Advanced Approaches to Accounting, Analysis and Control at Agricultural Enterprises in the Context of Digitalization

Abstract

Amidst the massive digital transformation of the economy, the Ukraine’s agricultural sector faces the need to rethink traditional approaches to accounting, financial analysis, and internal control. The article’s purpose is to sum up and systematize advanced approaches to accounting, analysis, and control at agricultural enterprises in the digitalization context, and to outline improvements in the information support of accounting, analytical, and control. A comparative characteristic of the traditional and digital models for accounting at the agricultural enterprise is given; an architecture of the digital system for accounting, analysis, and control at the agricultural enterprise is proposed. It was established that the implementation of cloud-based ERP systems could ensure the integration of financial and management accounting within a unified digital environment, automation of primary documentation, and electronic document exchange with regulatory authorities. It is demonstrated that the application of Big Data technologies, predictive analytics, and IoT sensors expands the analytical capabilities of agricultural enterprises – from retrospective analysis of financial results to crop yield forecasting and real-time cost management. It is substantiated that the implementation of blockchain technologies and continuous auditing systems facilitates the transition from selective retrospective control to real-time monitoring of business transactions. However, the full realization of digitalization potential is constrained by insufficient technical infrastructure, a shortage of qualified personnel, and the need for harmonizing Ukrainian practices with international financial reporting standards. The research findings can be used in methodological developments designed to promote the digital transformation of accounting and analytical support for agricultural enterprises in Ukraine.