Vyacheslav Ya. SOKOLOVCorresponding author, Saint-Petersburg State Economic University (SPbSEU), St. Petersburg, Russian Federation sokolov@unecon.ru ORCID id: not available
Subject. This article analyzes scientific approaches to differentiating and integrating financial and managerial accounting based on the review of theoretical concepts and practical interpretations presented in the works of domestic and foreign authors, as well as in international and national regulatory documents. Objectives. The article aims to summarize and systematize the evolution of views on the relationship between financial and managerial accounting, identify key areas of scientific discussion, and determine the conditions that facilitate the transition to a unified accounting information system. Methods. For the study, we used logical, comparative, historical and descriptive analyses, as well as a content analysis. Results. The article finds that in historical perspective, financial and managerial accounting developed as parts of a single system, but as business became more complex and reporting requirements got raised, they got separated functionally. In the current context of digitalization and business transparency, the trend toward integration is strengthening: unified databases and automated information processing form the foundation for the consolidation of accounting subsystems. Scientific analysis confirms that integration improves data comparability, reduces costs, and enhances the analytical value of reporting. Conclusions and Relevance. The evolution of concepts in financial and managerial accounting forms the foundation of a new concept, namely a unified accounting system that ensures comparability, transparency, and analytical integrity of information. The results obtained provide a foundation for further research aimed at developing methodological solutions for the practical implementation of a unified accounting system, refining the mechanism for using primary data when preparing various types of reports, i.e. financial, tax, and managerial ones, determining its structure and functions, as well as analyzing the impact of digital technologies on the development of accounting as a whole.
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