IMPROVEMENT OF THE SYSTEM FOR COMPILATION AND SUBMISSION OF FINANCIAL REPORTS IN ELECTRONIC FORM

This article analyzes the issues of improving the system for compiling and submitting financial reports in electronic form. It is argued that in the digital economy, ensuring the speed, accuracy and transparency of financial information is of great importance. The advantages of electronic reporting systems, including saving time and costs, reducing the human factor, and real-time monitoring capabilities, are highlighted. The problems in the development of this system, in particular, shortcomings related to technical infrastructure, cybersecurity, and personnel qualifications, are also analyzed. The article also proposes directions for further improving electronic financial reporting systems based on international experience.