Accounting and financial issues of e-commerce companies on the example of Kaspi and AliExpress

Abstract

The development of electronic-commerce brought thoroughgoing changes to the trading. However, with the development of e-commerce, a series of challenges appeared. This article takes Kaspi and AliExpress as examples, and discusses what sort of issues they face from several aspects: macroeconomic and political situation, financial challenges arising from tax issues, management and accounting challenges. In addition, recommendations are given in order to prevent or mitigate these issues