Economics. Finances. Law最新文献

{"title":"Recommendations regarding technology for making an well-grounded choice of enterprise development strategy","authors":"N. Petryshyn, O. Podra, Yuliia Malynovska, Liubov Nodzhak","doi":"10.37634/efp.2023.11.6","DOIUrl":"https://doi.org/10.37634/efp.2023.11.6","url":null,"abstract":"Introduction. Recently, more and more theorists and practitioners of management emphasize the importance of strategic planning, in particular, the formation of a development strategy, the main purpose of which is to determine directions for increasing competitiveness, which would ensure the long-term perspective of the successful functioning of the enterprise. The purpose of the paper is to study the process of making strategic management decisions; analyzing the criteria for choosing development strategies; development of the technology for the justified choice of a development strategy based on the parameters of demand and profit on the basis of the identification of selection criteria and the systematization of potentially possible types of strategies. Results. The recommended technology for the justified choice of a development strategy based on the parameters of demand and profit involves the implementation of certain stages: preparation of information support for further development of the development strategy; definition of strategic goals and tasks of development; strategic research and analysis of the competitive environment and development potential; formation of a justified set of criteria for choosing a development strategy based on demand and profit parameters; reasoned choice of strategic tools for developing a development strategy; formation of strategic development alternatives; formation of a justified development strategy and corresponding functional strategies; assessment of the level of implementation of the development strategy and strategic decisions according to performance criteria. Conclusion. The technology of formation of the development strategy is a priority element of the strategic planning system. Particular importance is attached to the methodological base, which ensures the processes of formation and implementation of planning technology, allows to achieve the goal of strategic planning in the formation of a sequence of defined justified actions, aimed at the implementation of effective functioning and long-term perspective of development.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"59 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139205258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Contemporary aspects of quality management in audit services","authors":"Nataliia Moskal, Zvenyslava Bandura, Y. Kril","doi":"10.37634/efp.2023.10.5","DOIUrl":"https://doi.org/10.37634/efp.2023.10.5","url":null,"abstract":"Introduction. New International Standard on Quality Management have brought significant changes to the approach to quality management in auditing activities. According to ISQM 1, auditing entities were required to develop and implement quality management systems before the standards came into effect and conduct an assessment of the effectiveness of these systems within one year of implementation. The purpose of the paper is to contribute to the development of scientific understanding and practical application of quality management in the auditing sphere to ensure the quality, reliability, and trustworthiness of auditing services. Results. According to ISQM 1, a quality management system must operate continuously and respond to changes in the circumstances of the entity and its objectives. This system has a comprehensive nature and encompasses eight key components, including the assessment of entity risks, leadership and management, adherence to ethical requirements, establishment and maintenance of client relationships and engagements, performance of engagements, resource utilization, information exchange and communication, and monitoring and remediation. The primary innovation is the risk-based approach to building a quality management system, which is based on risk assessment and includes setting quality objectives, identifying and evaluating quality risks, and developing actions to mitigate them. Quality objectives are determined by the auditing entity and must include objectives related to managing the entity, adhering to ethical requirements and independence, client and engagement acceptance and performance, and resource objectives, including human resources. Measures taken by the entity in response to quality risks may relate to the entity's activities as a whole or be specific to individual engagements. The nature, extent, and timing of these measures should be based on the results of the identified risks assessment. Conclusion. Therefore, the implementation of new quality management standards in auditing aims to enhance the quality of auditing services and ensure the reliability of financial information.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"17 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139306838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Knowledge economy and tools for its implementation in classical banking","authors":"Oleh Kononenko, Ivan Fartushnyi","doi":"10.37634/efp.2023.10.19","DOIUrl":"https://doi.org/10.37634/efp.2023.10.19","url":null,"abstract":"The topic of the convergence of the knowledge economy and classical banking is extremely relevant, as it allows to analyze the change in consumer habits and customer expectations, to determine the competitive advantages of technological startups and fintech companies and the challenges of cyber security and the risks of big data analysis, to record the need to create innovative products and services. Implementation of knowledge economy technologies in the financial sector of Ukraine. The rapid development of the financial services market necessitates a deep understanding and implementation of \"knowledge economy\" methods in the financial sector of the domestic economy. Because the knowledge economy is not an exclusively economic concept. It directly concerns the organization of society's life (people's way of life, worldview and culture, individual and