The article is discussed to the analysis of ESG rating factors, profitability and risk in relation to global ETFs. The hypothesis under study is that global ETFs with a maximum ESG rating are heterogeneous in terms of systematic risk level. Based on the FOREL clustering algorithm, two ETF clusters are identified. Thus, an investor, having a priority maximum ESG rating and a certain level of β-coefficient, can select any object from the cluster, since all ETFs in the cluster are similar in level of systematic risk.

The article develops three indicators by which an investor trading on the Russian stock market can assess the level of such types of stock risks as liquidity risk, creditworthiness risk and the risk of force majeure. Based on the obtained indicators, a three-dimensional matrix of stock risks was constructed, with the help of which an investor who does not have high qualifications in finance can assess the degree of reliability of a particular security in order to make an informed decision on its inclusion in the investment portfolio.

The article deals with topical issues of the development of such significant representatives of the collective investment segment of the national financial market as closed-end mutual funds investing in real estate. The author, investigating the problems of the functioning of mutual investment funds of this group, analyzes the changes proposed by the Bank of Russia regarding the expansion of the range of objects allowed for investment funds focused on unqualified investors. The article gives an assessment of the prospects for the development of this segment of the collective investment industry, considers measures the implementation of which could stimulate the development of funds of this group and ensure a large-scale arrival of retail investors.

The article discusses the possibilities of developing financial advisory institutions in the Russian Federation as a basis for improving the level of financial literacy of the population. Special attention is paid to the study of foreign experience in financial consulting and current trends in this area. In the course of the research, an analysis of the existing state programs in this area in Russia, as well as the main tools and products of financial consulting, was carried out. According to the results, three main directions for the development of financial consulting in Russia are proposed, with the help of which it is planned to increase the level of financial literacy of its citizens.

The financial market exists in the interests of society as a whole, contributes to meeting the needs of citizens, preserving and increasing well-being, stimulating the economic development of the state by accumulating free funds and converting them into investment capital, with minimal risks. Historical observations show the constant uneven growth of risks in all segments of the financial market, which causes difficulties in minimizing them, especially in conditions of geopolitical tension through the imposition of all kinds of economic sanctions. The article provides an overview of existing classical and innovative tools to reduce the vulnerability of financial market sectors from the loss of their liquidity and stability.

The article discusses the essence and types of crowdfunding, the views of various scientists on the interpretation of the term "crowdfunding", on the synthesis of which the authors proposed their own definition of the term, also gives a general description of the crowdfunding market in Russia, which allowed the authors to form criteria for conducting a comparative analysis of the functioning of the largest national crowdfunding platforms Planeta.ru and Boomstarter. These criteria are the basis for creating the author's methodology for assessing the potential of crowd platforms, since these signs will reveal the strengths and weaknesses of the platform. The development of a new approach to assess the potential of a crowdfunding platform creates the necessary conditions for the subsequent development of the crowdfunding industry in the national economy, improves the economic effect of using certain types of crowdfunding, and also improves economic relations between entities in general, attracting new users.

This article is devoted to the formation of a methodological basis for assessing the investment attractiveness of cryptocurrencies. The paper studies the main investment strategies with cryptocurrencies, and developed a methodological approach to making an investment decision in the crypto-currency market, which includes an assessment of the investment attractiveness of a digital financial asset. The scientific article presents an assessment of the investment attractiveness of the two most popular cryptocurrencies - Bitcoin and Ethereum.

Digital means of payment, including the digital ruble proposed for implementation by the Central Bank of the Russian Federation, are able to become an effective element of complex interaction within such areas as healthcare, provision of medicines, rehabilitation, provision of geranthological services, social and pension provision. With the use of digital means of payment, which involve the most severe accounting of any of their movement, really significant prospects open up. To the maximum extent, all possible positive potential should be tried from the very beginning. Based on this logic, not only medical and social insurance funds, but also medical institutions should be initially considered as full-fledged links in the system of using the digital ruble being formed by the Central Bank.

Attracting funds from private investors to the country's economy and increasing the level of financial literacy are the tasks of the state, the solution of which will improve the investment climate and form a rational financial behavior of households. The article substantiates the possibility and necessity of increasing the potential for attracting funds from private investors (their savings) to the country's economy and proposes for this purpose an organizational model of interaction between a private investor and an independent financial (investment) adviser.

An individual investment account as a financial instrument for long-term investments is aimed at increasing funds by investing in securities. It allows investors to form a diversified investment portfolio of investments by acquiring ownership of securities. The article is devoted to the analysis of the current state and prospects for the development of individual investment accounts. The paper reveals the concept and essence of individual investment accounts, their advantages and disadvantages are given. A comparative analysis of individual investment accounts in Russian credit institutions was also carried out.

In this scientific article were reviewed problems and prospects of the bank lending in regions of the Kyrgyz Republic, main tendencies in the bank lending and its trends in the context of regions. The main problem of the bank lending in regions is the presence of a dangerous trend of the over-indebtedness of individual entities and individuals, which is associated with the unawareness of the danger of the over-indebtedness by participants in the credit process and the disinterest of commercial banks in the preventing such cases, especially on a regional scale.

The article examines the issues of the emergence and development of behavioral supervision in Russia, analyzes the statistical data of complaints (appeals) received by the Bank of Russia from consumers of financial and insurance services, reveals the problem of misseling and quantifies it, provides measures of the mega-regulator aimed at expanding the availability of financial services.

