INTERNAL CONTROL OF THE EFFICIENCY OF THE USE OF FIXED ASSETS AS A TOOL FOR STRATEGIC ENTERPRISE MANAGEMENT

Abstract

Objective. The study of the role of the accounting system and internal control of fixed assets in ensuring strategic management and improving the efficiency of their use, as well as identifying the relationship between methods of control, accounting and management decisions. Materials and Methods. The research is based on system, process and analytical approaches. The methodology includes the study of the regulatory framework for accounting and tax accounting, consideration of scientific approaches, comparative analysis of internal control practices, comparison of methods for improving the efficiency of the use of fixed assets and the formation of management information. The research covers both the theoretical aspects of asset management and the practical mechanisms of their application in modern business entities. Results. It is established that the formation of an effective system of internal control of fixed assets requires the integration of planning, collection of control evidence and synthesis of results in order to ensure reliable management information. The process of forming the initial cost of facilities, systematization of data on capital investments and operating costs, as well as the use of analytical tools make it possible to increase accounting transparency, reduce financial and operational risks, and ensure long-term strategic asset management. The comprehensive application of methods for modernizing equipment, optimizing the use of resources, regularly updating fixed assets and improving staff skills create conditions for increasing productivity and sustainable development of business entities. Conclusion. The results of the study confirm that the internal control and accounting system of fixed assets is a key element of strategic asset management. Effective integration of control procedures and management decisions ensures the detail of processes, improves the quality of management information and creates conditions for the formation of strategic development directions, which is of practical importance for planning, optimizing and improving the efficiency of the use of the property complex. In addition, the introduction of an integrated approach to accounting and control of fixed assets helps to increase the adaptability of enterprises to changes in the external and internal environment, supporting its sustainable development in the long term.