THE ROLE OF ACCOUNTING IN THE INNOVATION DEVELOPMENT OF THE ECONOMY

Abstract

The 21st century has been marked by unprecedented technological advancements, globalization, and shifting socio-economic landscapes. The globalization of the economy and international trade have made countries and operating business sectors develop their products and enhance their quality at a constant rate to compete with goods in the global market. To achieve the success and sustainability of an economy, effective management and innovative development play a key role.