International models of accounting and tax regulation under digital transformation: a comparative analysis and international experience

Abstract

The article examines international models of accounting and tax regulation in the context of the digital transformation of the economy and identifies the prospects for adapting foreign experience to the development of Ukraine's accounting system. Purpose. The purpose of the article is to conduct a comparative analysis of international accounting and tax regulation models, determine the specific features of their functioning under conditions of economic digitalization, and substantiate the possibilities of applying foreign experience to improve accounting and tax administration in Ukraine. Methods. The study applies methods of comparative analysis, scientific generalization, systems approach, and structural-logical modeling. The use of these methods made it possible to assess the characteristics of international accounting models, determine the level of their interrelation with tax systems, and investigate the impact of digital technologies on the development of financial control. Results. A comparative analysis of the Anglo-American, Continental, South American, and Islamic accounting models was conducted. The study examines current trends in the digitalization of accounting processes, including the implementation of XBRL reporting, electronic document management, and automated tax monitoring systems. It was established that the digitalization of accounting contributes to increasing the transparency of financial information and improving the efficiency of tax administration. Conclusions. It is substantiated that the development of accounting and tax regulation in Ukraine should be based on harmonization with International Financial Reporting Standards and the implementation of modern digital technologies. It was determined that the adaptation of international experience in accounting digitalization will contribute to improving the quality of financial reporting and enhancing the efficiency of state financial control.