The Competencies of the Supply Chain Management in the System of Economic Security of Russian Enterprises

Abstract— The level of economic security of an entity is heavily influenced by administrative and legal status of Supply chain management. Legal status of Supply chain management determined specifics of his work. Supply chain management belongs to the leaders of the economic-financial and administrative units of the organization. Emphasis on professional competence, labour functions and legal status of Supply chain management in ensuring the economic security of an entity in the light of the introduction in Russian practice of a professional standard "Accountant" is made. The widespread use of the practice of the Russian companies of professional standards, including those related to the procedures of the organization and conduct of audit and control services will organize work on compliance with economic security, develop and implement a system of events. The impact of accounting on the basis of professional standards "Accountant", "Internal Comptroller" and "Internal auditor" and labour competencies and functions on a system of economic security of an entity is examined. In modern conditions the professionalism and qualification of accountants, including Supply chain management, define their importance in providing economic security will allow program implementing a national system for assessing qualifications

Developments in the Financial Supply Chain and Its Impact on the Economy

Abstract— Although  several  studies  have  explored  the  relationship  between  the  operation  and performance  of  a  supply  chain  (SC),  a  general  SC  model  cannot  deliver  the  expected  financial results at a company-wide level. In this paper, we argue that this cannot guarantee the maximization of a firm’s overall value because short-term financial performance metrics do not reflect the risk to businesses and the invested capita. Information asymmetry determines investors to call for auditors’ services.  Ensuring the reliability of compliance with the requirements of the financial reporting framework based on supply chain management is one of the fundamental factors for ensuring the quality of audit. This paper aims to analyze the influence of the financial reporting framework based on supply chain management on the process of forming the auditor's report. The process of developing financial statements is proceeding along the path of maximum informatization of these statements. Current users requirements are not always met by existing accounting and reporting standards. The capabilities inherent in the fair presentation framework push the boundaries of any standards, allowing the preparer to fill the financial statements with relevant information. Considering the financial statements framework on the part of the auditor, it can be argued that this will have an impact on the audit process. Objectively it consists in obtaining audit evidence and evaluating it. This means that the application of the fair presentation framework by the management of the audited entity will require the auditor to adjust the verification process accordingly, which should address such elements as the quality of audit evidence, the methods of obtaining it, and the auditor's assessment