Vol.10, No.2, May 2021.                                                                                                                                                                                    ISSN: 2217-8309

                                                                                                                                                                                                                         eISSN: 2217-8333

 

TEM Journal

 

TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS

Association for Information Communication Technology Education and Science


Crisis Management: Innovative Financial and Accounting Technologies

 

Natalia Iershova, Oksana Portna, Viktoriia Tretyak, Karina Moskalenko, Oleksii Vasyliev

 

© 2021 Oksana Portna, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)

 

Citation Information: TEM Journal. Volume 10, Issue 2, Pages 766-776, ISSN 2217-8309, DOI: 10.18421/TEM102-34, May 2021.

 

Received: 21 December 2020.

Revised:   30 March 2021.
Accepted:  05 April 2021.
Published: 27 May 2021.

 

Abstract:

 

Under crisis conditions, the behavioural model for business entities is determined by the effectiveness of crisis management which requires the use of innovative financial and accounting technologies, as well as changes that occur within the overall management system of the company. In the course of the current research the mechanism of crisis management of business activity and its elements is proposed and the system of procedural support for the crisis management process is determined. The compliance of accounting and financial instruments and technologies with the functions of crisis management of the company is presented. The paper analyses the importance of organizational changes in the process of crisis management. This allows optimizing the processes of information support for the decision-making process and improving the quality of crisis management of a company.

 

Keywords ––°risis management, innovative accounting technologies, financial instruments, resistance to change, competencies.

 

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