#1 / 2015

The paper considers ways of increasing the effectiveness of integration cooperation of the CIS countries in the sphere of currency regulation. It presents the basic principles of legal regulation of monetary sphere and analyzes the role of the Constitution of the CIS countries in the foreign exchange regulation. The authors determine the leading role of Russia in the regional interstate organization due to its high economic potential. They substantiate the necessity of national legislation harmonization in the sphere of currency regulation. The scientific article suggests strengthening the ruble as a regional reserve currency status

14-20.pdf

(91 Kb)

The scientific article considers the role of the cost price category in creating effective private sector of the Russian economy. The paper shows the direction of the formation of small business and the evolution of property relations. The author reveals specific economic conditions that complicate the operation and development of the relations of private property as well as attributes of small business and corporate capital. The author examines the establishment of relations of property and their effectiveness and state support in relation to their own small business, small business incentives

21-26.pdf

(487 Kb)

The paper considers the essence and the main peculiarities of intellectual services. It highlights their main activities. Authors pay his particular attention to analysis of the specific content of information and human components relationship of the process of intellectual services providing. The scientific article substantiates that the combination of human and information capital of market entity intellectual services lays the foundation for its successful functioning on the market

27-34.pdf

(164 Kb)

Regional Economy

This paper substantiates the validity of the introduction in scientific turnover of regional studies «external constraints» concept. It reveals the content of this notion, a critical assessment of a number of conceptual representations of forms and methods of such restrictions administering. The author draws a large sample to study the theoretical concepts and scientific positions represented in the modern literature. The author draws a conclusion that according to the scale of the impact on the economy of the country as a whole, and individual regions, we should expect a very serious negative impact on the economic and social development in Russia. Moreover, most of these consequences are of strategic character. The scientific article outlines some form of mitigation, bypass or overcome of external constraints, approved at the meso-level or potential for practical use

70-74.pdf

(84 Kb)

The paper studies the reaction of the economy of one of the leading regions of modern Russia — Krasnodar Territory — on external constraints factors. The authors proceed from the fact that the emergence in scientific terminology of «external constraints» concept due to the imposition of economic sanctions from the United States and the European Union, opposing to the global processes of globalization and integration, determines the urgent need for a detailed study of this phenomenon. Since 2016, the Krasnodar region is able to provide a positive dynamics of the volume of attracted investments in the regional economy. The region, despite the introduction of a number of external constraints, remains one of the leading Russian regions in attracting investment and proves itself a reliable partner with a lot of advantages over other actors: a high level of investment security, minimal economic risk. The authors substantiate that return to the world economy in a new format can have a positive impact on overcoming the negative impact of external constraints due to the use of the powerful potential of priority development which is characteristic for this region of the Russian Federation

75-80.pdf

(220 Kb)

The scientific article studies the reproduction process peculiarities in the health profile localizations, which are formed in the regional economy on the basis of systemic transformation of the existing sanatorium zones. This reproduction process is aimed at the human capital of the regional economy. The author focuses on the qualitative differences of economic data locations that determine their reproductive characteristics and movement specific features. The research is based on modern modular revision of the system approach, which allows revealing additional features of the reproduction due to the nature of health sites. The paper reveals the reproduction functions in these localizations as well as sets the main directions of development of this process. It presents instrumental needs. The author draws a conclusion that the choice of a particular development strategy reproduction depends on the «layouts» forces in the economic space of the regional economy

81-85.pdf

(176 Kb)

The paper investigates the human capital participation in the transformation of one of the main components of the system of regional economic policy – the industrial component. The destruction of the territorial industry and the industrial component of regional economic policy actualize the problem of recreating the specified component on a new basis. The authors disclose the necessity of a system of spatial organization of the restored territorial industrial complex. They discover the form of organization, in which human capital is in demand — functional industrial subsystem of the regional economy, based on the specifications of market power ties and functioning in the framework of public-private partnerships. Profile of such subsystem is determined by the structure of the resource base of the territory, staff competence of the human factor of the regional economy, territorial portfolio of technologies as well as positions of the regional economy at the national and global markets. The scientific article reveals instruments of the human capital revitalization in the transformation of the regional economic policy industrial component

86-91.pdf

(86 Kb)

