World Economics and Finance Bulletin <p>The World Economics &amp; Finance Bulletin (WEFB) is a double-blind peer-reviewed journal dedicated to promoting scholarly exchange among lecturers, professors, researchers and students in the field of Economics and Finance. WBEF welcomes unpublished, original and full-length research articles, case studies and commentaries on all aspects of Economics and Finance.</p> <p><strong> ISSN (E):</strong> 2749-3628</p> <p><strong>Journal Impact Factor:</strong> 10.665</p> <div class="Categorie"><strong>SJIF 2024:</strong> 7.786</div> <p><strong>WEFB considers unpublished, original manuscripts in, but not limited to, the following fields:</strong></p> <p>Microeconomics, Managerial Economics, Computational Economics, International Economics, Neuroeconomics, Health Economics, Business Economics, Development Economics, Finance, Investment Analysis, Accounting.</p> Scholar Express Journals en-US World Economics and Finance Bulletin 2749-3628 CHALLENGES FACING ACCOUNTING IN LIGHT OF SUSTAINABLE DEVELOPMENT <p>Accounting faces many challenges in light of sustainable development related to addressing the environmental, social and economic dimensions of business operations, and the aim of the research is to understand and identify the challenges facing accounting in light of sustainable development, as well as proposing and identifying solutions to those challenges and directing legislation and policies related to that, and the problem of research lies in the fact that traditional accounting focuses only on the financial element without focusing on the environmental and social influences of business activities, which exposes organizations to environmental and social risks, which leads to Hindering sustainable development. The research was divided into two axes, the first axis was devoted to knowing the current role of accounting in light of sustainable development and identifying weaknesses, either the second axis was quotas to assess the effects resulting in the inclusion of sustainable development, i.e. estimating the impact of including sustainable development concepts in accounting on financial performance and organizational behavior, and the results of the research indicated the need to develop accounting standards in order to be able to provide comprehensive information that keeps pace with sustainable development, which takes into account the environmental and social impacts, as well as enhancing training and education for accountants to increase their awareness. The importance of sustainable development and how to include it in their work</p> Researcher / Bushra Hamed Al-Asami Copyright (c) 2024 2024-07-07 2024-07-07 36 1 8 THE INTERACTIVE ROLES OF ORGANIZATIONAL CULTURE AND ACCOUNTANT PROFESSIONALISM IN CLOUD ACCOUNTING ADOPTION: EXPLORATORY STUDY <p>The research explores the interactive role of organizational culture in the adoption of cloud accounting, taking into account the professional characteristics of accountants (PCAs). To achieve this purpose, the researchers depend on both the descriptive and analytical approaches in collecting and processing the practical aspect of the research. A questionniar was prepared to gather data which were processed using SPSS. The study found a significant correlation and impact between organizational culture and cloud accounting in Iraqi commercial banks. This indicates that organizational culture plays an important and effective role in the use of cloud accounting. The research recommended deepening awareness of the accountatnts ins using cloud accounting due to its ease of use and can achieve perceived benefits. It also recommended building trust in cloud accounting by search for effective means that contribute to improving the quality of performance</p> Abdullah Hussein Jameel Bassem Rashid Ali Imad Nayef Turki Copyright (c) 2024 2024-07-07 2024-07-07 36 9 16 EVALUATION OF THE PERFORMANCE OF SEMI-GOVERNMENTAL INSTITUTIONS USING FINANCIAL ANALYSIS TECHNIQUES / CASE STUDY OF CONSULTING OFFICES / UNIVERSITY OF THIQAR <p>The research aims to identify the nature of semi-governmental institutions, identify financial analysis techniques, and demonstrate the extent to which they can be used in evaluating the performance of these institutions through describing and analyzing the financial statements of semi-governmental institutions/consulting offices. In order to achieve the research objectives, the researcher studied and analyzed the actual reality of the financial statements of the engineering consulting office for the period (2019 - 2021) using a set of financial analysis techniques, the most important of which are (vertical analysis, horizontal analysis, financial ratios, and the Althman model). A set of conclusions were reached, the most important of which are: Financial analysis techniques are used to analyze the financial data, represented by the financial statements available to institutions, and to study the financial information generated from the analysis of that data using the selected techniques, represented by financial ratios, in order to identify the financial performance of the institution that is the research sample. Among the most important recommendations that were developed are: The engineering consulting office should follow financial analysis in order to evaluate its financial performance by using various financial analysis techniques. The engineering consulting office should establish an administrative unit managed by specialists in the field of financial analysis who apply financial analysis techniques in order to evaluate the current financial performance and evaluate it towards addressing Weaknesses, maintaining and developing strengths, as well as benefiting from future investment opportunities and facing the challenges of the external environment.