The Information Perspective of Management Accounting in Ukraine : The Synergistic Approach and Arrow's Impossibility Theorem

Modern features of chaotic structuring economy, which implies openness, uncertainty, dynamism and self-organization and fundamentally new requirements of the Information Society, require the creation and study of new approaches to management accounting in informational aspect. In general, modern management accounting should be able to form and provide information including not only existing but also the possible demand for informational support by users. This paper approve hypothesis that use of synergistic approach for formed information provides a comprehensive account of different levels and forms of relationships between elements of accounting and management systems, which enhances the evolution of their integrity and effectiveness, the possibility of multiple development in an unstable economic environment in statistical and dynamic laws and patterns. In terms of building management accounting, as a provider of accounting information management system, synergy causes increasing efficiency of information this system. The author of this paper propose to use a single integrated approach (based on the Arrow's Impossibility Theorem) when implementing management reporting practices of company. The evidence received from 56 industrial Ukrainian companies and 32 agricultural companies of the grain market of Ukraine proved this hypothesis and the use of single integrated approach. Indisputable advantages of synergetic development of management accounting are the ability to enable the system to respond fast to changes in external and internal environment of economic actors, the possibility of providing accounting information and taking into account existing and possible demand for informational support by users, consistent movement of information flows within each company