APPROACHES TO TRANSFORMING AN ENTERPRISE’S ACCOUNTING POLICY IN AN UNSTABLE TAX ENVIRONMENT

Abstract

The article presents the conceptual principles of transforming the accounting policy of enterprises in the unstable tax environment typical of the modern economy of Ukraine. The author substantiates the feasibility of moving from the traditional approach to the formation of accounting policy as a tool of accounting identification to its positioning as a strategic management mechanism capable of ensuring compliance with legislative changes, financial flexibility and resistance to regulatory turbulence. The focus is on the role of digital technologies in the modernization of accounting policy, in particular, on the use of ERP systems (SAP S / 4HANA, Odoo, Microsoft Dynamics), automated transfer pricing platforms and tax risk management systems based on the ISO 31000:2018 standard. The study identifies structural elements of accounting policy that require priority adaptation: scenario pricing mechanisms, dynamic reservation of tax liabilities in accordance with ASC Topic 740, automated VAT administration in connection with the update of reporting forms. An analysis of digital tools that allow for rapid response to changes, increase reporting accuracy, and reduce administrative burden was conducted. Particular attention was paid to barriers to the implementation of digital solutions: high costs for IT infrastructure, a shortage of tax law and IT specialists, and the need for constant software updates due to the variability of the tax environment. Practical recommendations were offered for the phased implementation of digital solutions, cost optimization, formalization of internal procedures, and development of personnel competencies. The results obtained allow us to consider adaptive accounting policies as a tool for ensuring tax compliance, reducing penalty risks, and achieving financial stability of the enterprise in conditions of regulatory uncertainty. The findings also open perspectives for developing industry-specific accounting policy models tailored to various risk profiles and operational scales. Future research may focus on empirical testing of the proposed approaches across different sectors of the Ukrainian economy, as well as on evaluating the long-term impact of digital adaptation on fiscal performance and transparency.