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Information and Communication Technologies in the Digital Economy

The paper aims to analyze the factors of the development of the digital economy and assess the current situation in the field of information and communication technologies (ICTs) in the Kyrgyz Republic. The paper discusses the factors of the development of the digital economy and notes that there is little official data on the development of the digital economy, the definition and concept of the digital economy and other components are not legislated, and there are no criteria for assessing the market size. The authors consider the position of Kyrgyzstan in international ratings that characterize the development of digitalization. Moreover, the authors evaluate some indicators of ICT development. In 2011–2015, the share of total costs of enterprises and organizations that use computer technology and ICT to develop and introduce IT and computing facilities averaged 1.13% annually in the GDP of the Kyrgyz Republic. In 2016–2020, this figure decreased by 0.33–0.80%. Based on the analysis of the dynamics of changes in official statistical materials, the authors found that the total costs of enterprises and organizations for the development and application of ICT have an uneven dynamic. Nevertheless, it tends to increase. Over the last five years (2016–2020), the share of these expenditures in GDP decreased by 0.33% relative to 2011–2015. The low volume and decrease in the share of funding and the lack of organizations with advanced production bases based on innovative technologies determine the slow development of ICT in the activities of enterprises.

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Development of the Information-Analytical Base of Accounting and Analysis in SMEs Under the Conditions of Digitalization

The paper considers the development of management mechanisms for small and medium businesses. The authors apply the methods of compilation, the concentration of information flows in accounting, proper planning, and principles, and management of information flows. The authors describe the use of the application software package 1C: Accounting by small- and medium-sized companies in their business for accounting work. The main goals of minimizing the costs of the economy are shown. Moreover, the authors show how the digital economy gives all users transparent and accessible information when making various economic decisions. In today’s world, where there are plenty of opportunities to prepare financial statements at any time in any situation using information technology, all information users have their own needs in making different, competitive decisions. The paper considers projects created in “DOK” LLC on the implementation and improvement of the application of 1C: Accounting in some operations of the company. In practice, streams of information can appear as an object of accounting, with different types of information located in different places, requiring processing and not having a stable character. The authors develop and propose a recommended version of information flows that can be reflected in the accounts. The sources of information by industry in SMEs are investigated, and the level of application of information flows is reflected. The conducted research clarified and proposed recommendations to improve the quality of accounting and ways to improve the management of SMEs.

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