Headings of the journal
"Economics and Management"

Annotation: The article deals with the influence of factoring operations on the turnover rate of working capital on the example of 15 companies in the packaging industry, selected due to the peculiarities of their production process, characterized by minimal seasonal fluctuations and selling products exclusively to wholesale buyers. Companies were grouped by the degree of involvement of receivables in factoring transactions into three categories: the first group includes 5 companies, handed over to the factor of about 75 % of accounts receivable, the second group including 5 companies that gave the factor of about 40 %, and the third group of 5 companies presented a factor of about 15 % of its receivables. The main purpose of the study is to determine the degree of influence of factoring operations on the acceleration of the turnover of current assets of the organization, depending on the share of accounts receivable transferred to factoring. The results of the study showed that 67 % of the companies selected for analysis confirmed the assumption that with an increase in the volume of financing of factoring transactions, the speed of turnover of working capital significantly increases, which ultimately allows us to determine the presence of a strong inverse relationship between the studied variables.

Annotation: This article examines the development of the Danish economy, which is clearly working well. Growth was at its fastest in a decade last year, and the output gap seemed to narrow for the first time since the global financial crisis. The labor market has strengthened, and opportunities are being constrained in the financial sectors. Wage growth is consistent with productivity while inflation remains subdued. The financial situation continues to improve, and the public debt remains stable. This article contains figures and tables for several years. Key financial vulnerabilities include high levels of household debt amid high property valuations after a long period of weak financial conditions. There were also signs of risk in some sectors, such as commercial real estate, Taxation in Denmark is based on tax obligations under domestic law as an ordinary tax resident or non-resident. Denmark’s financial protection system and crisis management system, including Bank rehabilitation, have improved significantly.

Annotation: The article examines the issues of practical application of methods for assessing the effectiveness of the accounting system, gives a definition of the accounting system of the company, its effectiveness. Various theoretical approaches to the definition of key concepts included in the accounting system of domestic organizations in the framework of RAS are considered. The article defines the place and role of the accounting system within the company’s information field. Various approaches to quantitative and qualitative assessment of an organization’s accounting system are considered. The effectiveness of the accounting system is evaluated on the example of the domestic organization Vector-it LLC. The accounting system of the organization fully provides all users of management information with reliable and timely data for planning, control and other business operations. The efficiency of the accounting system plays a special role not only in the internal processes, but also in the management of the company’s foreign economic activity. Considering the emerging trend of active participation of owners in the management of the company, the importance of information in the accounting system is constantly increasing. This can explain the relevance of the topic of this article.

Annotation: At present, the activities of Russian business are characterized by a complication of methods and forms of interaction between business entities, unpredictability of risks, and increased competition. In this regard, an increasing number of enterprises are realizing the need for conscious and effective management of financial activities. Financial policy is the most effective tool in the long-term management of the financial activities of the enterprise, which is subordinate to the implementation of the goals of its general development in modern conditions of significant changes in the macroeconomic nature and uncertainty. An effective financial policy of an enterprise should include not only financial support for the work of a business entity, but also the achievement of the economic interests of participants in a business transaction, the growth of well-being of the owners of the enterprise. Nevertheless, financial policy is influenced by the external and internal environment, which requires its goal-oriented and phased formation, as well as the implementation of financial measures by interacting with the procedural and technological elements of the strategic management system and its resource components. The development of an effective financial policy of the enterprise involves the construction of the most appropriate system of managing the financial resources of the organization, in order to achieve the goals of its functioning, which are expressed in maximizing profits, ensuring financial stability and investment attractiveness. The content of the article includes a description of approaches to the formation of a sustainable financial management system in an enterprise in a dynamically developing market, as well as key parameters for the implementation of an effective financial policy of the enterprise, which is now considered a complex and urgent problem. It is noted that the formation of an effective financial policy of an enterprise should be based on a whole range of tools, which include: tools for redistributing resources, attracting resources and preventing risks.

Annotation: The article examines the issues of assessing the effectiveness of customs authorities in accordance with the legislation of the Russian Federation, as well as possible solutions to problems in the digital environment. Digitalization of the Russian economy dictates the need to study the activities of customs authorities in the context of their functional purpose on the basis of new approaches that should reflect aspects of budget filling, economic security of the Russian Federation, information and analytical activities, etc. in the new information environment. Digital representation and provision of information today represents a new trend in the development of the world community, which becomes the basis for improving the economic efficiency of any organization. To date, the use of digital information technologies provides a functional component of all technological, foreign economic operations of customs authorities. The study of the digital approach to the content and assessment of the activities of customs authorities is natural and obvious, as it is caused by the requirements of the current information environment. This is primarily due to the fact that in modern conditions in the activities of the customs service, not only the Declaration flow of electronic format is increasing, but also the powers of the electronic Declaration centers themselves are increasing. Russia’s rapid integration into the global economic space is based, among other things, on the digitalization of the customs service, which will increase the efficiency of its activities with a positive effect on the Russian economy as a whole and on all participants in foreign economic transactions. Improving the system for assessing the efficiency and effectiveness of customs authorities should consider the ongoing changes and, accordingly, will increase the level of management efficiency.