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Economy, finances, management: topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 2 (52)

Published: 2020.06.29
DOI: 10.37128/2411-4413-2020-2


Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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AUTOMATION OF THE FINANCIAL ANALYSIS DECISION-MAKING PROCESS ON THE INTERNET

DOI: 10.37128/2411-4413-2020-2-4
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Ruzakova OlgaPhd Of Economics, Associate Professor, Department of Computer Science and Economic Cybernetics, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Solnyschaya St., e-mail: olgarkv81@gmail.com).

Annotation

The article proposes to use modern Internet technologies for improving the accuracy, speed and validity of financial decisions. They allow us to create a special web page where investors can conduct an assessment of potential investment objects financial status online through an appropriate decision support system. Research is based on the scientific works of domestic and foreign scientists using on the assessing the financial condition of the enterprise problems, the preparation of reporting documentation of specific enterprises, as well as taking into account the results of personal research. A detailed analysis of theoretical, scientific and practical publications, regulatory documents for assessing the financial condition of the enterprise, as well as relevant works on economic and mathematical modeling is carried out. He made it possible to identify the theoretical and applied problems in the field of study and to propose ways to solve them. The expediency of using economic and mathematical methods for estimating the financial state of the enterprise is substantiated. Formulated scientific provisions, conclusions and recommendations are based on the study of the subject area, the application of methods of economic and mathematical modeling, system analysis and methods of expert assessments. Such a system will make it possible to speed up the decision-making process, to carry out an objective and independent expert evaluation, taking into account the specifics of foreign financial management, to simplify the evaluation process through Internet technologies, and to significantly reduce the cost of such service. It is proposed to apply the theory of fuzzy sets in the construction of DSS, which allows to take into account the different quality parameters of the object being evaluated, to stratify the evaluation process and to analyze a powerful set of evaluation parameters. As a result, it improves the quality of assessing the financial condition of the enterprise using the methodology and tools of mathematical modeling.

Keywords: Internet technology, financial condition of enterprises, fuzzy sets, desigion-making, evaluation parameters, output parameters, modeling.

List of references

1. Bernstain, L.A. (2016). Analyz fynansovoi otchetnosty [Financial statement analysis]. Moscow: Finansy i statystyka [in Russian].

2. Shkolnyk, I.O. (2016). Finansovyi analiz [Financial analysis]. Kiev: Tsentr uchbovoi literatury [in Ukrainian].

3. Horodnia, T.A.,  & Yavtukhovska, I.V. (2013). Diahnostyka finansovoho stanu pidpryiemstva [Diagnosis of the financial state of the enterprise]. Naukovyi visnyk NLTU Ukrainy, 23, 207-212 [in Ukrainian].

4. Kostyrko, O.H. (2009). Vykorystannia metodu koefitsiientiv dlia otsinky finansovoho stanu pidpryiemstva [Using the coefficient method to estimate the financial condition of an enterprise]. Ekonomika APK, 7, 54-56 [in Ukrainian].

5. Khelfert, E. (2015). Tekhnika finansovogo analiza [Technique of financial analysis]. Moscow: Audit, Yuniti [in Russian].

6. Kaletnik, G.N., & Tsikhanovska, V.M. (2010). Finansovyi menedzhment [financial management].  Kiev: Khai-Tek Pres [in Ukrainian].

7. Rusakova, O.V. (2019). Systema pidtrymky pryiniattia rishen u zadachakh finansovoho analizu [Decision support system in the tasks of financial analysis]. Ahrosvit, 5, 67-72 [in Ukrainian].

 8. Rusakova, O.V. (2010). Pryntsypy pobudovy prohramnykh zasobiv dlya otsinky finansovoho stanu pidpryyemstva [Principles of building software for assessing the financial condition of an enterprise]. Zbirnyk naukovykh pratsʹ «Ekonomika ta upravlinnya APK», 4 (81), 89-92 [in Ukrainian].

9. Matviychuk, A.V. (2010). Modeliuvannia finansovoi stiikosti pidpryiemstv iz zastosuvanniam teorii nechitkoi lohiky, neironnykh merezh i dyskryminatnoho analizu [Modeling financial sustainability of enterprises using theories of fuzzy logic, neural networks and discriminatory analysis]. Visnyk Natsionalnoi akademii nauk Ukrainy, 9, 24-46 [in Ukrainian].

10. Rusakova, O.V. (2014). Vykorystannya metodu parnykh porivnyanʹ u finansovomu analizi [Using the method of paired comparisons in financial analysis]. Visnyk Khmelʹnytsʹkoho natsionalʹnoho universytetu, 2, 129-132 [in Ukrainian].

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128
All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.
 
The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.
 
The journal’s objectives are:
 • publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;
• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;
• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;
• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;
• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;
• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;
• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;
• integration of scientific research results into the international scientific space and increasing the level of scientific communication.
Frequency of issue: 4 times a year.
Language of publication: Ukrainian, English.
Editor-in-ChiefInna Honcharuk
State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.
Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413
Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413
The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)
History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).