Journal articles on the topic 'Financial basis'
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1
Zemtsov, A. A., and T. Yu Osipova. "Basic economical and financial knowledge as basis of economical and financial competence of nonprofessionals." Problemy ucheta i finansov, no. 21(1) (March 1, 2016): 24–31. http://dx.doi.org/10.17223/22229388/21/3.
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Sheraliev, Hayrulla Karimovich. "The Practice Of Preparing Financial Statements On The Basis Of IFRS." American Journal of Management and Economics Innovations 03, no. 01 (January 31, 2021): 47–50. http://dx.doi.org/10.37547/tajmei/volume03issue01-11.
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IFRS regulates the preparation of financial statements, and the standards reflect only the rules for the preparation of financial statements in accordance with IFRS. The transfer of banks’ financial statements from National Accounting Standards (NAS) to International Financial Reporting Standards (IFRS) is a multi-stage and time-consuming procedure. Thus, the standards define and define the issues of recognition, measurement and publication of various reporting items in all business entities, including banks. Therefore, it is necessary to study the methods of preparation of financial statements in accordance with IFRS and in practice to choose the most appropriate of these methods for the bank.
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Kyrieieva, I. V., and А. І. Denysov. "Legal bases for counteracting financial terrorism." Law and Safety 82, no. 3 (September 29, 2021): 144–51. http://dx.doi.org/10.32631/pb.2021.3.16.
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The legal regulation of the basics for counteracting financial terrorism in connection with financial security has been studied. It has been established that financial terrorism can be considered as a multifaceted phenomenon, and therefore it is extremely dangerous for national economic interests. Financial terrorism is primarily a threat to the economic interests of the state, and therefore threatens national security in general. The fight against financial terrorism is directly linked to financial security. It has been established that financial security is an integral element of economic security, which, in turn, is a part of the national security of the state. The views of scientists on the content and essence of financial security have been studied, on the basis of which a conclusion has been made about the characteristics of financial security as a state of prevention of financial terrorism. It has been concluded that financial security has the following features: future orientation, dynamism, focus on sustainable growth, priority of national economic interests, economic independence of the state, its independence from the influence of external capital, which is especially relevant in external aggression. The content of the main normative legal acts, which determine the basic principles of counteraction to financial terrorism in the context of the principles of legal regulation of tax, foreign economic and other economic activity as a means of financial security, has been analyzed. It has been concluded that the fight against financial terrorism is a system of legal, organizational, financial, economic and methodological measures aimed at ensuring the protection of the financial interests of the state as the financial basis of its activities, prevention of real and projected threats. The classification of legal bases for counteracting financial terrorism on specificity of a direction has been offered; the general economic bases and financial and legal bases which are those guiding principles which are revealed in regulation of financial and legal relations, and also financial and security bases have been allocated. It has been noted that the implementation of reforms on Ukraine's European integration becomes possible only under the conditions of legal consolidation, detailing and observance of the legal bases of counteraction to financial terrorism in those normative and legal acts, which regulate the issues of financial security.
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VAYIEKHOVSKA, OKSANA. "Financial national security as the basis for the state financial sovereignty." Public Law, no. 33 (2019): 96–102. http://dx.doi.org/10.37374/2019-33-11.
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Chepka, V., I. Sviderska, and Y. Havrylenko. "FINANCIAL STATUS OF THE ENTERPRISE: THEORETICAL BASIS." Investytsiyi: praktyka ta dosvid, no. 19-20 (November 5, 2020): 96. http://dx.doi.org/10.32702/2306-6814.2020.19-20.96.
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KIZYMA, Tetiana, and Yurii KHAMYHA. "FINANCIAL FRAUD: THEORETICAL CONCEPTUALIZATION AND ECONOMIC BASIS." WORLD OF FINANCE, no. 2(59) (2019): 109–23. http://dx.doi.org/10.35774/sf2019.02.109.
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Introduction. Intensive development of the world economic processes, contagion of globalization trends, growth of banking and other financial and credit services have led to increase in role of finance in modern life. In addition, an active use of the latest information technologies, cashless form of settlements has led to growth of various types of fraud in the financial sector. Therefore, study of theoretical and conceptual foundations of financial fraud and identification of its most important features is extremely relevant under today’s conditions of development of Ukrainian economy. Purpose of the research is to study the theoretical and conceptual foundations of financial fraud, primarily in terms of modern financial science and distinction between moral and psychological, economic and legal aspects of this phenomenon. Results. In spite of the fact that the concept of “financial fraud” gradually becomes more used both in Ukrainian scientific environment (even under the condition of absence of its clear legal regulation) in media and the Internet, as well as for objective and systemic research of problems related to financial fraud it is necessary to clarify the essence and content of this concept. On the basis of the works of domestic and foreign scientists, the author’s definition of financial fraud as a set of economic relations, implemented by legal entities or individuals (usually without violent actions), is in the process of formation, distribution and use of financial resources (income) by fraud or abuse of trust or service position for the purpose of obtaining economic and / or other benefits (personal, corporate or in favour of the third parties). Financial fraud as a phenomenon reflects the cash flows between the subjects of financial relations (the fraudster and the victim), which results in receipt of economic benefits by fraudster and losses – a victim of fraudulent activities. At present, financial fraud is a complex, multifaceted economic phenomenon that is based primarily on a psychological basis (it is thirst for easy money and unawareness that are the universal human weaknesses that “feed” financial fraud). In addition, the imperfect legal system contributes to the fact that various fraudulent schemes continue to be actively pursued in the state. Therefore, only a thorough and systematic study of financial fraud as an economic, antisocial, unlawful (and often supranational) act will contribute to the formation of necessary conditions and the development of effective measures to minimize it under modern conditions. Psychological, economic and legal nature of financial fraud is characterized. On the basis of official statistics, the dynamics of number and structure of crimes, related to financial fraud in Ukraine in 2015–2018, has been analyzed and highlighted at high level of their latency. The emphasis is made not on the important role of a state in overcoming this negative phenomenon. Conclusions. At present, financial fraud is a complex, multifaceted economic phenomenon that is based primarily on psychological basis (namely, thirst for easy money and unawareness are the universal human weaknesses that “feed” financial fraud). In addition, imperfect legal system contributes to the fact that various fraudulent schemes continue to be actively pursued in the state. Therefore, only a thorough and systematic study of financial fraud as an economic, antisocial, unlawful (and often supranational) act will contribute to the formation of necessary conditions and development of effective measures to minimize it under the modern conditions.
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Alabi, I. O., and R. G. Jimoh. "Financial Fraud Detection using Radial Basis Network." Circulation in Computer Science 3, no. 1 (January 25, 2018): 10–21. http://dx.doi.org/10.22632/ccs-2017-252-71.
