Scientific journal
Научное обозрение. Экономические науки
ISSN 2500-3410
ПИ №ФС77-57503

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THE MEANING OF INFORMATION TECHNOLOGY IN THE PROCESS OF FORMATION OF FINANCIAL INFORMATION IN INTEGRATED REPORTING

Guseva E.S. 1 Kruglov D.V. 1
1 St. Petersburg State University of Trade and Economics
Currently, accounting is the main source of information for both external and internal users. As the main criterion of information in modern society are its reliability, usefulness and timeliness, the accounting system should fully provide the user with relevant information. The implementation of these functions in the accounting system is not possible without the active introduction of modern information technologies at s stages of accounting, reporting, and analysis of company’s operation. Obviously, the operation of companies nowdays is impossible without a huge amount of financial flows, reflected in the relevant information processes. Information technologies and their application in practice can solve the economic problems of automation in accounting.