This article describes the insights of the future evolution of financial accounting in the context of the digital economy, and the strategy for introducing corporate social responsibility into financial accounting and reports. The requirement for introducing corporate social responsibility is explained primarily by the companies’ growing awareness of their obligations to society. Companies in the modern world tend to do business with due account of the current social tasks and issues. Those businesses that do consider the implications of their operations make corporate social responsibility their strategic priority. The pioneers in corporate social responsibility, who were the first to speak openly on the topic, were Mr. G. Swope, President of General Electric, and Mr. W. Gifford, President of American Telephone and Telegraph Company. The idea of the social responsibility of business has spread all over the world and was adopted by many companies, resulting in the emergence of the concept of corporate social responsibility. Today, business is a valid corporate citizen exercising its influence on the social, economic and political environment. As such, it may not allow itself to neglect the social background of its activities since it may result in the deterioration of its public image and the way it is perceived by its consumers and investors

One of the current conditions of the modern world is an overabundance of information. Therefore, the requirements for it are tightened, and only useful and reliable information is of value. The interaction of counterparties in different markets acquires special meaning. Sustainable and efficient development of business and the economy as a whole requires constant interaction between market participants through the exchange of various resources, the starting point for which is information. The potential investors, lenders, buyers, suppliers, partners, and others can only be attracted by the objective information about your production, business, and financial activities. Therefore, nowadays the most important task in terms of the development of accounting information is the preparation of market-oriented reporting by best-selling companies. First of all, it is necessary to ensure the correct presentation of the basic components of the financial statements: assets, capital, cash flows and financial results. These data form the determination base for the reliable strategic value of the business, the expected cash flows, benefits, and the position held by the company in the market. The reporting should include such indicators as efficiency, dynamics of business development, business activity, and indicators characterizing the use of inventories. Thus, the modern market-oriented reporting of economic entities should be a targeted accounting information system on the real value of the various elements of fixed and working capital (assets) and economic expectations of the business (future income and profits).