Purpose: In the context of dynamically changing modern labor market there is a need to develop a model of congruence and correlation of the process of building professional competencies provided by educational standards. Design/Methodology/Approach: The study was performed using monographic, abstract logical, sociological and statistical methods. However, this approach does not imply the formation of supra-professional competencies, which generally predetermine the success of professional tasks performed by a specialist. Findings: The article discusses the role of human capital as a fundamental factor affecting the increase in the competitiveness of production. Practical implications: The study focusses on the most demanded competencies for the development of digital society. The authors have grouped countries by level of human capital use. Originality/Value: At present, the appropriate parameters for measuring professional and general cultural competencies have been adopted as a system for assessing the quality of education in general and the quality of specialist training.

PurposeNowadays, cloud platforms are used in many fields, including e-commerce, web applications, data storage, healthcare, gaming, mobile social networks, etc. However, security and privacy are still two significant concerns in this area. The target of this paper is to present a system for trust management in industrial cloud computing using the multi-criteria decision making (MCDM) approach. MCDM techniques have been developed to accommodate a wide range of applications. As a result, hundreds of approaches have been generated with even minor variations on current approaches spawning new study fields.Design/methodology/approachCloud computing provides a fully scalable, accessible and flexible computing platform for various applications. Due to the multiple applications that cloud computing has found in numerous life features, users and providers have considered providing security in cloud communications. Due to its distributive nature, dynamic space and lack of transparency in performing cloud computing, it faces many challenges in providing security. For security improvement, trust management can play a very influential role. This paper proposes a generic analytical methodology that uses a series of assessment criteria to evaluate current trust management testing prototypes in industrial cloud computing and related fields. The authors utilize a MCDM approach in the present article. Due to the multi-dimensionality of the sustainability objective and the complexities of socio-economic and biophysical processes, MCDM approaches have become progressively common in decision-making for sustainable energy.FindingsThe results of comparing and evaluating the performance of this model show its ability to manage trust and the ability to adapt to changes in the behavior of service providers quickly. Using a simulation, all results are confirmed. The results of simulations and evaluation of the present paper indicate that the proposed model provides a more accurate evaluation of the credibility of cloud service providers than other models.Practical implicationsThe number of cloud services and customers is vast and extremely competitive in cloud environments, where novel cloud services and customers can join at any time, while others can withdraw whenever they want. Because of cloud services' highly dynamic and dispersed design, trust management mechanisms must be highly flexible to obtain feedback and update trust outcomes as quickly as possible. The model presented in this article tries to improve users' trust in the cloud industry.Originality/valueUsing a method (MCDM) to find the best trust management solution based on user experience in industrial cloud computing is the novelty of this paper.

The article provides an overview using certain provisions of the current auditing standards and quality management system standards for the purposes of confirming sustainability reporting. A comparison of Russian practice in the field of regulation of assurance of public reports of companies and European regulations obliging auditors to confirm the reliability of non-financial statements with the possibility of expressing a reasonable degree of confidence is given. On the basis of the analysis carried out, directions for improving the regulatory regulation of the procedure for confirming the reliability of non-financial reporting are proposed: regulation of the process of interaction between the auditor and other verifiers of non-financial reporting; introduction of a requirement for the mandatory audit of non-financial (and all corporate) reporting, which actually means a transition from the audit of financial statements to the audit of business. An approach has been formulated to define the concept of "corporate reporting" as a new object of audit.

The article considers the issues related to the identification and establishing of economically sound criteria to assess the effectiveness of control processes in the modern context, as well as defines the characteristics of the new assessment format to address its main target, which is providing information support of development and making managerial decisions. The authors determine that the main problem, when assessing the effectiveness of control processes lies in the fact that many of the developments offered by specialists are based on outdated principles, while others put forward proposals, which cannot be used in practice. The authors offer their own vision of the content and functioning specifics of the intracorporate control services, as well as offer a flowchart reflecting control actions of specialists of institutional and intracorporate control services of companies with public ownership. The regulation on the quality assessment system of intracorporate control of the corporate accounting and control system is proposed, as well as the managerial actions in relation to its organization are defined. A new concept of intracorporate control in companies with public ownership, developed by the authors, focused on risks, will prevent misuse of budget allocations. Implementation of the proposals will allow developing science-grounded intracorporate control regulations, which are aimed at solving specific problems of corporate management

