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#2 / 2006 Category: MODERN TOOLS OF ANALYSIS AND MANAGEMENT OF ECONOMIC PROCESSESIn article intrinsic attributes of the information are analyzed, its role in a today's society is defined. Modern accounting is considered as information system in which by its nature information asymmetry is inherent. On a background of numerous examples of falsification of the data of accounting and the consequences connected to it attempt to define key aspects of its further development is made.