Digital Accounting Algorithms

Galina Krokhicheva,Iulia Mezentseva,Tang Zhen,S Roshchupkin

doi:10.1051/shsconf/202111005008

Galina Krokhicheva, Iulia Mezentseva + Show 2 more

Open Access

https://doi.org/10.1051/shsconf/202111005008

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Abstract

In the article, the authors explore some aspects of the organization of accounting processes in Russia. It is said that it is necessary to improve the existing accounting system in the country, as this requires the active development of digital technologies that widely cover the economy. The reorientation of the existing accounting system in the Russian Federation to the needs of the digital economy is possible through the widespread use of various digital accounting algorithms. The implementation of the proposed ideas can lead to a qualitative change in the organization of management and decision-making in all major areas.

Highlights

The current state of the economy can be characterized by three basic positions: - information is the main economic resource; - the Internet economy and the digital economy are the implementation of information capabilities at any level of management [1]; - innovative management is based on digital technical and economic resources
Digital accounting systems are built on the following principles, focused on the digital economy:
It can be concluded that the basis of digitalization of accounting, its ability to provide all the necessary information to interested users in real time is a system of digital accounting algorithms

Summary

Introduction

The current state of the economy can be characterized by three basic positions: - information is the main economic resource; - the Internet economy and the digital economy are the implementation of information capabilities at any level of management [1]; - innovative management is based on digital technical and economic resources. The transition to the third paradigm of accounting and management development, called engineering, digital, etc., entails the need to create new accounting systems based on the use of digital technologies and platform solutions that provide online information management. While making certain technical adjustments, the legislators, do not seriously raise the question of the need for a radical transformation of the Russian accounting system, which is objectively required by the conditions for the transition to the sixth technological order. This leads to the need for constant theoretical study and improvement of digital accounting and management methods, their legislative consolidation, and indicates an urgent need for their practical implementation. Achieving the global goals set by the state in digitalization, including the accounting system, will allow Russia not to remain "overboard" of global trends. [3, 4]

Materials and methods

Research results and discussion

Conclusion