scholarly journals Theoretical fundamentals of accounting and reporting information construction in the digital economy environment

2021 ◽  
Vol 8 (1) ◽  
pp. 14-19
Author(s):  
O. Skasko ◽  
Keyword(s):  
Financial Reporting ◽  
Positive Impact ◽  
Digital Economy ◽  
New Paradigm ◽  
Systematic Analysis ◽  
Economic Agents ◽  
Factors Influencing ◽  
Information Construction ◽  
Grouping Method ◽  
Document Flow

Modern theoretical and applied principles of digitalization and its impact on the information security of enterprises are revealed. The main digital trends that determine the directions of development of accounting and financial reporting. Peculiarities of the Ukrainian economic environment and possibilities of introduction of the means of informatization developed in the world theory are analyzed. The mechanisms of large-format automation of financial reporting processes and the use of document flow in the activities of Ukrainian enterprises are studied. The hypothesis of this study is the assumption of the positive impact of digital technologies in the reporting of socially significant Ukrainian enterprises. The study used general and specific research methods, namely: the method of systematic analysis of domestic and foreign experience in the digital economy to justify a systematic approach to the study of phenomena and processes of building a new paradigm of interaction of economic agents; dialectical method for studying the genesis of the digital economy as a defining trend of modern global socio-economic development; method of induction to determine the factors influencing the environment of digitization of accounting information; the grouping method provided systematization of factors influencing the development of digitization processes, etc. It is substantiated that digitalization as an environment for economic processes and operations will lead to changes in methodological tools of accounting and virtualization of accounting processes.

PRIMARY INFORMATION ABOUT ACCOUNTING OBJECTS IN THE DIGITAL ECONOMY

2021 ◽  
Vol 3 (11) ◽  
pp. 74-81
Author(s):  
Tatyana P. Karpova ◽  
◽  
Zhanna A. Kevorkova ◽  
Victoria V. Karpova ◽  
◽  
...  
Keyword(s):  
Financial Reporting ◽  
Digital Economy ◽  
Economic Life ◽  
The Public ◽  
Factors Influencing ◽  
Primary Documents ◽  
Paper Document ◽  
Document Flow ◽  
New Challenges ◽  
Commercial Organizations

In the digital economy, accounting and financial reporting face new challenges and the need to implement them. A priority role in this aspect belongs to primary accounting, in particular, the fulfillment of the requirements for completeness and reliability of reflecting the availability, safety, movement and use of assets and liabilities of commercial organizations and institutions of the public sector of the economy. Stand-ardized approaches to the construction of primary accounting in terms of electronic and paper document flow are analyzed. The article pays special attention to a set of normative acts regulating to varying degrees the composition and content of mandatory requisites of primary documents. The factors influencing the versatility of the requirements specified in the regulations of various government structures and departments are indi-cated. The results of the study can be used in the practical activities of organizations and institutions in order to fully and reliably reflect the facts of economic life concerning the presence and movement of accounting objects.

Disclosure of the COVID-19 pandemic impact on companies' financial reporting as a condition of its transparency

2021 ◽  
Vol 24 (3) ◽  
pp. 271-296
Author(s):  
Mariya A. VAKHRUSHINA ◽  
Alina A. VAKHRUSHINA
Keyword(s):  
Content Analysis ◽  
Financial Reporting ◽  
Positive Impact ◽  
Quality Of Information ◽  
Systematic Analysis ◽  
Public Companies ◽  
Financial Situation ◽  
Online Commerce ◽  
Theoretical Part

