ORGANIZATION OF ACCOUNTING AS THE BASIS FOR FORMING A TRANSPARENT SUSTAINABLE DEVELOPMENT REPORTING SYSTEM

Abstract

The article provides a comprehensive analysis of the transformation of the role of accounting in the context of globalization, digitalization, and increasing public expectations of corporate responsibility. It is substantiated that modern accounting is no longer limited to recording financial transactions and is becoming a strategic management support tool capable of providing comprehensive information support for decision-making and assessing the impact of enterprise activities on economic, social, and environmental aspects in accordance with ESG criteria (Environmental, Social, Governance). Modern scientific approaches of domestic and foreign researchers to the integration of financial and non-financial indicators into the accounting system and the formation of transparent sustainable development re-porting are considered. The issues of improving accounting systems, implementing digital technologies and analytical platforms, as well as adapting accounting methodologies to international ESRS and ISSB standards are analyzed, which allows increasing the comparability and reliability of information for a wide range of stakeholders. The organizational aspects of integrated accounting, which combines classical financial methods with the assessment of ESG indicators, were studied, and key areas of transformation of the accounting system were identified: institutionalization of ESG com-ponents in accounting policy, personification of responsibility for data formation and verification, coordination between the accounting service, environmental and social departments, improvement of internal control and audit procedures. The results obtained indicate that the integration of financial and non-financial indicators into a single system of ac-counting and analytical management support contributes to increasing transparency, reliability and strategic value of information, optimizing resource use, strengthening stakeholder trust and forming long-term sustainability of enterprises. The proposed approaches allow for the formation of high-quality, reliable and comparable sustainable development re-porting that meets modern requirements of the business environment, international standards and expectations of a wide range of information users.