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As a result of globalization, the transfer of ownership to the hands of foreign firms, as a result of acquisitions and mergers, the accounting entity switches to other accounting systems. In the US, the Generally Accepted Accounting Principles accounting standard is used, the International Financial Reporting Standards accounting system is increasingly being promoted in Europe, and the Czech Accounting Standards are the most widely used in the Czech Republic. However, some Czech companies also keep IFRS accounting...

Rail transport and its reforms are matters of current discussions. Member States of European Union have started to consider importance of rail transport and the necessity to emphasize it, as this matter has been underestimated in the past. As consequence, rail transport has lost its competitiveness to road transport. Due to this fact, there have been several reforms of rail transport on level of the European Union, in order to increase performance and to strengthen position of rail transport to other types of tran...

The global problem of the XXI century is the problem of municipal solid waste (MSW). Exactly the problem of solid waste, which concerns everyone, is the most urgent and requires most attention because it affects all Russian cities without any exception (especially the cities of Moscow region and the resort area). The article demonstrates the importance of the ecological approach, as the most attractive for the tourism, when choosing the technological criterion for the preparation of the MSW for recycling. The auth...

Topicality. Russia was always one of the main subjects of political thought as one of influential factor in world policy. The report is focused on the history of American political thought that remains still unknown in this aspect. And attempts to better understanding of the roots of actual negative connotation of Russia and Russians in USA. Aim: to reconstruct the logic of one of political argument of the negative image of Russia in America. Hypothesis: The USA authorities did not want to put up with the fact tha...

Preferential trade agreements are not a new item in the history of global trade policy, but there has been a marked proliferation of them since the beginning of the 21st century. It is believed that they became a way to overcome the lack of progress in multilateral trade negotiations carried out within the World Trade Organization. However, among various global powers, the European Union was a latecomer to the so called "new wave" of regionalization. The goal of the paper is to point out main reasons and factors a...

After the end of the military operations and the German occupation of Poland, the border areas around ?adca in Kysuce Region and Spiš region were joined to Slovakia. The population enthusiastically received reconnection of the territories to Slovakia. After the calming of the situation on the border, the formation of new public administration structures began. The situation at the borders was finally stabilized after the signing of the Slovak-German Border Treaty, on 21 November 1939 in Berlin, which temporarily d...

The number of offences committed by minors remains consistently high. According to data of the State Police of the Republic of Latvia, in 2016 the number of juvenile offences grew slightly from the previous year: 907 offences by minors were recorded in 2016, and the number of minors who committed offences increased. [1] The fight against juvenile crime is a set of complex measures, including both fight and prevention. Complex measures are implemented by state and municipal officials, who have certain duties define...

The research paper analyses the concept of legal liberalism as the framework for the existence of freedom in modern constitutional states. The genesis of the concept of legal liberalism originates from the works of ancient philosophers, who used to create various theories of ideal states. However, an in-depth analysis of this issue was carried out by great German philosophers Immanuel Kant and Georg Hegel. In Russia, a number of prominent scholars, such as Boris Chicherin, Pavel Novgorodtsev and many others, also ...

This paper focuses its attention on how, in a Southern Italian region like Puglia, the environment has been affected by infrastructural policies about the use of the water resource. The management and administration of the water resource and the rules about the use of public water and the pattern of socio-economic development were linked to the limited availability of this essential natural resource. The paper seeks to suggest that the use of water is dependent on peculiarities of social and cultural developme nt ...

The article presents theoretical consideration of types and elements of personnel motivation programs and performance evaluation criteria as obligatory components of a management accounting system, aimed at reaching strategic organization’s goals and objectives, through investments in human capital. Result-oriented performance is only possible by means of matching employees’ professional interests and abilities with corporate goals. The presence of highly qualified personnel in an organization is its main competit...

The aim of this study consists in analyzing the importance of the exchange rate forecast using the Box-Jenkins models, also known as Auto Regressive Integrated Moving Average (ARIMA) models. The first part of the paper presents the main research in this field, which can be classified in two categories (studies applying classical methods, such as Box-Jenkins models and studies which rely on sophisticated prediction tools), and summarizes the main findings of some of the studies applying Box-Jenkins models. In the s...

Russia is a country with a high level of international migration. Due to the geographic location of the Far East, China and North Korea used to be the main donor countries for international migration, but in recent years, the international migration from CIS countries is developing. The present situation poses special challenges for the migration policy, including: the development of the labor market taking into account international migration, the reduction of social tension between the local population and inter...

