Integrated approach to accounting in agriculture in the context of sustainable development and circular economy
The study was conducted to analyse the possibilities of integrating the principles of sustainable development and circular economy into the accounting system of agricultural enterprises. The study employed various methods to analyse the implementation of the circular economy in agricultural enterpri...
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| Format: | Article |
| Language: | English |
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Zhytomyr National Agroecological University
2024-12-01
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| Series: | Наукові горизонти |
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| Online Access: | https://sciencehorizon.com.ua/en/journals/tom-27-12-2024/integrovany-pidkhid-do-bukhgalterskogo-obliku-u-silskomu-gospodarstvi-v-umovakh-stalogo-rozvitku-ta-tsirkulyarnoyi-ekonomiki |
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| author | Maryna Dubinina Natalia Potryvaieva Olena Dovgal Olena Usykova Vitalii Kuzoma |
| author_facet | Maryna Dubinina Natalia Potryvaieva Olena Dovgal Olena Usykova Vitalii Kuzoma |
| author_sort | Maryna Dubinina |
| collection | DOAJ |
| description | The study was conducted to analyse the possibilities of integrating the principles of sustainable development and circular economy into the accounting system of agricultural enterprises. The study employed various methods to analyse the implementation of the circular economy in agricultural enterprises. The study found that the integration of the principles of sustainable development and circular economy into the accounting of agricultural enterprises allows increasing the efficiency of resource management. It was also found that the introduction of environmental and social indicators into the accounting system contributes to better control over the use of natural resources, reduction of production costs, and minimisation of waste. The analysis revealed that the application of the circular model in agriculture contributes to the economic sustainability of enterprises through the reuse of materials and reduced dependence on external resources. It was also confirmed that such innovations positively affect the ecological state of land and other natural resources used in agricultural production. The study found that the use of circular approaches in accounting can increase the transparency and accuracy of financial reports, considering the environmental impact. The analysis of enterprises from different countries, such as Nibulon, The Green Shop, and the Farmers for Climate Action cooperative, revealed concrete benefits of implementing circular approaches in reducing costs, improving resource management, increasing environmental efficiency, and increasing profitability, which confirmed their significance in modern agribusiness. It was established that the assessment of environmental and social factors enables a more objective determination of the economic efficiency of agricultural enterprises. Furthermore, it was proved that the implementation of sustainable approaches reduces the risks associated with environmental regulations and increases the confidence of investors and partners. It was concluded that the integration of these approaches contributes to the long-term sustainability of agricultural enterprises. The study made a valuable contribution to science by revealing innovative approaches to the integration of environmental and social indicators into the accounting of agricultural enterprises, which contributed to their sustainable development and responsibility towards the environment |
| format | Article |
| id | doaj-art-03f810e20a724693a3e11c8db7202c8d |
| institution | Kabale University |
| issn | 2663-2144 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Zhytomyr National Agroecological University |
| record_format | Article |
| series | Наукові горизонти |
| spelling | doaj-art-03f810e20a724693a3e11c8db7202c8d2025-01-30T15:46:16ZengZhytomyr National Agroecological UniversityНаукові горизонти2663-21442024-12-01271215316710.48077/scihor12.2024.153Integrated approach to accounting in agriculture in the context of sustainable development and circular economyMaryna Dubinina0https://orcid.org/0000-0002-3993-0622Natalia Potryvaieva1https://orcid.org/0000-0002-9781-6529Olena Dovgal2https://orcid.org/0000-0003-3353-4749Olena Usykova3https://orcid.org/0000-0001-6734-5757Vitalii Kuzoma4https://orcid.org/0000-0002-6763-2120Mykolaiv National Agrarian UniversityMykolaiv National Agrarian UniversityMykolaiv National Agrarian UniversityMykolaiv National Agrarian UniversityMykolaiv National Agrarian UniversityThe study was conducted to analyse the possibilities