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The ubiquitous cases of abnormal transactions with intent to defraud is a global phenomenon. An architecture that enhances fraud detection using a radial basis function network was designed using a supervised data mining technique― radial basis function (RBF) network, a multivariate interpolation approximation method. Several base models were thus created, and in turn used in aggregation to select the optimum model using the misclassification error rate (MER), accuracy, sensitivity, specificity and receiver operating characteristics (ROC) metrics. The results shows that the model has a zero-tolerance for fraud with better prediction especially in cases where there were no fraud incidents doubtful cases were rather flagged than to allow a fraud incident to pass undetected. Expectedly, the model’s computations converge faster at 200 iterations. This study is generic with similar characteristics with other classification methods but distinct parameters thereby minimizing the time and cost of fraud detection by adopting computationally efficient algorithm.
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Chiz, Ludmila, Natalia Khotyeyeva, and Natalia Zadorozna. "The basis of port enterprise financial strategy." Technology audit and production reserves 5, no. 4(49) (July 25, 2019): 18–25. http://dx.doi.org/10.15587/2312-8372.2019.181144.
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Smirnov, V. V. "Financial basis for the modern Russian economy." Economic Analysis: Theory and Practice 19, no. 10 (October 29, 2020): 1870–95. http://dx.doi.org/10.24891/ea.19.10.1870.
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Subject. The article investigates the financial basis of the economy of contemporary Russia. Objectives. The focus is on identifying the financial basis of the modern Russian economy, the limits of economic activity, and conditions for economic development. Methods. The study rests on the systems approach, using the methods of statistical, neural network, and cluster analysis. Results. The paper unveils the need to study the financial basis of the modern Russian economy, which is caused by the duration of the transition from the socialist to capitalist socio-economic formation. The assessment of the growth rate of a wide range of statistical data reveals the financial basis of the modern Russian economy, i.e. direct investment, debt instruments, securities other than shares included in broad money, international liquidity, aggregate reserves, money supply. The existing financial basis limits the growth of gross value added, the increase in gross capital formation, etc. It also determines conditions for economic development, like high price of WTI crude oil and low price of gold, high gold price and the strength of the United States dollar. In the current structure of the Russian economy, both options lead to lower final consumption expenditure of the private sector and to limitation of stocks. Conclusions. The understanding of intermediate results of the long transition from socialist to capitalist socio-economic formation enables to define the boundary of the existence of the modern Russian economy. This boundary is generated by its raw material structure and financial basis.
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Kuhnen, Camelia M., and Brian Knutson. "The Neural Basis of Financial Risk Taking." Neuron 47, no. 5 (September 2005): 763–70. http://dx.doi.org/10.1016/j.neuron.2005.08.008.
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Nabiyev Mahayad Anvar. "Methodological basis of firm financial risk management." Technium Social Sciences Journal 11 (August 18, 2020): 159–64. http://dx.doi.org/10.47577/tssj.v11i1.1457.
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The purpose of this article is to summarize the theoretical, methodological and methodological foundations of financial risk management in firms in modern conditions.
The methodological basis of the research is the works of economists devoted to financial risk management.
Research novelty. Various methods are presented in the economic literature for assessing financial risks. The introduction of modern methods of systematic and consistent analysis of the financial risk management of a firm is the main novelty of this study.
Conclusion. Based on the current liquidity ratio of the company's financial condition and the assessment of borrowed funds in terms of liabilities, a two-factor model is investigated, and on the basis of working capital in terms of assets, return on assets (ratio of retained earnings to assets), profitability (ratio of operating income to assets), market value of shares by the ratio of liabilities and profitability of assets (profit by ratio to assets), a five-factor model is investigated.
In the economic literature, it is considered appropriate to use the revised Altman model in developing countries.
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Balatskyi, Ievgen, Vita Andrieieva, Olesia Solodovnik, and Volodymyr Lypchanskyi. "Research and methodological basis for ensuring the financial security of banks in Ukraine." Banks and Bank Systems 13, no. 4 (December 26, 2018): 143–52. http://dx.doi.org/10.21511/bbs.13(4).2018.13.
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In an unstable financial and economic, political and social context, a number of Ukrainian banks demonstrate downtrends in their profitability, liquidity, and solvency rates. With that, the financial health and the growth vector of the whole banking sector of the country in the strategic perspective precisely depends on the quality of measures taken to ensure the financial security of a banking institution.The article analyzes the concept of financial security of a bank from the standpoint of protective, dynamic, resource-functional, competitive and systemic approaches. The authors substantiate that the financial security of the banking system as a whole and that of an individual bank is an integral part of the financial security of the country. In addition, three methodological approaches to assessing the financial security of the country's banking sector are identified and described, namely instrumental, system and target-oriented and criterial ones. Based on theoretical and methodological analysis of scientific works and methodological approaches, a system of research and methodological support for the bank's financial security is proposed.
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Захарова, Н. "FINANCIAL STATEMENTS AS A BASIS FOR INFORMATION PROVISION OF FINANCIAL MANAGEMENT ENTERPRISES." Scientific papers OF TAVRIA STATE AGROTECHNOLOGICAL UNIVERSITY (ECONOMIC SCIENCES) 39 (2019): 20–28. http://dx.doi.org/10.31388/2519-884x-2019-39-20-28.
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Pivnyk, K. E. "Creating a group of financial ratios to evaluate financial policy of companies." Finance and Credit 26, no. 5 (May 28, 2020): 1039–53. http://dx.doi.org/10.24891/fc.26.5.1039.
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Subject. The article considers the analysis of financial ratios as one of important methods to evaluate the financial status of companies. The analysis results serve as a basis for company financial policy assessment. Objectives. The focus is on creating a basic group of financial ratios enabling to measure the effectiveness of financial policy implementation. Methods. The study draws on the correlation analysis, critical review of sources, and the systems approach. Results. I developed a set of financial ratios, which can be used to evaluate the effectiveness of financial policy implemented by companies. Conclusions. Certain financial ratios can serve as an objective information basis for evaluating the effectiveness of financial policies of companies. The findings can be useful for company management to evaluate the financial policy, for investors to choose the best investment option, as well as for financial market participants.
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Demianyshyn, Vasyl, and Volodymyr Horyn. "A dialectical approach to the study of the financial mechanism for ensuring public welfare." INNOVATIVE ECONOMY, no. 3-4 (May 2020): 147–55. http://dx.doi.org/10.37332/2309-1533.2020.3-4.21.
