Capital Investment Risks: Assessment Methods and Minimization Directions

Relevance. In today’s world of digital economy, capital investments are the element of paramount importance for successful functioning of enterprises. Regular capital investments inspire the interest of investors and partners in the activities of the companies, and this in turn can contribute to the growing financial independence of the company and increase the company’s competitive advantage in the market. Due to the fact, that capital investments are closely related to long-term investments in the company’s activities and its stable development, their accurate and reliable accounting is an important component in ensuring its economic security. By making capital investments in the modernisation of its own assets, in modern innovations, the entity increases its defiance to various external threats. Besides, the use of digital tools in their accounting allows reducing risks and strengthening the efficiency of their management. The objective of the given research is to analyse the existing methodology of capital investment accounting, identify typical risks arising at various stages of the investment cycle and recommend effective IT-tools for identification, assessment and minimisation of these risks. The methodological framework covers accounting theory as well as risk assessment and mitigation strategies in the digitalization era. The results of the study highlight the peculiarities of capital investment accounting and represent a holistic system of risk assessment arising in the context of investment activity and introduction of information technologies. This creates an opportunity for the implementation of an integrated approach to managing the economic security of the organisation in the process of capital investment accounting and contributes to the creation of conditions for its sustainable development.