Abstract

The process of possible automation of developing control actions is considered and presented in the article as the mathematical model that shows the economic mechanism of one or more business processes along with the formalized description of management accounting and controlling procedures. As a result, the information space model of the economic management system is obtained which is filled with a set of possible states created.

Highlights

  • The issues of efficient economic management are relevant to the majority of business structures in Russia due to the fact that they are constantly improving in order to maintain their development, implement strategies and ensure a high level of competitiveness

  • In the context of the dominant crisis in the world, including the Russian economy, the businesses are predominantly focused on optimizing their costs along with the adjustment of innovation and investment flows

  • The process of possible automation of developing control actions is considered. It is presented in the form of a mathematical model that shows the economic mechanism of one or more business processesalong with the formalized description of management accounting and controlling procedures

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Summary

Introduction

The issues of efficient economic management are relevant to the majority of business structures in Russia due to the fact that they are constantly improving in order to maintain their development, implement strategies and ensure a high level of competitiveness. In the context of the dominant crisis in the world (taking into account the coronavirus pandemic), including the Russian economy, the businesses are predominantly focused on optimizing their costs along with the adjustment of innovation and investment flows. The issues of the efficiency of economic systems’ functioning within the context of current trends of economy development, digitalization and introduction of advanced technologiescome to the fore, including when creating the information field of the economic management system [2]

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