Accounting trends in the modern world

Main Article Content

Natalya Melnyk
Dar'ya Trachova
Olena Kolesnikova
Olena Demchuk
Natalia Golub

Abstract

The purpose of the article is to determine the current directions and future trends in the development of accounting. The conclusions made on the basis of research materials, surveys, reports of reputable international and professional accounting organizations. Synthesis and analysis reveal that some trends and drivers among analyzed will be more significant (such as globalization of business and the profession; spread of digital technologies; expectations of business and professional accountants) than others (such as regulation and governance) and will, in varying degrees, affect specific accounting roles, skills, knowledge. As a result of research, was determined that modern accounting professionals move from performing technical accounting functions (hard skills) to support the companies` management and play a significant role in improving the development of society. It is established that the main thing in the strategy of accounting companies` progress (both large and SMEs) and accounting specialists will be the development of the latest technologies, soft skills, professional flexibility. It is substantiated that the change of priorities will turn the challenges facing the accounting profession into its advantages.

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Article Details

Section
Integration System of Education, Science and Production
Author Biographies

Natalya Melnyk, Ternopil National Economic University

PhD, Associate Professor, Department of Accounting and Taxation, Ternopil National Economic University. 

Courses taught: Accounting and Taxation of the International Companies Activity; Accounting System of the EU Countries; Accounting for Bankruptcy and Insolvency.

Author of more than 120 scientific works. 

Dar'ya Trachova, Dmitry Motornyi Tavriya State Agrotechnological University

Doctor of Economics, Associate Professor of Accounting and Taxation, Dmitry Motornyi Tavriya State Agrotechnological University, Melitopol, co-founder of the NGO "Innovation and Socio-Economic Initiatives", Melitopol, Ukraine. Member of the Federation of Accountants, Auditors and Financiers of the AIC of Ukraine.
She teaches disciplines taught : Accounting, Information technology in accounting and analysis, Accounting by type of economic activity.Scientific interests: accounting, theory of institutional accounting, depreciation policy, digitalization of economics.

Researcher ID  K-7530-2018

Olena Kolesnikova, National University of Life and Environmental Sciences of Ukraine

Ph.D. in Economics, Associate Professor of the Accounting and Taxation Department, National University of Life and Environmental Sciences of Ukraine, Member of the Federation of Accountants, Auditors and Financiers of the AIC of Ukraine.

She teaches disciplines taught: Management Accounting, Accounting, Financial Accounting (in English).

Scientific interests: problems of theory and practice of accounting of enterprise activity, including agro and industrial production.

ResearcherID H-7786-2018

Olena Demchuk, Dmitry Motornyi Tavriya State Agrotechnological University

Ph.D. in Economics, Associate Professor of Accounting and Taxation, Dmitry Motornyi Tavriya State Agrotechnological University, Melitopol, Ukraine. Member of the Federation of Accountants, Auditors and Financiers of the AIC of Ukraine.

She teaches disciplines taught: Accounting, Information technology in accounting and analysis, Accounting by NGO.

Scientific interests: accounting, depreciation policy, digitalization of economics.

Researcher ID AAW-3223-2020

Natalia Golub, Dmitry Motornyi Tavriya State Agrotechnological University

Ph.D. in Economics, Associate Professor of Accounting and Taxation, Dmitry Motornyi Tavriya State Agrotechnological University, Melitopol, Ukraine. Member of the Federation of Accountants, Auditors and Financiers of the AIC of Ukraine.
She teaches disciplines taught : Accounting, Financial accounting, Enterprise reporting, Accounting policy.
Scientific interests: Financial accounting, theory of institutional accounting, depreciation policy, digitalization of economics.

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