6D-model of business valuation management: actuarial aspect

Abstract

The article is devoted to new trends and tasks of managing economic business value by the means of multidimensional innovation accounting model under the terms of integration strategies implementation. 6D model of business value management is offered on the basis of actuarial accounting and accountancy with the help of convolution block of 3D, 4D, 5D-formats of accounting interpretation of the results of financial and economic activity of market entity. The first block of the model in 3 D-format contains traditional financial accountancy transformed in 3D based on foreign approach involving high-quality human resources for the specified procedure. The second one is 4D format (3D + time) which consists of actuarial accountancy to an appropriate perspective (time lag (t). The 5D format of accounting information parameterization is proposed for the third block, which includes the development of a system for assessing business value based on the 4D model and provides an increase in its level of investment prospects in the financial market. The proposed 6D model includes investments and effective management system involved in business development by financial resources. Presented multidimensional model of business value management based on an actuarial basis can be used by business entities to emerge financial crisis regardless of the economy sector of Ukraine. The calculated results of accounting and information content of the 6D-model can be used in the decision-making system as a complete foundation for the development of integration strategies of enterprises, as well as an effective lever for attracting the necessary amount of investment in their socioeconomic development.