Introduction. Legitimacy is a political and legal concept that means a positive attitude of the population to the existing institutions of state power. Society in the 21st century has become very multicultural, and in the context of the strongest economic globalization there is a clear division of people on racial, ethnic and gender grounds. It becomes more difficult to find a compromise among such a diversified society. In addition, globalization has led to closer international cooperation as the governments of s...

Image making of politicians is nowadays a pre-set, specially managed and construed process aimed at the key objective of drawing attention to specific individual, party or political process. Quite often such images do not match the real personalities and their features, they only exist on the cognition of political supporters as reflection of the developed image. The images, however, serve as the key tools that provide support, attract attention and votes by electorates, raise to trust, expectations, etc. The aim ...

The article highlights the issues of international student mobility and the process of choosing the country to go to study abroad. South Korea is on the third place in the list of top East Asian countries hosting international students from all over the world. The article presents the results of the research on Russian students graduated from the universities in South Korea and its motivation to study abroad. Data collection from the semi-structured interviews revised the perception of educational system of Korean...

Global trade flows have been strongly affected by the worldwide economic crisis that broke out in 2008. Trade collapse in 2009 was deep but followed by a swift recovery in 2010-2011. However, later on the situation got complicated - growth rates have been much lower than expected and in 2015-2016 trade flows declined once again. The goal of the paper is to analyze the main trends in global trade flows - in terms of growth, changes in geographical structure etc. and point out main factors affecting trade in a posit...

The improvement of the procedural guarantees of the inviolability of the person in the criminal procedure of Latvia in involving person as accused is associated with the further change of the legal regulation of issues, related to the determination of the grounds and after taking a decision, concerning the involvement as accused and lodging of charges, as well as the rights and obligations of the accused. Without lodging of charges, without the availability of persons in the criminal procedure, in respect of whom ...

The subject of the paper is an analysis of the situation in public finances in Poland and Slovakia in 2000-2018. The authors formulated three research questions: 1) What was the budgetary situation and the level of public debt in both countries in the pre-accession period, in particular in the years of economic slowdown 2001-2003; 2) What were the results of public finance consolidation after the EU accession, in the period of economic prosperity 2004-2007; 3) What was the scale of the deterioration in public fina...

Mediation is one of the means of the alternative dispute resolution methods with the participation of one or more mediators who support communication between the parties to the conflict in order to help them reach a friendly solution to their conflict by concluding a mediation agreement. The mediator therefore does not enforce the resolutions, he does not decide the dispute between the parties, because mediation assumes that the parties are able to solve the conflict themselves and are able to judge their individu...

Background and the purpose: The Chinese economy is the fastest growing and changing economy in the modern world. The importance of the renminbi as an international currency is not relevant to China's economic potential and role in the global economy, however, many scientific studies indicate that the position of that currency in the functions of international money will become stronger in the future. This encouraged the author to assess the consequences of the renminbi internationalisation, in particular the impac...

Financial models for assessing the economic stability of an enterprise are typical by being created on empirical economic data. The test and verification samples on which they were designed contain the accounting information of selected businesses. This accounting information has been recorded, aggregated and consolidated in accordance with the accounting standards that an entity uses as a result of local legislation requirements or voluntarily. The purpose of bankruptcy models is, on the basis of accounting infor...

This paper aims to rebuild with an historical approach Italian management of migration flows during last Government Berlusconi (2008-2011). The research focuses specifically on political strategies carried out by Italian right-wing Government of that time, to highlight reasons and effects of their evolution in national and international framework. The starting hypothesis is that migration issue became the main resource to gain electoral consensus in political competition and, in the meantime, an instrument to unba...

The subject of this paper is an analysis and evaluation of the consequences of the financial and economic crisis in 2008-2009 for the public finances in the euro area members which in 1998 (during the qualification to the common currency area) had not fulfilled the treaty criterion of public debt. Their debt ratio to GDP was close to or surpassed 100%. This pertained to: Belgium, Greece and Italy. The research also covers Portugal as after the introduction of the euro and since the recession of 2001-2003 the count...

Prospects for the development of social education in Russia are considered. Factors are formed under the influence of the development of Western experience and trends; specificity of domestic practice of social institutions. Education as a social institution has a social leading character. We need to use new approaches, innovations in social problems solving. The aim of the study is to determine the prospects for the development of education in the sphere of social work. In the research, based on questionnaires an...

The subject of this paper is an analysis and evaluation of budgetary policy and the state of public finances in Scandinavian countries of the European Union (Denmark, Finland and Sweden) in 2000-2018. The adopted basis of assessment is budget deficit and public debt ratios to the GDP. The statistical data was drown from the AMECO and IMF databases. Comparison of the situation of the public finances in the analysed countries to the average situation in the euro area is an important aspect of the evaluation. The goa...