Subject. This article discusses the presentation of transparent IFRS reporting that details the COVID-19 pandemic impact on all areas of the company's activities. Objectives. The article aims to structure, systematize, and evaluate the quality of information on the COVID-19 pandemic impact on the performance of Russian companies presented their IFRS reporting in 2020. Methods. For the study, we used the methods of content analysis, quantitative and systematic analysis, and grouping. Results. The article consists of two parts: theoretical and empirical ones. The theoretical part substantiates the need to disclose the COVID-19 pandemic impact on companies, and it defines the areas of such disclosures. The empirical part assesses the quality of disclosure in the Interim IFRS reporting of fifty domestic public companies of twelve business types. Conclusions. All the companies studied have in one way or other disclosed data on the pandemic impact on their performance and/or financial situation in the Financial Reporting Notes, but overall the quality of such disclosures should be considered poor. However, not all of the companies sampled were affected by the pandemic. In their IFRS reporting, some of them reflected the positive impact of COVID?19 on the development of online commerce and as a result, on the increase in sales.

Development of the digital economy and its impact on labour market

2020 ◽  
Vol 3 (3) ◽  
pp. 139-145
Author(s):  
Dilmurod Abdulloevich Nasimov
Keyword(s):  
Labour Market ◽  
Technological Progress ◽  
Positive Impact ◽  
Digital Economy ◽  
Production Possibility ◽  
Production Possibility Frontier ◽  
Factors Of Production

The article considers the effects of technology on the level and composition of employment. Technological progress, by increasing the productivity of factors of production, expands an economy’s production possibility frontier but also decreases the number of existing workplaces. So the aim of the paper to consider the opportunities to the positive impact of the ICT on the labour market.

scholarly journals Positive-impact companies: Toward a new paradigm of value creation

2020 ◽  
pp. 100806
Author(s):  
Ignacio Pavez ◽  
Lori D. Kendall ◽  
Chris Laszlo
Keyword(s):  
Value Creation ◽  
Positive Impact ◽  
New Paradigm

Factors Influencing Innovation and Industrial Performance in Chinese Manufacturing Industry

2017 ◽  
Vol 14 (06) ◽  
pp. 1750040 ◽  
Author(s):  
Nnaemeka Vincent Emodi ◽  
Girish Panchakshara Murthy ◽  
Chinenye Comfort Emodi ◽  
Adaeze Saratu Augusta Emodi
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Product Innovation ◽  
Manufacturing Industry ◽  
Positive Impact ◽  
Export Performance ◽  
Patent Application ◽  
New Product ◽  
Factors Influencing ◽  
Industrial Performance

This study investigates the factors influencing the Chinese manufacturing industry’s innovation and industrial performance utilizing a panel data approach on a sample of Chinese manufacturing enterprises over the period of 2008–2013. The industries were grouped according to related sectors into five groups, a general group was also created which included the whole data sample. The study found that research and development (R&D) expenditure positively influenced the growth of product innovation and industrial performance, but not necessarily knowledge innovation and export performance. Also, expenditure on new product development had a positive impact on both innovation and industrial performance. The growth of patent application was discovered to be influenced by an R&D project and foreign patent license. Finally, the number of enterprises and firm size (i.e. number of employees) contributed positively to the industrial output performance. The findings suggest that industrial R&D and new product development influences the success of product innovation and sales performance. The study recommends that the government should set up policies that will stimulate industrial R&D, while supporting technology transfers from foreign partners. Most importantly, government policies on the development of the industry should be addressed on a sectorial level and not a “one-size-fit-all” type of policy.

The Firm-Specific Factors Influencing the Tax Haven Operations of Indian Multinationals

2021 ◽  
pp. 001946622110360
Author(s):  
P. Vineeth ◽  
K. B. Nidheesh
Keyword(s):  
Service Sector ◽  
Positive Impact ◽  
Binary Logistic Regression ◽  
Binary Logistic Regression Model ◽  
Firm Level ◽  
Return On Equity ◽  
Factors Influencing ◽  
Tax Haven ◽  
Specific Factors ◽  
Knowledge Intensive

