Theoretical foundations of accounting and analytical support for financial management in agricultural enterprises

The study aims to determine the theoretical foundations of accounting and analytical support for financial management in agricultural enterprises. For the research, the following methodological tools were used: the method of logical generalization, the method of analysis and synthesis, the methods of induction and deduction, and the method of system analysis. Practical work of agrarian enterprises is only possible with a qualitatively formed accounting system and analytical support for financial management in agrarian enterprises. Accounting and analytical support for financial management is based on accounting and analytical information, which is a set of procedures and methods of obtaining accounting data for the timely, complete, and continuous process of transferring them to the management of the enterprise. The effectiveness of the formed system of accounting and analytical support for financial management in agricultural enterprises is carried out by comparing the costs of its creation and maintenance with the level of income from it. This system includes three elements: accounting, analysis, and internal control or audit. Financial accounting reflects information about the state and changes in the authorized capital, the state, and movement of financial resources, and the results of the economic and financial activities of the agricultural enterprise. Financial analysis provides an opportunity to obtain information on the need for enough financial resources to conduct production and economic activities, comprehensive assessment of the results of financial and economic activities and property status, mobilization of potential internal reserves, optimization of the composition and structure of financial resources, and making informed management decisions. Internal economic control or audit at the management system level is intended for collecting and processing information about economic phenomena and processes; comparison of achieved results with planned data and evaluation of their deviations; acceptance of the necessary managerial influences; and development of recommendations for levelling bottlenecks. Summarizing the above, we proposed the following concept of accounting and analytical support for managing the finances of an agrarian enterprise - it is a complex multi-stage process of collecting, processing, and analyzing management and financial information in the amount and quality necessary for making effective management decisions. Keywords: accounting and analytical support, management, accounting and analytical information, enterprise finances, financial resources, financial accounting, financial analysis, internal economic control, agrarian enterprise.