The dynamic economic growth of China, the expansion of trade, the huge demographic potential, the development of innovations and the introduction of new technologies have attracted the attention of politicians and researchers from around the world. A new level of economic integration between Kazakhstan and China requires enhanced cooperation in not only the political, trade, financial sectors, but also, which is no less important, in the field of education and innovation. This is due to the fact that not only politicians, businessmen, but also ordinary people will join the system of relations in the process of economic integration of the two countries, with their help joint production and joint products will be created. Implementation of the Belt and Road initiative raises new challenges for Kazakhstan and China's cultural and educational spheres. The goal of the research is to examine the prospects of cooperation and innovation in the field of education within the context of the Belt and Road initiative, identify the main areas of educational cooperation and identify key areas of cooperation between Kazakhstan and China. This article contributes  to  the  sense  of  the  Belt  and  Road initiative to improve the theory and practice of international cooperation between China and Kazakhstan in the field of education and innovation.

The economic and political interaction between Kazakhstan and China is well studied in world Chinese studies, while cooperation in the field of education still requires research and systematization since this area makes a great contribution to the promotion of China's interests, values and the development of Chinese influence in the region. Thus, this article is intended to fill the gap in this area. This article contributes to the sense of the Belt and Road initiative to improve the theory and practice of international cooperation between China and Kazakhstan in the field of education.

The paper examines the attractiveness of two different investment alternatives for individual investors. It involves purchase of KAZ Minerals PLC shares versus placement of investor’s funds in second-tier bank’s (Kaspi Bank JSC) deposit in the Republic of Kazakhstan.

KAZ Minerals PLC (hereinafter the “KAZ Minerals”) takes origin from 1930 and as for now it is leading international company for extraction and processing of natural resources. KAZ Minerals is the biggest Kazakhstani company that produces cupper in Kazakhstan and one of the biggest producers in the world. KAZ Minerals is making business in Kazakhstan and it is registered in London and Hong Kong Stock Exchanges.

The second-tier bank, which time deposits will be considered for investment as an alternative to investment in the shares of KAZ Minerals is JSC Kaspi Bank.  JSC Kaspi Bank (hereinafter “Kaspi Bank”) started its operations in 1991, and today it is the one of the market leaders in provision of banking services and other financial products to large and medium-sized corporations, as well as individual clients, in all sectors of Kazakhstani economy.  The choice of the bank is based on results of third quarter of 2019, which showed that Kaspi Bank is not merely one of the largest private banks in CIS, but also has a leadership position as a lender in Kazakhstan by total assets. One more reason for comparing the deposits of this particular bank to the investment in stocks of KAZ Minerals is the low risk level, as the bank’s management emphasizes the importance of asset quality and liquidity management, as well as maintenance of high operating efficiency.

Thus, the paper compares the attractiveness of investment in the stocks of KAZ Minerals PLC versus investment of money in deposit of Kaspi Bank JSC in terms of their profitability and risk level.

Many authors present the term "competitiveness" in a sense of ability to defeat rivals to achieve goals. Moreover, many economists rely on the definition of "competition" as a "contest". Competition is a continuous trend of methods of strive in different areas constantly applying new approaches. Competitiveness can ensure the continuity of this process. Competition is a struggle, that is, the ability to take action in any situation at any time to overcome it. Competition is the contest of organizations in the same market sector with similar interests. The intensity and structure of competition affect its forms and level. In general, the concepts of competition and competitiveness are studied in depth and comprehensively in Economics. Despite of that there is no unified definition of these concepts among scholars, and each researcher provides various definitions from own perspective of the field of study. This article discusses the history of the concept of economic competition in chronological order. The authors analyzed the basic conceptual approaches of economic thoughts of the development of economic competition according to  their  classifications.  The main attention is paid to the concept of competition in the economic sense. The author offers a vision of the concept of economic competition This indicates the complexity and importance of the issue, as well as the need for further theoretical and practical research in this area.

The purpose of the research is to discuss current issues and to unify financial and managerial accounting as a single unit of accounting and application in practice. In the process of the research, the following methods were used: system approach, observation, comparison, grouping and modeling. The research materials are used in the practical activities of financial and economic services of LLP "Hitten Tobacco Kazakhstan" in particular, a set of methodological techniques for preparing financial statements.

The scientific novelty of the research consists in working out conceptual approaches to the formation of financial statements, practical development of organizational and methodological provisions relating to the reporting organizations. The study obtained the following most important scientific results are submitted for protection: a model for formation of financial and management reporting in the entities acting in a specific industry analyzed the organization; updated classification of elements of information in financial statements in accordance with the developed   concept;   an   algorithm   for  testing  economic  operations  in accounting for compliance with the concept; an algorithm for managers ' actions to reflect income and expenses in accounting; a method for comparative analysis of parameters of elements of information in financial statements converged to IFRS in accordance with the proposed model.

The theoretical significance of the research is to expand the information boundaries of financial statements. The practical significance is that the developed set of methodological solutions for the preparation of financial statements will ensure their verifiability and comparability and will serve as a basis for the preparation of reports of economic entities.