Based on the systematization of approaches to the interaction between the corporate center and divisions, as well as the results of the analysis of in-depth interviews with representatives of these structures, the article identifies key areas of interaction in terms of monitoring the performance of the division and evaluating efficiency, strategic capabilities of divisions, professional competencies of management, etc. Problem areas are identified: lack of differentiated consideration of market trends for the division when evaluating the performance of the entire company, irrational forms of control, insufficient level of confidence of the division in the corporate center, etc. When developing unified strategies for interaction between the corporate center and the division, it is advisable to base on three differentiation criteria: types of divisions; interest of the top management of the division in the corporate center; level of information exchange. This approach will take into account the variety of factors that determine the success of each division in the regional market in the short and long term, as well as the results of the company.

City-forming and system-forming organizations play an important role in the socio-economic development of the region, local and regional budgets are formed due to their tax revenues, they provide jobs to residents of the region, form the social environment and significantly affect the quality of life of the population. One of the basic elements of such organizations is the corporate social responsibility system, the effective functioning of which ensures not only sustainable business development, but also improvement of the social environment of the territory and improvement of the quality of life of its residents. This article discusses the experience of implementing the main directions of the corporate social responsibility system in PJSC "NEFAZ" (part of the group of PJSC "KAMAZ"). Particular attention is paid to the priority areas of the personnel policy of PJSC NEFAZ (staff motivation, staff development, social policy, labor protection) and its impact on the strategic development of the organization in question as a resident of the territory of advanced socio-economic development, a single-industry municipality (single-industry town) "Neftekamsk".

The possibility of establishing a causal relationship of job satisfaction in the field of education is considered, depending on satisfaction with: working conditions; opportunities for professional growth; wages; time factor. With the help of correlation analysis, linear and nonlinear models of the interrelationships of factors related to this problem have been developed. Econometric models have been studied to assess the level of job satisfaction of employees engaged in the field of education. The research revealed the most significant factors affecting the level of job satisfaction, which play an important role in the process of understanding various concepts of the development of domestic education. Predictive values of the level of job satisfaction are determined. The assessment obtained is the most important parameter for the effective socio-economic development of the country. The increase in this parameter contributes to a significant reduction in staff turnover and the change of the sphere of production activity.

The article discusses the importance of the financial market in ensuring sustainable growth of the Russian economy and the problem of the formation of regional financial centers in the federal districts of Russia. The hypothesis is put forward that a regional financial center can be created in each of the federal districts of Russia. A system of indicators reflecting the potential of the financial market and its branches of specialization is formulated - financial services (assets of credit institutions registered in the region; number of broker clients in the subject of the federation; assets of broker clients in the subject of the federation) and insurance (number of insurance contracts concluded in the subject of the federation; insurance amounts under insurance contracts concluded in the subject of the federation). For each federal district, based on the Atlas of Economic Specialization of regions, a representative information array has been formed and a methodology for ranking the subjects of the Russian Federation by indicators characterizing the financial market has been developed. A rating of the subjects of the federation has been compiled in each federal district, if possible, to create a regional financial center on the basis of this subject of the federation.

This article considers the problem of forecasting stock prices using the example of the largest oil companies in Russia (Rosneft, Lukoil, Gazpromneft and Surgutneftegaz) using artificial neural networks, and also analyzes the profitability of an investment portfolio formed from ordinary shares of the four largest oil companies in Russia in equal shares and with optimal their value determined in the course of solving the direct problem according to the G. Markowitz model using predictive values.

The article considers initiative budgeting as a tool to ensure the participation of citizens in the budget process, a factor in the growth of own incomes of regional and local budgets, the impact of the development of initiative budgeting on the financial and budgetary security of the region and the municipality. The analysis of the dynamics of initiative budgeting practices implemented in the Russian Federation is carried out, the subjects of the Russian Federation leading in financial support of initiative budgeting projects in 2020 are identified. The impact of initiative budgeting on the financial security of the region and the municipality is presented in a formalized form. On the example of the city of Novosibirsk, an assessment of financial coefficients characterizing the level of budget security is given, and prospects for the development of initiative budgeting, which will contribute to ensuring the financial and budgetary security of regions and municipalities, are presented.

