In the context of an increase in public debt and an increase in the value of real estate, the implementation of reforms of property taxation systems is becoming especially important. This article analyzes the features of the real estate tax systems in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. The author considers the need for reforms of property taxation systems in Central Asian countries, taking into account the peculiarities of their functioning. During this study, similarities and differences between the systems under consideration were identified, as well as the impact of property taxation on the development of economies and the well-being of the population of Central Asian countries was assessed.

In today's global world, discussions about taxation are very controversial, as the issues of calculating and paying taxes are becoming an increasingly complex and public area. The state expects taxes from taxpayers, and they, in turn, expect tax preferences. The article presents the results of a study of issues of regional policy in the field of taxation of companies operating in the Republic of Dagestan, examines tax preferences introduced in the republic for individual taxpayers.

The article conducts a study on the basis of which it is established that, according to a sample of thirty randomly selected subjects of the Russian Federation, in 23.33% of cases the behavior of regional financial models demonstrated a pronounced narrowing of the public sector. This circumstance confirms the presence of different economic models among the constituent entities of the Russian Federation, not all of which, during the period from 2011 to 2021, retained the effective ability of state participation in co-investment of large-scale investment projects. Using the example of one of the constituent entities of the Russian Federation (the Republic of Bashkortostan), in the analyzed period, a decrease in the state role was recorded in terms of opportunities for co-investment in large-scale investment projects in comparison with the increased financing of the economy at a lower rate from the regional budget.

In the modern world, the economy of any country is experiencing global changes in the field of investment activity, which change the polarity of relations between participants in economic institutions. This article examines the essence of the structural transformation of the national economy and the trends of its implementation in the period 2017-2023, as well as analyzes the state of investment activity of economic entities in Russia and assesses its impact on accelerating the structural transformation of the economy, ensuring economic growth and sustainable socio-economic development of the Russian Federation.

The article discusses current trends in the development of the Russian bond market, the growth of floater placements in the context of tightening monetary policy of the Bank of Russia. The author evaluates the scale of floater issuance both within the corporate bond segment and within federal loan bonds, analyzes the main reasons for a significant increase in interest in floaters from issuers and investors, and evaluates the prospects for the development of floating coupon bonds in the Russian debt market.

The relevance of the article is due to the need for an adequate response of the banking system to the appearance of a new form of money in calculations – digital. Its appearance raises a number of fundamental issues, in particular: what is the source of the increase in these funds in the accounts of the Central Bank of the Russian Federation (Bank of Russia); what are the ways to introduce these funds into market circulation; what should be the ratio of the specific weight of the three forms of money now. All these issues are relevant not only for ordinary market participants, but also for the Bank of Russia. Meanwhile, in the scientific public space, issues of a technical and therefore secondary nature for economic science come to the fore. The purpose of this article is to formulate in general theoretical terms the listed issues that require appropriate reflection. The purpose of the article is to develop answers to the questions posed in the context of the modern national market monetary system. As a result of the conducted research, it was concluded that the size of the production of digital money, as well as the way of introducing them into market circulation, should occur in accordance with the requirements of the law of monetary circulation, immanent in the modern monetary system. The main research methods in the preparation of the article were methods of deduction and induction, organic consistency in the presentation of the material, unity of historical and logical, and a number of other scientific methods.

The article examines the prospects for the development of the domestic banking system in the new economic realities associated with the need to restructure the structure of the financial market to meet the changed conditions of functioning and transformation of the banking system, taking into account the growing trends of digitalization of the economy. The authors substantiate the point of view that the key to increasing strategic competitiveness for banks is the introduction of advanced digital technologies and the transformation of financial technologies, taking into account the actualization of the introduction of digital technologies into the bank's activities. The study also examines the advantages that the bank receives by creating its own unique ecosystem based on the use of new financial technologies and the digital transformation of a number of business processes.

The issue of housing in Kyrgyzstan is currently considered one of the most urgent. One of the solutions to the issue of providing affordable housing is the issuance of a preferential loan. Currently, the Kyrgyz Republic is modernizing the mechanism of mortgage housing lending aimed at providing affordable housing for representatives of all categories of the population. In 2021 Through the efforts of the Cabinet of Ministers, a lot of work has been done on preferential mortgage lending to the population on the terms of the longest possible contract period, reducing interest rates with a favorable repayment period. As a result, interest rates were reduced to 4% per annum (for certain categories of citizens), a mortgage loan could be issued for 25 years. In the period from January to June 2022, thanks to the State Housing Mortgage Lending Program (GIZHK), about 1.8 billion soms were allocated by the state to finance the preferential purchase of housing by obtaining a mortgage loan. With the help of the GIZHK Program, 845 families purchased housing in the shortest possible time, which is 113 families more than in the same period of 2021.

