#3 / 2014
The Economic Theory
Development theory aspects of Russian fuel and energy complex
The paper provides a definition of Russian fuel and energy complex, its main
characteristics, the structure of the complex, as well as its inter-industry connections.
It considers the direction of the fuel and energy complex of the scientific community
in different periods of historical development of Russia, from the beginning of the
industrialization of the domestic economy to the current stage of development of the national
economy. The author substantiates the role and importance of the fuel and energy complex in
the overall structure of the Russian economy. He specifies the basic problems of the industry,
the factors constraining the development of the fuel and energy industry today. The scientific
article examines the need of further scientific study of this problem, including its regional
State and business structures competitiveness: content , objectives, methods of providing
The paper reveals objectives differences, subjects, instruments
for competitiveness, methods of evaluation and the consequences of declining competitiveness
on the analysis basis of enterprise structures competitiveness and state competitiveness
slices. The author formulates theoretical problems preventing the solution of business
structures competitiveness ensuring and increasing state competitiveness. The scientific
article represents the principles of unification tool for competitiveness.
Capital accumulation and reproduction probl ems: fixed industrial assets state
The scientific article considers the issues and problems of capital accumulation
and reproduction. The author examines the dynamics of change in industrial fixed assets,
the problem of lack of competitiveness of Russian industry. The paper analyzes the
reproductive structure of investments. It also contains a valuation analysis of the main
factors constraining the companies and organizations development. The author studies trends
and investment performance of various industries. It is one of the keys to understanding the
current problems that have accumulated in the Russian manufacturing sector.
The Russian Federation credit system and economic development current challenges: conformity problems
This paper studies modern challenges of the Russian Federation formed
by globalizing economy (national economy), state, regions, enterprises and organizations,
connected with credit and credit system of the country. It determines the requirements of the
economy to credit. The author draws a conclusion that the credit system of the Russian Federation,
being effective in a number of market criteria, is unable to response wholly the challenges
of the Russian economy and globalized world. The scientific article highlights the fact that credit
system of the Russian Federation should work closely with the state and look for new ways
to interact with the state for an adequate response to the requests of the economy.
A.Yu. Rodnina, E.E. Nikolaeva
Postulates of credit theory relations VS the Russian Federation credit system
The scientific article investigates the Russian Federation credit system
in terms of its compliance with the basic principles and laws of credit relations development
(credit theory postulates). While reaching this correspondence the credit system is able
to respond adequately to the challenges economy produces. The authors draw a conclusion
that modern Russian credit and finance system does not provide the realization of most of
the principles of credit relations. It does not act in accordance with requirements of high
level theoretical thought. It is necessary to unite the efforts of the credit sector and the state
as the task needs the support of the state.
Problems Related to Investment Activity
Investment strategy as an instrument of investment policy (based on the Krasnodar Territory)
The scientific article highlights the category of «investment strategy
in the region». It considers the process of its formation and direct impact on the investment
attractiveness of the region on the example of the Krasnodar Territory. The author focuses on
the fact of application of this category as an effective tool for the implementation of regional
economic policy. The author pays her particular attention to the activities of a number
of strategic areas of innovation and investment development, which are implemented at the
moment. The paper represents recommendations and the directions of attracting investments
into the economy of the region through the creation of competitive clusters.
Constitutive characteristic and mode of regional economic systems development of depressive type
The scientific article investigates the constitutive features of regional economic
systems of depressive type, widely represented in the economic space of modern Russia.
The author focuses on the main objectives of these systems. He reveals the core
of the mechanism of inhibition of their development. The paper concludes that the method
of development of regional economic systems of depressive type is caused by the process
of capitalization of their institutional status. The increment of institutional status forms
the basis for the extraction of specific rents. The paper reveals requirements to enhance the
development of instruments of regional economic systems depressive type, adapted to modern
conditions of stagnation in the Russian economy. It clarifies the resource support problems
of Kabardino-Balkaria — one of the typical regional economies of depressive type.
