Objects of accounting in conditions of digitalization and non-stationary socio-economic environment

Abstract

Subject: Issues of accounting in a non-stationary environment and digitalization due to the complexity of the perception of many new and non-standard economic objects to be recognized and reflected in the reporting information system, a replicated opinion on replacing accounting with artificial intelligence in the near future. Purpose: Identification of the most significant factors influencing the accounting system, assessment of the vision of its conceptual sphere, characteristics of a number of new accounting objects, and areas of modernization in the face of modern challenges. Research design: The authors offer a vision of the prospects for the development of accounting, changes in its subject field, objects and methods in the context of the digital transformation of socio-economic processes. The emphasis is on understanding the role of accounting in the digital information environment, changes in its semantics and conceptual apparatus, the definition of digital and digital transformation-related objects, ways of developing accounting methods and procedures. Results: A vision of further opportunities for the development and modernization of the theory and accounting practices.