Typical business models that have been inherent in financial organizations for a long period of time have undergone significant changes in recent decades due to the emergence of new global macroeconomic trends, innovative financial instruments, a change in the very paradigm of financing the economy, as well as the developing processes of digitalization. As a result, modern financial technologies, including those related to the introduction of digital solutions, are now beginning to have a significant impact on the transformation of business processes taking place in financial structures. The article substantiates that these transformations are an evolutionarily determined stage in the development of both financial organizations and individual banks, and their active digital business transformation not only makes financial services more accessible to all categories of customers, but also makes it possible to increase the manufacturability of business processes and ensure transparency and security of financial transactions.

Volgograd Institute of Management – Branch of the Russian Presidential Academy of National Economy and Public Administration, Volgograd, Russia The article presents an analysis of the current state of the market of state microfinance organizations of the Russian Federation. The socio-economic role of state microfinance organizations is defined, which consists in performing the functions of a participant in the national guarantee system for supporting small and medium-sized enterprises (SMEs), including in terms of providing microloans to SMEs and organizations that form the infrastructure for supporting SMEs focused on solving regional problems. The main problems of heterogeneity of financing of state microfinance organizations related to the heterogeneity of the level of economic development of territories and the different levels of interest of regional authorities in the development of SMEs in the region are identified. The use of an adapted multi-originator securitization platform is proposed in order to attract financing from the capital market through the issuance of debt obligations through the mediation of the Joint-Stock Company Federal Corporation for the Development of Small and Medium-Sized Enterprises (JSC Corporation SME).

The article contains a critical assessment of the draft Main Directions of the Financial Market of the Russian Federation, the section devoted to insurance. The author provides comments on the proposals of the Bank of Russia. Addresses the issues of transforming long-term savings of citizens into investments. The emphasis is on analyzing trends in the development of the insurance market, which makes the author’s conclusions significant for all participants in insurance relations.

The work confirms that the measures taken by the regulator made it possible to stabilize the financial market under sanctions. The author supports the timeliness and importance of insurance development, including the introduction of shared life insurance, long-term savings programs, etc.

The purpose of the article is to express a position on the main directions of development of the insurance market in 2024-2026 in the context of digital transformation of insurance companies and sanctions restrictions. The results of the work consist in substantiating proposals for the development of the insurance market in the medium term.

A number of theoretical approaches to the definitions of the concepts of "interest" and "balance of interests" are considered. The interests of insurance market participants are classified and described. The current situation in the insurance market is analyzed for compliance with the principle of balancing the interests of the parties. The relevance of the study is determined by the need to identify structural imbalances in the insurance market, for targeted and effective impact from the regulator.

The digital ruble, as an innovative means of exchange, represents a challenge and at the same time an opportunity for accounting and audit professionals. This article examines the impact of the introduction of digital currency on accounting and audit using the example of the digital ruble, and provides a comparative description of the digital currencies of Russia and China. Particular attention is paid to the issues of accounting for transactions with digital rubles, compliance with regulations and standards, as well as the role of auditors in ensuring the reliability of digital financial transactions. The article also examines the challenges and opportunities that arise in connection with the implementation of digital currency.

The article discusses the issues of clarifying the content and scope of the concept of “financial sustainability”, its place in the conceptual apparatus of assessing the financial condition of an organization and expanding the understanding of the methodological tools for its quantitative assessment.

The financial stability of an enterprise is a generalizing characteristic of its financial condition, describing the optimality of the property structure and sources of its formation, which is one of the categories of financial analysis. The increased dependence of enterprises on the action of external factors has indicated the need to consider increasing financial stability as one of the directions for strengthening the economic security of modern enterprises. The study is devoted to the study of the place of financial stability in the system of ensuring the economic security of an agricultural enterprise. An assessment of the financial stability of Russian enterprises in the agricultural sector was carried out, and a coefficient analysis of the financial condition of JSC OPH Tsentralnoye as an object of recommendations was performed. The results of the study showed the low financial stability of agricultural enterprises, which causes a decrease in their level of economic security and has a negative impact on the economic development of agricultural sectors. At the end of the study, recommendations are presented to improve the financial stability of agricultural enterprises as a factor in ensuring economic security.