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Purpose. The aim of the article is scientific substantiation of theoretical and methodological bases of the financial mechanism for ensuring public welfare with application of a dialectical method of scientific knowledge. Methodology of research. The methodological basis of the study is formed by the dialectical method of scientific knowledge, which involves the application of basic laws, principles and categories of dialectics. The following methods are used in the article: analysis and synthesis, generalization – in the study of literature sources on the research topic; abstractions, inductions, deductions, ascent from the abstract to the concrete – in the disclosure of the financial mechanism of ensuring public welfare in terms of the laws of dialectics, the use of dialectical categories, the separation of its functions. Findings. The financial mechanism for ensuring public welfare is characterized on the basis of the new interpretation of the basic laws of dialectics, which eliminates their ambivalence from the following positions: the sequence of causal interaction of its qualitative, quantitative and ordinal parameters; the result of the interaction of the interests of all economic entities involved in the process of forming the parameters of public welfare, which is expressed in the configuration and parameters of the components of the financial mechanism; sequence of transformations of the financial mechanism of ensuring public welfare on the basis of change of a configuration of interaction of its various qualities under the influence of external and internal factors. The application of the basic categories of dialectics made it possible to reveal the financial mechanism of ensuring public welfare in essence, as a phenomenon, in form and content, as well as to distinguish its functions. Originality. The scientific and theoretical foundations of the financial mechanism of social welfare have been developed with the application of a new interpretation of the basic laws of dialectics. The most general, as well as specific properties and characteristics of this financial mechanism are revealed with the help of dialectical categories. Practical value. Deepening the theoretical basis of the financial mechanism of ensuring public welfare will create the preconditions for improving the effectiveness of its elements in financial practice. Key words: financial mechanism of ensuring public welfare, dialectical method, laws of dialectics, dialectical categories, ambivalence.
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Oneshko, Svitlana, and Svitlana Ilchenko. "Financial monitoring of the port industry companies on the basis of risk-oriented approach." Investment Management and Financial Innovations 14, no. 1 (May 8, 2017): 191–99. http://dx.doi.org/10.21511/imfi.14(1-1).2017.05.
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The paper determines that the need in financial monitoring of Ukrainian companies of the port sector is caused by financial consequences related to the need to protect the environment, the existence of a dominant part of payments in foreign currency (foreign exchange risk associated with currency fluctuations), the possibility of cash outflows into the shadow sector of the economy and the possibility to use transport for smuggling. In addition, in the recent years there is a tendency of diminished financial stability of the seaports of Ukraine, which is a signal to determine the factors that have an impact on this situation, the consequences of risky operations and the optimal structure of sources for the formation of assets. An important aspect of financial monitoring is the necessity to identify the data about the objecton the basis of insignificant and relevant information, which makes it possible to avoid non-essential features and parameters and to speed up the decision making process at the lowest cost of expenditures and time. The study offers a methodical approach to financial monitoring of the port industry companies on the basis of the risk-based approach that takes into account the conditions for the functioning of port companies and their business characteristics, making it possible to implement the appropriate measures to prevent and avoid risky financial transactions and, consequently, to increase/preserve the competitiveness of the port sector companies. Regarding the need in further studies of the practical realization of financial monitoring of the port sector companies, there is a choice and substantiation of aggregate indicators of the financial monitoring system, their listing with a view to specific features, types and scale of activities.
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Zajmi, Sandra. "Principles of transparent financial reporting as the basis of financial statements quality control." Poslovna ekonomija 13, no. 2 (2019): 60–68. http://dx.doi.org/10.5937/poseko16-24566.
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Stolnyk, Illia. "Theoretical Basis for Improving the Enterprise Financial Condition." Accounting and Finance, no. 3(85) (2019): 107–12. http://dx.doi.org/10.33146/2307-9878-2019-3(85)-107-112.
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Coetsee, Daniël. "Debating the methodologies of accounting for financial and non-financial contracts." Journal of Economic and Financial Sciences 1, no. 2 (October 31, 2007): 123–40. http://dx.doi.org/10.4102/jef.v1i2.364.
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This article adds value to the accounting debate on the different methodologies of accounting for financial and non-financial contracts in the current and proposed new accounting pronouncements of the IASB. The paper demonstrates that significant differences exist between the recognition and measurements of non-financial contracts in terms of the traditional accrual basis of accounting and financial contracts in terms of the so-called contractual basis of accounting applied for financial instruments, even though the accounting for financial instruments is seen as an extension of the traditional accrual basis of accounting. The current IASB’s projects on liabilities, revenue recognition and the conceptual framework seem to eliminate certain differences between the two methodologies, but also raise new issues on the debate of the methodologies to account for financial and non-financial contracts.
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LYUBICH, Oleksandr, and Oleksandr STRYZHAK. "Transdisciplinary narrative discourse as a technological basis of financial interaction." Fìnansi Ukraïni 2021, no. 6 (August 4, 2021): 109–28. http://dx.doi.org/10.33763/finukr2021.06.109.
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The conditions for ensuring financial interaction based on the identification and transdisciplinary consolidation of financial resources and technologies are described. For this reason systems of interactive knowledge bases on financial resources and presentation of their semantics based on the formation of growing pyramidal networks in the analysis of financial narratives are outlined . The conditions of stability of systems of such knowledge on the basis of their representation in the format of transdisciplinary narrative discourse are determined. The conditions of atypical representation of linguistic constructs of financial knowledge in the process of their transformation into an interactive knowledge system are determined. The use of lambda calculus notation for the formation of stable states of transdisciplinary narrative discourse is proposed. Financial interaction is determined through the relationship between financial assets and related services. To formalize them, a metacategory of transdisciplinarity is introduced, which is defined in their verbal activity, reflexivity and recursiveness. Moreover, transdisciplinarity defines such hyperproperty as "consolidated information". This allows you to activate in the process of financial interaction, which is manifested in the format of a cognitive-communicative act between the relevant information resources and financial decision makers. The set of transformations of taxonomic diversity of financial documents into the format of narrative discourse is described. Taxonomic diversity is defined as a set of hierarchically related alternatives to provide multicriteria choices in financial decision making. An ontology of the choice problem is given, which provides a correct interpretation of the financial decision. It is proposed to implement financial solutions on the basis of the ontology of the problem of choice.
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Hrynyuk, N., L. Dokiienko, О. Nakonechna, and І. Kreidych. "FINANCIAL STABILITY AS A FINANCIAL SECURITY INDICATOR OF AN ENTERPRISE." Financial and credit activity problems of theory and practice 4, no. 39 (September 10, 2021): 228–40. http://dx.doi.org/10.18371/fcaptp.v4i39.241312.
