Accounting System in Terms of Modern Information Technology

Abstract

Economic entities taking diverse managerial decisions rely primarily on enterprise information system data, including accounting. The purpose of this article is to examine the issues of generating reliable and useful information in Russian accounting and reporting during the use of advanced technologies of accounting process automation, and to justify the possible ways of their solutions. Scientific developments in the field of modern information technologies, accounting and reporting have served as a methodological and theoretical basis of the work conducted by the authors. The methods of generalization, analysis, synthesis, detailing, and grouping have become the special methods of research and analysis. The obtained results have allowed to explain the problems to be solved: the qualification level of experts, ethical and moral component in the accounting profession, the unreliability and inadequacy of accounting information, loss of accounting data due to possible hacking of cloud servers, etc.