The role of accounting in the modern economy

National economy is based on economy of branches, and, therefore, exact forecasting of financial and economic activity of each enterprise is a guarantee of stability of economic development of the country and increase in a level of living of the population. For effective management of any organization the head needs to calculate possible profit and other parameters of further development of business taking into account factors of the external environment. And for this purpose it is necessary to have exact and relevant information. Here, on the first place, there is a work of accounting services, their ability to provide users with reliable information about the level of the actual costs of production and product sales (works, services).