The strategy of institutional reform of the supreme audit institution: the case of Ukraine

Main Article Content

Yulia Slobodyanik
Lesia Kondriuk
Yuliia Haibura

Abstract

The paper aims to define the strategic goals of the Accounting Chamber of Ukraine’s institutional reform. Securing the social confidence towards a public audit institution is the fundamental of its effective implementation. As a result of the proposed strategy realization the transforming the control system according to world standards and good governance requirements must take place focused on economic development maintenance and Sustainable Development Goals achievement.

The analysis is based both on directives of the United Nations, INTOSAI and OSCE ruling documents in regard to state audit development and on empirical data obtained under the questionnaire survey among the Accounting Chamber experts and independent accountants in Ukraine.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

Article Details

Section
Integration System of Education, Science and Production
Author Biographies

Yulia Slobodyanik, Kyiv National Economic University named after Vadym Hetman

Doctor of Economics, Professor of the of the Audit Department of Kyiv National Economic University named after Vadym Hetman

Member of the Audit Chamber of Ukraine, certified auditor in Ukraine.

Lesia Kondriuk, State Agrarian And Engineering University In Podilya

Ph.D. (Economics), Associate Professor, Department Department of Accounting and Taxation State Agrarian And Engineering University In Podilya, Kamianets-Podilskyi, Ukraine.

Yuliia Haibura, State Agrarian and Engineering University in Podilya

PhD in Economics, Associate professor of Finance, Banking and Insurance Department in State Agrarian and Engineering University in Podilya

References

ACCOUNTING CHAMBER OF UKRAINE (2016) Annual Reports of the Accounting Chamber. Availiable: http://www.ac-rada.gov.ua/control/main/en/publish/category/32832. Access: 1th November, 2018.

AUDIT CHAMBER OF UKRAINE (2014) Register of auditing firms and auditors Availiable: http://www.apu.com.ua/reestr-auditorskikh-firm-ta-auditoriv. Access 29th September, 2015.

AVIS, E.; FERRAZ, C.; FINAN, F. (2018) Do Government Audits Reduce Corruption? Estimating the Impacts of Exposing Corrupt Politicians. Journal of Political Economy, v. 126, n. 5, p. 1912-1964. DOI: https://doi.org/10.1086/699209.

BARDASH, S. V. (2010) Economic control in Ukraine: systematic approach. Kyiv: Kyiv National University of Trade and Economics.

BLIND, K. PERI. (2007) Building Trust in Government in the Twenty‐First Century, Review of Literature and Emerging Issues in 7TH GLOBAL FORUM ON REINVENTING GOVERNMENT BUILDING TRUST IN GOVERNMENT, 26‐29 June 2007, Vienna, Austria. Availiable: http://unpan1.un.org/intradoc/groups/public/documents/UN/UNPAN025062.pdf. Access 11th November, 2017.

BLUME, L.; VOIGT, S. (2011) Does organizational design of supreme audit institutions matter? A cross-country assessment. European Journal of Political Economy, v. 27, n. 2, p. 215-229. DOI: http://dx.doi.org/10.1016/j.ejpoleco.2010.07.001.

BOWERMAN, M.; HUMPHREY, C.; OWEN, D. (2003) Struggling for supremacy: the case of UK public audit institutions. Critical Perspectives on Accounting, v. 14, n. 1-2, p. 1-22. DOI: https://doi.org/10.1006/cpac.2001.0524.

BRINGSELIUS, L. (2018) Efficiency, economy and effectiveness but what about ethics? Supreme audit institutions at a critical juncture. Public Money & Management, v. 38, n. 2, p. 105-110. DOI: https://doi.org/10.1080/09540962.2018.1407137.

BRUSCA, I.; ROSSI, F. M.; AVERSANO, N. (2017) Accountability and transparency to fight against corruption: an international comparative analysis. Journal of Comparative Policy Analysis: Research and Practice, v. 20, n. 5, p. 486-504. DOI: https://doi.org/10.1080/13876988.2017.1393951.

BUNN, M.; PILCHER, R.; GILCHRIST, D. (2018) Public sector audit history in Britain and Australia. Financial Accountability & Management, v. 34, p. 64-76. DOI: https://doi.org/10.1111/faam.12143.

COMMISSION OF THE EUROPEAN COMMUNITIES (2001) European Governance, A White Paper, COM (2001) 428 final.

DROZD, I. K. (2004) Control of economic systems. Kyiv: Impex, Ltd.

DYKAN, L. V. (2011) State Audit. Kyiv: Knowledge.

