Accounting info system is a system of data, normally computer based mostly, which mixes accounting ideas and ideas with the benefits of an information system and which is used to research and document business transactions for the aim to prepare financial statements and supply accounting information to its users. Nonetheless, the current variety and fragmentation of the authorized framework on the protection of trade secrets towards their unlawful acquisition, use or disclosure is impairing cross-border R&D and the circulation of innovative knowledge by undermining the capacity of European firms to respond to dishonest attacks on their know-how.
When the pecuniary compensation is ordered as an alternative of the order referred to in level (a) of Article eleven(1), such pecuniary compensation shall not exceed the amount of royalties or charges which would have been due, had that person requested authorisation to use the commerce secret in query, for the time frame for which use of the commerce secret could have been prohibited.
All of the vital as well as the secret information are there stored in an MIS and which is not presupposed to seen by anyone outdoors the corporate or anyone who will not be approved to do so. However, …Read more