S.V. Aluyan, F.V. Shutilov
Strategic planning as a regional social and economic system control mechanism
The article deals with the theoretical approach to the strategic planning
of regional development. Strategic planning is a very important and necessary part of the
development of regions of Russia. The development of a strategic plan is one of the most
important and difficult tasks facing the state. The article defines the characteristics and the
basic steps for the implementation of the strategic plan of social and economic development
of regions. The authors identify targets and activities in solving social problems.
A.A. Bzhasso, Ò.À. Martynova
Cognitive tools applying necessity in crisis manag ement at the meso-level
The scientific article reveals the necessity of cognitive tools application in crisis
management of modern Russian regional economy. The authors focus on the conditionality
of this application by the way of combination of the new economy beginnings and stagnation
manifestations at the meso-level. They propose new types of cognitive tools of crisis
management of the regional economy.
O.P. Bondarchuk, D.S. Pashtova
Regional economy development in the crisis of the previous growth model
The scientific article investigates the resources and the main development
directions of the regional economy of modern Russian development, when we observe the signs of
the previous growth model crisis in the terms of protracted stagnation. Opportunities exhaustion
for further growth of regional economic systems sets the task of finding qualitatively new
opportunities before the regional economy theory and the development of promising directions
of the evolutionary process at this level, demanded in the terms of slowing economic growth.
The authors reveal the fact that the protracted stagnation activates a special institutional
trap for regional development. Intensifying budget constraints require qualitatively new tools
for enhancing territorial entities of business. They offer progressive tool to promote regional
economic systems. The paper substantiates respective directions of development according to the
conditions of the South of Russia, dominated by territorial localization of depressive type.
Socio-ecological-economic evaluation and projection methodology of sustainable development of agricultural-oriented areas
The scientific article substantiates the urgency and the contents of the
author’s approach to the systems parameters of sustainable development at the regional level
in the context of the three components (environmental, economic and social). It represents
the specificity of the North-Caucasus Federal Territory economy according to which a system
of performance indicators has developed. The paper gives the brief characteristic of the
current stage of development of the region taking into account current trends. The author
proposes a method of multi-criteria spatial-temporal evaluation SEEA of agro-industrial
type. It is based on the indication of general indicators within the allocated areas with high
accuracy to identify the current model of sustainable development.
L.N. Drobyshevskaya, K.M. Isakov
Theoretical and methodological approaches formation to the innovation activity study of meso-economic systems
The present paper considers the possibility of enterprises innovation activity
analysis, taking into account the advantages and disadvantages of statistical research base.
The authors formulate the concept of innovation research organizations. The scientific article
reveals methodological shortcomings and methodological limitations of information and
M.G. Kovalenko, V.V. Shalatov, N.A. Kusina
Sub-clusters role in inter-municipal socio-economic differences smoothing
The scientific article discloses a number of aspects related to the rationale
for the use of sub-clusters in overcoming of inter-municipal socio-economic heterogeneity
in the budget-deficit regions of Southern Russia, which has steadily increased. The paper
examines the possibility of a cluster tool to smooth inter-municipal differences on the example of one of these regions — the Adyghe Republic. The authors pay their particular attention
to the assessment of preconditions for the creation of clusters and agro-tourist-recreational
type in the Adyghe Republic.
Regional competitiveness improvement mechanisms: marketing areas
The paper clarifies the concept of competitiveness of the regional economic
system. It defines the role of marketing areas in the process of increasing the competitiveness
of the region. The author represents an analysis of the use of marketing tools territories in
the Krasnodar Territory. The scientific article reveals the mechanism of the implementation
of marketing tools territories to the control system of regional social and economic
Potential cluster structures in the development of vertically integrated corporations’ interaction with regional economic systems of Southern Russia
The scientific article discloses prospects for the formation and development
of cluster structures in the economic sphere of Southern Russia as a form of interaction
between vertically integrated corporations (VIC) with regional economic systems. The author
highlights the basic group of regional clusters forming during the interaction VIC different
types and levels of development in the regional economies of the South of Russia. The paper
reveals principles and functions of management of territorial clusters, key constraints
clustering process of economic space in southern Russia.
