The study of the current state and problems of agricultural production as a specific type of economic activity allowed to establish and justify: reduction of arable land productivity, obsolescence of the existing normative monetary valuation of land, inconsistency in determining the efficiency of agricultural land use based on its size, error taking into account the absolute rental income when determining the total rental income, the existing problems of insufficient study and mastery of energy and greening of the soil system, as well as the need to diversify activities on agricultural land. The analysis of these positions provided motivation for the modernization of a set of elements of the general mechanism of agricultural process management, the central information and analytical component of which is accounting. It is proved that the idea of sustainable development of agricultural land use in Ukraine did not take place due to the lack of institutional preconditions, which are in some way structured formal and informal rules and mechanisms to ensure their observance. It is established that the full potential of economic, demographic, social, political, legal, educational, cultural institutions, institutions of the environment, innovation potential, land market and market infrastructure, management and regulation of land use, human attitude to nature, habits, ethical traditions, professionalism, systems of standards that take the most direct part in the formation of land relations, land use processes. Based on the development of the regulatory framework of the domestic field, the main institutions of land relations are identified and the institutions implemented through the State Land Agency, land management institutions, land ownership, state land cadastre, and courts are generalized. In the context of the division of institutions into formal and informal, a model of institutional interactions on the land use process is formed, which identifies the institutional field of formal and informal institutions in terms of external, internal attributes to the former and the ideal essence to the latter. To build a sustainable viable model of institutionalization of land relations in the context of the task of identifying endogenous and exogenous factors of interaction, the institutional principles of land relations development through the construction of a model of institutional interactions on land use, including formal and informal institutions and their institutional fields, represented by external and internal elements (functional organizations, activities, regulations, processes, phenomena, facts, tools, etc.) and ideal entities, respectively. Based on the elaboration of the provisions presented in the dissertation, the following set of functions and tasks of accounting of agricultural lands is considered expedient. The expansion of the thesaurus of accounting of agricultural land due to the following innovations is motivated: natural capital - assets of natural origin that the company uses on the rights of ownership and use, which are used by man in production and perform the function of human capital formation; asset of natural origin - an asset that is the result of natural processes (climatic conditions, temperature regimes, etc.) and adapted by man to use in economic activities; restoration of land resources - ensuring the level of natural fertility and its increase; compensation for losses of soil fertility of land resources - restoration of the characteristics of land cover, which is recorded in the agrochemical passport at the time of the lease agreement, the object of which are land resources; Soil Loss Compensation Fund is a trust fund that is formed in case of negative deviation of agrochemical analysis data at the time of concluding the agreement and the moment of transfer of the leased object to the owner, regardless of the ownership of the business entity.