The school system in Slovakia is going through various changes since 2008, which also affected the field of teachers' development. The main change in the field of teachers' development was the adoption of Act 317/2009 - the Teacher Act. The Act defined the credit system and career development. The problem, as demonstrated by the practice during nine years, was the automatic linking of teachers' education to their wages. In the presented contribution, we map the views of the main actors of the school system on the ...

The paper considers the problems of methodical approaches to the assessment of the activities of large, medium and small businesses in the region and determining their role in the social and economic development of the region. Few attention is paid to the analysis of the activities of enterprises in regional studies, during developing strategies at the federal and regional levels and while working out the regional policy measures. The methodology for assessing the activities of complex of enterprises in the region...

The increasing role of intellectual capital in producing goods and services, as the main source of corporate competitive advantages, makes organizations reconsider their financial reports with the aim of proper intellectual capital accounting. Currently, only intangible assets and intellectual property are recorded in financial accounts. Intellectual assets themselves, by means of which goods are produced, are not presented in modern accounting systems. The absence of information about intellectual assets in accou...

After the military defeat of Poland, the course of the border with Slovakia changed. Germany and Slovakia signed in autumn 1939 in Berlin the Treaty, on the basis of which Slovakia regained the Northern parts of Spiš, Orava and Kysuce region, which had been joined to Poland between 1920 and 1938. One of the most significant problems was the determination of the definitive course of the new border. The border was determined by negotiations between the Slovak and the German side until 1940. On each section of the Sl...

Nowadays we face with the challenge of managerialism that constructs what is called common sense in social management, i.e. which could be interpreted as "obvious" criteria of evaluation concerning purposes and methods of management actions’ implementation. The ideological essence of managerialism demonstrates itself through the activity of groups of interests that is presented as interest of all “progressive” members of society. These groups of interests include state officials, “academic bureaucracy”, media grou...

This article presents current issues in the development of international relations on the basis of the Eurasian Economic Union countries expand the use of national currencies and the coordinated support of economic actors State institutions of the countries partners. The joint work of international teams contributes to the implementation of economic programs of mutual interest, and strengthens the trend towards the formation of a multipolar world. To expand the use of national currencies in international relations...

In the contemporary society different scholars have emphasized the pluralization processes and variability in family forms (Giddens 1991; Beck, Beck-Gernsheim 2001; Baumann 2000). This trend is known as “individualization”, where individuals and self-realization become primary objective and the relationships are "instrumental" to personal happiness and gratification. In this context the value of family ties becomes considerably weakened: some sociologists wonder if the family is still a resource or rather an obsta...

Philanthropy is one of the fastest growing industries in the global economy. Philanthropic billionaires have unprecedented power in creating education policy, directing the development of global agriculture and dictating trends in global health policy. According to its critics, instead of an altruistic aid, philanthropic capitalism is, in essence, an ultimate way of gaining profit under the guise of humanity. Large charities replace state institutions as social service providers. Due to the size of donations, fina...

The paper addresses various topics considering the identification of risks most common for financial market infrastructures. Views expressed in the article are in line with The Principles for financial market infrastructures and modern risk management developments in this field. Different approaches to identify risk appetite are considered depending on the business line of the infrastructure and main risks associated with it. The study uses comparative methods, benchmarking to market practices and recommendations....

Topicality. Russia was always one of the main subjects of political thought as one of influential factor in world policy. However, despite the efforts of populists, Russian nihilism and revolutionary movement with its terrorist elements was totally alien and not understandable for the American political thought. And the emergence in Russia of an army of nihilists, destroyers of the foundations of society was explained by the lack of civility. And till now days the political education is understood in USA from this...

Public administration reforms in European countries have led to several policies of decentralization within which competencies of local state governments were transferred to regional and municipal self-governments with the aim to improve efficiency of public services delivery. In this paper we present empirical comparative analysis of efficiency of municipal offices providing services in the field of building order in the Czech Republic and Slovakia. The two countries provide the competence under two different pol...

As part of the history of international relations, bilateral relations between Italy and Russia are of particular interest. Numerous studies in this field suggest certain interdependence between Russian and Italian policies over centuries. The initial part of the article is concerned with the less known historical vicissitudes of the relations. Major attention is paid to the Cold War period when the Italian Christian democrats managed, despite block policy impediments, to establish good working relations with the ...

Professional skepticism of auditors is considered one of the most important factors of auditing and audit quality. Auditing standards describe requirements to evaluate audit evidence with an attitude of skepticism. Professional skepticism is the crucial element which is missed when audit failures occur. This paper examines academic research related with the auditors’ skeptical judgement and decisions. The main purpose of the research is to provide conceptual description of the professional skepticism, emphasize is...