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Abstract. The system diagnostics of enterprise financial security developed by the authors are based on taking into account the combined effect of the main elements of the financial stability management process. On the basis of the justification of the interdependence of the main components of an enterprise’s financial security (on the one hand, the types of financial stability and the liquidity of the balance sheet, on the other hand, their correlative effect on the level of financial security) the authors proposed a model for its evaluation. It has been proposed that the type of financial stability of an enterprise should be determined on the basis of the identification of the financial situation in accordance with the scale developed on the basis of the values of the main financial stability ratios. The type of liquidity on the balance sheet is based on a comparison of liquidity-based items of assets with maturities. The unified impact of types of financial stability and balance sheet liquidity on the level of financial security became the basis for the development a matrix for diagnostics the general position of financial security of the enterprise. Based on the established relationship between the degrees of financial stability and liquidity of an enterprise on the one hand, and the level of financial security of operating activities on the other, a model has been developed to assess the level of financial security of the enterprise’s operating activities. It has been proposed that the financial stability and liquidity of an enterprise should be determined on the basis of a three-tiered indicator by classifying financial situations within the established indicator scale: depending on the priority of selecting funds to finance the tangible portion of a negotiable asset and the sufficiency and composition of a negotiable asset to meet current liabilities. On this basis, a diagnostic matrix of the financial security position of the enterprise’s operational activities has been developed. The interconnection of the positions of the financial security of the enterprise and the unification of its level enabled the authors to develop a matrix of zones of the general position of the financial security of an enterprise where, depending on the combination of financial security levels, zones are distinguished from absolute financial security to financial danger. The testing of each element of the proposed enterprise financial security diagnostic’s system on the materials of a selected group of enterprises of the oil-and-fat industry confirms the practical significance of the developed tools in the process of managing their general financial security. Keywords: financial security, financial security level, financial security position, financial security of operating activities, financial stability, liquidity, oil-and-fat enterprises. JEL Classification G30, M20, Q14 Formulas: 14; fig.:5; tabl.: 4; bibl.: 22.
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Lugovskaya, Lyudmila. "Predicting default of Russian SMEs on the basis of financial and non-financial variables." Journal of Financial Services Marketing 14, no. 4 (March 2010): 301–13. http://dx.doi.org/10.1057/fsm.2009.28.
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Votchel, Lilya Midykhatovna. "FINANCIAL ACTIVITY AND BUDGET EFFICIENCY AS A BASIS FOR FINANCIAL STABILITY INTERDISCIPLINARY BUSINESS CONGLOMERATE." V mire nauchnykh otkrytiy, no. 1.2 (January 31, 2014): 1102. http://dx.doi.org/10.12731/wsd-2014-1.2-23.
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Nazarova, Karina, Kostiantyn Bezverkhyi, Volodymyr Hordopolov, Tetiana Melnyk, and Natalіia Poddubna. "Risk analysis of companies’ activities on the basis of non-financial and financial statements." Agricultural and Resource Economics: International Scientific E-Journal 7, no. 4 (December 20, 2021): 180–99. http://dx.doi.org/10.51599/are.2021.07.04.10.
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Purpose. The purpose of the article is to study the degree of disclosure of information about the risks of economic activity of enterprises in non-financial statements and to find ways to improve the organization and methods of analysis of such risks based on the financial statements of companies.
Methodology / approach. The methodological basis of the study is a systematic approach, methods of generalization, comparison, abstraction, analysis, synthesis, induction and deduction, bibliometric analysis, cluster analysis, as well as methods of integrated economic analysis. The publications from the Scopus database, for 1988–01.04.2021, processed by VOSviewer software were the source of data for bibliographic and cluster analysis. The materials of the research on the state of disclosure of information about the risks of domestic enterprises of the food industry are based on their financial statements and management report.
Results. The article analyzes the state and degree of disclosure of information about the risks of economic activity in non-financial reports of domestic food industry enterprises. It is established that the enterprises of the studied industry most often provide information about the following risks: economic, currency, financial, political, legal, judicial, interest, personnel, price, commercial, as well as liquidity risk and market risk.
Originality / scientific novelty. Theoretical, methodological and organizational principles of risk analysis of companies based on non-financial and financial reports have been further developed. For the first time, we proposed our own approach to the methodology of analysis of such risks, based on financial reporting indicators. In particular, such analytical indicators include: financial risk – solvency, financial leverage; credit risk – investment coverage ratio, return on equity, return on assets; liquidity risk – coverage ratio, quick liquidity ratio, absolute liquidity ratio.
Practical value / implications. The practical value of the research is that the results obtained by the authors will contribute to the disclosure of information about the risks of economic activity of enterprises in non-financial statements. Analysis of the status and level of disclosure of information about the risks of domestic food industry enterprises in non-financial reports showed that most companies provided information about the following risks: economic, currency, financial, political, legal, judicial, interest, personnel, price, commercial, and risk liquidity and the risk of changes in market conditions. As a result, the author's methodological approach to the analysis of internal risks of the studied industry (credit, financial risks, liquidity risk) is proposed. The proposed methodology is based on the indicators of financial reporting and is part of a comprehensive risk analysis of the enterprise for the purposes of the risk management system.
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Strelchenko, Inna. "CONCEPTUAL BASES OF MACRO PREDICTION ON THE BASIS OF THE NEURAL NETWORKS SYSTEMS." Economic Analysis, no. 27(2) (2017): 68–73. http://dx.doi.org/10.35774/econa2017.02.068.
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Introduction. Under the conditions of accelerated integration of global financial markets, the growth of information exchange speed and large-scale transmission of electronic money, the forecasting of economy scenarios under a sharp change in the environment, particularly during the global financial crisis becomes an important task. Purpose. The aim of the research is to develop and substantiate the conceptual principles of macro-prediction on the basis of the neural networks system in conditions of increasing non-linearity of the environment. Method (methodology). The use of system analysis, integrated approaches which are based on the principles of economic theory, on the one hand, and, on the other, on the conceptual basis of economic and mathematical modeling of economics and finances processes, have become the methodological basis of the research. Results. The use of the neural networks system in the task of macro prediction of the economic systems behavior under the crisis conditions has been justified. It has been definitedthe list of indicators that formed a training sample for simulation. The basic functional model of information technology of the forecasting process has been constructed.
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Morgan, George Emir, and Stephen D. Smith. "Basis risk, partial takedown and hedging by financial intermediaries." Journal of Banking & Finance 10, no. 4 (December 1986): 467–90. http://dx.doi.org/10.1016/s0378-4266(86)80001-2.
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Бурмистрова and Larisa Burmistrova. "Essential Tools of Financial and Credit Management’s Economic Basis." Administration 3, no. 4 (December 10, 2015): 18–26. http://dx.doi.org/10.12737/16693.
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The proposed work includes issues related to the essence of such basic categories as finance, credit and
money. These categories can be considered separately, when their substance, originality, and functions are
identified, as well as together. The relationship and interpenetration of these categories into each other have
been demonstrated in this work. An attempt has been made to prove that in modern conditions of economy
and society development it is already impossible manage separately the finance, credit and money. The
management should be integrated.
The need for in-depth study of the issues related to finance, credit and money management are dictated
by the society’s development level. Under modern conditions not only professionals, but also people from
all walks of life in one way or another possess the above mentioned categories. In everyday life we are
permanently faced with problems of finance, credit and money. Thus, the modern specialist should be well
versed in entity, functions, practical features of these categories, and be able to assess and manage them.
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Li, Wang. "The Application of Accrual Basis in Government Financial Accounting." Science Innovation 5, no. 4 (2017): 216. http://dx.doi.org/10.11648/j.si.20170504.14.
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SOROKINA, V. V. "RESPONSIBILITY CENTERS: FROM FINANCIAL TO NON-FINANCIAL INDICATORS." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 1, no. 3 (2020): 80–85. http://dx.doi.org/10.36871/ek.up.p.r.2020.03.01.012.
