Disclosure of Accounting and Analytical Information in Enterprise Reporting Under Martial Law

Abstract

The article examines the disclosure of accounting and analytical information in the notes to the financial statements and the management report of enterprises under martial law. It is determined that the war significantly transforms the accounting system, affecting the reliability, completeness, and transparency of information used for managerial decision-making. The purpose of the study is to provide theoretical justification and recommendations regarding the disclosure of information on the impact of war in the notes to the financial statements and the management report, taking into account the classification of enterprises by the level and nature of the impact of hostilities, in order to enhance transparency, reliability, and user confidence in accounting and analytical information. The methodological basis of the research includes the analysis of scientific works of economists, regulatory and legal acts, and recommendations of professional organizations, as well as the application of logical generalization, classification, comparison, and a systemic approach. As a result of the study, the expediency of dividing enterprises into groups depending on the degree of impact of hostilities on their activities is substantiated (enterprises located in combat zones, relocated enterprises, those operating in relatively safe regions, those reoriented to military and humanitarian needs, as well as those that partially or completely ceased operations). For each group, approaches are proposed for reflecting specific aspects of the war’s impact in the notes to the financial statements and the management report. The practical significance of the results lies in the development of recommendations for accountants, auditors, and enterprise management on adapting accounting policies, transparently reflecting losses and risks, and ensuring user trust in reporting. The scope of application of the results covers enterprises from various sectors of economic activity affected by the war, as well as government authorities and professional organizations that develop methodological and regulatory approaches in the field of accounting. It is concluded that qualitative disclosure of information about the impact of war in financial statements and management reports increases not only the transparency and reliability of data but also contributes to informed managerial decision-making and strengthens investor and public trust in business under martial law.