In conditions of high competition and complexity of economic processes, the problem of evaluating the company's performance factors becomes urgent, which explains the interest in the value-oriented approach, which has been most common in recent decades in financial management. The article examines the content of this approach from the perspective of its broader interpretation: the potential for increasing the value of the company can be found in the strategy of meeting the needs of all parties interested in its development, and also presents the author's vision of the financial management model within the framework of a value-based approach – a system of value- based assessment of the effectiveness of financial management of the company.

In the modern world, there are many different processes associated with the global geopolitical and economic and financial crisis, with the application of external economic and other sanctions, military operations, etc., which led to large-scale structural changes in the Russian economy, which actualized the issues of improving the regulatory support for the management of public (state and municipal) finances and ensuring economic the security of both the state as a whole and its territories (regions). The purpose of this work is a theoretical and methodological justification of the need to improve the quality of financial management in the public administration sector at the sub-federal level in order to ensure the economic security of regions – republics, territories, regions (using the example of the Siberian Federal District), as well as justification for improving methodological approaches and sets of indicators characterizing the quality of financial management in relation to their chief administrators (the main managers of the budget of the subject of the Russian Federation) and the quality of regional financial management in general.

The article examines the problems that arise when collecting statistical data reflecting the digital transformation of society, both in the country as a whole and in its individual regions. The changes in the system of statistical indicators and the efficiency of providing data for monitoring the development of the information society in the Russian Federation by Rosstat from 2010 to 2022 are analyzed. The problem of incompatibility of statistical information collected by departments in the regions due to different indicators embedded in the regional strategies for digital transformation of key sectors of the economy, social sphere, and public administration for 2022-2024 is demonstrated, using the example of the Novosibirsk, Omsk, Tomsk and Rostov regions. The content of the proposed statistical indicators to reflect the process of digital transformation of the regional economy in the Novosibirsk region is also considered. The problem of fragmentation of federal and departmental statistics data in the regions has been identified.

The article provides an in-depth analysis of the influence of the IT sector and its role in the development of the Russian economy. Using up-to-date statistical data, the authors demonstrate the increasing integration of information technology into a variety of economic sectors, with an emphasis on optimizing production processes, increasing operational efficiency and the transition to a digital economy. The impact of IT technologies on macroeconomic indicators, investment attractiveness and diversification of the Russian economy is considered. The article also focuses on the socio-economic aspects of the use of IT technologies, including issues of employment, quality of education and training of specialists in this field. The authors' position on the active development and support of the IT sector is substantiated, which contributes to sustainable economic growth and strengthening of Russia's position on the world stage.

A digitized economy is a system of economic relations transformed by technological advances. In the near future, according to some analysts, companies with a high level of digitalization will occupy leading positions in the global and national markets. Today, a number of progressive companies are widely implementing digital tools in various sectors of the economy by investing in the construction of data processing centers. The article examines the application of digital technologies by Russian organizations and identifies leaders in this direction.

The authors present a methodological approach to the formation and use by commercial organizations of a system of key indicators based on management standards (ISO 9000 and 9001, ISO 9004 and their Russian versions), standards in the field of accountability and interaction with stakeholders of the AA 1000 series, requirements for disclosure of information in integrated reporting. The influence of integrated thinking on the transformation of management targets and the design of an indicator system for monitoring, analyzing and evaluating the organization's activities, taking into account the financial benefits of the needs and expectations of key stakeholders, is considered.

The importance of managing all types of risks has increased markedly in recent years. If earlier the main focus was on managing risks caused by changes in the corporate environment, legislation and the capital market, now the management of risks arising in industrial companies is coming to the fore. The article presents a systematic review of the state of affairs in the field of corporate risk management and describes the current directions of development in the field of its integration with strategic and operational corporate governance of industrial companies.

The article is devoted to theoretical and practical issues of the development of social entrepreneurship, the process of formation of this type of entrepreneurship as an economic category is considered, the distinctive criteria of social entrepreneurship are given, and a brief overview of legal regulation in Russia is made. On the basis of statistical data on the number and structure of social enterprises in the country in the context of regions, the main problems are identified and development priorities are formulated.