The institutionalization of accounting: the impact of national standards on the development of economies
Article Sidebar
Main Article Content
Abstract
The purpose of the study is to establish the essence and identification of the components of institutional accounting theory and substantiate the role and impact of these components on the national economy through the example of standardization. The author's general scheme of the institutional paradigm of institutional accounting and the approach to the development of his theory was built in the study based on a theoretical, empirical generalization, taking into account positive foreign experience, national scientific views and traditions. The examples of changes in GDP after the introduction of accounting standards (which are a structural component of institutional accounting theory) in the 6 largest countries of the world are given as an argument for the positive impact of institutional pragmatics on the national economy using the graphical method. It is proved that the dynamics that can be used to identify the impact of accounting standardization on a country's economy may be the dynamics of its GDP. The expediency of taking into account the institutional environment of Ukraine in the issues of formalization of the Institute of Accounting, as well as its political, environmental and social situation is substantiated. The conducted research confirms the influence of national peculiarities on the results of activation of institutional accounting principles and the presence of individual characteristics of values taken as arguments of indicators. It is substantiated that it is important to find effective indicators to illustrate the impact of each institutional component of accounting on the national economy.
Downloads
Article Details
1. Proposal of Policy for Free Access Periodics
Authors whom publish in this magazine should agree to the following terms:
a. Authors should keep the copyrights and grant to the magazine the right of the first publication, with the work simultaneously permitted under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 that allows the sharing of the work with recognition of the authorship of the work and initial publication in this magazine.
b. Authors should have authorization for assuming additional contracts separately, for non-exclusive distribution of the version of the work published in this magazine (e.g.: to publish in an institutional repository or as book chapter), with recognition of authorship and initial publication in this magazine.
c. Authors should have permission and should be stimulated to publish and to distribute its work online (e.g.: in institutional repositories or its personal page) to any point before or during the publishing process, since this can generate productive alterations, as well as increasing the impact and the citation of the published work (See The Effect of Free Access).
Proposal of Policy for Periodic that offer Postponed Free Access
Authors whom publish in this magazine should agree to the following terms:
a. Authors should keep the copyrights and grant to the magazine the right of the first publication, with the work simultaneously permitted under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 [SPECIFY TIME HERE] after the publication, allowing the sharing of the work with recognition of the authorship of the work and initial publication in this magazine.
b. Authors should have authorization for assuming additional contracts separately, for non-exclusive distribution of the version of the work published in this magazine (e.g.: to publish in institutional repository or as book chapter), with recognition of authorship and initial publication in this magazine.
c. Authors should have permission and should be stimulated to publish and to distribute its work online (e.g.: in institutional repositories or its personal page) to any point before or during the publishing process, since this can generate productive alterations, as well as increasing the impact and the citation of the published work (See The Effect of Free Access).
d. They allow some kind of open dissemination. Authors can disseminate their articles in open access, but with specific conditions imposed by the editor that are related to:
Version of the article that can be deposited in the repository:
Pre-print: before being reviewed by pairs.
Post-print: once reviewed by pairs, which can be:
The version of the author that has been accepted for publication.
The editor's version, that is, the article published in the magazine.
At which point the article can be made accessible in an open manner: before it is published in the magazine, immediately afterwards or if a period of seizure is required, which can range from six months to several years.
Where to leave open: on the author's personal web page, only departmental websites, the repository of the institution, the file of the research funding agency, among others.
References
ALDEMIR, C.; UYSAL, T. U. (2017) Public Accounting Reform from Institutional Theory Perspectives: Case of Turkey. Accounting and Corporate Reporting - Today and Tomorrow, Soner Gokten, IntechOpen, DOI: 10.5772/intechopen.68778.
