Audit quality and stakeholder expectations

Pankov Victor Vasilyevich, Kojukhov Vladimir Leonidovich

The article considers topical issues of conceptual representation of the category of "audit quality”. Studied various approaches to the representation of the concept of "audit quality". It is shown that audit quality should be considered taking into account the expectations of stakeholders, including the auditee. It is shown that audit quality should consider at least two elements - regulatory compliance and compliance with the expectations of users of the audit report.

Challenges of audit development in Russia

Sheremet Anatoli Danilovich

This article analyzes the state of the auditing services market, identifies crisis in the process of auditors' training in Russia and decreasing interest in the profession of auditor, acknowledges reduced flow of people willing to audit as well as analyses the major developmental problems of the profession

Depreciation policy, as a factor of growth of innovative activity of economic entities

Grozovsky E.V.

This article is devoted to research on the impact of innovation activity of enterprises depreciation policy. The article deals with the concept of «amortization» and identified factors constraining innovation activity of economic entities. The review of legislation on the formation of the amortization policy of economic entities.

Features reporting by insurance companies in the forthcoming introduction of IFRS 4 Phase 2

Matveeva A.O.

The article analyzes the implementation of IFRS 4 "Insurance Contracts”, the output of which is expected to the end of 2016 year, in the aspect that the standard will create a new set of data elements to be used, such as a contractual service margin and risk adjustment. The problem, which reveals the author, will require significant changes and investments in systems and processes. The results will be important for insurers to understand and determine the financial information to be presented in the disclosure of financial statements published prior to the design and development of systems and processes to meet the new reporting requirements

Financial control at the managements system of financial flows of the enterprise

Nunyan O.A.

The principles of management of financial flows of the organization. Identified the need and importance of building an effective system of management of financial flows of the enterprise The types of financial control. The problems of audit control on the basis of the analysis of the data of the Ministry of Finance of the Russian Federation. The proposed methods of resolving the audit problems

Implementation of international activities in the field of accounting education

Lianskij Mikhail Efimovich

The lack of competent staff has been investigated as an urgent need for specialists to apply principles, assumptions, rules and approaches of international practice supported by effective experience of most countries in the world [1]. This provides for the elaboration of awareness of the need for strategic analysis of interrelated phases of formation and implementation. Cultivation of professionals is seen as the most important strategic objective, as the need for the development of the accounting profession and its transformation in management and finance. Innovative solutions and practical activities are developed. New thoughts are used as a basis for strategic projects of specific enterprises. Brand new perspective is formed and pressing tasks of specific enterprises are solved. Professional implementation of practical activities with their interweaving into the system of organizational structures of specific enterprises is implemented. Financial reporting of enterprises is displayed on the level of recognition and acceptance on stock exchanges around the world.

Information about the organization capitals and its disclosure to the integrated reporting

Efimova Olga Vladimorovna

The current standard of Integrated Reporting offers the approach that focuses on the principles. It creates methodological issuehow todevelop and to justify the indicators selection that reflects the value creation process within the organization. To solve this problem, we carried out the best practice analysis of the integrated reporting among domestic and foreign companies. On this basis we proposed the system of indicators to characterize different capitals involved in the process of value creation. From one side this system of indicators allows to take into account the entity specificity and characteristic features of the particular business model and from the other side it gives possibility to disclose the information concerning capital availability and efficiency. This information is valuable for stakeholder needs to analyze short term and long term business sustainability.

Management accounting of the cross-functional business processes

Gordeeva E.I.

Research in the field of business processes showed the negative impact of the emergence of different barriersbetween company divisions to the activity of organizations. Scientists formed proposals for the creation within the company cross-functional team of managers to eliminate these barriers. For a more effective operation of cross-functional teams it is necessary to create anintegral information space of the organization. The author proposed a way for constructing the management accounting system for cross-functional business processes through the creation of a common information space in the firm

The integrated information and analytical providing and artificial intelligence in a control system

Chernov Vladimir Anatolievich

In article innovative opportunities of management of an economic system on the basis of the last achievements in the field of information technologies and systems are opened. The author opens information and analytical technology of forming of the integrated reporting with transition from the database to the knowledge base. In article recommendations about creation of the electronic integrated reporting with functions of artificial intelligence in the form of expert (intellectual) systems are given. The author consistently proves statement that the theory of the economic analysis is property of domestic science and its more active use in education and economy is demanded and it is necessary for Russia.

The investment attractiveness monitoring in the system of strategic management of the region, aimed at improving its investment attractiveness

Nikolaev V.A., Zhukov Maksim Sergeevich

The article discusses the role of monitoring in the field of development of the regional administration. The authors focuses on the fact that local governments neglected the process of monitoring the various aspects of the functioning of institutions, ensuring the development of the region and improve its investment climate. Foreign experience suggests that by monitoring spheres of life, taking decisions, the economic data is possible to achieve the necessary results in the planning and forecasting of socio-economic development of the region



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