Introduction. The rapid transformational processes of the economy and mass digitization all spheres life require clear, coherent systematic approaches to construction their activities from subjects audit activity. Ukraine is not lagging behind in introduction latest forms control, therefore actively incorporates experience EU countries into domestic practice. Such a form which introduced practi...

The digital economy is increasingly replacing the everyday economy. continued rapid pace oftechnology development and its use in business presents exciting opportunities for entrepreneurs andchallenges tax authorities. In economy, traditional correspondences, dependencies, andproportions inherent industrial-market are no longer effective. Traditional methods ofregulation new effective, especial...

Abstract Over the period 2015–2017, five giant technologically leading firms, Google, Amazon, Facebook, Apple and Microsoft (GAFAM) acquired 175 companies, from small startups to billion dollar deals. In this paper, we provide detailed information statistics on merger activity of GAFAM characteristics firms they acquire. One most intriguing features these acquisitions is that, in majority cases...

The Sharing Economy (SE) is a growing ecosystem focusing on peer-to-peer enterprise. In the SE the information available to assist individuals (users) in making decisions focuses predominantly on community generated trust and reputation information. However, how such information impacts user judgement is still being understood. To explore such effects, we constructed an artificial SE accommodat...

This paper studies the impact of the information and communication technologies (ICT) on U.S. economic growth using a dynamic general equilibrium approach. We use a production function with six di¤erent capital inputs, three of them corresponding to ICT assets and other three to non-ICT assets. We …nd that the technological change embedded in hardware equipment is the main leading nonneutral fo...

In this issue, Robert Hayes has written provocatively about the implications of the digital economy for Operations Management (OM). Here I examine and illustrate a simple four-stage framework for thinking about these implications: advances in digital technology (stage 1) lead to business developments (stage 2), which impact the views of OM-relevant thought leaders (stage 3), which influence the...

This paper traces the rise of virtual currencies and surveys their more popular incarnations, such Liberty Reserve and Bitcoin. Using cash and conventional electronic payment networks (e.g. Visa and PayPal) as a reference point, we delineate the evolution of financial abuses in the face of virtual currencies. In particular, we describe the properties of virtual currencies that make them suscept...