STRUCTURAL AND INSTITUTIONAL TRANSFORMATIONS OF ACCOUNTING AND CONTROL ENSURING THE EFFICIENCY OF BUSINESS PROCESSES IN THE SECTOR OF SMALL AND MEDIUM-SIZED ENTREPRENEURSHIP

Abstract

The article examines the structural and institutional transformations of accounting and control support for the efficiency of business processes in the small and medium-sized enterprises (SME) sector in Ukraine. The relevance of an integrated approach to the organization of accounting and control in the conditions of large-scale digitalization, high economic uncertainty, increased competition and changes in the regulatory environment is substantiated. An analysis of modern scientific research is conducted that highlights the standardization of accounting policy, the implementation of IFRS, accounting and analytical support and management control of business processes in the activities of SMEs. The key components of accounting and control support for business processes in the SME sector are identified - accounting for financial flows, management accounting and internal reporting, operational control and audit of processes, analytical support and forecasting, information and communication and digital support. The directions of institutional (integration of internal and external standards, development of a system of institutional support and professional support) and structural (technological modernization, regulation of control procedures, updating of the monitoring and risk management system) transformations of accounting and control support for the efficiency of business processes in the SME sector are separately considered. The tools (means, measures) and expected results of such transformations in the SME sector are also determined. It has been established that the integration of standards and the development of institutional support increase transparency, compliance with regulatory requirements and the investment attractiveness of business entities, and structural transformations ensure an effective digital infrastructure, predictability of management decisions and resilience of business processes to risks. The coordinated implementation of these transformations creates a holistic accounting and control support system that contributes to increasing the efficiency, reliability and stability of the SME sector, in particular distribution companies, in a dynamic market environment and the emergence of various challenges and shocks.