I.V. Sugaipova, E.N. Zelepukhina
Main industrial structure-types economic activity analysis of Krasnodar Territory to identify their potential for clustering
This paper presents the method of analysis of industrial structure-and longterm
economic activities of the Krasnodar Territory in order to identify their potential
for clustering. It considers the prospect of the creation and development of metallurgical
cluster in the Krasnodar region on the base of companies «Novorosmetall» and «Abinsky
O.B. Ugurchiev, R.O. Ugurchieva
FTPs as of social and economic development mechanisms of territories
This scientific article analyzes the problems of regional development.
Program-target method of economic and territorial management is an important means
of active influence of the state on the socio-economic complex problem regions. Nowadays
targeted programs are mechanisms that help regional authorities to overcome the existing
problems and to reach a new level of regional control. While working on the preparation and
implementation of long-term programs targeted regional executives, managers acquire the skills
of a systematic approach to the regional problems. In modern conditions it is obligatory to
present scientifically developed strategies for social and economic development of territories.
Federal authorities are taking consistent steps to coordinate the various programs of regional
social and economic development.
O.B. Ugurchiev, R.O. Ugurchieva, D.O. Ugurchiev
Basic federal targeted programs financing analysis of regional development during 2011—2013 period
This scientific article analyzes the financing of federal targeted programs
for regional development. The authors use the data of State Programs Department and investments of Economic Development Ministry for the period of 2011—2013. They
unite the data in the table on following quantitative and qualitative indicators: federal
program name, financing sources, as well as planned and actual amounts of funding during
2011—2013. The paper draws some conclusions. Generally speaking federal program funding
in the Russian Federation in the period from 2011 to 2013 is uniform, increasing from year
to year. Funding levels for the target programs vary considerably depending on the programs
priority. Federal-target programs fulfill its main task in the post-crises period as budget
investments enliven industry economic and social areas.
The Account, Audit and the Control
Due diligence in terms of actuarial accounting : procedure method
The paper describes the general methodology principles of a professional service
due diligence gaining popularity in Russia now. It gives the details of transaction expertise
application. The scientific article represents illustrations to provide a common understanding
of the elements due diligence, as well as tables detailing the procedures for each direction.
The author reveals his own approach to the description of the stages of deal and capital
examination. He determines the need to develop methodological support of capital transactions
for the Russian professional practice (in the field of accounting, auditing, taxation, finance
and law) as part of the actuarial principles of accounting concepts.
T.G. Belozerova, D.V. Lugovsky, R.A. Tkhagapso
Intangible assets: identification, evaluation and classification problems
The scientific article presents the definition of immaterial assets, intellectual
property and intellectual property. It also demonstrates their similarities, differences and relationship. The authors reveal economic and legal differences in the composition
of objects recognized as immaterial assets in the Russian and international practice. The paper
denotes legal definition of immaterial assets as a set of property rights to the intellectual
activity results and individualization means. It considers the essence of immaterial assets
classification according to the nature of the rights of intellectual property, duration, value
maturity, sources of income and the possibility of alienation. The authors give the technique
of immaterial assets revaluation and impairment.
Financial instruments accounting : transition to IFRS 9
The scientific article provides an outline of the final version of IFRS (IFRS)
9 «Financial Instruments», published by the IASB Council in July 2014. It investigates
its impact on increasing information content and reliability of the financial statements
of companies in a volatile economic environment. The author pays her particular attention
to the provisions relating with classification and measurement, impairment and hedging
accounting, which fundamentally changes compared with the current standard governing the
accounting of financial instruments — IAS (IAS) 39 «Financial instruments: recognition and
I.N. Kostyukova, D.V. Lugovsky, R.A. Tkhagapso
Identification and evaluation of in accordance with Russian and international standard
The paper presents the definition of inventories as a collective term to
name the short-term non-monetary material assets. It specifies criteria for the recognition of the stocks in the useful life and the ability to bring economic benefit. The authors highlight
the differences between the components of inventory — materials, goods and finished
products. They discuss the necessity of normative regulation of accounting work in progress
as reserves component. They give classification of reserves functional role in the production
process. The scientific article reveals possibilities of accounting policies during the initial and
subsequent measurement of inventories.
