№ 6/2018

Fìnansi Ukr. 2018 (6): 19–44https://doi.org/10.33763/finukr2018.06.019

ACCOUNTING AND AUDIT

LOVINSKA Ljudmyla ¹, OLIYNYK Yana ², BONDAR Tetiana ³

¹Kyiv National Economic University named after Vadym Hetman
OrcID ID : https://orcid.org/0000-0001-5427-7185
²SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/
³Kyiv National Economic University named after Vadym Hetman
OrcID ID : https://orcid.org/0000-0001-8038-7070

Regulatory and legal basis for enterprise management reporting in Ukraine

Article is devoted to organizational bases of drawing up the report on management which introduction is caused by involvement of Ukraine to global tendencies of distribution of the doctrine of sustainable development and need of implementation of provisions of the directive 2013/34 / the EU. In 2017 in Ukraine changes are made to the Law of Ukraine “About financial accounting and financial statements in Ukraine” of 16.07.1999 N 996 and the requirement of drawing up the report on management with refining is established that it is formed medium-sized and large enterprises irrespective of patterns of ownership (except banks and budget institutions). The solution of organizational issues of such reporting it is assigned to the Ministry of Finance of Ukraine at the request of which specialists of DNNU “Academy of Financial Management” developed methodical ensuring drawing up the report on management (Methodical recommendations of an order of drawing up the report on management). Methodical recommendations supplement, but do not replace the recommendation of the international documents concerning sustainable development. A main goal of the offered document is assistance of standardization of the report on management of the reporting under questions of stability in coordination with a monitoring system of Sustainable development goals and its indicators. The main attention was paid to development of quantitative indices and the approved techniques of their calculation which should have universal character, and would be urgent for work of all enterprises irrespective of a type of activity, industry accessory, with a support on the existing recommendations of the international documents. The offered main indicators cover economic, ecological, social and managerial aspects of activity of the enterprises. Their disclosure by the enterprises in the report on management is intended to promote transparency of information on economy, ecology and society and to identification of possible risks and threats that is important for creation of the steady state.

Keywords:adaptation of the legislation of Ukraine to the legislation of the EU, sustainable development, transparency and accountability, non-financial reporting, report on management

JEL: M42, M48

Lovinska L. . Regulatory and legal basis for enterprise management reporting in Ukraine / L. . Lovinska, Y. . OLIYNYK , T. Bondar // Фінанси України. - 2018. - № 6. - C. 19-44.

Article original in Ukrainian (pp. 19 - 44)

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