collective life activities). Conceptual definitions of the knowledge economy lead us to generalize that the \"knowledge economy\" is a convergence of people's aspirations to organize and arrange their lives, based on objective knowledge of reality. Social systems built on the narratives of the \"knowledge economy\" transform knowledge into more advanced products (goods, services, technologies, etc.) and, which is a mandatory element, increasing the well-being and quality of human life. Knowledge becomes a special and primary factor. At the macro level, the practical implementation of the principles of the \"knowledge economy\" forms an economy with the predominance of high-tech industries in industry and the development of the knowledge-intensive service sector, which allows us to approach a more perfect social organization. At the micro level, the knowledge economy focuses attention on the justification of the cost of knowledge production. The result of the work was an analysis of the tools of the knowledge economy in the context of the financial market, the competitive advantages of fintech companies were determined, and innovative approaches or tools that could be useful for classical banks and how to implement them were identified.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"66 9 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139308772","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Monitoring and assessment of the influence of macroeconomic factors on the activities of aviation enterprises in competitive markets","authors":"Z. Poberezhna","doi":"10.37634/efp.2023.10.21","DOIUrl":"https://doi.org/10.37634/efp.2023.10.21","url":null,"abstract":"The paper determines that the influence of macroeconomic factors on the activity of aviation enterprises significantly changes its effective functioning in competitive markets. In the context of reducing the negative impact of macroeconomic factors on the airline industry, the author formed a system of the main factors of macroeconomic influence on the functioning of aviation enterprise and determined the favorable and unfavorable consequences of such influence. Monitoring and assessment of the external environment is one of the key tools that characterizes a set of factors that have a positive impact on the activity of an airline company, or strategic alternatives that, under certain conditions of the relevant competitive market, an airline company can use to implement strategic goals and objectives. Accordingly, external threats include a set of factors that usually have a negative impact on the functioning of an airline company, any phenomena or processes that hinder the advancement of an airline company in the direction of realizing its strategic goals. Political factors characterize the general power and institutional contexts of the macro-environment and, as an indirect regulator, reflect the possibility of access to the aviation enterprise's strategic resources, including financial ones. The indirect influence of the economic factor is carried out through the prism of the state mechanism for the distribution of relevant resources and the tax system, which, in turn, is of the greatest importance in regulating the effectiveness of the chosen business model of the aviation enterprise. The identification and study of social factors makes it possible to predict the directions of development of purchasing preferences and fluctuations in demand for aviation enterprises. At the same time, the impact of the technological factor is evaluated through the lens of identifying key trends in the development of industry technologies and innovations, which often become the causes of market changes and losses, as well as the appearance of new products. The main macroeconomic factors influencing the activity of aviation enterprises in Ukraine were identified and identified, and an in-depth analysis was carried out using the well-known PEST method.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"203 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139308371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Some aspects of legal education as a fundamental element of civil society","authors":"Danylo Volkovetskyi, Svitlana Volkovetska","doi":"10.37634/efp.2023.10.8","DOIUrl":"https://doi.org/10.37634/efp.2023.10.8","url":null,"abstract":"The paper examines the need for legal education of Ukrainian youth, which is considered as a necessary condition for real democracy and the development of a successful Ukrainian state. Education becomes an extremely important and effective key factor of influence on the formation of intelligence of a young person who will become both a qualified specialist and a person with a sense of personal dignity and responsibility. Education should direct the development of a student's personality towards the perception of democratic values and direct his/her efforts to participate in the formation of civil society institutions, the formation of a position of negative attitude towards the wrong ways of solving problems. Legal education is a structural component of education in Ukraine, the process of acquiring legal knowledge, skills and abilities, forming respect of law, legislation, rights, freedoms and responsibilities of a citizen, relevant legal orientations and assessments, legal behavioural attitudes and motives for lawful conduct, etc. In addition to general legal training, awareness of rights and obligations of citizens in the democratic society, and the legal system of Ukrainian society as a whole, the legal education of students should be included in the complex of educational activities. The training should be aimed at gaining by students the level of legal knowledge and skills, the ability to apply them in practice while exercising their rights and freedoms, as well as the performance of duties entrusted to them as specialists in a particular field of responsibilities.