CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE
The development of big business in Ukraine has led to the need to release a number of domestic companies and their groups and associations to the international financial market which was the prerequisite of the needs of users of financial statements to obtain reliable information about the activiti...
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| Format: | Article |
| Language: | English |
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Zhytomyr State Technological University
2016-09-01
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| Series: | Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki |
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| Online Access: | http://ven.ztu.edu.ua/article/view/79435 |
| _version_ | 1819115515918942208 |
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| author | S.V. Kucher |
| author_facet | S.V. Kucher |
| author_sort | S.V. Kucher |
| collection | DOAJ |
| description | The development of big business in Ukraine has led to the need to release a number of domestic companies and their groups and associations to the international financial market which was the
prerequisite of the needs of users of financial statements to obtain reliable information about the activities of such companies. In accordance with the national legislation associations of enterprises and companies have to provide the consolidated financial statements which contain the pooled indices about the activities of these entities. The article analyzes the current state of normative and legal regulation of financial reporting consolidation process in Ukraine. In particular, the paper determines the basic legal acts of regulations of national and international governing process of preparation of consolidated financial statements; it also determines the circle of business entities required to draw up the consolidated financial
statements solely in accordance with international financial reporting standards. |
| first_indexed | 2024-12-22T05:02:26Z |
| format | Article |
| id | doaj.art-ae2e8cfafebb434982c8557dfdc6fb57 |
| institution | Directory Open Access Journal |
| issn | 1728-4236 1728-4236 |
| language | English |
| last_indexed | 2024-12-22T05:02:26Z |
| publishDate | 2016-09-01 |
| publisher | Zhytomyr State Technological University |
| record_format | Article |
| series | Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki |
| spelling | doaj.art-ae2e8cfafebb434982c8557dfdc6fb572022-12-21T18:38:13ZengZhytomyr State Technological UniversityVìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki1728-42361728-42362016-09-013771925CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATES.V. KucherThe development of big business in Ukraine has led to the need to release a number of domestic companies and their groups and associations to the international financial market which was the prerequisite of the needs of users of financial statements to obtain reliable information about the activities of such companies. In accordance with the national legislation associations of enterprises and companies have to provide the consolidated financial statements which contain the pooled indices about the activities of these entities. The article analyzes the current state of normative and legal regulation of financial reporting consolidation process in Ukraine. In particular, the paper determines the basic legal acts of regulations of national and international governing process of preparation of consolidated financial statements; it also determines the circle of business entities required to draw up the consolidated financial statements solely in accordance with international financial reporting standards.http://ven.ztu.edu.ua/article/view/79435financial statementsconsolidated financial statementsenterprises’ associationgroup of companiesseparate financial statements |
| spellingShingle | S.V. Kucher CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki financial statements consolidated financial statements enterprises’ association group of companies separate financial statements |
| title | CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE |
| title_full | CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE |
| title_fullStr | CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE |
| title_full_unstemmed | CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE |
| title_short | CONSOLIDATED FINANCIAL STATEMENTS IN UKRAINE: NORMATIVE AND LEGAL REGULATION STATE |
| title_sort | consolidated financial statements in ukraine normative and legal regulation state |
| topic | financial statements consolidated financial statements enterprises’ association group of companies separate financial statements |
| url | http://ven.ztu.edu.ua/article/view/79435 |
| work_keys_str_mv | AT svkucher consolidatedfinancialstatementsinukrainenormativeandlegalregulationstate |