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This article explores the possibility of using the principles of forming responsibility centers different from the principle of linking to the financial structure, based on business processes that make up the model of the company. The approaches to the organization of areas of responsibility for non-financial indicators in economic entities are considered. It is proposed to improve the responsibility system on the basis of a balanced scorecard within the framework of the business model.
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Kuznyetsova, Аngela, Іryna Boiarko, Мyroslava Khutorna, and Yuliia Zhezherun. "Development of financial inclusion from the standpoint of ensuring financial stability." Public and Municipal Finance 11, no. 1 (March 1, 2022): 20–36. http://dx.doi.org/10.21511/pmf.11(1).2022.03.
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Since 2013–2015, financial inclusion has been considered a determinant of economic and social inclusion. Meanwhile, the impact of financial inclusion on economic development directly depends on financial stability. This paper focuses on the development peculiarities of financial inclusion in relation to ensuring financial stability and provides recommendations to Ukraine. The inclusive development theory and gap theory form the theoretical research base, while generalization, statistical methods, coefficient and graphical analysis, comparison and ranking represent its methodological basis. Financial institution development, financial literacy, income level, cashless economy, and public confidence have been justified as the content-forming factors and impact channels of financial inclusion on financial stability. The development peculiarities of financial inclusion are studied by cross-country analysis considering different financial system models and economic development levels. The weak points of financial inclusion in Ukraine are a sevenfold gap between the banks’ assets and non-bank financial institutions and 37% of the unbanked adult population. Moreover, there is a significant gap between the levels of human capital readiness and information security of banks’ digitalization compared to EU banks – by 2.5 and 1.3 times, respectively, and a critically high level of distrust in banks (70%) with a reasonably high share of payment applications users (58%).Further developing of financial inclusion and ensuring financial stability in Ukraine requires improving credit cooperation by transforming its structure from multi-institutional to mono-institutional and introducing the developed indicative tools for monitoring potential financial stability threats caused by technological innovations. AcknowledgmentThe study has been conducted within the framework of Applied Research “Ensuring financial stability of the financial sector of Ukraine’s economy on the basis of sustainable development and in the face of the latest epidemiological challenges” with the financial support of the Ministry of Education and Science of Ukraine (state registration number 0121U113271). The authors are also thankful to the editors and anonymous reviewers for their useful suggestions and comments to improve the quality of this paper.
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Maharani, Yuni, Didin Hafidhuddin, and Hendri Tanjung. "ANALISIS PERBANDINGAN KINERJA KEUANGAN BANK SYARIAH DAN BANK KONVENSIONAL BERDASARKAN MODEL ACCRUAL BASIS DAN CASH BASIS." Kasaba: Jurnal Ekonomi Islam 11, no. 1 (September 24, 2019): 25. http://dx.doi.org/10.32832/kasaba.v11i1.2421.
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Bank credibility could be seen from its financial performance both of the large Islamic bank and Comercial bank. This research aims to know financial performance of seven bank both of the large bank in Indonesia, Syariah Bank ang Conventional Bank for period 2012. This research using comparative strategies and techniques analysis using descritive analysis. The data collected are the balance sheet, income statement and cash flow statement published by Bank Indonesia. While the value of the credit for the measurement of soundness is calculated using CAMEL ratios that include aspects of capital, productive assets, management, earnings and liquidity. The preparation, calculation and grouping adapted to Bank Indonesia. Regulation No.6/10/PBI/2004 dated 12 April 2004 concerning the Rating System for Commercial Banks. This research tried to compare results between aspect financial (CMEL)and statistik methode using acrual basis and cash basis with� discriminant analysis at spss. The result of this research both of the calculating using CAMEL� and analysis statistik with acrual basis and cash basis are the same result, that the commercial bank have a good value better than syariah bank at period 2012.
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Khemakhem, Sihem, and Younes Boujelbene. "Predicting credit risk on the basis of financial and non-financial variables and data mining." Review of Accounting and Finance 17, no. 3 (August 13, 2018): 316–40. http://dx.doi.org/10.1108/raf-07-2017-0143.
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PurposeData mining for predicting credit risk is a beneficial tool for financial institutions to evaluate the financial health of companies. However, the ubiquity of selecting parameters and the presence of unbalanced data sets is a very typical problem of this technique. This study aims to provide a new method for evaluating credit risk, taking into account not only financial and non-financial variables, but also the class imbalance.Design/methodology/approachThe most significant financial and non-financial variables were determined to build a credit scoring model and identify the creditworthiness of companies. Moreover, the Synthetic Minority Oversampling Technique was used to solve the problem of class imbalance and improve the performance of the classifier. The artificial neural networks and decision trees were designed to predict default risk.FindingsResults showed that profitability ratios, repayment capacity, solvency, duration of a credit report, guarantees, size of the company, loan number, ownership structure and the corporate banking relationship duration turned out to be the key factors in predicting default. Also, both algorithms were found to be highly sensitive to class imbalance. However, with balanced data, the decision trees displayed higher predictive accuracy for the assessment of credit risk than artificial neural networks.Originality/valueClassification results depend on the appropriateness of data characteristics and the appropriate analysis algorithm for data sets. The selection of financial and non-financial variables, as well as the resolution of class imbalance allows companies to assess their credit risk successfully.
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Chopra, Rajiv. "Financial Inclusion or Financial Destruction: A Case Study of Microfinance Institutions." Global Journal of Enterprise Information System 9, no. 1 (May 5, 2017): 85. http://dx.doi.org/10.18311/gjeis/2017/15856.
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Microfinance sector, in India has played an significant role in the progress of the Indian rural as well as urban economy. A large number of Micro Finance Institutions (MFIs) in India are serving to the financing needs of rural and semi-urban Indian population. For achieving the target of financial inclusion in India this sector cannot be ignored. Generally daily wage earners, marginal farmers, women working from homes are the clients of MFIs. Such clients work only cash basis. Collection of loan is generally done by MFIs on weekly or fortnightly basis. The objective of the paper is to analyze the short and medium term positive and negative effects of many government decisions including demonetization on MFIs in India. This study will give more insights about the impact of the demonetization and other government policy framework on MFIs in India.
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CLARK, ROBERT, ANNAMARIA LUSARDI, and OLIVIA S. MITCHELL. "Financial knowledge and 401(k) investment performance: a case study." Journal of Pension Economics and Finance 16, no. 3 (November 25, 2015): 324–47. http://dx.doi.org/10.1017/s1474747215000384.
