ADAPTATION OF THE FORESTRY ACCOUNTING SYSTEM TO THE REQUIREMENTS OF THE EUDR REGULATION AND ESG PRINCIPLES

Abstract

The state of accounting and analytical support for export operations in the forestry of Ukraine was studied. The impact of European integration and digitalization on the transformation of accounting systems was determined, in particular through the implementation of the EUDR regulation and the electronic timber accounting system. Based on the analysis of the activities of the State Enterprise "Forests of Ukraine", the price advantages of exports and critical risks of receivables management were identified. The need to implement the "Export Contract Passport" to integrate financial and logistical data in a single digital format was substantiated. The directions of harmonizing reporting with ESG and IFRS principles to strengthen the competitiveness of the industry in international markets were outlined.