FINANCIAL RESOURCES IN HOUSING CONSTRUCTION: ACCOUNTING AND REPORTING ASPECT

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Introduction. There is a significant number of definitions of the term “financial resources” in the scientific literature, but, unfortunately, a single approach to it hasn’t been formed yet. Financial resources in housing construction have their own characteristics, as monetary settlement operations carried out through a financial intermediary may involve a phased investment and repayment of debts and require a true reflection of financial transactions in financial and management accounting, reporting. There are many problems in construction related to the freezing of residential buildings due to lack of financial resources; underestimation of the market value of square meters of residential buildings; incomplete reflection of business transactions on the receipt and use of financial resources. All these problems are directly related to organizational and economic instruments, especially in terms of financial and management accounting and reporting, and need to be addressed. On the other hand, the constant change of the legal framework for accounting and reporting, crisis and inflation processes in Ukraine, the emergence of new technologies in construction make new demands on financial resources. The purpose of the article is to form one’s own vision of the concepts of financial resources in general and in housing construction through the study of organizational and economic instruments, as well as their reflection in the system of financial and management accounting, reporting of construction companies. Methods. The article uses general and special methodological research, in particular: induction and deduction – on the formation and improvement of scientific terminology of the concept of “financial resources” and “financial resources in housing”; monographic – to consider the features of housing construction; graphical – to assess the dynamics of the amount of financial resources used for housing construction in Ukraine for 2010–2019; analysis and synthesis – to study the problem of accounting and content in housing; comparison – to identify financial and management accounting, consciousness, as one of the main organizational and economic tools. Results. The own definition of the concepts “financial resources” and “financial resources in housing construction” is formulated. Organizational and economic tools for solving key problems of formation and use of financial resources in housing construction are revealed and their interrelation with the methodology and organization of financial and management accounting, reporting is established. As a result, proposals have been made to improve the process of financial and management accounting, reporting, as well as strengthen the confidence of investors and individual customers to invest financial resources in housing. Perspectives. Further research may relate to the features of the reflection of the relevant amounts of financial resources in housing construction in the accounts, in management, reporting, as well as in the current financial, economic and regulatory work with modeling various practical situations aimed at improving the formation and use of such resources during the construction of individual and apartment buildings.