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Synergistic Development of Accounting, Finance and Government in the Chaotic Environment: Integrated Reporting, Money Theory and Financial Crises Diagnostic

Received: 3 October 2014     Accepted: 9 October 2014     Published: 24 October 2014
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Abstract

The modern world global challenges were formed in chaotic environment. The fundamental principles of government synergistic development have been described to the financial crises diagnostic and forming the ways to increase. The synergistic development of modern finance is shown as development monetarism and new money theory. Theoretical and methodological synergistic components of the transformation accounting in area of integrated reporting improvement have been grounded. The matrix key component of the integrated reporting, which includes 9 elements and determines the structure of such statements has been formed. 7 basic criteria which evaluate the effectiveness of integrated reporting have been proposed.

Published in Journal of Finance and Accounting (Volume 2, Issue 6-1)

This article belongs to the Special Issue Synergy of Accounting, Finance and Management in Chaotic Environment

DOI 10.11648/j.jfa.s.2014020601.11
Page(s) 1-7
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Synergy, Accounting, Finance, Chaotic Environment, Integrated Reporting, Money Theory, Financial Crises, IFRS

References
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[3] R. Engle, "Autoregressive Conditional Heteroskedastic with Estimates of the Variance of UK Inflation ", Econometrica, Vol. 50, 1982.
[4] R. Engle, “GARCH101: The Use of ARCH / GARCH Models in Applied Econometrics ", Journal of Economic Perspectives, vol. 15, no. 4, 2001
[5] R. Engle, " Global Financial Stability and Long-term Risks ", http://slon.ru/economics/rossiya_dvigaetsya_ne_v_tom_napravlenii_chto_i_dr-128832.xhtml
[6] A. Sheng , "Global Finance's Supply Chain Revolution ", Project Syndicate , VOL. 1, 2012, p. 3
[7] M. Friedman, “Lessons on Monetary Policy from the Journal of Economic", Journal of Economic, VOL. 3, 1988, pp. 51-72.
[8] J. Stiglitz, "The perils of 2012", Project Syndicate, 2012, P.5
[9] George Akerlof, “The Market for "Lemons": Quality Uncertainty and The Market Mechanism", The Quarterly Journal of Economics, vol .84, August 1970, рр. 488 – 500.
[10] S. Kuznetsova, " The Transformation of Accounting Systems in the Chaotic economy structuring: The synergetic Approach ", Risk and Decision Analysis, 2011, vol.2, no3, pp.151-160.
[11] S. Kuznetsova, A. Kuznetsov, " The Perspective of information Management Accounting in Ukraine: The synergistic Approach and Arrow’s impossibility theorem", World Journal of Social Sciences, Zia World Press , Australia, vol. 4, no. 1, march 2014, pp. 140 – 153 .
[12] S. Kuznetsova, “Synergetic development accounting for the formation of "knowledge economy" in Ukraine”, Melitopol, LLC "Publishing House MMD", 2010.
[13] F. L. Dermo H. P. Dzhenyk, M. Oreyly, "Audit Monomers", Moscow, Audit, Unity, 1997.
[14] E. Brukynh, "Intelligent capital", Petersburg, Peter, 2001.
[15] Bhimani, A. & Bromwich M. 2009, “Management Accounting Retrospect and Prospect”, CIMA, Elsevier.
[16] C. Armstrong, M. Barth, A. Jagolinzer, and E. Riedl “Market Reaction to the Adoption of IFRS in Europe”, The Accounting Review, January 2010, vol. 85, no. 1, pp. 31-61.
[17] Mc Grow, “Accounting: System and Procedures”, Hill Book Company.
[18] CJ McNair-Connolly, R Silvi, M Bartolin “Integrated Reporting and Value-Based Cost Management: A Natural Union”, Integrated Reporting, 2013, Springer
[19] M. Friedman, “Money And Fiscal politics on Securing of Economic”, Fundamentals of Moscow
[20] IFRS http://www.ifrs.org/Pages/default.aspx
[21] Generally Accepted Accounting Principles, GAAP USA http://www.fasb.org/home
Cite This Article
  • APA Style

    Svitlana Kuznetsova. (2014). Synergistic Development of Accounting, Finance and Government in the Chaotic Environment: Integrated Reporting, Money Theory and Financial Crises Diagnostic. Journal of Finance and Accounting, 2(6-1), 1-7. https://doi.org/10.11648/j.jfa.s.2014020601.11

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    ACS Style

    Svitlana Kuznetsova. Synergistic Development of Accounting, Finance and Government in the Chaotic Environment: Integrated Reporting, Money Theory and Financial Crises Diagnostic. J. Finance Account. 2014, 2(6-1), 1-7. doi: 10.11648/j.jfa.s.2014020601.11

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    AMA Style

    Svitlana Kuznetsova. Synergistic Development of Accounting, Finance and Government in the Chaotic Environment: Integrated Reporting, Money Theory and Financial Crises Diagnostic. J Finance Account. 2014;2(6-1):1-7. doi: 10.11648/j.jfa.s.2014020601.11

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  • @article{10.11648/j.jfa.s.2014020601.11,
      author = {Svitlana Kuznetsova},
      title = {Synergistic Development of Accounting, Finance and Government in the Chaotic Environment: Integrated Reporting, Money Theory and Financial Crises Diagnostic},
      journal = {Journal of Finance and Accounting},
      volume = {2},
      number = {6-1},
      pages = {1-7},
      doi = {10.11648/j.jfa.s.2014020601.11},
      url = {https://doi.org/10.11648/j.jfa.s.2014020601.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.s.2014020601.11},
      abstract = {The modern world global challenges were formed in chaotic environment. The fundamental principles of government synergistic development have been described to the financial crises diagnostic and forming the ways to increase. The synergistic development of modern finance is shown as development monetarism and new money theory. Theoretical and methodological synergistic components of the transformation accounting in area of integrated reporting improvement have been grounded. The matrix key component of the integrated reporting, which includes 9 elements and determines the structure of such statements has been formed. 7 basic criteria which evaluate the effectiveness of integrated reporting have been proposed.},
     year = {2014}
    }
    

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    AB  - The modern world global challenges were formed in chaotic environment. The fundamental principles of government synergistic development have been described to the financial crises diagnostic and forming the ways to increase. The synergistic development of modern finance is shown as development monetarism and new money theory. Theoretical and methodological synergistic components of the transformation accounting in area of integrated reporting improvement have been grounded. The matrix key component of the integrated reporting, which includes 9 elements and determines the structure of such statements has been formed. 7 basic criteria which evaluate the effectiveness of integrated reporting have been proposed.
    VL  - 2
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Author Information
  • Department of International Finance and Banking, Alfred Nobel University, Dnipropetrovs’k, Ukraine

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