Advanced Search
MyIDEAS: Login

Certain Issues of Making National Financial Statements for Businesses under Legislative Changes


Author Info

  • Konstyantyn Bezverkhiy

    ('New-Paris' Ltd.)

  • Tetyana Bochulya

    (Kharkiv State University of Food Technology and Trade)

Registered author(s):


    The article covers particular aspects of organization and methodology for making financial statements in compliance with the latest changes in legislation caused by adoption of the first national accounting standard. The problems of completing financial statements have been highlighted which is especially significant where there exist contradictions in normative documents regulating requirements to such reporting. The Methodical Recommendations have been analyzed, as to completing the forms of financial statements of national companies, that, according to the legislative bodies, have their aim to clarify particular aspects of making financial statements for businesses in compliance with recent changes in regulatory base. Based on the analysis done, a certain asymmetry of the Methodical Recommendation data have been found when applying them in business practice, which generates further contradictions. Therefore, the authors suggest it may be certified that the changes made to regulatory documents by the Ministry of Finance of Ukraine concerning the issues of accounting regulation in Ukraine, have a sufficient impact on the theory and practice of national businesses accounting.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    Bibliographic Info

    Article provided by Institute of Accounting and Finance in its journal Accounting and Finance.

    Volume (Year): (2013)
    Issue (Month): 3 (September)
    Pages: 25-28

    as in new window
    Handle: RePEc:iaf:journl:y:2013:i:3:p:25-28

    Contact details of provider:
    Postal: 10, Heroiv Oborony St., Kyiv, 03680
    Phone: +380442190044
    Fax: +380442590124
    Web page:
    More information through EDIRC

    Related research

    Keywords: financial statements; methodical recommendations; accounting methodology; accounting standards; International Financial Reporting Standards;

    Find related papers by JEL classification:


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:iaf:journl:y:2013:i:3:p:25-28. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Serhiy Ostapchuk).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.