation of interactive technologies in learning has become a necessity. One of the effective methods is business games: both independently and in combination with theoretical training. Precisely this combination (practice) is optimal for students to learn lecture material and acquire competencies. The article is devoted to the description of the technique of conducting risk management training. We described the technology of the training, dividing it into two parts. In the first part, the students are reminded of the risk management theory; in the second part, a business game is held - "Investment portfolio". In the article, we showed how it could be carried out with and without the use of gadgets/computers. As an example, we considered the most frequent mistake when conducting this game and gave a correct model. Besides, in the article, we gave formulas for automating the game of Excel
The purpose of this article is to analyze the control of local budget expenditures in Ukraine under the influence of the crisis caused by COVID-19 and to find ways to improve the internal financial control of expenditures of budgetary organizations. The relevance of the study is due to the need to create a system of separation of powers and responsibilities in the public sector on the basis of ensuring economical, efficient, effective and legal use of budget resources to achieve the goals set by the organization. The study was conducted on the basis of data from Ukraine. Expenditures of budgetary institutions as an object of internal financial control are considered. The analysis of control of expenses of local budgets is carried out. It is established that Ukraine needs further reform of the state financial control of expenditures of budgetary institutions -in the direction of decentralized control. It is proved that the creation of a modern information and analytical resource optimizes the accounting and control system, which will lead to the introduction of more effective mechanisms for administration, de-shadowing of the economy and increasing control over budget expenditures. Thanks to digital technologies, the economic activity of budgetary institutions will become more transparent, risk assessment will be optimized and the capabilities and effectiveness of the system of internal financial control of expenditures will increase.
Introduction. The study of the system of economic security of the enterprise involves the study of the problems of its creation, operation, evaluation and areas of information development. This article presents the justification of the methodological approach to assessing the state of the financial system of the food industry within the overall assessment of the level of the economic security system under the conditions of ensuring the security of transformations. Purpose. The main task of this article is to substantiate the methodological approach to assessing the state of the financial system of the food industry within the overall assessment of the level of the economic security system in terms of ensuring the security of transformations. Results. The general assessment of the financial condition includes the analysis of provision of the enterprise with own capital; rational placement of equity, the amount and share of working capital; efficiency of equity use; own working capital; total capital; return on assets of the enterprise. A review analysis of scientific literature sources and regulatory materials was conducted, which allowed to determine the purpose and main directions of financial analysis of the enterprise. It is proposed to analyze the financial system of food industry enterprises in three areas: rapid analysis of financial condition, full financial analysis of performance, assessment of the financial and economic system of the enterprise. The purpose of the analysis and diagnostics of the financial condition of the enterprise in the system of enterprise economic security is formulated. The application of assessment indicators of the financial and economic system of the food industry under the conditions of transformations, which include indicators of classical financial analysis and international practice and indicators of corporate capacity, which are the author's work. Conclusions. The rule according to which it is offered to carry out checking corporate capacity of the enterprise is presented. Based on the results of the study, conclusions were made about the directions of further scientific research. Keywords: economic security, assessment of the financial system, financial condition, transformations, enterprise.
В статті розглянуто основні етапи виконання фінансового аналізу, а саме: відбір та підготовка інформації, необхідної для фінансового аналізу. загальна оцінка фінансового стану підприємства, інтерпретація отриманих результатів. Виділено основні функції програмного забезпечення фінансового аналізу: консолідація та порівняння фінансових операцій та бухгалтерських записів, ефективна фінансова комунікація із зацікавленими сторонами, оцінка фінансового стану, приймання рішення щодо інвестування та фінансування, розвиток фінансових цілей, прогнозування. До основних користувачів програмного забезпечення фінансового аналізу підприємства відносяться: бухгалтерські відділи, менеджери, команди з фінансового планування та аналізу. Зроблено висновок про те, що застосування програмного забезпечення на підприємствах дозволяє: проаналізувати вплив на досліджуваний об'єкт широкого круга внутрішніх і зовнішніх чинників; підвищити достовірність і надійність отриманих результатів фінансового аналізу; створити можливості для проведення комплексних досліджень для аналізу фінансової діяльності підприємства, що полегшує роботу із проведення фінансового аналізу підприємства та оцінки фінансової стійкості; підвищити системності фінансового аналізу, що обумовлене необхідністю чіткого визначення і формалізації аналітичних завдань при їх розв’язанні в автоматичному режимі Також зроблено висновок про те, що важливість автоматизації аналізу та прогнозування фінансових результатів бізнесу відображається у швидкій трансформації бізнесу, яка передбачає використання інформаційних технологій для оптимізації бізнес-процесів та підвищення ефективності, з якою підприємства приймають обґрунтовані управлінські рішення. Можна зробити висновок, що впровадження та використання сучасних інструментів фінансового аналізу на вітчизняних підприємствах є дуже важливим завданням у стрімкому розвитку світової економіки та ринку технологій, тому слід приділяти увагу підвищенню кваліфікації фінансових кадрів.
The purpose of the article is to present the results of the study of organizational principles of e-administration as an element of the tax administration system. The budget deficit against the background of the crisis in the economy determines the need for active search for tools to increase budget revenues. One of them is tax administration. The article shows how a high level of information technology allows the tax service to solve the problem of justification of VAT refunds from the budget by switching to electronic administration of tax invoices and VAT returns. The main goals of the electronic reform of VAT collection in Ukraine are to restore justice in the tax process: elimination of fictitious suppliers, destruction of "tax pits", "scrolls", conversion centres, "optimizers", combating tax evasion by improving administration, eliminating corruption, elimination of administrative pres-sure from tax authorities, simplification of administration and payment of VAT, etc. It is proved that digital transformations in taxation first stimulate transparency of taxation procedures. It is determined that the efforts of digital transformation lead to tangible results – there is an increase in tax revenues. The natural result of increasing the level of digital maturity is the trans-formation of tax authorities and businesses into an adaptive digital platform. This will minimize the administrative burden: for conscientious taxpayers, tax obligations will be met as part of their business processes, and control and supervision activities will focus only on potential violators or those outside the platform. The system of VAT administration has been studied directly: automatic accounting of VAT paid by taxpayers, automatic free opening of accounts for taxpayers in the bank, compilation of all tax invoices is done electronically, as well as their registration in a single electronic register of tax invoices. The main problems of the organization of the tax administration system in Ukraine are pointed out and the ways to increase its efficiency are outlined.
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