Institutionalism in Accounting: a requirement of the times or a mechanism of social pressure?

Main Article Content

Nataliia Semenyshena
Svitlana Sysiuk
Kateryna Shevchuk
Inna Petruk
Iryna Benko

Abstract

The purpose of the study is to establish and identify the reasons for the formation of the institutional foundations of accounting, substantiate their advantages and disadvantages for Ukraine, as well as build an effective organizational and institutional architectonics of its development. The institutional influence on the accounting system in Ukraine and its reasons are established on the basis of an empirical generalization of the positions of various authors, as well as a critical analysis of the existing norms and practices. The method of regression analysis was used to select the basic branch of the national economy, on the example of which the study was conducted. It is substantiated that objectively this influence is associated with social and international requirements, however, for agricultural enterprises, the prerequisite for the introduction of institutional frameworks is the desire of these entities for international cooperation.

The above arguments are based on the analysis of statistical data, the results of a questionnaire survey of 105 heads of Ukrainian agricultural companies. An empirical generalization was carried out on the basis of a critical assessment of the normative and legal framework for the development of accounting and accounting for the results of the survey, which made it possible to assess the genesis of the introduction of institutional accounting frameworks in the agricultural sector of Ukraine and substantiate the objective need for such a process. It has been proved that the discussion on the objectivity or compulsory development of the institutional foundations of accounting has real ground. For this purpose, for comparison, the results of a questionnaire survey of managers and accounting specialists in the public sector and indicators of the dynamics of the availability of funds in the single treasury account as of January 1 in recent years are presented, which made it possible to conclude that there are no objective reasons for the institutionalization of accounting and its compulsory nature in this sector.

It follows from the study that the institutionalization of accounting is both an objective requirement of the time and a mechanism of public pressure at the same time. Its assignment to one category or another is determined by the existing needs, the branch of the national economy and the results that can be obtained.

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Article Details

Section
Integration System of Education, Science and Production
Author Biographies

Nataliia Semenyshena, Western Ukrainian National University State Agrarian and Engineering University in Podilya

Сфера научных интересов: институциональная теория бухгалтерского учета, междисциплинарные исследования, отчетность.
Автор более 150 научных и учебных публикаций. Член журналов Редколлегии России, Украины, Бразилии.

Ведущий редактор в университете SAE. Управляющий редактор журнала «Софус».

Svitlana Sysiuk, Western Ukrainian National University

Ph.D. in Economics, Associate Professor 

Accounting and Taxation Department

Kateryna Shevchuk, 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.

She teaches disciplines taught: Financial Accounting,  Accounting in the economy.

Scientific interests: Theoretical and methodological principles of management accounting and its implementation in the activities of enterprise.

ResearcherID H-7490-2018

 

Inna Petruk, Western Ukrainian National University

Junior Research Fellow

 

Iryna Benko, Western Ukrainian National University

Ph.D. in Economics, Associate Professor 

Accounting and Taxation Department

H-3054-2017

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