The use of accounting information for assessing the economic security of commercial banks

Anastasia Gontar,Nadezda Chernovanova,Elena Yagupova,Vladimir Plotnikov,A Zheltenkov

doi:10.1051/e3sconf/20199108065

Abstract

The authors studied the use of accounting information for assessing the level of economic security of commercial banks. The article substantiates the choice of financial indicators of credit institutions as input parameters of the neural network. The analytical platform Deductor Studio Academic was chosen as the instrumental environment for assessing the level of economic security of banks. With its help, cluster analysis was performed. The division of the initial set of credit institutions into subsets (economic security classes) used the k-means method with splitting into three clusters: cluster 0 - “Optimal level of economic security”, cluster 1 -“Conditionally optimal level of economic security”, cluster 2 - “Low level of economic security”. The proposed data model with the results of the division of credit institutions into clusters according to the financial indicators of International Financial Reporting Standards made it possible to draw conclusions about the level of economic security of credit institutions and justify the choice of accounting information indicators for implementing a neural network approach to banking research.

Highlights

Modern economic development essentially depends on the availability and sufficiency of such a factor of production as capital
The purpose of this study is to develop scientific and methodological tools for using accounting information to assess the level of economic security of commercial banks
When training the neural network, the selected financial indicators of commercial banks were used as input parameters, and the output parameters were the values of the FES economic security function (Table 1)

Summary

Introduction

Modern economic development essentially depends on the availability and sufficiency of such a factor of production as capital. It is necessary to have a developed and stable banking system. It acts as a factor in the successful development of the economy in general and the urban economy in particular [1]. In modern conditions of economic transformation, changes in the system of global competition, the sustainability and predictability of the development of economic systems at micro, meso, macro, and mega levels objectively decreases [2]. This applies to the activities of commercial banks.

Objectives

Methods

Results