Financial resources of construction companies as levers of social partnership: accounting and taxation

Introduction. Currently, there is a need to introduce an appropriate mechanism of interconnections between the private sector and government agencies, which should be aimed at improving the state of social partnership by attracting financial resources of socially oriented entrepreneurial construction structures. The study’s relevance was assessed by a better use of financial resources to ensure correct and timely accounting and management. Purpose. The purpose of the study is to reveal the essence and importance of financial resources for the development of social partnership and to reflect these resources in the system of accounting and taxation of enterprises of the construction industry.Methods. Research methods are based on a dialectical method of understanding the problems of using the financial resources of enterprises of the construction industry and the peculiarities of their accounting and taxation; a systematic approach to awareness of the importance of social partnership for the socio-economic development of Ukraine through the use of methods of analysis, synthesis and comparison of economic indicators; using the positive experience of a number of construction enterprises to improve accounting and taxation for the entire construction industry.Results. The essence and state of social partnership in the enterprises of the construction industry are disclosed. The essence of the concepts of “social finance”, “financial resources” and “financial resources of enterprises” is clarified. The problems of synthetic and analytical accounting, reporting and taxation of employee benefits (including voluntary payments) are identified. A number of accounting conducts on accrual of non-targeted and targeted assistance, assistance for recovery and burial, return and irrevocable financial assistance, repayment of loans, severance payments, etc. are presented. A number of proposals of scientists and practitioners have been supported and developed. They are “Regulations on the reception, accounting and use of charitable contributions and donations from individuals and legal entities” in health care institutions with the relevant sections; structure of the working plan of accounts of enterprises of the construction industry in terms of synthetic account 66 “Payments for payments to employees” and modifications of the “Settlement and payment information of the employee”; displaying information on ifrs employee benefits in the new section “Employee Benefits” form No. 5 “Notes to the annual financial statements” for 6 indicators: targeted and non-targeted provision, financial and severance assistance, burial allowance, additional benefits, etc.Prospects. Further scientific research should be directed to improving the quality and efficiency of accounting and taxation of transactions related to increasing the social responsibility of business. This is an important condition for strengthening its competitive advantages and promoting sustainable economic development.