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Vestnik of the Plekhanov Russian University of Economics

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No 6 (2015)
https://doi.org/10.21686/2413-2829-2015-6

STATE AND INTERNAL FINANCE CONTROL

3-10 507
Abstract
The article deals with issues connected with state control functioning at the present stage. The authors study certain shortcomings and violations found by control bodies in the field of finance, taxation and spending target budget funds. They appraise the work of the Federal Service of Finance and Budget Supervision and design key directions for enhancing state finance control and raising its efficiency. The ways of reaching these targets are also discussed
11-18 315
Abstract
In a crisis, resulted in a significant change in the financial industry and active state intervention in the operation of financial markets to the forefront the task of strengthening the discipline of budget execution, and accountability of all administrative activities related to the appearance of costs or financial obligations. The presence of serious internal and external problems, the extent and depth of the crisis, demand from the business review of the methods and approaches to the organization of its business. The need for priority implementation of this task affects both sides - government and business. Therefore the search for the necessary forms of control, determination of the optimal participation of the state in regulating the financial, economic and social relations and effective cooperation are at present a key objective. For the serious and structural change of the parties require difficult decisions and trade-offs in terms of implementation of regulatory requirements.
19-25 383
Abstract
The article provides findings of the research dealing with investment by the Fund of Social Insurance in permitted by legislation assets, analyzes placing of resources by the Pension Fund of Russia, the Funds of Social Insurance of the Russian Federation and the Fund of Obligatory Medical Insurance. The author proposes methodological approaches for raising efficiency of resource placing, including those on legislative level. Findings of this research can be used to enhance profitability of money invested in finance instruments.
26-39 419
Abstract
The article discusses principles and practice of building a united risk-oriented system of internal control and audit in the public company Russian Railways, which can become a vital tool of company management and an important condition for ensuring efficiency of its economic functioning, finance stability, increasing investment appeal and dynamic development. The system is built on the basis of corporate standards with due regard to best world practice, Russian experience and requirements of global finance regulators. The practice of struggling against corruption and in-house fraud is being analyzed.
40-51 727
Abstract
National debt managing is a complicated system task of top-priority, which becomes upmost important in conditions of crisis facing Russian economy today. A key condition of successful solving the task is the availability of effective system of state finance control. The article deals with theoretical and methodological issues of organizing state finance control connected with assessing national borrowings on home and foreign markets of securities. The author investigates principles and key methodological approaches on the basis of which the system of assessing the efficiency of national debt can be designed. Indicators for assessing the efficiency of national borrowing management connected in topical blocks can be used as a methodological solution.
52-64 317
Abstract
The article analyzes expert work as a method of finance control and information function imbedded in it. It was shown that functioning of the municipal finance control system could lead to raising efficiency and effectiveness of local self-government bodies. The author offers recommendations aimed at enhancing normative acts regulating the activity of the municipal finance control system and raising the efficiency of local self-government bodies' work. The contribution of the municipal finance control system to the social and economic development of territories was analyzed.
65-70 755
Abstract
The system of state order is necessary for economy of any country, as it can satisfy the needs of federal, territorial and municipal structures in relevant goods, jobs and services. The article shows specific features of Singaporean system of state purchase; describes procedures of purchasing subject to imputed cost of state purchase and registration on the portal of e-state order. The author demonstrates that critical perception of experience of the country, which during less than 50 years managed to jump from the level of third-world countries to that of the most developed countries of the Asia-Pacific Region, making innovation and more advanced legislative and technical decisions could allow us in the future to build more developed and efficient system of state purchases in Russia.
71-77 838
Abstract
In conditions of complicated macro-economic situation in Russia effectiveness of state finance control is becoming more and more important. The article discusses key issues of state control organization in our country, such as underdeveloped categorical apparatus, weak institutional structure of state finance control and its staff support. The authors analyze violations disclosed by the Federal Service of Finance and Budget Supervision and identify ways of resolving problems which are based on scientifically grounded model of state finance control bodies' functioning. They aim at raising its efficiency and consequently, reaching the targets of Russian economy modernization.
78-87 414
Abstract
The article shows the key problems connected with the necessity to carry out control measures in the field of national debt managing, which can affect the way Russian economy will develop. The author analyzes international experience in managing and supervising the national debt and demonstrates methodological approaches used for analyzing the debt stability of state. Problems of organizing state finance control, which are connected with national debt managing, are investigated and ways to resolve them are advanced, which in the future could lead to stabilization and further growth in Russian economy.
88-93 339
Abstract
The article discusses issues of organizational support necessary for shaping the efficient system of state finance control through assessing the results of its work. The place of various bodies of state finance control was shown in the organizational structure of its system, as well as its functional orientation, structure, strength and characteristics of staff, material, technical, finance, information and other support of the body, peculiarities of interaction and order of functional and administrative subordination within the body. The article shows the structure of relations between different bodies of state finance control, which depends on many factors, for example aims and objectives of the body, state structure, principles of state management, development of state systems. The author puts forward key ways of organizing and developing modern system of state finance budget control in Russia.
94-106 399
Abstract
The article discusses issues of interconnection between internal finance control of budget sector participants and the system of state (municipal) finance control, analyzes legal and methodological support of internal finance control in the budget sector, systematizes the key problems of internal finance control. The author proposes the algorithm of organizing internal finance control in the budget sector in the entity of the Russian Federation, methodology of identifying the way to organize internal finance control in the budget sector at the regional level and methodology of analyzing finance support of finance control in the budget sector at the regional level.
107-115 361
Abstract
One of the most acute directions of state finance control today is checking effectiveness, expediency and efficiency of spending budget funds on state purchases. A special role here belongs to audit of efficiency aimed at objective, full and reliable assessment of the final effect of purchases. The article discusses some theoretical aspects and methodological problems connected with designing the system of criteria and indicators to assess efficiency. The author makes suggestions for choosing the most representative indicators that can be used to assess efficiency during audit of state purchases. This set of indicators can be characterized by its connection to the standard purchase cycle.

