Government Support and Transparent Reporting as Tools of Market Transformations in Ukraine
Vlasyuk V. Y.

Vlasyuk, Valerii Ye. (2019) “Government Support and Transparent Reporting as Tools of Market Transformations in Ukraine.” The Problems of Economy 1:20–27.
https://doi.org/10.32983/2222-0712-2019-1-20-27

Section: Economics and national economy management

UDC 338.24: 658.14/.17 (477)

Abstract:
The article deals with analysis of various approaches to scientific assessment of economic management. There presented a detailed consideration of methodological aspects related to determining quantitative and qualitative indicators of activities of business entities. The legislative consolidation of accounting and financial reporting in Ukraine is reviewed. The principles of integrated reporting, which were developed in Ukraine based on the recommendations of international experts, are summarized. The legislatively established requirements for the list of articles, financial statements indicators to be published are described. Practical examples of national policies aimed at supporting entrepreneurship in countries of the Asia-Pacific region are studied using a constructive and critical analysis. Attention is paid to proposals of the USA to support the American economic system. Separately, the prospects for the development of the domestic economy are investigated based on a process-oriented approach. Problems associated with ensuring an integrated approach to the diagnostic tools of financial information quality by means of the model of M. Boenisch are analyzed. There disclosed a number of other factors that complement the model of M. Boenisch, which expands the range of tools in order to achieve transparency and openness for the entire Ukrainian economic system. In order to improve the system for assessing risks associated with accounting abuses other relevant factors are being actualized. The necessity for stimulating entrepreneurial structures in the implementation of processes aimed at identifying changes in economic performance indicators is substantiated.

Keywords: economic environment, accounting standards, principles of integrated reporting, transparency of business activities, government support.

Formulae: 1. Bibl.: 9.

Vlasyuk Valerii Ye. – Doctor of Sciences (Economics), Professor, Professor, Department of Economics and Social-Labor Relations, University of Customs and Finance (2/4 Volodymyra Vernadskoho Str., Dnipro, 49004, Ukraine)
Email: vvlas_dn@ukr.net

List of references in article

Koliada, T. A. “Orhanizatsiia dovhostrokovoho biudzhetnoho planuvannia ta prohnozuvannia: dosvid providnykh krain svitu“ [Organization of long-term budget planning and forecasting: experience of the leading countries of the world]. Problemy ekonomiky, no. 4 (2013): 14-20.
Lukinov, I. I. “Teoretyko-metodolohichni aspekty stratehii ekonomichnoho rozvytku Ukrainy“ [Theoretical and methodological aspects of the strategy of economic development of Ukraine]. Ekonomichna teoriia: suchasna paradyhma ta yii evoliutsiia na porozi XXI stolittia. Kyiv, 2000. 9-17.
Ulianchenko, O. V. “Innovatsiino-investytsiina diialnist, yak osnova staloho rozvytku ekonomiky derzhavy“ [Innovative-investment activity as the basis of sustainable development of the state's economy]. Naukovyi visnyk Mukachivskoho derzhavnoho universytetu. Seriia «Ekonomika», vol. 1, no. 2 (4) (2015): 70-76.
Yefymenko, T. I. “Zaprovadzhennia intehrovanoi zvitnosti ta reformuvannia bukhhalterskoho obliku v umovakh yevrointehratsii“ [Introduction of integrated reporting and accounting reform in the context of European integration]. Finansy Ukrainy, no. 10 (2014): 7-31.
Vorotin, V. “Praktyka pidtrymky maloho i serednyoho biznesu v krainakh Aziatsko-Tykhookeanskoho rehionu do i pislia finansovoi kryzy“ [The practice of supporting small and medium-sized businesses in the countries of the Asia-Pacific region before and after the financial crisis]. Ekonomichna teoriia: suchasna paradyhma ta yii evoliutsiia na porozi XXI stolittia. Kyiv, 2000. 30-32.
Kostiak, R., and Cheshlik, R. “Vykorystannia pokaznykiv modeli v otsintsi yakosti prybutku“ [Use of model indicators in the estimation of profit quality]. Visnyk ChDTU. Seriia : «Ekonomichni nauky», vol. 1, no. 30 (2012): 114-121.
Panina, M., and Cheshlyk, R. “Obmezhennia modeli M. D. Benisha v identyfikatsii otsinky yakosti prybutku“ [Limitation of the model of M. D. Benish in identifying the estimation of profit quality]. Visnyk ChDTU. Seriia : «Ekonomichni nauky», vol. 1, no. 30 (2012): 121-126.
Vlasiuk, V. Ye., Syniuk, A. O., and Pidhirnyi, A. T. “Udoskonalennia finansovoi zvitnosti pidpryiemstv z metoiu pidvyshchennia investytsiinoi pryvablyvosti vitchyznianoi ekonomiky“ [Improvement of financial reporting of enterprises in order to increase investment attractiveness of the domestic economy]. Ekonomichnyi analiz, vol. 26, no. 1 (2016): 136-143.
Vlasiuk, V. Ye. “Urakhuvannia pokaznykiv zvitnosti v otsintsi finansovykh rezultativ pidpryiemstv“ [Taking into account the indicators of reporting in the estimation of financial results of enterprises]. The scientific method, vol. 1, no. 15 (2018): 30-37.