BUDGET POLICY

YUSHKO Serhii ¹

¹Simon Kuznets Kharkiv National University of Economics
OrcID ID : https://orcid.org/0000-0001-6323-7687

The issue of assessment of results of the state budget of Ukraine execution by revenues

The qualitative assessment of results of the state budget execution by revenues requires consideration of several factors’ influence on formation of budgetary indicators, which allows considering results as reliable and valid. This paper investigates and reveals the most important of these factors which must be considered by researcher, including: the use of the cash method of accounting for budget revenues, periodic review by legislator of the composition of the state budget revenue sources, delineation of the categories of “revenues” and “receipts”, providing amendment to the budget clas­sification, depreciation of revenues as a result of inflationary economy. The author gives specific examples of distortion of reporting on budget performance, as well as how to adjust the actual budget and targets to enhance their credibility, creating conditions for the smooth comparison dynamics. Based on results of the study it is proposed to implement application forms to the official statements of the State Treasury Service of Ukraine, which will demonstrate changes in the rules of accounting policies, expose information about present budget tax liabilities of taxpayers and taxpayers liabilities of budget, about the volumes of instalment and retired debts and so on.

Keywords: budget, budget revenues, budget receipts, budget execution, budget classification, budget revenues accounting methods, the Accounting Chamber of Ukraine

JEL: H60, H61, H68

YUSHKO S. . The issue of assessment of results of the state budget of Ukraine execution by revenues / S. YUSHKO // Фінанси України. - 2014. - № 12. - C. 42-55.