BANK AND TAX TRANSPARENCY IN ENSURING THE ACCOUNTING, ANALYSIS, AND AUDIT OF THE ENTERPRISE’S INVESTMENT ACTIVITIES

Abstract

This article explores the structural role of the accounting and audit system, where information is transformed according to specific user requirements. It highlights that banking and tax transparency are instrumental in ensuring the credibility and reliability of the accounting and auditing of investment activities. Enhanced transparency mitigates risks associated with financial misreporting and tax evasion, thereby fostering investor confidence and promoting efficient market functioning. Furthermore, the study notes that international regulatory frameworks and technological innovations have increasingly emphasized financial transparency regarding cross-border flows and tax compliance.
The system for ensuring tax and banking transparency in the analysis and audit of investment projects aims to generate high-quality, operational accounting and analytical information. This information serves as the fundamental basis for management decisions within specific investment subjects. In researching the formation of accounting data for the audit and analysis of investment projects, it was found that the management of an enterprise’s investment process is executed through three interconnected subsystems: accounting, audit, and analysis. These are linked via information flows that ensure the validity and efficiency of management investment decisions.
The study concludes that the specifics of investment management must be reflected across all components of the accounting and analytical support system. Specifically, the accounting and audit subsystems must utilize high-quality data to truthfully reflect the state of investment processes, while the analysis subsystem requires an effective mechanism for assessing the trends and dynamics of investment potential development.