DEVELOPMENT OF ACCOUNTING IN CONDITIONS OF DIGITIZATION OF THE ECONOMY

Abstract

Purpose. The aim of the article is to study the development trend of accounting in the theoretical and practical plane in the conditions of total digitalization of the economy. Methodology of research. The research was conducted using a dialectical approach to the study of the current state of development of the digital economy. In the process of research, general scientific and special methods were used, in particular: the analytical method was used when reviewing literary sources; the classification method made it possible to differentiate the main components of digital accounting, and the description method – to provide them with a detailed description; the monographic method was used in the study of literary sources on issues of digital economy and accounting, the system and analytical method was used in the processing of the received information. Findings. It was determined that the digital economy is an information and communication environment of economic activity on the Internet, the result of the transformational effects of new technologies of general purpose in the field of information and communication. It is substantiated that the automation of accounting is one of the components of digitalization of business, which helps companies to use resources effectively and increase competitiveness in the market. The basic principles of the functioning of the digital accounting platform, which allow creating the latest electronic systems with a significant number of users, have been revealed. Originality. The interpretation of the concept of “digitalization of accounting” was clarified, which, unlike the established ones, interprets it as an intensive process of introducing modern digital technologies into the accounting process; application of constructively modified methods, accounting and analytical tools to improve the quality of collection, generalization, systematization, analysis of large volumes of data, their support, control and creation of a single information system for the needs of the company's management, as well as ensuring conditions for the availability and promptness of information for interested parties with the growth of its credibility. Practical value. The obtained results of the study will contribute to increasing the efficiency of the formation and development of accounting in the conditions of the digital economy and will become the basis for further scientific developments in this field. Key words: digital economy, information technologies, accounting, digital accounting, digital technologies