Internal control and risk management as factors influencing the reliability of accounting information

The existing discussion on the problems of the expected advantages and limitations of the use of digital technologies in accounting needs to be supported by theoretical and practical developments focused on real and potential threats and opportunities faced by accountants in practice. One of the trends of digitalization is the strategy of integrating production and a wide range of management operations from organizational to accounting and analytical. At the same time, new approaches to internal control are needed, which is the labor function of accountants and should be adapted to the conditions of using digital technologies in the form of various software products and ERP systems in order to ensure the reliability of accounting information. These aspects are being updated due to the fact that over the past few years economic entities have been facing global problems, the consequences of which lead to changes in sales markets, loss of highly qualified specialists, violation of supply conditions and insolvency of counterparties.