REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Contradictions and Financial Fraud in the Real Sector of the Economy
Danyliuk M. O., Danyliuk-Chernykh I. M., Matsuk Z. A.

Danyliuk, Mykola O., Danyliuk-Chernykh, Iryna M., and Matsuk, Zoriana A. (2022) “Contradictions and Financial Fraud in the Real Sector of the Economy.” Business Inform 1:274–279.
https://doi.org/10.32983/2222-4459-2022-1-274-279

Section: Problems of Business

UDC 330.16:336.672

Abstract:
The article is aimed at studying the socioeconomic basis for the contradictions in the real sector of the economy and their impact on the currently extant types and forms of financial fraud. Uncertainty and increased socioeconomic risks generate various economic conflicts – contradictions of economic interests at all levels – from national levels of management to individual groups of workers. The article presents the most significant of the current contradictions in the economic and social spheres. Their presence and periodic aggravation leads to economic conflicts, which carry the potential for destructive consequences and social losses. One of these types of conflicts is financial fraud, which tends to expand in the real sector of the economy. The current state of financial fraud and abuse in the world and in Ukraine is analyzed; a classification of types of corporate financial fraud and the amount of financial losses suffered by the organizations both worldwide and in Ukraine from the fraudulent activities is provided. A definition of corporate fraud, which should be considered from the standpoint of potential subjects of abuse as an action of destabilizing subjective factors related to violation of laws, procedures and norms, as well as unfair behavior of economic agents, causing potential or real financial losses for enterprise, is proposed. The necessity of monitoring the occurrence and severity of economic, social, ecological and other contradictions as preventive measures for the prevention and development of financial fraud in the real sector of the economy is substantiated.

Keywords: economic contradiction, conflict, financial crime, corporate fraud, losses, damage.

Fig.: 1. Tabl.: 2. Bibl.: 11.

Danyliuk Mykola O. – Doctor of Sciences (Economics), Professor, Professor, Burshtyn Energy Professional College of Ivano-Frankivsk National Technical University of Oil and Gas (4 Kaluska Str., Burshtyn, Ivano-Frankivsk region, 77111, Ukraine)
Email: [email protected]
Danyliuk-Chernykh Iryna M. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
Email: [email protected]
Matsuk Zoriana A. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Finance, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
Email: [email protected]

List of references in article

Yushko, S. V. “Finansovi shakhraistva i zlovzhyvannia u sferi publichnykh zakupivel i sposoby protydii yim“ [Financial Frauds and Abuses in the Sphere of Public Procurement and the Measures of Counteracting Them]. Suchasni problemy ekonomiky i pidpryiemnytstvo, no. 21 (2018): 118-125.
Khorunzhak, N. M. “Publichni zakupivli: shliakhy vyrishennia orhanizatsiinykh i kontrolno-oblikovykh problem“ [Public Procurement: Ways for Resolving Organizational, Control and Accounting Problems]. Stalyi rozvytok ekonomiky, no. 3 (2016): 143-149.
Kyrylenko, O. P., and Rusin, V. M. “Napriamy minimizatsii finansovykh shakhraistv u sferi publichnykh zakupivel“ [Directions of Minimization of Financial Frauds in the Field of Public Procurement]. Svit finansiv, no. 2 (2020): 62-76. DOI: 10.35774/sf2020.02.062
Klymko, T. Yu., and Melnyk, O. O. “Korporatyvne shakhraistvo: realii suchasnosti“ [Corporate Fraud: The Realities of Today]. Naukovyi visnyk Uzhhorodskoho universytetu. Seriia «Ekonomika». 2015. https://dspace.uzhnu.edu.ua/jspui/bitstream/lib/10548/1/КОРПОРАТИВНЕ%20ШАХРАЙСТВО.pdf
Kovbel, A. “Pro shakhraistvo v ukrainskykh kompaniiakh“ [About Fraud in Ukrainian Companies]. https://biz.nv.ua/ukr/experts/shahrajstvo-v-ukrajinskih-kompanijah-sprijnjattja-top-menedzhmentu-1717029.html
Khamyha, Yu. Ya. “Finansove shakhraistvo: kryterii identyfikatsii ta napriamy minimizatsii“ [Financial Fraud: Identification Criteria and Ways to Minimize]: avtoref. dys. … kand. ekon. nauk : spets. 072, 2020.
Realnyi sektor ekonomiky Ukrainy v umovakh systemnykh vyklykiv : analitychna dopovid [The Real Sector of Ukraine's Economy in the Face of Systemic Challenges: An Analytical Report]. Kyiv: Natsionalnyi instytut stratehichnykh doslidzhen, 2021. DOI: https://doi.org/10.53679/NISS-analytrep.2021.11
Poberezhnyi, R. O. “Protyrichchia yak dzherelo rozvytku pidpryiemstv khimichnoi promyslovosti“ [The Contradictions as a Development Source of Chemical Industry]. Prychornomorski ekonomichni studii. 2016. http://bses.in.ua/journals/2016/10-2016/29.pdf
“2020 Global Study on Occupational Fraud and Abuse. Report to the Nations“. ACFE. https://www.acfe.com/report-to-the-nations/2020/
“Vsesvitnie doslidzhennia ekonomichnykh zlochyniv ta shakhraistva 2020“ [World Study of Economic Crimes and Fraud 2020]. https://www.pwc.com/ua/uk/survey/2020/economic-crime-survey.html
“International Standard on Auditing 240: The Auditor's Responsibilities Relating to Fraudinan Audit of Financial Statements“. https://www.ifac.org/system/files/downloads/a012-2010-iaasb-handbook-isa-240.pdf

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»