Mechanism of formation and accounting software component of economic reporting sustainable development

Journal Title: Економіка: реалії часу - Year 2016, Vol 3, Issue 25

Abstract

Given Ukraine's course towards European integration important and effective domestic entities at the present stage of development is to prepare statements for significant non-financial indicators. Application of international standards on sustainable development reporting a positive impact on the management of enterprises. After one of the purposes of the study statements is to provide companies opportunities to explain how it manages in the area of economic, social and environmental relations. Thus, there is the possibility of positive effects in terms of improving the management of the company. It should be noted that the analyzed scientific papers contain scientific works on improving the accounting system for reporting sustainable development. Therefore, this study will build on the basis of the characteristics of the economic component of sustainable development of enterprises to improve account security and mechanism of reporting sustainable development as the basis of improving the system of management. After all, accounting is the main source of information systems management. The aim - to build on the basis of the characteristics of the economic component of sustainable development of enterprises to improve account security and mechanism of reporting sustainable development as the basis of improving the system of management. After all, accounting is the main source of information systems management. Given the results of the study Define the benefits to the enterprise in the field of sustainable development. Indeed, despite the costs that the entity will carry on drawing up non-financial reporting and improve accounting management subsystem, the effect and impact will be visible in the improvement of the control function of non-financial sector and reduce the impact of business risks, improve management and early identification of opportunities and risks increase the investment attractiveness of the company, creating opportunities and planning costs of obtaining stable income and security of employees and increase competitiveness in the markets, given the social and environmental activities of the company.

Authors and Affiliations

Оlena Baryshnikova

Keywords

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  • EP ID EP571714
  • DOI -
  • Views 55
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How To Cite

Оlena Baryshnikova (2016). Mechanism of formation and accounting software component of economic reporting sustainable development. Економіка: реалії часу, 3(25), 72-85. https://europub.co.uk/articles/-A-571714