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139307496","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Problems of selection and usage of innovative tools for international projects management in the context of foreign economic relations expanding","authors":"Mariana Bortnikova, Rostyslav Karabinovych","doi":"10.37634/efp.2023.10.6","DOIUrl":"https://doi.org/10.37634/efp.2023.10.6","url":null,"abstract":"Introduction. Today, international project management trends are reflected in the increasing importance and significance of resource and process planning, as a well-thought-out and well-founded plan that can take into account all potential risks and challenges makes it possible to respond to them in a timely manner in the process of implementing a business idea. The most important factors that influence the choice of innovative management tools by the management of international projects are their understanding of the functionality of this tool, the appropriateness of its application in the project, and the cost of such an innovation. Having studied the works of scientists, it can be argued that such innovative tools are currently reengineering, benchmarking, outsourcing, crowdsourcing and the ICO or initial coin offering technology The purpose of the paper is to highlight the problems of selection and usage of innovative tools for international projects management at company in the context of foreign economic relations expanding and development of recommendations for their solution. Results. As a result of the research, the current problems of the selection and use of innovative international project management tools of company in the conditions of the expansion of foreign economic relations were identified, such as traditional international project management tools characterized by low efficiency in the conditions of the expansion of foreign economic relations and the dependence of financing on international projects from one investor narrows the possibilities of using innovative international project management tools in the conditions of expanding foreign economic relations. As a result of the study, recommended ways to solve problems were given, namely, the use of a crowdsourcing platform to search for and analyze information and technologies for the implementation of international projects of company and the implementation of ICO technology to attract investors to finance international projects. Conclusion. The use of innovative management tools will help the company better implement its project strategy, but too few tools or their incorrect selection, which do not correspond to the expected result of the implementation of the business idea, can negatively affect the company's activities. The involvement of additional tools and their combination with each other allow to analyze projects in more detail and to use less risky solutions by the management of the enterprise. Implementation of these tools allows the company to save basic resources, such as time and money, and effectively implement international projects.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"192 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139306376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The impact of digital transformation on the competitiveness of enterprises: the analysis of differences in business strategies","authors":"Viacheslav Bihun, Mykola Yokhna, Vita Tebenko","doi":"10.37634/efp.2023.10.11","DOIUrl":"https://doi.org/10.37634/efp.2023.10.11","url":null,"abstract":"The paper explored the theoretical aspects of digital transformation, in particular, explored and compared the definitions of \"digitalization\", \"digital transformation\" and digital strategy. It was found that digital transformation, in contrast to digitization, is a broader concept, because it involves not only a technological shift, but also the transformation of the operational process, business models, and the experience of end users. The advantages and disadvantages of digital transformation for enterprises are determined. The main advantages are speeding up processes and reducing the human factor, increasing productivity in quantitative and qualitative terms, reducing current costs. Disadvantages are high risks during implementation and additional costs. The main reasons why businesses seek to invest in new technologies have been explored. It has been proven that such a desire can depend not only on the desire of the company's management to carry out digital transformations, but also on forced reasons. The global rating of digital transformation technologies is characterized and the purpose of the most popular technologies is revealed. It is noted that in addition to the popularity of the technology itself, it is worth considering the feasibility of its implementation in the activities of a specific company. Based on the analysis and combination of information in literary sources with own works, an approach to the step-by-step implementation of a digital strategy was formed. This approach is universal, because it can be adapted for individual companies. Successful and unsuccessful examples of digital strategies implemented by well-known companies are studied. It was found that digital solutions can bring both significant advantages and cause the company to fail at a certain stage or in a certain area.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139307392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"To the issue of health care for convicts","authors":"B. Holovkin","doi":"10.37634/efp.2023.10.13","DOIUrl":"https://doi.org/10.37634/efp.2023.10.13","url":null,"abstract":"This paper examines the urgent and complex problem of health care for prisoners in penal institutions. The paper highlights the changes occurring in society and the penal system and their impact on this problem. The protection of rights and respectful treatment of prisoners are seen as key aspects of a humane and civilised social system. In particular, the problems related to the health of convicts and their impact on the security of society are considered. The study points to the need for an in-depth study of this topic and suggests constructive ways to address the problems associated with ensuring proper health protection of prisoners in the modern world. This paper discusses the importance of ensuring adequate medical care and healthcare for persons in detention. It is noted that this is an integral part