The article defines the factors of competitiveness of regional economies; identified trends, opportunities and prospects for increasing the competitiveness of regional economies; an analysis of the prerequisites and the possibility of a new industrial development, the formation of new industries within the boundaries of the old industrial areas; studied the experience of new industrial areas in the agglomerations in Russia and abroad; An approach to the creation of conditions for the formation of neo-industrial regions in the Russian Federation

92-96.pdf

(81 Kb)

In this article the principles of operation of the mechanism of improving the system of management of development in the region; proposed organizational-economic mechanism of implementing the principles of marketing in the region’s development strategy, which will ensure that a recommendation for the development of the marketing potential of the region in order to increase its attractiveness; defined a system of performance indicators Marketing center of regional development in key areas

97-102.pdf

(497 Kb)

The paper deals with modern conceptual approaches to the definition of the tourism product in its regional context. It allocates areas of concern in understanding this category. The author makes an attempt to reassess innovation in the formation, implementation and promotion of tourist products on a regional scale as a result of sports tourism development. The author defines the problems of integration of the Olympic product and regional tourist product. The scientific article studies as well promotion of the tourist product in a post-Olympic space

103-108.pdf

(154 Kb)

Investments reveal new opportunities for social and economic development of territories. Regional authorities play the main role in attracting investment to the region. Their main objectives are the creation and maintenance of conditions for increasing the flow of private investment into the real sector of the economy, modernization of production, more efficient use of investment resources, minimizing risks to investors. The author analyzes the investment attractiveness and competitive advantages based on the Rostov Region. He examines topical issues of regional competitiveness strengthening, the formation of strategic directions of development and investment attractiveness of the region. Investments are the main instrument of regional development. The paper offers the directions of enhancing the investment attractiveness of the Rostov Region

109-113.pdf

(79 Kb)

The scientific article deals with the interaction of regulatory methods of vertically integrated corporations (VIC) and regional economic systems. It highlights key problems of integration interaction of meta-data systems and determines the functional profile of the controlling tools. The authors reveal the potential and specific analysis of the interaction matrix form VIC with the regional economic systems. The paper selects the shape effect of the implementation of the institutional development of the budget sub-zones in the Russian economic space

114-122.pdf

(198 Kb)

The scientific article deals with the mechanisms of the economic development improvement of the regional power complex on the basis of balancing the interests of producers and consumers of electricity. It considers also instruments of financing largescale investment organization projects in the direction of evolutionary decline in the share of the tariff component in the formation of appropriate funding sources. The authors examine mechanisms of economic agents interaction coordination in the implementation of joint projects based on public-private partnership in the interests of participants in the electricity market

123-127.pdf

(93 Kb)

The scientific article studies one of the priorities of regional economic policy — the industrial component, which, together with the territorial industrial complexes has undergone a profound destruction during market transformations and consolidate the Russian economy on the development of raw material. The author assesses the consequences of the territorial industry destruction and reveals the imperatives of industrial component transformation in regional economic policy that is possible due to the development processes of global integration and spatial competition. The paper represents arguments of necessity to attract human capital in the process of transformation of the test component of the regional economic policy, assessed the possibilities and limitations of its functional involvement in the process. It determines promising areas of territorial recreation industry regional economies of the South of Russia according to modern conditions

128-132.pdf

(173 Kb)

The paper reveals the heuristic opportunities and conceptual representation limitations of the regional economic system as a quasi-corporation. It examines constitutive features, functional features of the regional economic system and corporations. The author presents results of the comparative analysis of the regional economic system as well as the economic system characteristics of a vertically integrated corporation

133-140.pdf

(95 Kb)

The Account, Audit and the Control

The paper defines the essence and purpose of a professional due diligence services gaining popularity in Russia nowadays. It describes the author’s approach to the definition of expertise functions with capital transactions cleanliness. The scientific article analyzes the existing definition and offers the author’s definition. The author determines the need for the development of Russian professional practice (in the field of accounting, auditing, taxation, finance and law) with methodological support of capital transactions within the framework of the principles of actuarial accounting concept

141-147.pdf

(141 Kb)

