Accounting policy in the enterprise management system

The article examines the essence and role of accounting policy in the accounting management system. The importance of accounting policy in the information provision of management decisions at the enterprise and the tasks assigned to it has been studied. Market conditions of management constantly create situations that require improvement of approaches to the formation of accounting policy. The article examines cases in business practice that require changes to the accounting policy. Attention is drawn to the fact that the main condition for ensuring the economic development of Ukraine is the transition to the export of products with high added value, which requires technological and digital modernization of national production, adaptation to international accounting standards, digitalization of accounting. European accounting standards are considered, namely: International financial reporting standards, EU Directives, national accounting standards of EU countries. A comparison of the main principles of the accounting policy of Ukraine and EU member states was made, it was determined that the main principles of the accounting policy coincide and are unchanged. The article also examines the functions of the accounting policy and the sequence of the most important stages of accounting at the enterprise. Attention is drawn to the fact that an effectively formed accounting policy is able to improve the work of not only accounting, it forms a number of advantages for business owners, managers, company employees, business partners and clients. The expediency and economic efficiency of introducing digital technologies into the accounting processes of the enterprise are substantiated. An analysis of the advantages of digitalization of accounting was carried out: automation of routine processes, minimization of the possibility of making errors and inaccuracies, the possibility of forming a complete accounting system, the possibility of remote access and obtaining accounting information in real time. The main tools of digitalization of accounting are considered: specialized accounting programs, artificial intelligence, blockchain, cryptocurrency, cloud technologies. The challenges of implementing digital accounting by domestic enterprises and the main directions of overcoming them are also identified.