Accounting information is the basis for stable development of the world economy

Abstract

With the expansion of the circle of users of accounting information on
financial and economic activity of the enterprise, the purpose of which is
to make profit and competitiveness, significantly increases the interest of
participants in the economic process to objective and reliable information
about their financial position and business activity. For the economies of
most countries are characterized by state regulation and market control
methods simultaneously. economic management system includes a variety
of functions. One of the most important functions is the account, which
provides the system with the necessary information. In this regard, the
article discusses the role of accounting information to ensure the development
of the world economy.