FINIZ – International Scientific Conference

With the aim of adding value and keeping pace with change, internal audit has a special focus on developing IT risk management and information security techniques. Additionally, attention is paid to improving the process of automation and planning, as key factors in crisis management with special attention to risk management COVID-19 crisis. Also, one of the key processes that internal audit should implement is accepting trends of digitalization in the business operations of companies, adapting to the changed processes and business organization, achieving better efficiency, and reducing costs.

Speakers:

Vera Lončar, General manager at ACCOUNT doo Novi Sad

Tomislav Gajić, MD, PhD, Ass. Prof, Singidunum University, Faculty of Health, Legal and Business Studies, Valjevo

Živoslav Damnjanović, direktor prodaje, Be-terna

“Experience-sharing of Visegrad countries to tax avoidance activity” financed by the International Visegrad Fund grant (project No. 22010083). The papers will present guidelines for adjusting the law and the impact of tax evasion on social responsibility policy in the countries of the Visegrad Group and the Republic of Serbia.

Speakers:

Milan Negovanović, Editor of occasional publications and organizer of professional training, Business Advisor
Topic: Opinions of the Ministry of Finance – the choice of rights or detours to legal uncertainty

Jelena Miljković, Director at KPMG Serbia
Topic: International cooperation to combating tax avoidance and evasion

1. Piotr Luty
    Tax avoidance in V4 countries and Serbia – influence of company size on effective tax rate

2. Goranka Knežević, Vladan Pavlović, Kıvanç Halil Arıç
    Does tax evasion significantly contribute to overall economic crime in Serbia?

Lazar Dražeta, PhD

The international scientific conference FINIZ 2020 is an ideal opportunity for all its participants to present their work and results to the general public, as well as to exchange experiences and ideas with other distinguished experts from relevant fields. Two papers, in the expanded form (30%), will be selected and proposed for publication in The European Journal of Applied Economics (M51) in an accelerated procedure.

At this year’s FINIZ 2020 conference, the Scientific Papers session is divided into two parts, in which 20 papers will be presented. The database of financial and audit reports of companies from the Republic of Serbia will open this session, and then papers from various fields of the conference will be presented.

1. Empirical data on financial and audit reports of Serbian business entities
   Vule Mizdraković, Nenad Stanić, Vladimir Mitić, Ana Obradović, Maja Kljajić, Maja Obradović, Nemanja Stanišić

2. Mihailo Todorović, Miroslav Perić
   Monetary Unit Sampling using MSExcel – Automation in external auditing
3. Danko Jevtović, Nikola Stefanović
   The role of independent directors in corporate governance in IT companies in Serbia
4. Lidija Barjaktarovic, Sanja Kekić
   The influence of pandemic COVID-19 on cyber-security on the Serbian companies
5. Lidija Barjaktarović, Marko Barjaktarović, Snežana Konjikušić
   Echo State Networks Usage for Stock Price Predictions
6. Vladimir Mirković, Marija Vujičić, Dragana Andonović Brmalj
   Does profitability reflect company’s financial health in the Republic of Serbia?
7. Snežana Konjikušić, Gordana Radojević, Ana Vjetrov
   The Implementation of Fuzzy Sets in Decision Making Process
8. Marija Antonijević, Isidora Ljumović
   Innovation and New Roles of Employees in Operational Risk Management
9. Tamara Vesić, Cvetko Lazović, Jovan Petronijević
   The necessity of digitalization of the banking system – a chance or a threat to the development of the banking market?
10. Slađana Sredojević, Sophia Ziakou
    Resilient digital financial education for Youth – European money quiz project
11. Nataša Krstić
    Does Google favour its own platforms in search visibility?
12. Nikola Dražić, Gordana Dražić, Nikola Rakašćan
    Possibilities of using by-products in the circular production process in biogas power plants
13. Tijana Radojević, Tanja Stanković, Danica Rajin
    Employee motivation in the process of managing organizational change
14. Ana Radulovic, Olga Epitropaki
    Leadership in virtual teams
15. Rayyan Amour Al Noumani, Raihan Taqui Syed
    Human Resource Automation: Benefits and Challenges for Organizations
16. Evaggelia Kiosi, Konstantinos M. Karyotakis, Kyriakos Dimitriou
    Corona-virus Crisis and Effective Change Management: Ethical Implications
17. Slavica Squire
    Contribution of Coaching Skills to Leadership
18. Miloš Petković, Lilian Del Real Ramirez
    Knowledge Management as a Driver of Company’s Competitive Advantage
19. Marko Pavićević, Avetik Pashayan, Mohammad Razaul Karim
    Relevance of social media in corporate world 
20. Milorad Kovjanić
    Fraudulent financial reporting as a permanent problem for decision makers

Moderators:

Goranka Knežević, PhD

Marija Radovanović, Credit Fraud manager, Secretary ACFE Serbia Chapter

In the conditions of business process automation, there is an increasing number of criminal acts, both due to the online environment in which business takes place after the COVID-19 pandemic and due to the fact that the criminal mind of criminal perpetrators always finds new forms of activity. In this session, we will answer the question of how to react after indications of ongoing fraudulent activity in the company. Presenting anonymous case studies from business practice is the right way to answer that question.

Vesna Radeta, Manager of financial security, fraud and corruption prevention

Sanja Jovanović, Head of department for cooperation with strategic partners at Wiener Städtische

“Experience-sharing of Visegrad countries to tax avoidance activity” financed by the International Visegrad Fund grant (project No. 22010083). The papers will present guidelines for adjusting the law and the impact of tax evasion on social responsibility policy in the countries of the Visegrad Group and the Republic of Serbia.

Other papers:

Automation in marketing is the latest trend in optimizing marketing activities and maximizing sales results. Thanks to this “personal assistant“, it is possible to accurately identify the needs and desires of potential and existing service users, create personalized campaigns, create quality sales opportunities and monitor the results of activities. Its special contribution to modern business is: significant timesaving, facilitated implementation of activities, and detailed reporting.