The Impact of the Digital Economy on Accounting, Reporting and Audit

DOI

10.2991/iscfec-19.2019.63How to use a DOI?

Keywords

digital economy, accounting, audit, blockchain, artificial intelligence.

Abstract

The article considers the issue of accounting reporting and how the rules and standards have to change in conditions of rapid development of information technologies in order to remain relevant for the evaluation of digital business. Digital trans-formation forces Russian companies to pay more attention to the development of a clear and transparent development strategy, and more often than international companies to audit their corporate structure. The foreign experience of recognition of new objects and tools of digital economy is analyzed. The favorable and unfavorable influence of the digital economy on the activity of operating enter-prises is revealed. In particular, the technology of the distributed registry (lock-up), crypto-currencies, robotization, the Internet of things, the expansion of business opportunities in the market and the absence of common rules for the use of these tools threaten existing enterprises. There is a need and reflection in the reporting of new data and objects. For example, the information on the ecosystem of the digital economy (partnership of organizations, ensuring the con-stant interaction of their technological platforms, applied Internet services, analytical systems, information systems of government bodies of the Russian Federation, organizations and citizens).

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - N. Kamordzhanova
AU  - A. Selezneva
PY  - 2019/05
DA  - 2019/05
TI  - The Impact of the Digital Economy on Accounting, Reporting and Audit
BT  - Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)
PB  - Atlantis Press
SP  - 228
EP  - 230
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-19.2019.63
DO  - 10.2991/iscfec-19.2019.63
ID  - Kamordzhanova2019/05
ER  -