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AbstractWe explore whether investors who are more financially knowledgeable earn more on their retirement plan investments compared with their less sophisticated counterparts, using a unique new dataset linking administrative data on investment performance and financial knowledge. Results show that the most financially knowledgeable investors: (a) held 18% points more stock than their least knowledgeable counterparts; (b) could anticipate earning 8 basis points per month more in excess returns; (c) had 40% higher portfolio volatility; and (d) held portfolios with about 38% less idiosyncratic risk, as compared with their least savvy counterparts. Our results are qualitatively similar after controlling on observables as well as modeling sample selection. We also examine portfolio changes to assess the potential impact of the financial literacy intervention. Controlling on other factors, those who elected to take the financial literacy survey boosted their equity allocations by 66 basis points and their monthly expected excess returns rose by 2.3 basis points; no significant difference in volatility or non-systematic risk was detected before versus after the survey. While these findings relate to only one firm, we anticipate that they may spur other efforts to enhance financial knowledge in the workplace.
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CHARAEVA, Marina V. "Conceptual basis for financial policy formation of Russian Internet companies." Finance and Credit 27, no. 12 (December 27, 2021): 2660–78. http://dx.doi.org/10.24891/fc.27.12.2660.
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Subject. To ensure rapid growth of the Russian economy, tools for creating a sustainable business development model are required. Positive changes should start from the non-tradable sector related to information and network services. Objectives. The study aims to identify main opportunities for improving the financial policy by the Internet industry companies through the use of basic financial and economic instruments. Methods. I employ fundamental methods and advanced technologies of basic theoretical, methodological and practical developments of domestic and foreign specialists in the theory and practice of corporate finance management. Results. The study demonstrates the need to work out financial policy issues, considering system restrictions that do not coincide with the guidelines for the information economy development, tasks of economy modernization, and the socio-economic development of the country. The findings can be used to design strategies for individual Internet companies and the entire domestic IT industry, in particular, for regional IT clusters. Conclusions. An agile financial development strategy based on the use of adapted information about consumers of goods and services can act as a mechanism limiting the impact of consequences of the financial crisis and globalization risks. The information economy can reduce barriers to promote financial flows.
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Friedenberg, Brent. "Financial Outlook for the Canadian Gas Industry." Energy Exploration & Exploitation 13, no. 5 (October 1995): 545–52. http://dx.doi.org/10.1177/014459879501300512.
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The financial outlook for the Canadian gas industry depends on the outlook for gas prices at Canadian producing basins, the cost of producing in Canada and the volume of production of Canadian natural gas. Price, cost and volume determine the health of the Canadian industry. Industry's costs are the basis of the supply (volume) offered on the market and price is determined by the interaction of supply and demand.
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Pihul, N., and A. Khomutenko. "THE THEORETICAL BASIS OF ENTERPRISE FINANCIAL SECURITY AND THE MECHANISM OF ITS MANAGEMENT." Vìsnik Sumsʹkogo deržavnogo unìversitetu, no. 2 (2019): 80–87. http://dx.doi.org/10.21272/1817-9215.2019.2-10.
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The paper describes concept of "enterprise’ financial security" in modern conditions and compares the main approaches to its definition taking into account the complex nature of this economic category (from the point of view of the object of paramount attention, the task of the security system and the criterions of security). The authors identified two approaches to understanding the financial security of the enterprise: the first approach, which considers financial security in terms of the enterprise’ ability to withstand the threats of the internal and external environment; the second approach determines the enterprise’ financial security as the ability of the enterprise to perform its activities effectively in an uncertain and competitive environment. In addition, the study identified the essence of enterprise’ financial security management, its purpose, objectives, functions, principles, mechanism and basic elements of management. In the course of the research it was found that the most important in the enterprise’ financial security management is to built adequate mechanism of financial security management. The authors define such mechanism, as a set of basic influence’ elements on the process of development and implementation of management decisions to ensure the protection of his financial interests against various threats. Moreover, the authors investigated the systems of enterprise’ financial security analysis, which allow to investigate the financial condition and main results of financial activity of the enterprise in order to determine the level of protection of his financial interests from threats and identify the reserves for its improvement. The system of integral analysis was defined as the system that gives the most solid conclusions about the state of financial security. The main reason for this is that above mentioned system allows to conduct a deeper financial analysis, to evaluate the main areas of financial activity of the enterprise and to aggregate the obtained data into one indicator. Keywords: enterprise's economic security, enterprise's financial security, mechanism of the enterprise`s financial security, management of the enterprise`s financial security.
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Lyapuntsova, Elena Vyacheslavovna, and Beslan Mukhamedovich Khokonov. "Financial control as the basis of reproductive management in the new economy." Финансы и управление, no. 2 (February 2022): 30–43. http://dx.doi.org/10.25136/2409-7802.2022.2.37889.
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The subject of the study is the transformation of financial control in the context of new conditions of economic development, when irreversible changes in its basic content unfold. The importance of such studies increases with the formation of modern management drivers that can significantly increase the efficiency of the use of limited reproductive resources. Accordingly, the author's end-to-end hypothesis is the presentation of financial control as a basic element of new financial relations. This approach opens up the possibility of overcoming the limitations of the current practice of financial control, reduced mainly to its instrumental forms, maximally oriented to commercial interests, which is accompanied by a decrease in direct investment activity in reproduction processes. To a large extent, this state of affairs was the result of differences in the initial methodological approaches to financial research. Therefore, the main goal of the work is to find priority forms and tools for integrating financial control into modern reproductive process management systems. The methodological apparatus of the study was formed on the basis of a systematic approach with additional argumentation through theoretical and functional generalizations, logical and expert assessments, which made it possible to present new financial control in the future in order to increase reproductive efficiency. The results and scientific novelty of this research are contained in the disclosure of the new content of financial control integrated with digital technologies of the distributed registry and blockchain. As the main conclusion, the necessity of transformation of financial control into the basis of a network-centric management system of national reproduction is argued.
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Попова, Светлана, Svetlana Popova, Ольга Зотикова, Olga Zotikova, Светлана Ливадина, and Svetlana Livadina. "Methods of diagnostics of fictitious and deliberate bankruptcy on the basis of financial statements." Services in Russia and abroad 8, no. 9 (December 24, 2014): 56–64. http://dx.doi.org/10.12737/10796.
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In the current situation in the field of competition, globalization and integration of the world economy a modern organization must be highly competitive, financially stable, with high adaptation to changes in internal and external environment. Sharp fluctuations in external conditions, particularly complicating the process of management, may lead the company to bankruptcy. Bankruptcy can be related to numerous credit and financial relations, and is characterized by such a state of an organization in which it is impossible to pay obligations. In a situation where the cash amount of liabilities exceeds a certain limit, individuals and legal entities are declared insolvent, that is bankrupt. At the same time they cease all activities, including commercial one. Managers experiencing financial difficulties can protect theirr organization from closing via initiation of bankruptcy proceedings, searching for opportunities to restore its solvency. This article presents a systematic form data on the effect of fraud in bankruptcy to change the balance sheet items and income statement of the organization. The article indicates the important role of accounting (financial) statements, which allow to timely evaluate the property and financial position of the organization, to design a successful forecast of its operation. Authors present a list of suspicious transactions that have a negative impact on the financial and economic state of bankruptcy, which is based on analysis of existing experiences of diagnosis of fictitious and deliberate bankruptcy. The results can be used in the professional activity of managers and specialists, as well as a mechanism for improving diagnostic signs of fictitious and deliberate bankruptcies, in particular, for experts and arbitration managers.