GLOTOV, M. B. (2003) Social'nyj institut: opredelenie, struktura, klassifikacija [Social institute: definition, structure, classification]. Sociologicheskie issledovanija. Sociological research, n. 10, p. 13-19. (In Russian)
KANTsUROV, O. O. (2013) Udoskonalennia metodolohii doslidzhen bukhhalterskoho obliku. Improving the methodology of Accounting research. In: I International E-Conference Increasing role of accounting in the modern economy (21 February 2013) Proceeding... Kyiv: TOV «Vseukrainskyi instytut prava i otsinky». p. 55-59. Available: http://188.190.33.55:7980/jspui/bitstream/123456789/2744/1/%D0%A0%D0%BE%D0%BB%D1%8C%20%D0%B1.%D0%BE.%2055-59.pdf. Access: 05 September 2019. (in Ukranian)
KHORUNZHAK, N. M.; BENKO, I. D. (2002) Harmonizatsiia ta standartyzatsiia ukrainskoi systemy obliku yak neobkhidna umova efektyvnoho rozvytku vitchyznianoi ekonomiky [Harmonization and standardization of the Ukrainian accounting system as a necessary condition for the effective development of the domestic economy]. In: International Scientific Conference “Bukhhalterskyi oblik ta hospodarskyi kontrol: mynule, suchasne, maibutnie [Accounting and economic control: past, present, future. Proceeding…Zhytomyr: ZhITI, 2002] (in Ukranian)
KUKHAR M. (2018) Dolarovyi VVP Ukrainy vyris za 2017 rik na 20,5% [Ukraine's dollar GDP grew by 20.5% in 2017]. Vysokyi Zamok. Available: https://wz.lviv.ua/blogs/368037-dolarovyi-vvp-ukrainy-vyris-za-2017-rik-na-20-5protsent. Access: 05 September 2019. (in Ukranian)
NORT, D. (1993) Economic Performance Through Time. The American Economic Reviw. June 1994, v. 84 n. 3, p. 359-368. Available: http://www.wiwi.uni-muenster.de/iw/downloads/Im%20Seminar/ws0708/Literatur%202/Introductory/Intro3.pdf. Access: 19 August 2019.
PUShKAR, M. S. (2007) Metateoriia obliku abo yakoiu povynna staty teoriia: monohrafiia [Accounting metatheory or what the theory should be: a monograph]. Ternopil : Kart-blansh. (in Ukranian)
SEMENYSHENA, N. V. (2012) Rasshirenie metodologicheskogo aparata issledovanij v buhgalterskom uchete [Extension of the methodological apparatus of research in accounting]. Buletinul Ştiinţific al Universităţii de Stat «Bogdan Petriceicu Hasdeu» din Cahul ediţie semestrială. seria ŞTIINŢE ECONOMICE, v. 1, n. 7, p. 112-118. Available: https://ibn.idsi.md/sites/default/files/imag_file/107_112_%20Rasshirenie%20metodologicheskogo%20apparata%20issledovaniy%20v%20buhgalterskom%20uchete.pdf. Access: 18 September 2019. (in Russian)
SEMENYSHENA, N. V. (2011) Problems of Accounting Reform in Ukraine: Institutional Aspects. In: THE 12TH DOCTORAL CONFERENCE OF FACULTY OF FINANCE AND ACCOUNTING AT UNIVERSITY OF ECONOMICS (27th May 2011), Proceeding…, v I. Prague: Collection of Papers. 2011. P. 277–281.
SEMENYSHENA, N.V. (2012) Institutional analysis of accounting problems in Ukraine. In: MATERIAŁY VIII MIĘDZYNARODOWEJ NAUKOWI-PRAKTYCZNEJ KONFERENCJI «EUROPEJSKA NAUKA XXI POWIEKĄ 2012». Volume 4. Ekonomiczne nauki. Przemyśl: Nauka i studia.
SOPKO V. V.; SOPKO V. V. (2012) Accounting – basic tool of state regulatory policies of financial and economic stability and economic development. Scientific papers NaUKMA. Economics, n. 133, p. 115–125. Available: http://ekmair.ukma.edu.ua/bitstream/handle/123456789/2256/Sopko_Sopko_Bukhhalterskyi_oblik_bazovyi.pdf?sequence=1. Access: 05 September 2019. (in Ukranian)
VAILATTI, J. L.; ROSA, F. S.; VICENTE E. F. R. (2016) Institutional Theory Applied to Management Accounting: Analysis of theoretical and methodological contribution of international publications occurred in the 2006-2015 period. Revista Catarinense da Ciência Contábil, v. 16, n. 47. p. 91-104. Available: http://revista.crcsc.org.br/index.php/CRCSC/article/download/2263/1924. Access: 01 July 2019.
VEBLEN, Т. (1912) The Theory of the Leisure Class: An Economic Study of Institutions. 2-nd ed. Available: http://www.gutenberg.org/files/833/833-h/833-h.htm. Access: 12 July 2019.
ZHUK, V. (2013) Scientific Grounds for Brand New Institutional Accounting Theory. Accounting and Finance, n. 3, p. 29-34. (in Ukranian)