Home  Journals  Financial Analytics: Science and Experience  16(202) - 2014 April

Innovation in economic analysis, accounting and management accounts as formation of new approach to financial management

Available online: 27 April 2014

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: 

Pages: 13-23

The article considers formation of the most effective to approaches the analysis and evaluation of efficiency of business in (or impending) unstable environment. Traditional methods of economic analysis and financial management are suitable for stable, invariable environmental conditions. The economy is too volatile and it is very important that business adequately and quickly reacted to any changes of environment now. The paper presents the innovation in economic analysis, accounting and management accounts which are necessary for formation of a new approach to financial management, more effective in the conditions of financial instability. The author emphasizes that it is easy to use all offered methods in practical work.

Keywords: economic analysis, unstable environment, new methods of the analysis, accounting and management accounting, innovations

References:

1. Bloomberg financial news agency in Russian. Available at: Link. (In Russ.)
2. Gupta S., Lehmann D. “Zolotye” pokupateli. Stoiat li klienty tekh deneg, chto vy na nikh tratite? [Gold buyers.]. St. Petersburg, Piter Publ., 2007, 208 p.

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

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