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Ajaz Khan, Khurram, Gentjan Çera, and Sandra Raquel Pinto Alves. "FINANCIAL CAPABILITY AS A FUNCTION OF FINANCIAL LITERACY, FINANCIAL ADVICE, AND FINANCIAL SATISFACTION." E+M Ekonomie a Management 25, no. 1 (March 2022): 143–60. http://dx.doi.org/10.15240/tul/001/2022-1-009.
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There is no substantial evidence that exists in the literature to establish the link between financial advice and financial capability fully establishes, even though ‘getting help’ is identified as an important aspect of financial capability. This study sets out to fulfil a couple of objectives. Its primary goal is to investigate the effects that a combination of financial literacy elements (financial attitude, financial knowledge, and financial behaviour), financial advice as well as financial satisfaction have on individuals’ financial capability, and secondly, to test and prescribe the improved scale of financial capability measurement. This research has been administered in Spain at an individual level. Hierarchical regression method along with Z-test were used. Regressions’ outcomes reveal that financial constructs positively impact the individuals’ financial capability. From the viewpoint of policymakers, it is vital to fully comprehend the significant factors influencing financial capability to plan better strategies to empower the citizens with adequate skills, abilities, and behaviour so to succeed in dealing with financial matters in daily basis. The originality and value added to the present study is two-fold. Firstly, it comprehensively examines the wide-ranging financial indicators seen as critical in determining financial capability, which remain yet not quite covered in other studies. Second, both indicators used to measure the financial capability revealed no substantial differences, therefore an improved composite scale is prescribed as useful in measuring financial capability in future research.
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S., Muzakkir. "BUSINESS DISTRIBUTION RESULTS OF SHARIA FINANCIAL INSTITUTIONS IN HADITS PERSPECTIVE." Mu'amalat: Jurnal Kajian Hukum Ekonomi Syariah 11, no. 1 (June 26, 2019): 89–110. http://dx.doi.org/10.20414/mu.v11i1.2038.
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All results of operations managed in a Sharia Financial Institution should use a system that does not harm either party in accordance with applicable accounting standards. The accounting basis is the accounting principle that determines when the effects of transactions or events must be recognized for financial reporting purposes. Which accounting base is used by a particular organization, depending on the policies and conditions that exist. Regardless of which accounting basis is used, this paper will explain both of these accounting bases that exist in practice, both in the private sector and the public sector including government, to review the National Sharia Board Fatwa Number 14 / DSN-DSN / IX / 2000 Concerning Distribution Systems Business Results in Islamic Financial Institutions.The approach used in this paper is the hadith study approach to the legal basis contained in the DSN Fatwa concerning Business Results Distribution System in Islamic Financial Institutions. This approach is expected to be able to describe the conceptual framework related to the legal basis for establishing a fatwa.
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Trusova, Natalia, Iryna Chkan, and Inna Yakusheva. "Infrastructure development potential financial market of Ukraine." VUZF Review 6, no. 2 (June 29, 2021): 119–28. http://dx.doi.org/10.38188/2534-9228.21.2.14.
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The research of infrastructural potential of development of the financial market of Ukraine in globalization conditions is research. The importance of forming a rational infrastructure of the financial market and finding sources to increase its potential is substantiated. The conceptual basis for ensuring the realization of the infrastructural potential of the financial market is presented, which is based on defining the basic preconditions, principles and tasks of the conceptual basis and developing methodological approaches to assessing the quality of the conceptual basis for building and realizing the infrastructural potential of the financial market. It is proved that the number and structure of financial intermediaries is one of the key characteristics of the development of the financial market and its infrastructure, as well as its response to global challenges. The dynamics of the penetration of insurance and lending by banks to the real sector of the economy tends to decrease, which indicates their negative impact on the security of the financial market as a whole. The dollarization index is twice the critical value, which also has a negative impact on the level of financial market security. In the context of ensuring the security of the technological component of the infrastructure potential of the financial market in Ukraine and its ability to withstand external threats, the authors propose to define the indicator of financial market flexibility as the ratio of foreign currency deposits to total deposits (dollarization). The lower this figure, the higher the level of financial market security.
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FORKUN, IRYNA, TETIANA GORDEEVA, and TEA MUNJISHVILI. "COMPREHENSIVE ASSESSMENT OF FINANCIAL SUSTAINABILITY OF LOCAL BUDGETS AS AN INDICATOR OF IMPROVING THE QUALITY OF BUDGET MANAGEMENT DURING DECENTRALIZATION REFORM." MODELING THE DEVELOPMENT OF THE ECONOMIC SYSTEMS 2, no. 2 (August 2021): 46–53. http://dx.doi.org/10.31891/mdes/2021-2-7.
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This article is devoted to the study of the dynamics of evolution of local budgets in the context of the reform of fiscal decentralization in Ukraine. In Ukraine, the local budget is considered through the prism of financial functions, it’s the basis of financial management, planning of the fiscal process and redistribution of public goods. Taking into account the United Kingdom experience in considering the local budget as a financial and forecast (planning) category and the basic principles of decentralization, we have supplemented the list of basic functions of local budgets by two other functions – prognostic and developmental. On the basis of a comprehensive analysis of the financial sustainability of the local budgets of the Khmelnitskyi region, we’ve built integral indicators of financial sustainability of the local budget and predicted their dynamics in the future, which made it possible to determine the directions of effective management of local budgets.
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GRISHINA, OLGA A., VLADIMIR A. SLEPOV, TATYANA N. RODENKOVA, ANASTASIA G. KRASIKOVA, and DMITRY A. POKAMESTOV. "CONCEPTUAL BASIS AND METHODOLOGICAL APPROACHES TO PUBLIC INVESTMENT IN EDUCATION." Scientific Works of the Free Economic Society of Russia 232, no. 6 (2021): 168–93. http://dx.doi.org/10.38197/2072-2060-2021-232-6-168-193.
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The implementation of global goals and strategic tasks to improve the status of Russia as one of the leading world powers in scientific research and the quality of education requires significant adjustments, both the conceptual basis of its financial support and financial models of state support for education. The constant underfunding of education and science over the past decades is a natural result of the neoliberal market approach to the financial provision of the social sphere. Globalization, internationalization and digitalization of science and education, the need for resource support for massive open online learning bring market and state funding models closer together, focused on diversifying financial sources. The theoretical basis of multichannel financing, based on the principles of A. Ya. financial models of state support for education, taking into account modern trends in the socio-economic, scientific and educational spheres. According to the authors, they consist in the development of appropriate instruments for project and investment financing aimed at improving the mechanisms and institutions of state support, focused on the implementation of national goals and interests.
