ACCOUNTING AND AUDIT
LOVINSKA Ljudmyla 1, CHURKINA Oleksandra , GAPONENKO Ljudmyla , SUSHKO Nataliia 2
1Kyiv National Economic University named after Vadym Hetman
OrcID ID : https://orcid.org/0000-0001-5427-7185
2expert in PFM and Accounting Project "EU for Stronger Public Finance Systems of Local Governments"
OrcID ID : https://orcid.org/0000-0003-2603-2871
Methodological approaches to social services costing in the context of implementing social standards and NPSAS 135, Costs in Ukraine
Public sector entities began to implement National Public Sector Accounting Standards (NPSASs) on January 1, 2015. NPSASs change the methodology of the current accounting system, which creates a need for making serious preparation for the development of new accounting policies and mastering a new methodological framework and methodological approaches to the implementation of these standards. The most difficult part of the plan in terms of implementation is NPSAS 135, Costs. Changes in requirements for actions and reporting by governmental agencies in Ukraine make the introduction of this standard even more important. Currently, there is a shift from cost management to performance management and medium-term results-oriented budgeting. In addition, our country has launched the reform of local government, aiming at the decentralization of power, which leads to increased transparency, public activity, and higher government accountability to the public. In view of this and the need to adapt the cost category, costing and their derivatives within the accounting system of budget-dependent institutions, there is a need to formulate and solve new methodological issues. The implementation of Section IV, Cost of Products and Services of NPSAS 135, Costs is the most problematic, because, under the current methodology, costs of budget-dependent institutions are accounted for by element in accordance with the budget. On the example of budget-dependent institutions dealing with social protection, the authors make recommendations for the application of the above standard. On their basis, in the course of implementing the Development of Mechanism for Funding Social Services for Vulnerable Groups (Children) Project supported by the Representative Office of the United Nations Children’s Fund (UNICEF) in Ukraine, experts from the Academy of Financial Management developed the Guidance on Cost Planning, Accounting and Social Services Costing (Psychological and Social Support Services for Children in Difficult Life Circumstances).
Keywords:accounting, budget-dependent institution, costs, guidance, services cost, social services.
JEL: H44, H53, M41.
Lovinska L. . Methodological approaches to social services costing in the context of implementing social standards and NPSAS 135, Costs in Ukraine / L. . Lovinska, O. Churkina, L. Gaponenko, N. . SUSHKO // Фінанси України. - 2016. - № 3. - C. 101-115.
| Article original in Ukrainian (pp. 101 - 115) | Download | Downloads :1099 |
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