The stability of economic entities is the ground for sustainable development of the region. It is customary to group indicators of sustainable development of economic entities in economic, social and environmental terms. The analysis of the economic activity of a typical business unit in an extractive region was carried out based on financial and public non-financial data using the methodology of financial analysis. The authors identified the main development trends and risks of the economic entity.

The article analyzes the trends of the strategy of sustainable development of coal industry in Kuzbass and the prospects for its development. The main problems connected with the coal enterprises operations are identified, possible ways of their solutions are presented within the framework of the adopted "Strategy for social-and-economic development of the region for the period up to 2035". Having analyzed the program under study, the proposals for its correction or addition in terms of improving the ecology of the region, social-and-economic development, preserving the natural landscape and biogeocenosis were made. The options for transporting coal and increasing the level of coal production technologies in underground mining were proposed. The article provides statistical data on coal mining for the period 2009-2020, and international experience of coal-mining countries. The authors consider the problems of export and transportation of coal, the impact of world prices on coal production. In addition, the authors of the article focus on the legal and legislative consolidation of the main conditions for control and regulation of the subsoil use in Kuzbass, make proposals for its effectiveness, in order to reduce social tension, environmental pollution, reduce the risk of earthquakes, and preserve coal resources for future generations.

Abstract. The article is devoted to the consideration of the essential problems of accounting institution formation under the sustainable development of the country and the region. The research is based on the key research the field of the intuition economics and considers the trends of institutional changes including incremental, evolutionary and revolutionary. Approaches to the analysis of institutions are presented as well. The first approach states that economic efficiency is guaranteed by newly emerging institutions. The second approach involves certain internal and external incentives for changing institutions. Whereas the third approach insists on considering institutional changes to be the relation of individual economic entities to institutional innovations in terms of the net benefit from their implementation. The conclusion draws the leading role of the state in the process of the emergence and further development of newly created institutions focusing on the fact that not every change leads to greater efficiency. Thus it is crucial to consider the previous background of institutions' development at implementing changes in accounting and control.

The article defines the role of internal audit in the financial and economic activities of economic entity. The advantages of internal auditing are analyzed. The authors also described the interaction between internal audit and external independent control. Special attention is paid to the problems of the Russian internal audit, namely the formal rules (norms). As a result, the authors propose the ways to eliminate gaps in the legal regulation of the Russian internal audit.