TRANSFORMATION OF MANAGEMENT ACCOUNTING RESULTS TO NON-FINANCIAL AND FINANCIAL INFORMATION IN GEOLOGICAL EXPLORATION
The article is devoted to the problems of transformation of the management accounting system and the information included in geological exploration, which involves the modernization of the management accounting system in the industry, which can provide internal and external users with financial and non-financial information, the introduction of non-financial reporting forms in practice, the modification of existing methods and applied technologies, convergence financial, economic and technological aspects in the course of standardization of accounting and reporting, as well as the development of a methodological mechanism that allows for effective management accounting in the framework of geological exploration. The author examined the Russian accounting practice which showed that management information support is carried out within the framework of financial accounting, which creates confusion in reporting. Information is often duplicated, causing errors in reporting indicators, on the basis of which incorrect management decisions are made. Currently, Russian accounting and reporting are developing in parallel with the economic realities of the state. Inconsistency with the nature of transformations and the level of development of the economic mechanism may lead to a decrease in the qualitative characteristics of the accounting information generated in the economy. A study of the evolution of the development of domestic accounting and reporting has led to the conclusion that interested users are interested not only in financial performance indicators, but also non-financial indicators that disclose economic, social and environmental aspects of the activity. The latter can be defined as a global challenge of an economic nature, which especially concerns the extractive industries, and, accordingly, geological activity in the search for deposits.