Methodical Bases of Accounting for Woody Forest Resources in the Decision Support System

Rational use, conservation, and economically sound management of forest resources of wood origin require high-quality information support for decision-making at the forestry enterprise level. At the same time, improving accounting for forest resources is particularly important amid increasing environmental challenges, the transition to sustainable development, and the need to enhance transparency in the assessment and control of the use of biological assets. The article aims to develop theoretical and methodical provisions and practical recommendations for improving the accounting of woody forest resources, thereby providing relevant accounting and analytical support for management decisions in the context of digital transformation and orientation toward the principles of sustainable development. The research methodology comprises a set of general scientific and specialized methods of scientific knowledge, including the abstract-logical method, analysis and synthesis, a systems approach, and a method of comparison and grouping. The results of the study indicate the feasibility of applying a life cycle approach to the organization of accounting, taking into account the specifics of forestry activities, the long biological transformation cycle of assets, and the deferred economic effect. The article proposes an approach to improving synthetic and analytical accounting by detailing the Chart of Accounts and establishing specialized sub-accounts for the life cycle stages of forest resources. In addition, the author developed a decision matrix for capitalizing costs by forest process. The proposed methodical approaches ensure greater transparency in the cost of forest products, increased control over the movement of biological assets, and the standardization of accounting practices in forestry. Forestry enterprises can use the study's results to improve accounting and analytical management support, enhance the quality of financial and management information, and integrate accounting with digital systems to support management decisions.