The article examines the views of researchers on the client capital of a higher educational institution. The author formulated the following theses: client capital is one of the elements of the structure of intellectual capital, the share of which depends on the field of activity under consideration; client capital is a special type of intangible asset of an organization that affects its value; client capital itself is heterogeneous, structural elements can be distinguished in it; for a certain kind of organizations, an anchor element can be distinguished, which characterizes client capital; for higher education institutions, the anchor is student client capital. Six factors influencing the financial indicator of the university's client capital are identified: personnel; infrastructure, educational processes; the price of educational services; non-enrolled applicants; availability of budget places (students of the budget form of education); loyalty of existing students. The author's structure of the university's client capital is substantiated: the main student client capital, loyalty capital, applicant's capital. The article presents the author's methodology for assessing the value of the client capital of a higher educational institution. The cost of the client capital of the Novosibirsk State University of Economics and Management "NINH" was estimated in the context of the structure of client capital and training levels. Based on the financial indicator, the structure of educational program portfolios is presented: strategic, investment, conservative.

The article analyzes the qualitative change in fiscal policy in 2020, the first year of the COVID-19 pandemic. To reveal the categorical apparatus of the analysis of fiscal policy and its types. It is shown that the relatively low rates of decline in national production and GDP are associated with the operational use of fiscal regulation tools. At the beginning of 2020, a forcibly sharp reversal from fiscal consolidation to fiscal expansion of the compensating and stimulating character was carried out. The transition to post-crisis recovery in the 2nd half of 2020 is largely ensured with the help of a set of budgetary measures for macroeconomic stabilization of a discretionary nature.

This article discusses the mechanisms of financial support for business, including through the provision of tax benefits and deferrals on loans to business entities, as well as certain non-profit organizations and individuals in the context of the COVID-19 pandemic in Russia and China.

The characteristics of special taxation regimes are investigated, a comparative analysis of the amount of taxes paid under special taxation regimes is carried out. The analysis of the law on the automated simplified taxation system is carried out. The positive aspects of taxation of microenterprises using a promising special tax regime are shown, some shortcomings of the law in terms of its imperfection and inefficiency are given. Some recommendations for improving the automated simplified taxation system are presented.

The article formulated, from the point of view of the author of this article, interpretations of the following terms: monetary system, money system, credit system, banking system, parabanking system. Substantiated are the author's proposals on the inclusion of monetary circulation in the monetary system, the exclusion of para-banking institutions from the banking system, as well as the inclusion of economic entities involved in monetary relations in all levels of the monetary system.

The Concept of the digital ruble proposed by the Bank of Russia does not properly reflect the prospects for its use for tax purposes. The ongoing attempt to bring the functions of the digital ruble in line with the historically established requirements for the state monetary system is designed to harmonize the entry of digital means of payment into the tax, budget, insurance and pension systems. For more effective control over transactions carried out using the digital ruble, it is proposed to initially provide access to accounting registers to controlling structures and, if possible, eliminate intermediaries burdening the payment system.

This article analyzes the mortgage lending market in the Russian Federation. The dynamics of such important indicators of the mortgage market as the dynamics of the volume of mortgage loans issued, the average size of mortgage loans, the weighted average mortgage rate, indicators of commissioning of housing stock in Russia, the share of overdue debt in the mortgage portfolio is presented.

The available tools in the field of assessing the effectiveness of the insurance market are analyzed, the author's approach to determining the effectiveness is proposed. For compliance with the requirements of efficiency, the bank sales channel is considered, a conclusion is made about the incomplete compliance of the bank sales channel with the requirements of efficiency. The relevance of the study provides for the definition of tasks for the development of the insurance market for the medium and long term. The basis of such a strategy should be indicators that characterize the effectiveness of market relations in the field of insurance.