The present study measures the role of firm-specific factors influencing the likelihood of establishing a subsidiary in tax haven countries. The panel data of Indian companies, which have business operations in foreign countries, are used for the study. The firm-level data for the period from 2007 to 2018 are analysed by using binary logistic regression model. The result shows that the intangible assets, long-term debt, number of subsidiaries and service sector dummy have significant and positive impact on tax haven operations of multinational companies, but the experience of the firm and return on equity are insignificant, and a firm’s size deters the likelihood of setting a tax haven subsidiary. The results also show that firms from high-technology manufacturing and knowledge-intensive sector have more influence on the likelihood of owning a tax haven subsidiary by Indian multinationals. JEL Codes: F21, F23, H25, H26

scholarly journals Research on the Impact Mechanism and Application of Financial Digitization and Optimization on Small- and Medium-Sized Enterprises

2021 ◽  
Vol 2021 ◽  
pp. 1-6
Author(s):  
Qiuxia Li
Keyword(s):  
Digital Technology ◽  
Positive Impact ◽  
Digital Technologies ◽  
Digital Economy ◽  
Scale Economy ◽  
Financing Constraints ◽  
Technological Revolution ◽  
The Impact ◽  
Scope Economy ◽  
Financial Technology

Background. With the continuous advancement of digital technology and the accelerated development of digital finance, the rise of digital finance has had a vital impact on the true evolution of SMEs. The digital economy has a significant positive impact on the productivity of SMEs. Method. This article first analyzes the digital level of SMEs, studies the incentive effect of digital finance on the level of technological revolution of SMEs, and analyzes the mitigation effect of digital finance evolution on the financing constraints of SMEs. At the same time, it also studies how to develop the digital economy and achieve high-quality business evolution. Result. The digital economy can promote the growth of enterprise productivity through four indirect ways: scale economy effect, scope economy effect, technological revolution effect, and management benefit effect. Conclusion. The Financial Technology Optimization program helps financial leaders adopt new digital technologies to optimize financial processes while minimizing disruption.

scholarly journals Workshop Pembuatan Laporan Keuangan Dasar Organisasi Nirlaba untuk Santri Lembaga Kesejahteraan Sosial Anak (LKSA) Nurul Iman

2021 ◽  
Vol 2 (2) ◽  
pp. 108-116
Author(s):  
Dede Mustomi ◽  
Asep Dony Suhendra ◽  
Khoirul Ulum ◽  
Maria Lapriska Dian Ela Revita
Keyword(s):  
Community Service ◽  
Financial Reporting ◽  
Positive Impact ◽  
Main Theme ◽  
Study Program ◽  
Financial Reports ◽  
Non Profit ◽  
Financial Report ◽  
Non Profit Organizations ◽  
Welfare Institution

ABSTRACT Financial reports for an organization are very fundamental. This is a form of transparency for the finances of an organization, especially for non-profit organizations such as the Child Social Welfare Institution (LKSA Nurul Iman) which is a community service partner this time. We from the Business Administration Study Program, Faculty of Economics and Business, Bina Sarana Informatika University held a community service with the main theme being a Workshop on Making Basic Financial Reports for Non-Profit Organizations for Students of the Child Welfare Institution (LKSA Nurul Iman). The main problem why we raised this theme is because LKSA Nurul Iman touches more on programs that are religious in nature, even though the challenges ahead are more difficult and global so that teenagers who are currently studying must be given general knowledge, one of which is understanding financial reporting. Departing from these problems, we provide a solution in the form of a financial report preparation workshop, where we will describe the steps for making financial reports that are easily understood by their age. The method we use in community service this time is in the form of a workshop by providing examples of how to make basic financial reports and immediately put them into practice so that participants can absorb the material provided. The implementation of community service this time is still online using the Zoom application. The use of the Zoom application is due to the pandemic that has not ended and is still PPKM level 2. The output achieved in this community service is in the form of a Press Release which will be published in online media. Hopefully this activity will have a positive impact where the skills gained can be used in the future for the benefit of the Foundation and become provisions when they apply for jobs or establish an organization.

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