ACCOUNTING AND ANALYTICAL SUPPORT FOR COST MANAGEMENT OF A MANUFACTURING ENTERPRISE IN THE CONTEXT OF ENVIRONMENTAL RESPONSIBILITY OF BUSINESS

Abstract

The article examines the key aspects of accounting and analytical support for cost management of a manufacturing enterprise under the conditions of increasing environmental responsibility of business. Special attention is paid to the growing influence of environmental factors on the formation of enterprise costs, which necessitates a revision of traditional approaches to information support for managerial decision-making. It is established that environmental considerations are becoming an integral component of modern cost management systems, as they directly affect both operational efficiency and long-term sustainability of enterprises. The study proposes the improvement of the accounting system through the introduction of a separate analytical sub-account titled “Environmental Costs,” with further classification according to functional areas. Such structuring allows for more accurate identification, accumulation, and analysis of environmentally related expenses, thereby enhancing transparency and the quality of internal reporting. The feasibility of integrating environmental accounting into the management accounting system is substantiated based on the principles of sustainable development, which require balancing economic, environmental, and social objectives. Furthermore, a conceptual model of integrated accounting and analytical support is developed. This model combines financial, environmental, and social performance indicators, ensuring a comprehensive approach to enterprise management and supporting the implementation of responsible business practices. The research emphasizes that the integration of these components contributes to better-informed managerial decisions and strengthens the strategic orientation of cost management. It is proven that the digitalization of accounting processes, along with the application of ESG approaches, ensures effective cost management within manufacturing enterprises. Digital tools facilitate timely data processing and analysis, while ESG principles promote accountability and long-term value creation.