The development of accounting is connected closely with formation of economic relations in society and plays the main role in the economy. It is very difficult to imagine a rapidly changing world without the financial information formed due to accounting. The paper presents a comparative analysis of the peculiarities of accounting and reporting in the Russian Federation and in the Republic of Angola in accordance with IFRS. The author demonstrates problems and directions of accounting reforming

148-154.pdf

(89 Kb)

The scientific article deals with the financial and non-financial reporting. It defines their objectives, content and quality parameters. The paper represents limitations of financial statements under IFRS to meet the information interests of all interested users. The author substantiates the necessity of taking them into account in determining the composition of the financial and non-financial reporting based on the characteristics of the users’ interests of public enterprises reporting information

155-161.pdf

(89 Kb)

Accounting reformation is associated not only with the transition to IFRS, but also with careful study of future changes. The new IFRS 15 «Revenue from contracts with customers» is one of the changes with the fundamental character. This scientific article reveals the changes that can appear before domestic companies. IFRS 15 is one of the few standards based on principles. However, the more general are the principles, the greater role belongs to professional judgment. It can be applied to energy companies. The relationship between wholesale markets participants are based on a significant number of contracts. The author makes an attempt to systematize the contractual obligations arising from contracts on the wholesale market of energy and power. The paper considers the possibility of accounting for transactions under these contracts in accordance with the new standards

162-168.pdf

(91 Kb)

Economy of Agrarian-Industrial Complex

The scientific article assesses the current state of fruit and grape industries in AIC of Abkhazia. It substantiates the necessity of programmed simulation application as a way to improve the efficiency of the industrial development process control, the organization of expanded reproduction in optimal range of options. The aim of the presented work is to develop methodical positions as well as practical bases of the agricultural development program in Republic of Abkhazia on the example of fruit and grape sub-complex, taking into account the specific features of the modern business environment. The paper examines prospects of sustainable development scenario organizing. The author determines necessary economic conditions aimed at irregularities elimination and territorial structure management improvement. He analyses the effectiveness of implementation of fruit and grape sub-complex of AIC. The paper draws a conclusion that development and implementation of «Programmed activities» are aimed at the long-term policy as well as at problem-solving in wine-making industry and efficient production of fruit crops

169-173.pdf

(80 Kb)

The paper considers a method for determining the optimal composition of machines and tractors fleet (MTF) of the agricultural organizations. It takes into account the possibility of «flexible» duration of the mechanized operations in the most intense periods of the field season. This method is based on an iterative optimization of adjustment results of MTF using traditional models of mixed integer linear programming criterion the minimum difference between savings and investment cost of crop losses. The authors worked out the algorithm of implementation methodologies and analytical yield losses depending on the length of harvesting cereal crops to determine the optimal composition of the combine fleet

174-181.pdf

(400 Kb)

The paper considers the relevance and prospects of outsourcing model of business organization in agro-economy of Krasnodar Territory in the framework of cluster approach. It studies the strategy of agro-industrial cluster with the expansion of economy clustering practice. The scientific article formulates basic postulates of outsourcing model of management in Russian agro-economy in general, and in the Krasnodar Territory in particular, as an example of intensive agrarian production region. The author offers a concept of outsourcing development in agro-industrial complex, taking into account its paradigm alterations in the conditions of increasing competition in Russian agrarian and industrial complex

182-188.pdf

(373 Kb)

Service Economy

This paper considers the integration processes that contribute to the unification of educational, scientific and innovative capabilities of the leading educational centers in the Russian Federation. They form a large market of educational services, increasing the scale of research and innovation work. The scientific and innovative educational consortium (SIEC) is the main point of the interaction. The organizational structure of SIEC should be systematic and constantly transformed depending on the new targets connected with the provision of quality educational services and production of innovative products. The authors determine that the organization of the economic system updates and balanced interaction between scientific and educational processes in the educational services modernization should be based on the principles of integration, efficiency, rational using of the infrastructural base, human capital and other tangible and intangible factors and conditions of the university educational environment

189-195.pdf

(266 Kb)

The paper considers the concept of information services, users and suppliers of such services. It reveals the content and structure of the market information services and allocates basic components and elements of the structure of the market information services. The author pays her special attention to the way of structuring in general as a means of effective markets management as well as the information services market. The scientific article clarifies definition of structuring in the general and its application to structure elements of the information services market in particular. It defines methods of structuring and describes the process. The paper studies the basic principles and objectives of the structuring of the market. It represents the principal structuring models of the markets and suggests an approach to research this aspect of the problem of development of the information services market