The article is devoted to solving the problem of financial and investment support of the innovative model of economic growth of the Republic of Kazakhstan through the improvement of the mechanism and diversification of sources of financing of this process, taking into account world experience. In the course of the analysis, it was revealed that the main factors hindering the increase in innovative activity of companies are: the high cost of innovations, insufficient own financial resources and unacceptable financing and lending conditions. In this regard, the problems of improving the mechanism and diversification of sources of financing investments in innovation are key for Kazakhstan. The analysis of the state of innovation activity of Kazakhstani companies, the structure and dynamics of changes in sources of financing for research and development (R&D) in 2015-2020 in the Republic of Kazakhstan showed that, in general, the volume of investments in fixed assets of industry, and, in particular, the introduction of innovations and new technologies is unacceptably small. In addition, the structure of internal R&D costs and the structure of investments in innovation, carried out at the expense of the state and private investors, is imperfect. In this regard, measures are proposed to financially stimulate the introduction of innovations into production, improve the mechanism and diversify the sources of innovation financing, taking into account world experience.

The article is dedicated to the study of the factors that form the motives of investors to investing in financial instruments. The importance of state regulation on the financial market was determined, that is influencing on the formation of the savings behavior of investors .The concept of financial market liquidity is investigated. The conclusion is made about the factors determining the activity of investors in the financial market: the system of information disclosure about financial instruments, liquidity.

This article is devoted to the problem of the urgency and the possibility of using the EU experience in the development of the common financial market of the EAEU. The integration issue is considered in political, legal, and institutional aspects. The article has a general theoretical and legal character, therefore, the emphasis is placed on legal and doctrinal issues, special attention is paid to the analysis of the Treaty on the Eurasian Economic Union and its protocols, as well as identifying obstacles to the financial integration of the Union and ways to eliminate them. The article presents as an example for the EAEU markets mega-regulators in the EU financial markets and their impact on the eurozone economy during the COVID-19 period. The article proposes further steps required to consolidate financial integration and improve the future stability of the EAEU financial market.

The modern market economy reasonably imposes new and more complex accounting requirements. More precisely, the requirements for inclusion in the subject of accounting of its new objects, providing a reflection of the market conditions of their changes and the impact on the financial results of organizations. The solution of this problem, in part, can be facilitated by the concept of accounting for contractual obligations, which allows to include in the field of accounting the reflection of contractual law and contractual obligations preceding the occurrence of facts of economic life, as well as those actions of the organization that provide recognition and evaluation of fait accompli facts of economic life. The concept of accounting for contractual obligations considered in the article fits into the content of International Standards on Accounting for Financial Instruments, accounting for revenue under contracts with buyers, and, most importantly, finds its methodological justification in the Conceptual Framework for the presentation of financial statements.

A variant approach to the possibility of providing for the reflection of the costs of an organization (company) on an IPO (from the English - Initial Public Offering) through the formation of deferred costs is substantiated. An alternative possibility is proposed for using this approach by joint-stock companies to reflect the costs of an IPO in a linear way, taking into account the life cycle of the company. Such an approach can help improve investment policy, increase the level of capitalization and financial stability of companies against the backdrop of falling incomes and non-decreasing costs. The implementation of the approach will require amendments to the Accounting Regulation "Organization's Expenses" (PBU 10/99) in terms of adjusting the methods for estimating the cost, which, according to the authors, is not only justified, but also necessary for domestic companies whose shares are listed on the Moscow Exchange.

The use of the concept of accounting for contractual obligations in accounting for transactions of an exchange transaction using futures contracts is a complicated mechanism for reflecting market relations compared, for example, with forward contracts, since this transaction includes, in addition to the buyer and seller of the asset, an exchange that not only standardizes the transaction itself, but also is a guarantor of its execution. In this case, the specifics of the concept of accounting for contractual obligations is that standardized futures contracts contain unchanged terms of a futures transaction, such as: volume, quality, timing and price of the asset to be exchanged, and changes in market conditions are reflected in the value of the futures contract itself and affect the financial condition of the participants in the futures transaction. Based on this, the main purpose of the article is determined - to consider the methodological support of accounting for changes in market conditions for a futures transaction, and the reflection of their impact on the financial results of participants in an exchange transaction.