ACCOUNTING AND REPORTING IN ENSURING THE FUNCTIONING OF THE STATE BUDGET SYSTEM

Abstract

The functioning of the state budget system depends on the quality of information used to manage public financial resources. Under economic instability, fiscal pressures and changing expenditure priorities, reliable and timely financial information is especially important. The purpose of the study is to substantiate the role of accounting and reporting in the information support of the state budget system and to identify directions for improving their use in budget resource management. The relevance of the research is determined by the need to strengthen the information basis of budget decisions and improve the coherence of accounting and reporting data. The methodological basis combines general scientific and special methods. Analysis and synthesis were used to clarify the relationship between the state budget system, accounting, reporting and financial management. Comparative and structural-functional methods were applied to determine the information functions of reporting and the role of accounting information in budget management. Statistical analysis was used to examine changes in the main indicators of the State Budget of Ukraine. Generalization was applied to formulate proposals for improving information support. The results show that accounting and reporting are an important component of the information environment of the state budget system. Accounting provides information on financial transactions, budget resources and obligations, while reporting presents it in a form suitable for analysis, control and management. The study confirms the need to strengthen the link between financial indicators and budget programme results, improve the consistency of accounting and budget data, and increase the timeliness and analytical value of reporting. Analysis of budget indicators demonstrates the importance of reliable and comparable information for understanding changes in public financial resources. The practical value of the study lies in the possibility of applying the proposed approaches to improve accounting and reporting in public sector entities. Priority areas include digital integration of information systems, coordination of accounting and budget data, development of analytical reporting and greater accessibility of budget information.