Tax planning and forecasting is of great strategic importance as part of the formation of a long-term development plan for both the tax system and the national economy. Thanks to tax planning and forecasting, budgets of the budgetary system of the Russian Federation are formed, the funds of which are mainly used to solve social problems, increase the level of human capital and ensure the comprehensive economic development of the country and its regions. This article examines the essence of tax planning and forecasting, and also substantiates the need to apply a risk-based approach in the tax sphere, which contributes to achieving an appropriate level of reliability and quality of tax planning and tax forecasting, improving the efficiency of the tax system and ensuring the tax security of the state.

The article is devoted to the tax mechanism as a key regulator of the state tax policy. During the analysis of scientific publications, approaches to the term "tax mechanism" were identified, which allowed to formulate the author's interpretation of this concept. The analysis of the elements of the tax mechanism is carried out, their characteristics are given.

The article considers tax policy as a component of the economic policy of the state, which forms the federal, regional and local budgets. The directions of the tax policy of the Republic of Tyva are determined, an assessment of the socio-economic indicators of the republic is given. The analysis of the dynamics of tax payments administered by tax authorities is carried out. Some recommendations on improving the tax potential at the regional level are presented.

In this article, the author examines the essence and content of specific indicators of financial management of organizations engaged in renting commercial real estate, and justifies the need for their application in order to improve the efficiency of the corporate finance system.

The article shows the relevance of quantitative assessment of service sector startups at an early stage of development and optimizes the profitable approach of evaluating startups. The specifics of the improved methodology are: the introduction of marketing tools to predict the financial performance of existing organizations and startups; a comprehensive study of the driving market forces (advertising budget, etc.) that determine the effectiveness of a startup; the ability to model the results of a startup in an unstable external environment.

The paper analyzes the concept of "cluster" in foreign and domestic literature, as well as in regulatory legal acts of the Russian Federation. Foreign and domestic sources on cluster topics are analyzed, aspects of the processes of cluster formation and development are highlighted, on the basis of which the analyzed concepts were proposed. In conclusion, the author provides the author's definition of "cluster".

The article examines the problem of sustainable development of companies in modern conditions, justifies the need to take into account non-financial factors. The possibilities and advantages of using ESG tools in companies of nature-intensive business are considered. The authors propose a model of sustainable development of nature-intensive companies, identify areas for the formation of business competencies taking into account ESG standards, and formulate recommendations to ensure the effective implementation of the proposed model.

The article examines the peculiarities of the labor market in the region, presents the dynamics of its main indicators characterizing employment, unemployment, and the educational level of labor market participants. The assessment of the revealed trends in the development of the labor market, including the impact of the pandemic on its indicators, is given. The predicted values of labor market indicators are obtained. This made it possible to formulate the most relevant areas of influence of the state policy of regulating the labor market in the region.

The reform of the pension system in Russia began in the 90s and continues to this day. Within the framework of national development, the Government is struggling with the poverty of the population, and one of the problems in this context is the poverty of pensioners. Currently, in Russia, as in many other countries, there is a rather complex pension system burdened with a number of serious imbalances. The urgency of continuing to reform or completely replace this system is due to a number of objective reasons, including digitalization, changes in the structure of the labor market, the development of green energy and geopolitical events. The purpose of this article is to analyze the classification of factors affecting the income level of Russian pensioners, and to substantiate the directions of overcoming poverty in modern conditions.

Discussions on lease accounting have been going on among accounting researchers for at least 100 years. However, they are reduced to one goal - the recognition of the lease as an object of accounting. At the same time, the lease determines the totality of accounting for various objects and entities involved in the system of lease relations based on the system of property objects transferred for rent from the lessor to the lessee. Consequently, the objects of lease accounting should be economic resources transferred under a lease agreement to the lessee with the right to use them for a certain period of time for the production of other goods or services by the lessee and reimbursement of the value of the property received and the corresponding variable remuneration to the lessee for the right to use the leased assets expressed in the form of contractual obligations of the lessee. The content of the article proposed for consideration is based on the disclosure of the content of this author's position.

The problems of accounting for derivative financial instruments, in particular, options, due to their complexity and uncertainty in the legislative and regulatory acts of the Russian Federation for accounting in non-financial organizations, are practically not considered, while a number of regulations are devoted to accounting for derivative financial instruments by non-credit financial organizations. In the article, the authors considered it necessary to raise the issue and determine approaches to solving the problem of reflecting transactions with options in the accounting of non-financial organizations. In solving this issue, the authors proceeded from the concept of accounting for contractual obligations, which requires the reflection of the underlying asset in an unchanged fair value measurement, and when market conditions change, it is reflected through other comprehensive income of a non-financial organization.

The article discusses the main approaches to assessing the financial stability of commercial organizations, systematizes the problems and limitations of applying coefficient analysis to its assessment. A comparative analysis of the financial stability of three Russian oil and gas companies based on the results of a coefficient analysis, an assessment of the availability of reserves with sources of their formation, a comprehensive and comparative rating assessment.

The study is devoted to the assessment of the environmental component of the economic security of the organizations of the oil and gas complex of the national economy. Within the framework of the study, the classification of environmental risks according to their degree of materiality was carried out. A system of indicators has been developed that allows for a comprehensive assessment of the environmental component of the economic security of organizations (business entities) of the specified complex. The information base for calculating environmental risk indicators is non-financial reporting data. Based on the developed methodology, the calculation of environmental risk criteria was carried out on the example of PJSC Gazprom for the period 2014-2021.