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Abstract
This article proposes to get acquainted with a study that, as a first approximation, assesses the impact of the Covid-19 pandemic on a shift in emphasis in accounting and analytical work. Economic actors once again found themselves in the conditions of a “new normalcy”, now it is a global coronavirus crisis. Now society and business are faced with new risks, threats, disasters, opportunities, unforeseen consequences of the COVID-19 pandemic. Of course, the management of the companies is expected to provide the creative solutions, an economically sound strategy or a policy of working in a new environment. The new complex context of decision-making caused by the pandemic needs to keep information and analytical support up to date. Therefore, this article proposes to pay attention to some aspects of information and analytical work that are of particular importance during the period of the impact of the pandemic and its consequences. The list of such aspects includes the mechanisms for ensuring business transparency, the application of stakeholder theory and change management theory, the organization of a systematic business analysis, the concept of social responsibility and ESG criteria. This approach will make it possible to “reveal” the problems caused by the pandemic and its consequences, find the best solutions therefor, implement them correctly and update the business development strategy. The research results based on the analysis of current business needs will help build an adequate system of accounting and analytical support.
Highlights
The impact of the pandemic on the costs of human capital, on which economic success largely depends [9], is catastrophic
This article proposes to get acquainted with a study that, as a first approximation, assesses the impact of the Covid-19 pandemic on a shift in emphasis in accounting and analytical work
Economic actors once again found themselves in the conditions of a "new normalcy", it is a global coronavirus crisis
Summary
The impact of the pandemic on the costs of human capital, on which economic success largely depends [9], is catastrophic. At the end of March 2020, the State Duma of the Russian Federation adopted a package of laws to combat the consequences of the coronavirus This time was the beginning of another “new reality” for Russian society and business, when a significant reassessment of priorities and values took place. COVID-19 continues to spread across the world, with countries facing a general economic downturn, rising unemployment rates and declining business confidence. Since these difficult conditions of functioning can persist for a long period and have a long-term negative impact on the economy of organizations, a high-quality system of information and analytical support is needed, which allows to initiate changes in a timely manner and make an economically sound choice of decisions. The success of overcoming the economic crisis caused by the consequences of a protracted pandemic depends thereon
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