ECONOMIC THEORY

116-122 307
Abstract
The article shows the importance to transform targets of macro-economic finance policy of Russia. The author leaning on theoretical position of academician L. I. Abalkin proves the necessity to re-direct cash flows received as enterprises' and people's incomes to two vital for today's Russian society objectives: to ensure social stability of the Russian society on the basis of traditional moral and ethic values and capitalization of incomes of all business entities in science-intensive sectors. Methods of restructuring tax incomes during taxation of enterprises and individuals in order to attain goals set by academician Abalkin were put forward.

THEORY AND PRACTICE OF MANAGEMENT

123-128 1068
Abstract
In conditions of intense globalization of the world community the importance of the level of self-sufficiency in food is constantly growing. Protection of national and state interests in the field of food security is included in the complex of problems of national security and has become one of the most acute problems of the 21st century, which requires a thorough discussion in order to ensure security and real sovereignty of the Russian Federation. The author discloses the essence of such notions as 'security', 'national security', 'food security'. The author provides interpretation of the term 'food security' as ability of the country irrespective of international situation to provide all layers of the population with an access to safe, high- quality food in the amount necessary for active and healthy life without cutting state food reserves.

MATHEMATIC AND INSTRUMENTAL METHODS

129-140 316
Abstract
During 25 years of existence and development of market economy in Russia the algorithm of forming the currency rate, which is adequate to economic situation in the country has not been designed. The ruble rate to world reserve currencies controlled by Russian administration always has certain signs of voluntarism and is fixed without due regard to the ruble inflation rate. Finally, it led to tough currency and finance crises (1998, 2008, 2014). The article identifies factors affecting formation of currency rate of the ruble and investigates policy of monetary powers for the last 25 years. Forecasts of currency rate of the ruble are offered.

WORLD ECONOMY

141-150 542
Abstract
The article reveals specifics of the importance of the resource, the human and the growing economic potential of Africa in the world. The authors believe that in the long term Africa is the fastest growing region in the world, which will largely press on the nature and pace of growth in the developed countries, providing them with raw materials, energy resources and human capital. As the severity of the problem of raw materials will only increase, and the position of Africa in the global economy have all chances to strengthen. In these circumstances, especially relevant Russian-African cooperation in the field of raw materials and fuel, where between Russia and African countries are added the complex relationship of cooperation and competition. For Africans Russia still appears as the most likely ally in defending its interests in the world arena, the authors conclude.
151-161 297
Abstract
The article analyzes the key directions of transforming the American model of social security in the light of demographic and social challenges; it shows basic problem areas in social and labour field, trends in state policy in the sphere of labour, support of small business, aid, pension strategies. Serious attention is paid to creation of new jobs, raising efficiency of struggle against youth unemployment, strengthening the role of social partners in education and vocational training. The author points out to the dynamics of the poverty level, which for the first time since 2006 showed decline in 2013 and at the same time to the growing inequality in income.

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ISSN 2413-2829 (Print)
ISSN 2587-9251 (Online)