Information Technologies and Reporting Standards in the Context of European Integration

Modern trends in the digitalization of management and Ukraine's European integration course have determined the need to adapt the national accounting and reporting system to international sustainable development reporting standards. The article aims is to identify key areas of modernization of the accounting and reporting system in Ukraine through the integration of global sustainable development standards (CSRD, GRI, ESRS) and the implementation of digital tools (XBRL, iXBRL, blockchain), as well as to study the impact of information technologies on the quality, accessibility and efficiency of preparing various types of reporting. The study implemented a systemic approach that provided a comprehensive analysis of the digital transformation processes of accounting and reporting in the context of implementing international sustainable development standards. The dialectical method of analyzing information sources allowed for identifying the relationships between information technologies and reporting practices. The regulatory and legal assessment was carried out using empirical, comparative, and evaluative methods. The EU Corporate Sustainability Reporting Directive (CSRD), adopted in December 2022, provides new requirements for transparency and disclosure of non-financial information, particularly on aspects of sustainable development. The article assesses the degree of implementation of sustainable development reporting in the European Union and Ukraine, considering the key characteristics of the regulatory environment, standards, format, and mandatory submission, as well as the organizational support for sustainable development reporting in both jurisdictions. The results of the study showed that in Ukraine, against the background of positive dynamics of digitalization, such challenges as fragmentation of regulatory support, limited adaptation of IT infrastructure to new formats, shortage of specialists with knowledge of XBRL/ESG reporting, weak interaction between regulators, software developers, and reporting entities, hinder the full implementation of European reporting standards. In addition, a significant part of small and medium-sized enterprises requires methodical and technical support to transition to new standards and formats for reporting data transmission. The study suggests several measures that need to be implemented to successfully integrate international sustainable development standards and digital tools into Ukraine's accounting system.