The multifaceted nature of federalism imposes its formation as a political, economic, social, and cultural institution. An analysis of the existing model of federal relations in modern Russia showed incompleteness of the institutional design of federalism. The article analyzes federalism as an economic institution, mostly affecting aspects of fiscal federalism. The reasons for the ineffectiveness of the existing Russian federal model are the high transaction costs and disfunctions of the institution. Institutional...

The paper addresses the widely discussed problems of development of banking systems, as well as the problem of achieving a balance between ensuring financial stability and stimulating business activity in the country. The lessons of the global financial and economic crisis 2007-2009 prompted regulators and, in particular, the Basel Committee on banking supervision, to transform the regulatory system to more rigid models. The need for restrictions on the freedom of the market through increased powers of regulatory ...

The article is devoted to the issues of information technologies and its role in the labor law of the Russian Federation. The development of information technologies leads to expanding the scope of application of such technologies. The sphere of law, including labor law, is no exception. Indeed, if earlier information technologies were used for processing, storage and transfer of personal data of employees, now in connection with the development of the remote work, the importance of information technologies are in...

Civic education is characterized by the fact that it is a continuous component of education, both formal and non-formal learning, including education of adults. This area of education is an important part of education, which is characterized, in particular, by dynamism. Significance and positive impact of citizenship education on the formation of active citizens is widely declared through a wide range of international documents (European Union, UNESCO, UN etc.). The influence of the state in this type of education...

The first half of the 20th century was in many aspects very complicated period. This paper reveals the reasons behind the existence of totalitarian and authoritarian regimes with focus on the fundamental rise of anti-Jewish moods in the Czech part of the Czechoslovak state occurred in the post-Munich period. The open anti-Jewish behavior of a part of the Czech political spectrum publicly or in print was not avoided, in addition, this trend was gradually showed also in some governmental parties. Therefore, it was n...

In the present article are examined issues of the amount of compensated harm under the traditional approach to tort law, analyzed functions of tort law, defined some regularities: traditional (continental) approach prefers the function of compensation in tort law, while economic analysis approach is based on the function of prevention. Hereby amount of harm subject to compensation directly depends on the function of tort law to which the lawmaker gives priority. Considering modern trend of derogation from compensa...

The availability of high-quality and skilled workers is one of the basic prerequisites for the development of the country's economy, together with the technical level and equipment. States seek to promote the education and qualifications of their people. It is an investment in human capital. Human capital is unstable and can migrate, thus contributing to the economic development of other countries or regions (brain drain, brain gain). This phenomenon has not only demographic and sociological but also economic impa...

The article describes the main results of interdisciplinary studies devoted to development of a methodological approach to typologization of urbanization processes for small and medium-sized cities in resource regions of Siberia, as well as to modeling the impact of key urbanization factors on the innovative technological, economic and socio-cultural development of the said regions. The reported study was funded by Russian Foundation for Basic Research, Government of Krasnoyarsk Krai, Krasnoyarsk Region Science an...

A common legal framework for immigration and asylum policies in the EU has been formulated as well as common procedure for implementing them by Member States. However, Member States do not always adhere to the EU approach adopting and disposing of common procedure for implementing immigration and asylum policies. Member States seek their national interest first leading to possible incompatibilities of national legislations and administrative practices with EU immigration and asylum regulations even though they are...

Consumer protection legal regulation has been undergoing a long-term development in the Czech Republic and is largely influenced by European legislative standards, as well as by the national law. Consumer contracts are specific type of obligational relationship where one of the parties (the consumer) enjoys increased legal protection. Mediation has not been a part of the Czech legal system for a long time, yet its use in practice is expanding. Recently, the entrepreneurs begun to include the mediation clauses in t...

Russia is a country with a high level of international migration. At the same time, the distribution of migrants is uneven; Perm Kray is one of the regions with relatively high level of migration. The population of this region is more than 2, 600 thousand people; Perm Kray is one of the most developed economic regions of Russia. The objectives of the study were to investigate the main problems faced by international migrants and the practice of working with migrants. The main research methods were the focus group ...

This article analyzes the problem of reducing the company's share capital by redeeming shares of shareholders, which may constitute a premise for the declaration of bankruptcy and liquidation. The purpose of this article is to present significant issues regarding the process of redemption of shares regarding tax law. The redemption of the company's shares leads to the destruction of the shares held by the shareholder, which may lead to its total exclusion of the partner from the company. The process of redeeming s...