of integrating the principles of sustainable development and circular economy into the accounting system of agricultural enterprises. The study employed various methods to analyse the implementation of the circular economy in agricultural enterprises. The study found that the integration of the principles of sustainable development and circular economy into the accounting of agricultural enterprises allows increasing the efficiency of resource management. It was also found that the introduction of environmental and social indicators into the accounting system contributes to better control over the use of natural resources, reduction of production costs, and minimisation of waste. The analysis revealed that the application of the circular model in agriculture contributes to the economic sustainability of enterprises through the reuse of materials and reduced dependence on external resources. It was also confirmed that such innovations positively affect the ecological state of land and other natural resources used in agricultural production. The study found that the use of circular approaches in accounting can increase the transparency and accuracy of financial reports, considering the environmental impact. The analysis of enterprises from different countries, such as Nibulon, The Green Shop, and the Farmers for Climate Action cooperative, revealed concrete benefits of implementing circular approaches in reducing costs, improving resource management, increasing environmental efficiency, and increasing profitability, which confirmed their significance in modern agribusiness. It was established that the assessment of environmental and social factors enables a more objective determination of the economic efficiency of agricultural enterprises. Furthermore, it was proved that the implementation of sustainable approaches reduces the risks associated with environmental regulations and increases the confidence of investors and partners. It was concluded that the integration of these approaches contributes to the long-term sustainability of agricultural enterprises. The study made a valuable contribution to science by revealing innovative approaches to the integration of environmental and social indicators into the accounting of agricultural enterprises, which contributed to their sustainable development and responsibility towards the environmenthttps://sciencehorizon.com.ua/en/journals/tom-27-12-2024/integrovany-pidkhid-do-bukhgalterskogo-obliku-u-silskomu-gospodarstvi-v-umovakh-stalogo-rozvitku-ta-tsirkulyarnoyi-ekonomikiresource managementenvironmental indicatorssocial indicatorseconomic sustainabilitytransparency of financial statementscost reduction |
| spellingShingle | Maryna Dubinina Natalia Potryvaieva Olena Dovgal Olena Usykova Vitalii Kuzoma Integrated approach to accounting in agriculture in the context of sustainable development and circular economy Наукові горизонти resource management environmental indicators social indicators economic sustainability transparency of financial statements cost reduction |
| title | Integrated approach to accounting in agriculture in the context of sustainable development and circular economy |
| title_full | Integrated approach to accounting in agriculture in the context of sustainable development and circular economy |
| title_fullStr | Integrated approach to accounting in agriculture in the context of sustainable development and circular economy |
| title_full_unstemmed | Integrated approach to accounting in agriculture in the context of sustainable development and circular economy |
| title_short | Integrated approach to accounting in agriculture in the context of sustainable development and circular economy |
| title_sort | integrated approach to accounting in agriculture in the context of sustainable development and circular economy |
| topic | resource management environmental indicators social indicators economic sustainability transparency of financial statements cost reduction |
| url | https://sciencehorizon.com.ua/en/journals/tom-27-12-2024/integrovany-pidkhid-do-bukhgalterskogo-obliku-u-silskomu-gospodarstvi-v-umovakh-stalogo-rozvitku-ta-tsirkulyarnoyi-ekonomiki |
| work_keys_str_mv | AT marynadubinina integratedapproachtoaccountinginagricultureinthecontextofsustainabledevelopmentandcirculareconomy AT nataliapotryvaieva integratedapproachtoaccountinginagricultureinthecontextofsustainabledevelopmentandcirculareconomy AT olenadovgal integratedapproachtoaccountinginagricultureinthecontextofsustainabledevelopmentandcirculareconomy AT olenausykova integratedapproachtoaccountinginagricultureinthecontextofsustainabledevelopmentandcirculareconomy AT vitaliikuzoma integratedapproachtoaccountinginagricultureinthecontextofsustainabledevelopmentandcirculareconomy |