FINANCIAL AND ECONOMIC INTEGRATION OF UKRAINE INTO THE EU

IEFYMENKO Tetiana ¹

¹SESE “Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0002-9163-3959

Reporting and implementation of integrated accounting reform in terms of european integration

The introduction of universal standards of accounting, financial and non-financial reporting is an essential component of the process of the investment attractiveness increase in Ukraine in the context of sustainable development. The article presents recommendations on implementation of an integrated reporting in our country. An analysis of compliance of the Strategy Application of International Financial Reporting Standards in Ukraine with the terms of European integration has been conducted. The author has defined certain conceptual approaches to establish a new development stra- tegy of accounting, including its areas of development, not provided by mentioned Strategy, and its particular principles, which require a wider interpretation considering European integration processes in the country. Based on comparative analysis of the accounting and reporting legal base, as well as its practical application in Ukraine and norms of Directive 2013/34/EU of 26.06.2013, the most problematic aspects of implementation of the EU legislation in the field of accounting were formulated

Keywords: accounting, reform, European integration, Strategy Application of International Financial Reporting Standards in Ukraine, Directive 2013/34/EC.

JEL: M40, M41, M48

Iefymenko T. . Reporting and implementation of integrated accounting reform in terms of european integration / T. . Iefymenko // Фінанси України. - 2014. - № 10. - C. 7-23.