Abstract
In the environment of a rather abrupt change in Russia’s economy development stages the issue of the influence of the form of functioning of a business on the financial indicators of its sustainability and development is attracting more and more attention. The study of the problems of holding companies functioning in various areas of the economy is of great research interest from the point of view of both theory and practice. The article examines the ways to optimize the electronic acquisition, processing, storage and application of financial, managerial and tax accounting data of holding companies. The tendency to further integration of financial and management accounting data has been revealed. A research of the current state of accounting software systems in holding companies has been carried out, discrepancies have been found out between the existing techniques of accounting data formation and the requirements of the digital economy. The analysis of the structure of the in-house electronic document interchange has revealed the need for introducing “smart digitization”. For the purposes of this article publications of corporate reports of the largest holding companies were studied and the influence of non-financial information on the disclosure of consolidated statements was established. The requirements to reduce the consolidated financial statements publication time, provide their depth and fullness run into collision with the fragmented use of applied solutions. As a result of the study, a trend has been identified for the integration of accounting systems and consolidation into a single information platform or service center.
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Fomin, V.P., Potokina, E.S. (2020). Trends in Optimizing the Formation of Consolidated Reporting in Holding Companies in the Context of Global Digitization. In: Ashmarina, S., Vochozka, M., Mantulenko, V. (eds) Digital Age: Chances, Challenges and Future. ISCDTE 2019. Lecture Notes in Networks and Systems, vol 84. Springer, Cham. https://doi.org/10.1007/978-3-030-27015-5_29
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