196-200.pdf

(116 Kb)

Management

The paper considers economic and financial, institutional, regulatory and other factors that contribute to a more effective and rapid development of innovative economy. It offers a differentiated system to stimulate scientific and technical activities to ensure progressive changes in the real sector of the economy offered focused on the domestic use of the organization’s ability to self-development and diversification of high-tech industries. The authors present a system to stimulate scientific and technical activities of organizations focused on the mobilization of all intellectual resources, as well as material and financial resources to form a new technological order and increase the competitiveness of the production sector

222-228.pdf

(162 Kb)

The paper describes the various management components, based on the results and project management cycles and explains the ways of their implementation in practice and their institutionalization. Production efficiency increasing is one of the most important tasks of the state (creation of favorable conditions for efficient operation), and enterprises management (analysis of industrial activity, development and implementation of measures to improve production efficiency, the formation and implementation of future projects, etc.). The society has never been indifferent to the cost, but the production efficiency increasing is the central part of progress, that means the economic and social productivity. Every sphere of activity is characterized by the processes of changes in the functional structure due to reproduction process. The meaning of the evolution of management lies in the fact that without changing controlling system there is need to generate additional type and subject contour managing. The author draws a conclusion that the key to success is in the continuous improvement of the effectiveness of management, a systematic analysis of the production activities, development and implementation of measures aimed at reducing costs

229-234.pdf

(133 Kb)

Taxes and the Taxation

The paper presents a comparative evaluation of the tax burden on individual entrepreneurs in the application of the patent system of taxation and a single tax on imputed income. The authors examine Maikop, the capital of the Adyghe Republic, in comparison with Stavropol, St. Petersburg, Krasnodar and some parts of the Krasnodar Territory, bordering on the Adyghe Republic. They study trade, passenger transportation services, hairdressing and beauty salons services. The scientific article discloses that the factors affecting the business conditions and profitability, as well as potential regulatory impact of K2 on socio-economic development of municipalities are not adequately taken into account in establishing values of the coefficient K2 and the value of a patent. The authors draw a conclusion about the necessity to rank the cost of a patent for the municipalities in the region in dependence on the complex account of factors: the state of development and the demand for each type of activity, population, standards of living and the average wage in the relevant sector

201-212.pdf

(529 Kb)

The paper substantiates the direction of tax policy at the level of subjects of the Russian Federation. It considers tax regulation and practice of regional taxes and their impact on economic development entities. The author presents a comparative analysis of the capability and use of leverage implementation of the tax mechanism at the regional level based on the Russian Federation. He examines the ways to increase the share of tax revenues to the budgets of Russia and suggests means to stimulate the activities of enterprises in areas of import substitution, the direction of the reformation of property taxation

213-221.pdf

(105 Kb)

Economics history

The paper studies the nature of equity in the first Francesco Datini’s individual enterprises and companies in Pisa. It notes that equity in its usual concept did not exist. Equity took into account the ongoing capital investment in the form of cash and inventory as well as the seizure of property the discretion of the owners and joining the capital gains distributed before the accounting books closing

35-53.pdf

(2 Mb)

Congratulating Professor Michael Kuter with his 70th anniversary, students wish him a long life, good health, new research finds. The paper examines basic directions of scientific activity of Professor Michael Kuter. The author pays her particular attention to the verification of previously obtained results and their public re-evaluation. The scientific article presents studies connected with the first trial balance and early reporting, medieval amortization and other objects of medieval accounting

54-60.pdf

(92 Kb)

The paper considers and analyzes the main terms and concepts of reserves and regulators. Purpose of the scientific article is to determine the theoretical study of the reserves and the regulators of both economic and accounting categories, to identify their distinctive features. The authors study both historical-theoretical and scientific-practical aspects of the identification of accounting reserves. They consider different approaches of leading scientists in the field of accounting of funds, reserves and regulators for better understanding of accounting category reserves that allow identifying and systematizing the main features inherent in both individual groups of provisions and reserves in total. This paper draws a conclusion about the role of reserves and their place in the Russian system of accounting and reporting

61-69.pdf

(106 Kb)