ACCOUNTING AND AUDIT

LOVINSKA Ljudmyla ¹

¹Kyiv National Economic University named after Vadym Hetman
OrcID ID : https://orcid.org/0000-0001-5427-7185

Influence of the European integration processes on the development of accounting and reporting in Ukraine

The strategy of IFRS’s implementation, which identifies the ways of IFRS’s introduction in Ukraine, is currently mostly implemented. The state and the professional community of accountants and auditors have raised the problem of determining the directions of further development of accounting in Ukraine. The paper analyzes the innovations of Directive 2013/34 / EC of the European Parliament and the Council of 26 June 2013 in the context of the idea of integrated reporting. Special attention is given to the reporting of the company, reporting on government payments and problematic issues regarding the implementation of these reports in Ukraine. Based on the research it is concluded that the improvement of accounting in Ukraine should take place in accordance with the trends of development in a globalizing world and the needs of economic management in our country.

Keywords: accounting, reporting, International Financial Reporting Standards (IFRS), Directive 2013/34/EU, European integration process

JEL: M40, M41, M48

Lovinska L. . Influence of the European integration processes on the development of accounting and reporting in Ukraine / L. . Lovinska // Фінанси України. - 2014. - № 9. - C. 21-30.