DEVELOPMENT OF INFORMATION BASE FOR MODERN BUSINESS
Authors: Pushkar Mykhailo 
Published: April 2022

Purpose. The aim of the article is to form the new approaches to the expansion of information resources in the system of management accounting for the needs of management based on the use of potential opportunities in the information field of business.

Methodology of research. The content of the article is based on the use of such scientific apparatus as historical method (in the study of industrialization of society and the emergence of management accounting), sociological analysis (in studying the factors of informatization of society and business), development of accounting science (based on analysis of advanced information system) and synthesis of enterprise information system (expansion of analytical information for managers), dialectic of business environment changes and their impact on the structure of information resources (analysis of the structure of information resources of management accounting), abstraction, logic and cause-and-effect relationships between information and quality management decisions composition of information resources depending on the information field of the enterprise and the needs of managers).

Findings. The evolution of the development of management accounting depending on the needs of management in the early twentieth century is analysed. It is proved that financial accounting does not meet the needs of managers at the operational level of management, because it focuses on preparing financial statements of the enterprise for previous periods in monetary terms, at a time when managers require information in terms of real-time structural units and in-kind indicators on the cost of individual technological operations for certain types of products.

It was found that management accounting differs from traditional in that it is a complex integrated model, which combines such processes as planning, rationing and budgeting, cost control, analysis of results, making operational decisions about production costs. It is established that the model of management accounting is subject to the management system, which is formed taking into account the requests of operational (line) managers and individual agents of the information field (economists, analysts, lawyers, engineers, accountants, etc.). Involved in the theory of accounting and accounting practice of such a concept as the information field, which allows to expand the horizons of research on the issue of obtaining large amounts of information about business activities.

Originality. The author explores the possibility of significantly changing the methodology of the accounting process in domestic enterprises with in-depth analysis of their information fields and expanding information for operational and strategic levels of management, which can significantly affect the soundness of management decisions and financial efficiency.

Practical value. The author’s proposals can be used as a methodological guideline for the implementation of the idea of expanding information resources for business.
Key words: business; system; accounting; information; management; information field; management accounting.