IDEAS home Printed from https://ideas.repec.org/a/iaf/journl/y2014i2p8-13.html
   My bibliography  Save this article

Specifics of Accounting under National and International Standards: Comparative Aspect

Author

Listed:
  • Kostyantyn Bezverkhiy

    ('New-Paris' Ltd.)

Abstract

Today Ukraine is actively moving towards adoption of International Financial Reporting Standards (IFRS). For successful implementation of IFRS into national accounting policy it is, above all, required to determine differences between international and national standards. The article covers the analysis of accounting specifics according to national and international standards. The author has carried out comparative analysis of most international standards and their Ukrainian analogs. Main specifics have been particularly highlighted as to the accounting kept in compliance with international and national standards referring to such its objects as biological assets, inventories, liabilities, investment property, intangible assets, lease, fixed assets, financial investment. As shown from the results of the research done, despite the statement of the Ministry of Finance of Ukraine that national standards were developed on the basis of the international ones, considerable differences still remain.

Suggested Citation

  • Kostyantyn Bezverkhiy, 2014. "Specifics of Accounting under National and International Standards: Comparative Aspect," Oblik i finansi, Institute of Accounting and Finance, issue 2, pages 8-13, June.
    • Handle: RePEc:iaf:journl:y:2014:i:2:p:8-13
    as

    Download full text from publisher

    File URL: http://www.afj.org.ua/pdf/163-osoblivosti-buhgalterskogo-obliku-za-nacionalnimi-ta-mizhnarodnimi-standartami-porivnyalniy-aspekt.pdf
    Download Restriction: no
    File URL: http://www.afj.org.ua/en/article/163/
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    International Financial Reporting Standards; National Accounting Standards; biological assets; inventories; liabilities; investment real property; intangible assets long-term assets; lease; fixed assets;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    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:iaf:journl:y:2014:i:2:p:8-13. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Serhiy Ostapchuk (email available below). General contact details of provider: https://edirc.repec.org/data/iafkvua.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.