The issue of global transformation of the traditional format of accounting (financial) and non-financial reporting (in the form of PDF reports) into an interactive digital format of business reporting is relevant. The article is devoted to the analysis of domestic and world trends in the development of reporting of economic entities in the digital economy and identifying the prospects for using XBRL as the main digital format of business reporting. The research methodology is based on the application of a system of scientific methods: analysis and synthesis, induction and deduction, comparison, a systematic and logical approach and the method of analogies and groupings. As a result of the study, the trend in the development of reporting by economic entities is determined. The study justifies the strengthening of the role of information technology in the formation of new conceptual approaches to the disclosure of the information contained in it by synthesizing the elements of volumetric representation (using the method of “multidimensional space”) and modern IT platforms. A review of the use of the XBRL format as a world language for business reporting in international and Russian practice is conducted. Based on the analysis of global XBRL development initiatives actively discussed in the world community, it is concluded that the XBRL format has firmly taken the place of the main digital standard for the formation and disclosure of information by economic entities of leading world countries, and its further development is an inevitable future in solving the problem of creating a modern interactive digital format of business reporting of foreign and domestic companies. The research results can be used by a wide range of national regulators, investors and financial market participants, as well as international business and professional communities, with the practical transfer of all financial market participants to a single electronic format.

The article reviews the existing system of control of universities’ activity in the Russian Federation. The authors single out two blocks of this system (internal and external) along with three components of external control of universities’ activity (state control; professional control; public control). The article describes the characteristic features of particular forms of state control over universities’ activity (state accreditation of educational programs, federal state control of education quality; federal state supervision over education); public control over universities’activity (public accreditation of educational programs, independent assessment of education quality); professional control over universities’ activity (professional and public accreditation of educational programs, assigning rating to universities); internal control over universities’ activity (self examination in higher educational institutions, internal control of a university as an economic entity, internal assessment of education quality). The article examines the effectiveness of control procedures applied to the main objects of control (educational programs, quality of students training, conditions of educational activity, target results of activity) and singles out the following basic trends of improving the control over universities’ activity: the increased importance of assessing the effectiveness of educational programs implementation and informal control procedures based on expert evaluations and sociological surveys. The following major directions of improving the system of control over universities’ activity in Russia are suggested: developing the state and professional system of control; establishing the audit trails of an educational system; creating the mechanisms of acknowledging the results of control by the inspectors and auditors of different level; shifting the emphasis of state control from formal methods to the check of substantive aspects (quality) of the educational process; developing the tools and methods of professional control over universities’ activity; adapting the indexes of universities global ratings to the special national features of higher educational institutions; developing the internal monitoring of effciency and quality of educational programs’ implementation and informal types of internal independent assessment of education quality.

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The paper continues the series of authors’ publications on the problem of developing the concept of business audit in sustainable development and ESG transformation. The object of the study is the modern international and Russian practice of verifying public ESG reporting by leading companies. The study’s task is to develop a methodology to confirm its reliability as the area for developing business audit in these conditions. As a result of the study, the authors have identified a trend for the auditors of the world’s leading countries to express an opinion on the reliability of ESG reporting with the provision of reasonable assurance to interested users, in contrast to Russian practice, in which thereare currently no such precedents. There have been determined directions for improving the procedure for confirming the reliability of public (including non-financial) reporting and delimited by the horizon of their practical implementation. The authors substantiated the necessity of introducing a requirement for a mandatory audit of non-financial information in corporate reporting. Also, they gave a comparative description of the two tracks of the practical implementation in the application of this requirement: the introduction of a mandatory rule for the predominant expression of reasonable assurance when auditors perform assignments to confirm the reliability of all types of non-financial reporting; extending the requirements of auditing standards, requiring auditors to express reasonable assurance on all corporate reporting. The authors have developed proposals to correct certain aspects of the existing methodology for the audit of financial statements in relation to the process of verification of non-financial information in corporate reporting. The results got will expand audit practice in the implementation’s context of the concept of sustainable development and implementing ESG principles. The study may interest national regulators, professional communities, as well as investors and financial market participants.