IMPACT OF DIGITALIZATION ON THE ORGANIZATION OF ACCOUNTING IN BUDGETARY INSTITUTIONS

Abstract

Modernization of the public sector of the economy of Ukraine is one of the conditions for successful European integration. Its basis is: modernization of accounting in the public sector, digitalization of public administration at the level of state and local authorities, as well as ensuring transparency and efficiency of the use of public funds. One of the conditions for obtaining positive changes is the revision of the requirements for the organization of accounting in budgetary institutions, which is also due to the development of accounting information systems and the use of artificial intelligence in the formation of accounting and analytical information. The purpose of the study is to determine the impact of digitalization on the content of the organization of accounting in budgetary institutions. The methodological basis of the study is dialectical, abstract-logical, bibliographic methods, as well as induction, deduction, analysis and synthesis methods, which are used to determine the impact of digitalization, as well as artificial intelligence on the components of the organization of budget accounting of budgetary institutions. It was established that: the changes caused by digitalization concern all stages of the technological process of information processing, and therefore should be reflected in the issues of organizing accounting of budgetary institutions; the accounting policy of a budgetary institution, as the main component of the organization of accounting, is formed under the influence of strict regulatory regulation, budgetary discipline and the principle of unity of methodology, aimed at compliance with budget legislation, efficient use of resources and fulfillment of the main social tasks of functioning (education, healthcare, culture, law and order, etc.). Its development and improvement requires a systematic approach, which involves simultaneous consideration of regulatory, organizational, methodological, technological aspects. In modern conditions, this is achieved through digitalization, the use of information accounting technologies and artificial intelligence. Taking into account the above proposals will bring the actual transformation of accounting under the influence of digitalization into line with the local regulation of accounting policy and accounting organization of a budgetary institution, which will contribute to improving the quality of accounting information, all types of reporting compiled on its basis, ensuring transparency in the use of budget funds, as well as strengthening European integration processes in the field of public finance management. Prospects for further research are to study the problems of further digitalization of accounting of budgetary institutions, its impact on accounting policy and accounting organization, as well as the organization of cybersecurity of accounting information.