Ensuring financial stability of companies on the basis of international experience in construction of risks maps, internal control and audit

The managerial information can be considered as the basis for implementation of system organized phenomena which provide development of instruments, methods and strategies of management. The information is updated and implemented in the system of control actions on the object of management. A universal principle of information and financial correspondence of techniques and instruments exists between managerial information and selected vector of the financial strategy of the company development. In conditions of close informational interaction of professional auditing companies and their regular customers the construction of enterprise risk maps takes place, which allows eliminating imbalances of development based on financial consulting. It is professional financial consulting on the basis of high-quality managerial information that enables companies interacting with auditors to ensure financial stability. Development of risk management systems supposes appearance at all levels of the information management system of specialists in risk management understanding the peculiarities of risk-management methods. In order to ensure financial stability it is important to make the risk management instruments at the level of its comprehensibility to apply them for identifying the really existing risks.peer-reviewe

Electronic currency : the potential risks to national security and methods to minimize them

The article reveals the essential characteristic of virtual currencies. The estimate is given to the development of risks and threats to national security, combating laundering of criminal money and terrorism financing, which are formed under the conditions of the growing interest in virtual currencies, including Bitcoin. It is suggested to minimize negative effect arising in this relation. Methods are proposed to adapt the management center in the virtual currency infrastructure.peer-reviewe

Financial Stabilisation of Global Economy Countries under Conditions of the Debt Crisis

European crisis hinders global restoration of economy, the growth of restoration slows down. All these require supranational solutions: creatio9n of regulation structures and new financial instruments in order to preserve stable world financial order. Methods of quantitative easing (QE), carried out by the American Federal Reserve System and Bank of England, aim at stimulation of private sector activity through reduction of loan cost, generation of positive effects of well-being and increase of investment income. Purchase of assets efficiently move dangerous financial assets from private sector to the balance of the central bank or special QE fund in exchange to risk free reserves of the central bank. Thus, both types of measures are performed by means of risks, accumulating on balances of central banks and indirectly on the balance of state administration. Exchange of information between relevant agencies, including debt administration office, state enterprises that administer assets and central bank, is important for efficient administration of all state assets and liabilities. Proper assessment of financial positions requires all-sided and transparent reporting of all state liabilities and assets. Besides, financial transparency facilitates consolidation

Blockchain, sustainability and clean energy transition

The digital economy's neo-industrialization self-accelerates resource consumption and wide automatization inevitably envisage a technological leap. The article contributes conceptually and empirically to a systemic vision of blockchain to sort out climate change challenges and clean energy transition and simultaneously increase the productivity and efficiency of good practices. This vision covers the popularization of ecological initiatives, waste reduction, organization of sustainable investments, control over responsibilities on both fighting and forecasting climate change and clean energy transition. By embracing the notion of blockchain as a problem-solving tool for climate change and clean energy transition, the paper draws and investigates the experiences of the 36 digitally developed and 25 digitally developing economies. It also examines the effectiveness of alternative practices in Industry 4.0. The paper's findings represent a systematic vision of implementing blockchain initiatives to solve climate change and clean energy transition. An energy-efficient model with a blockchain opens up massive opportunities for ecological monitoring, supports energy transition and ameliorates economic sustainability. Since the blockchain potential is not fully unlocked, a model expanding the use of blockchain in education to train green personnel and in science to support climate innovations is proposed