of human rights, and all prisoners have the right to adequate medical care and conditions that do not threaten their physical and psychological health. It is proved that the provision of adequate medical care and diagnostics contributes to the successful rehabilitation and social integration of convicted persons after release. The paper also highlights the importance of complying with Article 3 of the European Convention on Human Rights, which obliges the state to create appropriate conditions to ensure the right to adequate and timely medical care for persons in pre-trial detention centers and penitentiary institutions. It is pointed out that it is necessary to introduce regular and systematic monitoring, detailed documentation of the health status of convicts, creation of appropriate conditions for treatment, supply of necessary medicines, availability of qualified medical specialists and proper diagnostic equipment. It is emphasized that the problem of inadequate medical care for convicts is unacceptable for a democratic, legal and social state, and its solution requires immediate and fundamental changes that would meet human rights standards. The problem of insufficient medical care for prisoners is unacceptable for a democratic, legal and social state, which Ukraine is recognized as according to the Constitution. This situation requires urgent and systemic changes.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139309038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Current state and prospects of the development of judicial control of administrative courts by public administration bodies","authors":"Roksolana Ivanova","doi":"10.37634/efp.2023.10.22","DOIUrl":"https://doi.org/10.37634/efp.2023.10.22","url":null,"abstract":"Introduction. In an era marked by rapid changes in governance and legal paradigms, the role of judicial control exerted by administrative courts on public administration bodies has emerged as a cornerstone of modern legal systems. This study aims to delve into the current state of this judicial control, exploring its evolution, challenges, and impact on the functioning of public administration. It also aims to forecast the future development of this interplay, considering the changing legal, social, and political landscapes. The primary purpose of the paper is to comprehensively assess and understand the current state and future prospects of judicial control exercised by administrative courts over public administration bodies. This involves a multifaceted exploration of the role, challenges, and evolving dynamics in this area of governance. Results. The in-depth analysis of the current state and the potential future developments in the judicial control exerted by administrative courts by public administration bodies has led to several key findings: The current state reveals a heightened emphasis on the role of administrative courts in ensuring that public administration bodies adhere to legal and ethical standards. This increased scrutiny is a response to a growing demand for transparency and accountability in public administration. The study indicates significant variation in the approaches and intensity of judicial control among different countries. Some regions show a trend towards more rigorous judicial oversight, while others maintain a more traditional, restrained approach. Conclusion. In summary, the growing influence of judicial control by administrative courts is a response to the evolving needs of modern governance. It reflects a societal shift towards greater accountability and legal compliance in public administration. The future will likely see continued efforts to refine this relationship, ensuring that it fosters a system of governance that is both effective and just, and which upholds the principles of democracy and the rule of law.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"204 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139309105","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Accounting and reporting of accrual and payment of corporate income tax","authors":"O. Bondarenko, Viktoriia Kozlova, Anna Kozoriz","doi":"10.37634/efp.2023.10.12","DOIUrl":"https://doi.org/10.37634/efp.2023.10.12","url":null,"abstract":"This paper examines the accounting and reporting of the assessment and payment of corporate income tax. One of the most important issues of the economic development of enterprises is obtaining the maximum profit with the reflection of the minimum costs in their accounting reporting period. For every enterprise, the most important stage of its activity is the calculation of income tax. The most important socio-economic issue now is to improve the calculation of income tax for the further development of enterprises, as their future depends on it. The tax development implemented in recent years fully reflected the essence and impact of taxes on the future of socio-economic indicators. The future development of the tax system presents new challenges regarding the improvement of the accounting system. In order to survive, commercial organizations need to be able to correctly determine the strategy of behavior in the market and calculate and pay income tax. Unfortunately, the problem of harmonizing the display and calculation of corporate income tax in accounting remains. Too many taxes and fees, imperfect tax legislation, tax pressure on enterprises, the need to reflect the same transactions in accounting and tax accounting, which depend on contradictions in legislation, cause a great risk for enterprises. That is why, during the calculation of income tax, it is necessary to check the effect and changes made to the regulatory and legislative framework. In this context, the following tasks arise: disclosure of the economic essence of calculations for the payment of income tax of enterprises; normative and legal regulation; the method of determining the tax profit (loss) of the reporting period in accordance with the norms of the current legislation.","PeriodicalId":112155,"journal":{"name":"Economics. Finances. Law","volume":"37 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139309185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}