Economy of Agrarian-Industrial Complex
Land quality and farmland valuation methods
The scientific article examines the theoretical aspects of qualitative and economic
evaluation of agricultural lands. It considers the concept of land appraisal and its indicators
application in the land economic evaluation. The paper represents the fundamental differences
between the two methods of cadastral valuation of agricultural land. The author determines the
main indicators of agricultural organizations efficiency, according to the land quality.
Cluster approach to integration cooperation of APC enterprises at meso-level
The scientific article deals with the implementation of the cluster approach
to the organization of integration relations of economic entities of territorial agricultural
complexes. It reveals the possibilities of cluster structures in ensuring agro-industrial complex
competitiveness at meso-level. The paper presents the results of a comparative analysis
of vertically integrated corporate and cluster structures. The author highlights the key
factors that promote and prevent the formation of agro-industrial clusters in Russia.
The Theory and Practice of Business
E.N. Zakharova, V.V.Prokhorova, V.A. Tkachenko
Innovative development paradigm modern business
This paper considers the tendency of formation of an innovative economy
in which business profits are created by the excess flow of innovations. A key figure
in this economy is an entrepreneur. Business aim is the constant focus on the search for new
combinations of economic resources. The authors represent several variants for innovative
development strategy in Russia. They reveal the role of innovation infrastructure as a basic
ingredient of innovation.
O.V. Torchinova, R.A. Barkenkhoeva
Interim liability accounts as an evaluation tool of social responsibility of integrated economic relations participants
The scientific article considers the tasks that contribute to the formation
and development of tools for social responsibility of integrated participants. It discloses
the contents of one of the tools — the integration of the accounts interim responsibility of integrated participants in the system of national accounts and the system of regional
accounts. This solution provides an adequate level of social responsibility of governments,
large corporations, non-governmental organizations with significant investment potential and
capable of generating significant risks and threats associated with the results of its impact on
the development of spatial economic systems (national economy, regional economy, the local
Leadership in the control system
The paper reveals the theme of leadership which has always been, is and will
be one of the most burning themes occupying the minds of a lot of generations of all ages —
practitioners and theorists. It was interesting at all times; it has not lost its importance today.
The leadership theme is connected with its place in society, political and social and economic
processes, as well as the fact that leadership is a form of social and interpersonal interaction.
The author gives the definition of effective leadership and examines the main features
of leadership. The scientific article reveals the essence of leadership, studies theoretical
and practical characteristics of a leader and finds a direct connection between leadership
Taxes and the Taxation
E.E. S mirnova
Analysis of the current practice of tax control completeness reflection of individuals’ income and its efficiency improvement
The scientific article considers the question of evaluation of tax administration
efficiency on individuals’ income in the Russian Federation. It highlights the problems
arising in the implementation of tax control as well as analyzes the methods of assessing the
effectiveness of tax control. The author examines the experience of tax control in Moscow
with the collection of qualitative evidence base in order to avoid unreasonable additional
charges. The paper presents the feasibility of using tax control measures to improve the
efficiency of tax control.
Production tax administration increasing in the economy modernization
The paper discloses the main tasks of state regulation of the economy
in the post-crisis period. It highlights the need to improve tax administration in the Russian
Federation oriented on the production development stimulation, high technology products
increasing in exports and customs procedures simplifying and other administrative restrictions
on exports. It pays its attention to development of information security and improving
coherence administering bodies. The author substantiates the necessity of tariff protection
for inexpensive domestic manufactured goods that are produced in sufficient quantities
by Russian enterprises and provide domestic demand. Rates for more expensive goods must
be kept low and this will preserve the imports volume and provide certain competitive
conditions. The scientific article draws a conclusion that the tax system reforming is essential.
It includes issues related to a decrease in payments to the state budget funds.
Z.K. Avdeeva, E.N. Zakharova, S.V. Kovriga
Security threats analysis method of a megacity based on cognitive maps (based on Moscow): the situation structuring knowledge
The paper considers the analysis method of security threats for a metropolis
based on cognitive maps construction and analysis. The scientific article is presented in two
parts. The first part deals with the most difficult stage of the analysis of the situation,
namely the structuring of knowledge about the situation in the «language» of cognitive
maps. In the second part the authors examine formalization of the primary map and analyze
the situation. They build methodology according to the latest theoretical research models
and methods for analyzing situations on the basis cognitive cards held both by their research
group and with regard to research other applied researches.
