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International Accounting
 

Modern trends of budget accounting in Ukraine

Vol. 17, Iss. 21, JUNE 2014

Available online: 12 June 2014

Subject Heading: Foreign experience

JEL Classification: 

Pages: 53-66

Svirko S.V. Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine
svs3@ukr.net

The article discusses the interim results of budgeting accounting modernization in Ukraine; it provides brief characteristic of the national provisions (standards) of accounting in the public sector and project accounting plan in the public sector; it highlights the updated positions of accounting employees activity management in the budgetary institutions. The author makes a conclusion about the significance of the conducted events and makes suggestions on further budgetary accounting reform.

Keywords: budgetary accounting, government management accounting, national regulations, standards, accounting in public sector, account chart, modernization

References:

  1. MSBUOS [International Financial Reporting Standards]. Available at: Link. (In Russ.)
  2. Government finance statistics manual for 2001. Available at: Link (In Russ.)
  3. The Budget Code of Ukraine of July 08, 2010 ¹ 2456-VI. Available at: Link. (In Ukr.)
  4. The Commercial Code of Ukraine of January 16, 2003 ¹ 436-IV Available at: Link. (In Ukr.)
  5. ªf³menkoT.I, Lov³ns'ka L.G., Sv³rko S.V., Levits'ka S.O. Standartizats³ia biudzhetnogo obl³ku iak ³nstrument modern³zats³¿ derzhavnikh f³nans³v Ukra¿ni [Standardization of budget accounting as a tool for modernizing the Ukrainian public finances]. Kyiv, DNNU “Akad. f³n. upravl³nnia» Publ., 2010, 226 p.
  6. Levits'ka S.O., Koshka K.A. Rezul'tativn³st' pershikh etap³v rozvitku real³zats³¿ strateg³¿ modern³zats³¿ bukhgalters'kogo obl³ku v derzhavnomu sektor³ [Efficiency of the first stages of implementing of an accounting strategy modernization in the public sector]. V³snik Nats³onal'nogo un³versitetu vodnogo gospodarstva ta prirodokoristuvannia Proceedings of the National University of water management and natural resources management, 2009, no. 3 (47), pp. 379-387.
  7. M³zhnarodn³ standarti bukhgalters'kogo obl³ku dlia derzhavnogo sektoru [International accounting standards for the public sector]. Available at: Link.
  8. Motorin R.M., Motorina T.M. Sistema nats³onal'nikh rakhunk³v [System of national accounts]. Kyiv, KNEU Publ., 2001.
  9. NP(S)BODS [NP(S)BODS accounting standards]. Available at: Link.
  10. Order of the Ministry of Finance of Ukraine “On Approval of the chart of accounts in the public sector”. Available at: Link? showHidden = 1 & art_id = 389725 & cat_id = 363499 & ctime = 1387183247121.
  11. Law of Ukraine “On Accounting and financial reporting in Ukraine” of July 16, 1999 ¹ 996-XIV. Available at: Link ?nreg=996-14.
  12. Order of the state committee of statistics of Ukraine “On Approving the classification of institutional sectors of Ukraine's economy” of April 18, 2005, no. 96 Available at: Link.
  13. Resolution of the Cabinet of Ministers of Ukraine “On Approval of the strategy to modernize the accounting system in the public sector for 2007–2015” of January 16, 2007 ¹ 34. Available at: Link.
  14. Svirko S.V., Farion A.I. Sub’ºkti ³ ob’ºkti bukhgalters'kogo obl³ku v derzhavnomu sektor³ Ukra¿ni v kontekst³ chinnogo zakonodavstva [Subject and object of accounting in the public sector of Ukraine in the context of current legislation]. Nezalezhnii auditor: naukovo-praktichne vidannia – Independent auditor: scientific and practical edition, 2012, no. 2, pp. 36–43.
  15. Sushko N.I., Gizatulina L.V. Reformuvannia systemi bukhgalters'kogo obliku v derzhavnomu sektori [Accounting reform in the public sector]. Nezalezhnii auditor- Independent auditor, 2012, no. 6, pp. 56–57.
  16. Sushko N.I. Real³zats³ia reform bukhgalters'kogo obl³ku v derzhavnomu sektor³. [Implementing accounting reforms in the public sector]. Derzhavnii bukhgalter i auditor – Public accountant and auditor, 2012, no. 1, pp. 11–17.

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