IMPLEMENTATION OF DIGITALIZATION OF ACCOUNTING IN THE PUBLIC SECTOR

Abstract

The article examines the digitization of the accounting process in budget institutions. Since accounting is a complex and multi-level process, it was established that the level of digitization of commercial enterprises is higher than that of budget institutions. All citizens receive services from the state, so everyone is interested in the high-quality and speedy work of state institutions. However, it has been determined that there are many software that can help with the accounting process and also speed up the process itself. It was noted that in Ukraine there is a Law "On approval of the strategy of modernization of the accounting and financial reporting system in the public sector for the period until 2025" and the Law of Ukraine "On electronic documents and electronic document management", which regulate the transition of accounting from "manual" to digitized. The advantages of switching to automated accounting and the reasons for its improvement in budget institutions were determined. The advantages are that the budget institution improves its state of financial management and control, the process of drawing up financial statements. Software used by budget institutions, their advantages and disadvantages, as well as the possibility of integration with other programs were described. Such programs are Master: budgetary institutions, Fit-budget, ISpro, UA-budget. The disadvantages of all these programs are that none of them can fully support the accounting process and require the presence of other information systems. It is noted that budgetary institutions carry out document circulation with various institutions, counterparties and bodies in different ways. For their activities, they use the Unified Information System for Budget Management, LOGICA, M.E.Doc, the Taxpayer's Electronic Cabinet, Treasury Client - Treasury, paper documents and others. It was established that modern information technologies require improvement and lead to the improvement of the professional skills of an accountant. Conclusions were formed regarding the improvement and optimization of the use of information technologies for the accounting of budgetary institutions.