Research Article
Adaptation of Metallurgical Industry Enterprises of Ukraine in the War Conditions
Vladyslava Lyfar*
,
Yuliia Sokolova
Issue:
Volume 13, Issue 3, June 2025
Pages:
86-94
Received:
24 March 2025
Accepted:
8 May 2025
Published:
11 June 2025
DOI:
10.11648/j.jfa.20251303.11
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Abstract: The article analyzed the metallurgical market in Ukraine, particularly the volumes of metallurgical production by the main categories in 2021-2023 (cost iron, steel, rolled metal). The comparison of key competitors in the metallurgical industry of Ukraine, which remained after the beginning of russia's war against Ukraine, according to such indicators as scale of production, access to resources, export orientation, and technological development, was presented. The macro-environment factors of metallurgical enterprises are determined and analyzed: economic, political, legal, social, technological, environmental, and international. In particular, the most negative impact of active hostilities in Ukraine on the activities of the metallurgical industry and the country's economy as a whole is highlighted. The article also identifies and analyzes the micro-environment factors: the state of metal markets, price fluctuations, competition, and the situation in raw materials markets. As a result, the environmental factors are distributed by components, indicating the positive and negative factors’ impact on the activities of metallurgical enterprises in war. The article outlines the risks of the external and internal environment of the metallurgical enterprise, using the example of PJSC "Zaporizhstal". A mathematical model for their estimation, which combines quantitative and qualitative analysis, is proposed. Based on the model, an integral indicator of the environmental risks of the enterprise and an integral indicator of the risks of the internal environment according to three scenarios (optimistic, baseline, and pessimistic), which allowed for determining the risks of the most negative impact. As a result, the integrated risk indicators of the external and internal environment of the enterprise of PJSC "Zaporizhstal" for various scenarios were compared. The possibilities of using artificial intelligence in the management of metallurgical enterprises are exposed in order to increase the accuracy of forecasts, minimize uncertainty, and allocate resources more efficiently.
Abstract: The article analyzed the metallurgical market in Ukraine, particularly the volumes of metallurgical production by the main categories in 2021-2023 (cost iron, steel, rolled metal). The comparison of key competitors in the metallurgical industry of Ukraine, which remained after the beginning of russia's war against Ukraine, according to such indicat...
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Research Article
An Assessment of the Influence of Forensic Accounting on the Performance of Microfinance Institutions in Mezam
Issue:
Volume 13, Issue 3, June 2025
Pages:
95-108
Received:
27 March 2025
Accepted:
7 April 2025
Published:
11 June 2025
DOI:
10.11648/j.jfa.20251303.12
Downloads:
Views:
Abstract: The rise in corporate crime and presence of fraudulent activities has led to the collapse of highly reputable MFIs in Cameroon. It is in this light that this current study was aimed at assessing the influence of forensic accounting on the performance of MFIs in Mezam. Two specific research questions and hypothesis were formulated to guide the study. The population of the study was made up of 490 employees of MFIs from which a sample of 220 employees was drawn using Loren’s formula and questionnaires administered. The questionnaires were analyzed using SPSS version 23 and SMART PLS package programs. The Specifically the findings show that a unit increase in the construct forensic audit results to 0.307 units increase in the overall performance of the MFI while a unit increase in the construct forensic litigation results to 0.121 units increase in the performance construct. Also, a unit increase in forensic audit will results to 0.469 units increase in forensic litigations. To conclude from the t-statistics the results revealed that both forensic audit and forensic litigation positively affect performance of MFIs but the effect of forensic litigation was positive and insignificant. At the end it was recommended that MFIs should employ the services forensic accountant on their activities, also they should adopt code of conduct governing the practice of forensic accounting. Last but not the least stake holders, authorities or government should impose the use forensic accounting and auditing in every organisation and other agencies to deter corruption in all sectors of the economy.
Abstract: The rise in corporate crime and presence of fraudulent activities has led to the collapse of highly reputable MFIs in Cameroon. It is in this light that this current study was aimed at assessing the influence of forensic accounting on the performance of MFIs in Mezam. Two specific research questions and hypothesis were formulated to guide the study...
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