Journal of Finance and Accounting

Special Issue

Synergy of Accounting, Finance and Management in Chaotic Environment

  • Submission Deadline: Oct. 30, 2014
  • Status: Submission Closed
  • Lead Guest Editor: Svitlana Kuznetsova
About This Special Issue
Financial crisis, the consequences of which experienced the whole world, showed unwillingness of majority of companies to operate in the chaotic economic environment. Modern features of chaotic environment, which implies openness, uncertainty, dynamism and self-organization and fundamentally new requirements of the information society, require the creation and study of new approaches to accounting, finance and management. The synergy is the increasing efficiency as a result of the connection and integration of individual parts into one system. Synergy is the emergency of new productive forces or qualitatively new sources of development, enhancing the effectiveness of a combination of various parts, elements, factors into a single system due to synergistic effects (emergency).

Thus, the use of synergistic approach aimed at radically new consideration of contingency and necessity through the recognition of significant accidents in developing scientific theories and provides the possibility of finding more efficient ways to agencies, their economic relationship reconstruction. The use of synergistic approach in the process of development of accounting, finance and management should be directed at developing methods and techniques, which would provide high-quality economic system in the chaotic environment, according to established criteria of classification.

As result, synergy provides a comprehensive development of different levels and forms of links between the elements of accounting, finance and management systems, which enhances the evolution of their integrity and effectiveness, the possibility of multiple development in an chaotic economic environment functioning of administration in view of statistical and dynamical laws and regularities that have the character to the overall evolution of the global economic system.

Indisputable advantage of synergetic development of accounting, finance and managerial capabilities are enabling the system to react to changes in external and internal chaotic environment of economic actors (in particular through the incorporation of the impact of accidents on the society and economy), the possibility of movement of accounting information, financial flows and management decisions taking into account existing and possible demand.

In this special issue, we seek submissions concerning all aspects of synergistic development of accounting, finance and management in the chaotic environment.

Aims and Scope:
1.  Synergistic development of accounting, finance and management in the chaotic environment
2.  Accounting in the chaotic environment
3.  Finance in the chaotic environment
4.  Management in the chaotic environment
5.  Integrated reporting in the chaotic environment
6.  Synergy of the accounting information in in the chaotic environment
7.  Synergy of the of management accounting, corporate finance and management in the chaotic environment
8.  Financial risks in the chaotic environment
9.  Synergy of the state finance, corporate finance and economic development in the chaotic environment
10. Corporate governance: Synergy of corporate culture and financial control in the chaotic environment
11. Cost of capital and capital budgeting in the chaotic environment
12. Public sector accounting and auditing in the chaotic environment
13. Valuation of securities in the chaotic environment
14. Investment in the chaotic environment
15. Money theory in the chaotic environment
Lead Guest Editor
  • Svitlana Kuznetsova

    Department of Accounting and Auditing, Banking University, Kyiv, Ukraine

Guest Editors
  • Victoria Varenik

    Department of International Finance and Banking, Alfred Nobel University, Dnipropetrovsk, Ukraine

  • Dr. Hossein Parsian

    Plan and Budget Organization of Iran, Tehran, Iran

Published Articles
  • Evaluation of the Efficiency of Cash Flow Management in Chaotic Conditions of Economy Structuring

    Victoria Varenyk

    Issue: Volume 2, Issue 6-1, December 2014
    Pages: 37-42
    Received: Sep. 21, 2014
    Accepted: Oct. 13, 2014
    Published: Oct. 24, 2014
    DOI: 10.11648/j.jfa.s.2014020601.16
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    Abstract: The essence of the concept "cash flow management effectiveness" has been grounded, the method of comprehensive evaluation of the cash flow management effectiveness in the economy has been proposed. Practical implementation of the comprehensive assessment of the cash flow management effectiveness has been described. Three areas of effectiveness eval... Show More
  • Factor Model of Investment Climate Monitoring in Chaotically Structured Economy

    Maria Vakulich

    Issue: Volume 2, Issue 6-1, December 2014
    Pages: 31-36
    Received: Sep. 21, 2014
    Accepted: Oct. 15, 2014
    Published: Oct. 24, 2014
    DOI: 10.11648/j.jfa.s.2014020601.15
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    Abstract: Methodical approaches to the investment climate assessment, which are used by leading national agencies and international organizations for ranking countries have been considered in this article, the need for indexes analysis of Ukrainian investment climate in order to identify the further ways of institutional environment improvement for attractin... Show More
  • Synergy of Corporate Culture and Financial Control in the Chaotic Environment

    Andriy Kuznetsov

    Issue: Volume 2, Issue 6-1, December 2014
    Pages: 21-30
    Received: Sep. 21, 2014
    Accepted: Oct. 09, 2014
    Published: Oct. 24, 2014
    DOI: 10.11648/j.jfa.s.2014020601.14
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    Abstract: Organizational principles of the functional configuration of corporate culture management. The algorithm of functional configuration of the interaction and integration of financial control and corporate culture in a chaotic environment. It was proposed to identify the company’s specific character with relevant determinants in 4 areas - the dynamics... Show More
  • Measurement in Financial Statement: Retrospection and Prospects in the Chaotic Environment

    Svitlana Kuznetsova , Inna Tyvanyuk

    Issue: Volume 2, Issue 6-1, December 2014
    Pages: 13-20
    Received: Oct. 01, 2014
    Accepted: Oct. 09, 2014
    Published: Oct. 24, 2014
    DOI: 10.11648/j.jfa.s.2014020601.13
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    Abstract: Transformation of approaches to using different measurements in closing financial statements has been analyzed in this article. Evolution of the term “fair value” has also been systematized; fair value measurement development has been investigated in the international environment. Normative regulation to using measurements on fair value in Ukraine ... Show More
  • Technical Change and Financial Efficiency: Plowing - Rotary Tractors in Ukraine

    Vladimir Kyurchev

    Issue: Volume 2, Issue 6-1, December 2014
    Pages: 8-12
    Received: Sep. 21, 2014
    Accepted: Oct. 10, 2014
    Published: Oct. 24, 2014
    DOI: 10.11648/j.jfa.s.2014020601.12
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    Abstract: Methodological tool of total costs calculation using machine-tractor aggregates on the basis of plowing and cultivating tractors has been described. Financial effectiveness evaluation of technological changes introduction while using plowing and cultivating tractors has been conducted. Financial effectiveness of using tractor aggregates used in Ukr... Show More
  • Synergistic Development of Accounting, Finance and Government in the Chaotic Environment: Integrated Reporting, Money Theory and Financial Crises Diagnostic

    Svitlana Kuznetsova

    Issue: Volume 2, Issue 6-1, December 2014
    Pages: 1-7
    Received: Oct. 03, 2014
    Accepted: Oct. 09, 2014
    Published: Oct. 24, 2014
    DOI: 10.11648/j.jfa.s.2014020601.11
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    Abstract: The modern world global challenges were formed in chaotic environment. The fundamental principles of government synergistic development have been described to the financial crises diagnostic and forming the ways to increase. The synergistic development of modern finance is shown as development monetarism and new money theory. Theoretical and method... Show More