• R. Kostyrko SHEI «Banking University», Ukraine
  • L. Zaitseva Lugansk National University named after Taras Shevchenko, Ukraine
  • E. Miklaszewska Cracow University of Economics, Poland



management accounting, sustainable development of the enterprise, financial and non-financial indicators, analysis, system of performance indicators of economic, social and environmental activities, integrated reporting


The article presents the prerequisites and essential characteristics of management accounting, aimed at ensuring the sustainable development of enterprises. The priorities of the development of management accounting methodology based on the implementation of concepts of values and sustainable development are substantiated, which envisages the expansion of the subject field of management accounting by supplementing the objects of accounting of the external environment of economic, social and environmental activity and improving methodological support. The subject field, priority areas and management accounting subsystems are characterized. It is proved that the methodological basis of management accounting is the concept of value and sustainable development and the principles of goal-orientedness, integrity, adaptability, dynamism, integration. The main systems of management accounting support determine the current and strategic accounting for the types of activity of the company, analysis of return on capital. The system of indicators of the analysis of the use of capital (financial, industrial, social, reputational-business, natural) is revealed. The consistency and expediency of using strategic accounting tools to control the implementation of the strategy and forecast the value of the enterprise is argued. The stages of strategic accounting organization are suggested and the feasibility of tools: balanced indicators, functional cost analysis, competitive analysis, cost model, activities, value chain concepts and strategic positioning are determined. The necessity of allocation of the subsystem of analysis of the contribution of capital in creation of value added of the enterprise by types of activity is substantiated. The system of financial and non-financial indicators of management accounting characterizing the efficiency of economic, social and environmental activity of the enterprise and used for the preparation of integrated corporate reporting is presented.

Prospects for further research are to develop methodological provisions for the management accounting of socially responsible activities of enterprises as a tool for forming an information base for the preparation of integrated corporate reporting.

Author Biographies

R. Kostyrko, SHEI «Banking University»

Doctor of Economics, Professor

L. Zaitseva, Lugansk National University named after Taras Shevchenko

Ph. D. in Economics

E. Miklaszewska, Cracow University of Economics

Doctor Habilitowany, Professor


Mazaraki, A. A., & Fomina, O. V. (2016). Instrumentarii upravlinskogo obliku [Management accounting tools]. Ekonomichnyi chasopys-XXI — Economic annals-XXI, 159, 48—52 [in Ukrainian].

Verkhovna Rada Ukrainy. (1999). Zakon Ukrainy «Pro buhgalterskyi oblik i finansovu zvitnist v Ukraini» [Law of Ukraine «On Accounting and Financial Reporting in Ukraine»]. Vidomosti Verkhovnoi Rady Ukrainy — Bulletin of the Verkhovna Rada of Ukraine, 40. Retrieved from [in Ukrainian].

Druri, К. (1997). Vvedenie v upravlencheskij i proizvodstvennyj uchyot [Introduction to management and production accounting]. Мoscow: Audit, YUNITI [in Russian].

Sundin, H., & Wainwright, L. (2010). Approaches to integrating social andenviron mental accounting (SEA) in to accounting majorsin Australian universities. Social and Environmental Accountability Journal, 30:2, 80—95.

Turturea, M., & Turcu, R. D. (2013). Dan Costing systems design for sustainability. Theoretical and Applied Economics Volume XX, 10 (587), 127—144.

Gond, J.-P., S. Grubnic, Herzig, C., & Moon, J. (2012). Configuring Management Control Systems: Theorizing the Integration of Strategyand Sustainability. Management Accounting Research, 23 (3), 205—223.

Kostyrko, R. О. (2014). Intehrovana zvitnist — instrument sotsialno vidpovidalnoho biznesu [Integrated reporting — a tool for socially responsible business]. Chasopys ekonomichnyh reform — Journal of Economic Reforms, 1, 49—54 [in Ukrainian].

Lohanova, N. (2015). Intehrovana zvitnist yak produkt tsilisnoi oblikovo-analitychnoi systemy [Integrated reporting as a product of a holistic accounting and analytical system]. Visnyk sotsialno-ekonomichnyh doslidzhen Odeskogo natsionalnogo ekonomichnogo universytetu Bulletin of socio-economic research of Odessa National Economic University, 4 (47), 50—56 [in Ukrainian].

Sokil, O., Zhuk, V., & Vasa, L. (2018). Integral assessment of the sustainable development of agriculture in Ukraine. Economic annals-ХХI, 170 (3—4), 15—21.

Sokil, О. G. (2017). Metodolohiia oblikovo-analitychnoho zabezpechennia staloho rozvytku pidpryiemstva [Methodology of accounting and analytical support of sustainable development of the enterprise]. Ekonomika rozvytku — Economics of development, 2, 67—76 [in Ukrainian].

Hornhren, Ch. T., & Foster, Dzh. (2005). Buhgalterskij uchet: upravlencheskij aspekt [Accounting: management aspect]. Мoscow: Finansy i statistika [in Russian].



How to Cite

Kostyrko, R., Zaitseva, L., & Miklaszewska, E. (2020). PRIORITIES OF METHODOLOGICAL PRINCIPLES MANAGEMENT ACCOUNTING IN ENSURING THE SUSTAINABLE DEVELOPMENT OF ENTERPRISES. Financial and Credit Activity: Problems of Theory and Practice, 2(33), 166–173.



The topical questions about the development of finance, account and audit