Transformation of financial management of enterprises under the influence of reforming the tax system of Ukraine

Abstract

The purpose of the article is to study the features of the transformation of financial management of enterprises under the influence of the reform of the tax system of Ukraine and to identify practical directions for increasing the efficiency of financial resource management in an unstable tax environment. Research methods. The research process used methods of theoretical generalization, analysis and synthesis, statistical, comparative methods, as well as the method of economic modeling. The information basis of the study was the scientific works of domestic and foreign scientists, regulatory legal acts of Ukraine, statistical data of the Ministry of Finance of Ukraine, the State Tax Service of Ukraine, international financial organizations and analytical materials of the OECD and IMF. Research results. It was established that the reform of the tax system of Ukraine significantly affects the key areas of financial management of enterprises, in particular, on the management of profit, cash flows, investment activities, budgeting and financial risks. The dynamics of tax revenues to the state budget of Ukraine in 2021–2024 were analyzed and the main trends in changes in the tax burden under martial law were identified. It is substantiated that the modern transformation of financial management is accompanied by a strengthening of the role of strategic tax planning, digitalization of financial control, use of analytical platforms, formation of tax reserves and introduction of mechanisms for diversification of financial risks. It is proved that the integration of tax planning into the financial management system contributes to increasing the financial stability of enterprises and their adaptability to external changes. Conclusions. The results of the study confirmed that in the conditions of reforming the tax system of Ukraine, enterprises need to form flexible financial management models focused on adaptability, digitalization and minimization of tax risks. The implementation of the proposed measures will contribute to increasing the competitiveness of enterprises, strengthening their financial stability and ensuring long-term development in conditions of economic instability.