KNOWLEDGE MANAGEMENT IN ACCOUNTING FOR FIRMS: BEST PRACTICES AND LEARNING LESSONS FOR KAZAKHSTAN

Abstract

Since gaining its independence the Republic of Kazakhstan has undergone a series of changes – transition to market economy, knowledge based economy, and knowledge society. The process of globalization and rapid growth of information technologies have introduced such new terms as knowledge management, knowledge sharing, knowledge transfer, and knowledge organizations for Kazakhstani business entities. This article explores the efficiency and importance of knowledge management for business entities, and benchmark of best practices for Kazakhstan. Especially, need for innovativeness to be addressed by different knowledge management practices are highlighted

Keywords

• knowledge management, accounting, intangible assets, information, innovation, Kazakhstan

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