Subject. Modernization of the management accounting system for investment costs of commercial enterprises under sanctions pressure. Objectives. To develop a methodological approach to updating management accounting systems for investment costs for commercial organizations operating under external economic restrictions. Methods. A mixed-method approach combined three tools: expert assessment using the Delphi method, panel data analysis (47?enterprises, 282?firm-years, 2019–2024), and pilot testing. The formalized methodology comprises four components: a sanctions sensitivity index, a modified discounting mechanism, a scenario-based accounting system, and an algorithm for dynamic revaluation. Results. Statistical data processing was carried out using fixed-effects regression analysis, with robust standard errors according to Huber–White. The significance threshold was set at 0.05, with a Bonferroni correction for multiple comparisons. Over the observation period, the correlation between accounting forecasts and actual results decreased. The pilot test yielded three key findings: NPV forecasting accuracy improved, reporting preparation time was reduced, and the deviation of actual costs from planned costs decreased. The economic effect amounted to 178.4?million rubles, with an investment return on investment (ROI) of 340?%. Conclusions and Relevance. Cross-jurisdictional adaptation remains relevant for enterprises in Iran, Venezuela, and other countries with limited access to capital markets facing comparable sanctions barriers. The developed toolkit enables commercial organizations to integrate quantitative sanctions risk assessment into investment management, leveraging modules compatible with ERP systems. Pilot integration with SAP?S/4HANA achieved automation of 85?% of processes.
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