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Financial Analytics: Science and Experience
 

The problem of introduction of automation of accounting and reporting at transition to international financial reporting system

Vol. 7, Iss. 3, JANUARY 2014

Available online: 25 January 2014

Subject Heading: Macroeconomics

JEL Classification: 

Sorokina L.N. Senior Lecturer, the Department of Accounting and Audit, the National Research Nuclear University "Moscow Engineering-Physical Institute"
s_l_n@bk.ru

The article studies the problems of preparation of the financial statements in accordance with International financial reporting system (IFRS) with the use of automated control systems. The author considers three possible ways of using software to automate the preparation of IFRS reporting: EXCEL spreadsheets, "1?: manufacturing enterprise management" and SAP software (Systems Analysis and Program Development - systems analysis and programming).

Keywords: accounting, automation, international, financial, reporting, standards, comparison, correlation

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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