Makarenko I. Convergent and Stakeholder Model of Accounting, Reporting and Audit under Sustainability

The thesis is devoted to developing theoretical, methodological and methodical principles of the convergent and stakeholder model of accounting, reporting and audit under sustainable development conditions and working out practical recommendations aimed at its improvement. Innovations in accounting ("big data", ESG-criteria accounting, Global general accepted accounting principles), reporting (real-time reporting, integrated reporting, XBRL), audit (continuous audit and CAAT) are structured by key variables of its introduction (relative advantages, compatibility, complexity of innovations, simplicity of their testing and the possibility of observing the effect of their implementation). Matrix approach for transformation of accounting methods element under the impact of these innovation is grounded. This approach allows to outline the prospects for the development of modern accounting, reporting and audit models. Dissemination of these innovations leads to the limitation of traditional accounting concepts and the need to implement new concept of sustainability accounting, reporting and audit. It focuses primarily on the formation and disclosure of non-financial (social, environmental, government) indicators that correlate with sustainable development dimensions and ESG criteria. The core of this concept is proposed to consider the actuarial approach (the system combination of environmental, social, financial and managerial types of accounting is structured according to types of capital and value).