A.Kh. Karanashev, L.A. Tselykh, A.G. Karasheva
Methodological aspects of diagnostic innovation potential of corporate culture of Kabardino-Balkaria recreational sector enterprises: comparative cognitive modeling
The paper deals with innovation potential modeling of enterprises’ corporate
culture in Kabardino-Balkarian recreational sector on the basis of influence of its basic
elements. It takes into account aspects of Russian mentality and specificity of internal
and external mechanisms of corporate development. The authors use the method of successive
extensions of the domain by constructing cognitive maps for the three models to identify
factors, concepts, reflecting specific industry areas (tourism sector), the national aspect
(Kabardino-Balkaria) and strategic direction of the analysis. They carried out a comparative
analysis of the dominant factors of corporate culture based on indicators of cognitive maps
and identified the main group of vector effects in the relevant models that form the thrust
of its innovative development.
Structure, content and purpose of early balance sheets
Numerous researchers of Pacioli treatise continue to argue about the structure
and content of the balance sheet described in it over a hundred years. In the records
of the company Kuban State University scientists have found Datini company’s unique version
of the early balances application a century before Pacioli treatise. They built two balances
at the same time in one accounting period: both are cash balance. One was in the General
ledger (trial), the second was on separate sheets, booklet (financial report). The paper aims
to identify similar examples in other companies.
Professor M.I. Kutercontribution in Russian theory and practic of accounting development
The paper studies Professor M.I. Kyter’s researches. The accounting community
will celebrate his 70th birthday in the near future. The results of the research in the history
of accounting play an important role in the proper understanding of the accounting genesis.
The author pays his particular attention to the medieval period. It was that time when full
double-entry bookkeeping system used in the modern world had come into being.
Italian double entry bookkeeping : the Pacioli Code
The scientific article is confined to the 520-year anniversary of the treatise
«On the accounts and records» and the 570-year anniversary of its author — Luca Pacioli.
The author suggests hypothesis of some mysteries’ discovering of the treatise. It represents
an accounting goods model according to the examples of the text. The paper makes an attempt
to distinguish the fundamental principle Pacioli took into consideration in accounting
procedures. This principle reveals peculiarities of entries in the accounts ledger. The paper
examines a real interpretation of the concept of duality used in the treatise.
M.I. Kuter, M.M. Gurskaya, D.N. Alenikov
Negation of the negation is the path of scientific development or a new look at the first synthetic balance
This paper discloses a new attitude to the formation of the earliest analytic
and synthetic (compressed) balances and the accounting system adopted in the French Avignon
at the beginning of the XV century. It considers the acting option of conducting combined
accounting (partly by periodic inventory, partly by double-entry method on dual accounts,
with a parallel arrangement of the debit and credit). The authors clarify the analytical balance
technique of constructing and the compression engine performance in synthetic balance. They
reveal the fact that there is no nominee accounts of the financial results and the account itself
«Losses and profits» in the accounting system. The main purpose of constructing analytical
and synthetic balances was to identify the financial result in an increment or «eating away»
capital. They didn’t use balance control function.
M.I. Kuter, M.M. Gurskaya, A.M. Musaelyan
Amatino Manuchchi , Giovanni Farolfi partner in Provence heritage: historical lessons of double-entry bookkeeping
The scientific article deals with the practice of the early registration system
conducted according to the rules of double entry. It pays particular attention to a trial cash
balance. The authors create the accounting model of the first detected Ledger nowadays
on the basis of historical data by accounting and analytical modeling. This model allows
making conclusions about the period used in the techniques and methods of accounting.
The result of the study leads to the conclusion that the account, conducted in Farolfi
Company, was on way of its development and it went back to the banking account. The authors
suppose that the Ledger examined was formed according to the rules of conducting banking
books taken in Florence at that time. It is worth noting that the basic ideas of management
accounting, which originated in the XIII century, were gathered and fully consolidated
in the information model, which we know as the double entry. Generally speaking «Giovanni
Farolfi and Co.» books are recognized as one of the major monuments of the early history
of accounting. Amatino Manuchchi is considered to be one of the fathers of our profession.