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Doroshenko, O., Yu Vashai, Z. Los, and N. Piatka. "Informational basis of Ukrainian financial security management in conditions of sustainable development." IOP Conference Series: Earth and Environmental Science 915, no. 1 (November 1, 2021): 012035. http://dx.doi.org/10.1088/1755-1315/915/1/012035.
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Abstract The purpose of the article is to decide the possibilities of Ukrainian financial security management in the conditions of military and political instability through adaptation of the indicators for the current methodology of the state financial security calculating in order to achieve the goals of sustainable development. The authors use general scientific and special methods, in particular dialectical, abstract logical, system analysis, economic and statistical. The authors in terms of the system approach and the allocation of material and information basis consider financial security. The authors formalize the process of informational support for the management of state financial security. Analysis of statistical data suggests that the determination of the Ukrainian financial security takes place because of political and military instability. Every component of financial safety includes factor of war influence, which as a result correlates the integral index of financial safety. The authors investigate factors that include expenditures for army forces support, aggressor state exchange rate expenditures, volume of monetary mass of the aggressor state in national economics, participation of the aggressor state capital in the banking capital structure, volume of financial resources loss of the aggressor-state.
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Aminu, Alarudeen, and Isiaka Akande Raifu. "Firm Financial Status and Investment Behaviour: Evidence from Manufacturing Firms in Nigeria." Zagreb International Review of Economics and Business 22, no. 1 (May 1, 2019): 73–92. http://dx.doi.org/10.2478/zireb-2019-0013.
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AbstractThe study examines firm’s investment behaviour sensitivity to cash flow before, during and after the recent global financial crisis using the data of 28 firms listed on the Nigerian Stock Market during the period from 2001 to 2012. The contribution of the study to the existing literature rests on using financial crisis as basis for classifying firms as either financially constrained or unconstrained. Employing the panel data and instrumental variable estimation techniques, the study finds that firms’ investment behaviour sensitivity to cash flow was higher during the financial crisis than before or after the financial crisis. In other words, Nigerian firms were highly financially constrained during the last financial crisis.
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Ngoc Linh, Nguyen, Xiao Wan, and Hoang Thi Thuy. "Financing a PPP Project: Sources and Financial Instruments—Case Study from China." International Journal of Business and Management 13, no. 10 (September 27, 2018): 240. http://dx.doi.org/10.5539/ijbm.v13n10p240.
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The Public-Private Partnership (PPP) model is often referred to as a new effective way in funding issue solving for infrastructure development and management. A PPP model project involves numerous of stakeholders and the most typical and basic PPP model comprised of three actors: Government, the private sector and financial institutions. Based on the features of PPPs, the differences between PPP model and traditional financing methods are clearly demonstrated through the financing period; investment and financing subject; property ownership; financing credit basis; financing purposes; source of repayment; guarantee; and degree of financing risk.
On the other hand, the selection of a suitable structure from the financial source is based on the choice of the best combination of equity and debt. In terms of project financing structure, it can be divided into three main sections: equity contributions, debt contributions and mezzanine/Subordinated contributions. Moreover, according to the characteristics of different PPPs, the financial structure of the project will be determined to optimize the financial benefits of the project. Furthermore, for each stage of the project, financial instruments will be used appropriately.
This paper will deliver a summary and review of PPP projects, as well as the stakeholders involved in implementing a project under a basic PPP model. In addition, this paper will discuss the financial structure of a project, and the PPP project financial instruments that commonly used will also be clearly analyzed. Based on the in-depth knowledge of the PPP model, the paper will depend on the development situation of the PPP model in some countries, especially China, to provide visual examples of each financial instrument.
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Kulakova, Aleksandra Vitalevna. "Financial Forecasting in Financial Management Strategy: Goals, Objectives, Methods." Interactive science, no. 4 (59) (May 26, 2021): 56–58. http://dx.doi.org/10.21661/r-553845.
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The activity of the enterprise is inseparable from the adoption of managerial decisions. Forecasting is one of the tools that helps management to assess the future performance. Financial forecasting plays a key role in the development of a company's strategy and is an integral part of financial management. This article discusses the tasks and methods of financial forecasting, as well as the factors on the basis of which the choice of forecasting methodology is made for a successful assessment of the financial position of an enterprise and making the right management decisions.
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Senchagov, V. "Modernizing Financial Sphere." Voprosy Ekonomiki, no. 3 (March 20, 2011): 53–64. http://dx.doi.org/10.32609/0042-8736-2011-3-53-64.
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Basing on the analysis of the system of threshold levels of Russia´s economic security the author presents the mechanism of modernization of financial sphere, its main ingredients: strategic planning, sovereign funds, Pension fund, federal budget, depreciation charges, monetary instruments. The state should form a general plan of modernization, work out its philosophy, stages of the process and on this basis develop the strategy of modernization of economy for 10-15 years.
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Kondratenko, Nataliia Olehivna, Olena Vadymivna Kozureva, and Viktor Yuriiovych Stepanov. "ADAPTATION OF ANTI-CRISIS FINANCIAL MANAGEMENT OF INDUSTRIAL ENTERPRISES TO THE MODERN CONDITIONS OF ECONOMIC DEVELOPMENT." SCIENTIFIC BULLETIN OF POLISSIA, no. 4(16) (2018): 65–71. http://dx.doi.org/10.25140/2410-9576-2018-4(16)-65-71.
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Urgency of the research. Modern industrial enterprises carry out their production-economic and financial activity in the conditions of macroeconomic instability, uncertainty and high dynamic of the external environment. For this reason, there is an urgent need for continuous monitoring of the financial and property status of enterprises. Target setting. Characteristic features of the development of domestic industrial enterprises is the lack of effective management mechanisms; stagnation; lack of organization of management of labor, financial and material resources. During the last decade, the economic crisis has caught unexpectedly Ukrainian industrial enterprises, whose products make up the lion's share in the country's GDP. Actual scientific research and issues analysis. The basics of crisis management were studied in the writings of many prominent economists. Among them: M. Adamov [1], T. Gudz [2], L. Ligonenko [3], P. Pererva [4], O. Timoshenko [5], O. Tereshchenko [6]. Uninvestigated parts of general matters defining. Problems of adaptation of the crisis financial management of industrial enterprises to the current conditions of economic development have not been adequately covered and require more detailed elaboration. The research objective. The purpose of the article is to develop the mechanism of adaptation of the crisis financial management of industrial enterprises to the current conditions of economic development on the basis of diagnostics of financial capabilities of the object of crisis management. The statement of basic materials. The article deals with the problems of adaptation of the crisis financial management of industrial enterprises to the modern conditions of economic development. The ways of improvement of the anti-crisis financial management of industrial enterprises on the basis of diagnostics of financial possibilities of the object of crisis management are offered. The mechanism of adaptation of anti-crisis financial management of industrial enterprises is developed. Conclusions. On the basis of the study, the authors concluded that adaptation of the crisis management of industrial enterprises to the current economic conditions was made.