IDEAS home Printed from https://ideas.repec.org/a/prg/jnlefa/v2013y2013i1id93.html
   My bibliography  Save this article

Accounting Regulation in Ukraine

Author

Listed:
  • Michal Hora
  • Ludmila Chyzevska

Abstract

The aim of the paper is to evaluate the regulation and organization of accounting in Ukraine under the changes in the national economic system development and impact of IFRS implementation. The system of legal regulation of accounting in Ukraine is presented by five levels, each comprised of a number of corresponding subjects of regulation and documents. Typical Chart of Accounts is evidence of the continental accounting model in Ukraine. The accounting standards provide freedom of choice as for the specific accounting methods, and as a result the significance of accountants' training and their role in professional judgment is intensified. Harmonization of national accounting standards with IFRS requires intensification of accounting organizations' activity. At the present several professional accounting organizations operate in Ukraine, however, they are not given the rights on accounting regulation, but rather have an advisory function. Taking into consideration the historical background, the efficiency of public regulation of the professional accountants' activity in Ukraine is rather limited. Special influence is being done on the accounting purpose and methodology as a tool of applying the values that are considered by users according to their functions at the different levels of management.

Suggested Citation

  • Michal Hora & Ludmila Chyzevska, 2013. "Accounting Regulation in Ukraine," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2013(1), pages 7-17.
  • Handle: RePEc:prg:jnlefa:v:2013:y:2013:i:1:id:93
    DOI: 10.18267/j.efaj.93
    as

    Download full text from publisher

    File URL: http://efaj.vse.cz/doi/10.18267/j.efaj.93.html
    Download Restriction: free of charge

    File URL: http://efaj.vse.cz/doi/10.18267/j.efaj.93.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.efaj.93?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Marcela Žárová & Ladislav Mejzlík, 2009. "Have IFRS Positive Impact on the Regulatory Accounting Systems in Continental European Countries?," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2009(1), pages 5-24.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marcela Žárová, 2011. "Impact of IFRS on Deferred Taxes Methodology in the Czech Republic and comparison with IFRS for SMEs," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2011(1), pages 19-38.
    2. Jana Skálová, 2011. "Small Change in Czech Accounting Regulations or Big Change in Accounting Thought [Malá změna účetních předpisů nebo velká změna v účetním myšlení?]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2011(4), pages 32-42.

    More about this item

    Keywords

    Audit; Chamber of Auditors; Ukraine;
    All these keywords.

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlefa:v:2013:y:2013:i:1:id:93. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.