</p> Suhair Kadhim Abdulkareem Copyright (c) 2024 2024-07-07 2024-07-07 36 17 32 THE IMPACT OF ARTIFICIAL INTELLIGENCE IN SUPPORTING RISK MANAGEMENT AND PERFORMANCE EVALUATION <p>The rapid development of technology has led to a greater reliance on Artificial Intelligence (AI) programs across various industries. As a result, this research aims to investigate the role of AI in supporting risk management within institutions and its impact on performance evaluation. The study utilized a descriptive analytical approach and designed a 38-item questionnaire with three main sections: AI and management, risks, and performance evaluation. The findings highlighted the significant role of AI in supporting both risk management and performance evaluation. The study emphasizes the importance of leveraging AI applications for decision-making processes and performance evaluation, as well as staying updated on technological advancements in the field.</p> Ali Mirzah Abd- Alhamza Al-Issawi Copyright (c) 2024 2024-07-07 2024-07-07 36 33 46 MANAGEMENT STRATEGY FOR ENSURING THE FINANCIAL SECURITY OF TEXTILE ENTERPRISES: IN CASE OF UZBEKISTAN <p>In this paper has been investigated ways of identifying internal and external threats to the financial security of textile enterprises are outlined, the problems of financial security of enterprises are studied, and have been proposed scientific recommendations for improving the efficiency of managing this process.</p> Tursunov Bobir Ortikmirzaevich Copyright (c) 2024 2024-07-08 2024-07-08 36 47 51 DEVELOPMENT OF INSURANCE COMPANIES IN THE ECONOMIC CENTER OF THE COUNTRY <p>The main focus of this article is on the insurance sector and economic development of countries in transition; while some of them have already become members of the European Union, others are still in the access to the EU procedure. From the data collected by using an empirical method, it can be observed that the development of the insurance market has had a positive influence on economic growth. The importance of the insurance sector can be observed in the results of the displayed types of insurance in the period from 2020 to 2024. The confirmation of market development is also located in the laid and paid claims, which provide policyholders with security and confidence in insurance companies.</p> Nosirov Jasur Copyright (c) 2024 2024-07-10 2024-07-10 36 52 55 SUSTAINABLE ECONOMIC DEVELOPMENT OF ENTERPRISES <p>At the present time, an effective methodological toolkit has not been developed to manage economic processes in modern conditions in order to ensure the sustainable economic development of enterprises. On the basis of mathematical modeling, it has been proposed that such a tool could be created to provide a quantitative assessment of the main parameters in the creation of innovative products and activities of enterprises. Additionally, on the basis of this tool, decision makers could regulate these processes by introducing additional resources and buying risks. For this purpose, it is necessary to modernize the means of production, which requires a reassessment of the technical level of enterprises. It is possible to achieve these parameters through a certain technical policy of production modernization. In this aspect, the technical policy of enterprises should consider the fact that, depending on the complexity of innovative products put for development and production, the time lag between the start of production of such products and the moment when they enter the market with competitive advantage changes.</p> Uktamov Khusniddin Copyright (c) 2024 2024-07-10 2024-07-10 36 56 59 DEVELOPMENT OF INDUSTRIAL ENTERPRISES AND ANALYSIS OF THE FACTORS OF THEIR COMPETITIVENESS <p>In this article, the concept of forming the competitiveness of small business entities and its essence and the concept of Competitiveness are discussed about such aspects as competitive advantage, price competition, strategic management and other historical and sociocultural aspects, and Competitiveness is also an independent variable, an intermediate variable or a complete variable depending on the approach in research. considered as a dependent variable, consisting of different dissimilar factors depending on the field of activity, and the competitiveness of small and medium-sized hotels in the hotel sector compared to their competitors in terms of price, service quality, gross profit, planning and achieving business goals.</p> Uktamov Khusniddin Copyright (c) 2024 2024-07-10 2024-07-10 36 60 64