FUKUYAMA, F. (1995) Trust: The Social Virtues and the Creation of Prosperity. New York: Free Press.

GARCÍA, E. R. (2015) Ethics matters. EUROSAI, 21, 89-91. Availiable: http://www.eurosai.org/handle404?exporturi=/export/sites/eurosai/.content/documents/magazines/Eurosai21_en.pdf. Access 1th November, 2018.

GILANI, I. SH. (2015) When Democracy Fails to Deliver in STOYCHEV, K. (Ed.). Voice of the people 2015. Switzerland: Gallup International Association, p. 78-98. Availiable: http://www.gallup-international.com/wp-content/uploads/2017/10/GIA-Book-2015.pdf. Access 10th November, 2018.

HAY, D.; CORDERY, C. (2018) The value of public sector audit: Literature and history. Journal of Accounting Literature, v. 40, p. 1-15. DOI: https://doi.org/10.1016/j.acclit.2017.11.001.

HEALD, D. (2018) Transparency-generated trust: The problematic theorization of public audit. Financial Accountability & Management, v. 34, p. 317-335. DOI: https://doi.org/10.1111/faam.12175.

HETHERINGTON, J. MARC (1998) The Political Relevance of Political Trust. The American Political Science Review, v. 92(4), p. 791-808. Availiable: http://www.uvm.edu/~dguber/POLS234/articles/hetherington3.pdf. Access 3th October, 2018.

INTOSAI (2016) INTOSAI Strategic Plan 2017-2022. Availiable: http://www.intosai.org/fileadmin/downloads/downloads/0_news/2016/220416_StrategicPlan_2017_22_EN.pdf. Access 1th November, 2018.

INTOSAI (2016) The Abu Dhabi Declaration. Availiable: http://www.intosai.org/fileadmin/downloads/downloads/0_news/2016/141216_EN_AbuDhabiDeclaration.pdf. 1th November, 2018.

JEPPESON, K. K.; CARRINGTON, T.; CATASÚS, B.; JOHNSEN, Å.; REICHBORN‐KJENNERUD, K.; VAKKURI, J. (2017) The strategic options of Supreme Audit Institutions: The case of four Nordic countries. Financial Accountability & Management, v. 33, n. 2, p. 146-170. DOI: https://doi.org/10.1111/faam.12118.

KHMELKOV, V. ANDRIY (2016) Audit Chamber of Ukraine as an agent within public finance control institute. Actual Problems of Economics, v. 5, n. 179, p. 370-381.

MINISTRY OF SOCIAL POLICY OF UKRAINE (2018) Accounted 1,516,246 displaced persons – Ministry of Social Policy. Availiable: https://www.msp.gov.ua/news/15672.html. 1th August, 2018.

MISHCHENKO, A. (2013) Political confidence in the legitimizing process of the public information development. Scientific journal of the Institute of Journalism and International Relations of Kyiv National University of Culture and Arts, v. 1, n. 2, p. 63-67.

MNICH, E. V.; NYKONOVYCH, M. O.; BARDASH, S. V. (2009) State financial audit: methodology and organization. Kyiv: Kyiv National University of Trade and Economics.

MORIN, D.; HAZGUI, M. (2016) We are much more than watchdogs: The dual identity of auditors at the UK National Audit Office. Journal of Accounting and Organizational Change, v. 12, n. 4, p. 568-589. DOI: https://doi.org/10.1108/JAOC-08-2015-0063.

NEVIDOMYI, VASYL (2016) Strengthening the institutional capacity of the Accounting chamber of Ukraine as an independent state audit institution. The Journal Finance of Ukraine, v. 1, p. 116-125. Availiable: http://finukr.org.ua/docs/FU_16_01_116_uk.pdf. Access 1th November, 2018.

NORTH, C. DOUGLASS (1990) Institutions, Institutional Change, and Economic Performance. New York: Cambridge University Press.

OMOREGIE CHARLES OSIFO (2014) An Ethical Governance Perspective on Anti-Corruption Policies and Procedures: Agencies and Trust in Cameroon, Ghana, and Nigeria Evaluation. International Journal of Public Administration, v. 37, n. 5, p. 308-327, DOI: https://doi.org/10.1080/01900692.2013.836663.

OSCE (2010) International practices on confidence-building measures between the state and civil society organizations. Availiable: https://www.osce.org/ukraine/75883?download=true. Access 1th November, 2018.

PIKHOTSKIY, V. F. (2016) The external state financial control over the activities of the executive power – an important factor in the protection of society. Business Inform, v. 2, p. 300-305. Availiable: http://www.business-inform.net/export_pdf/business-inform-2016-2_0-pages-300_305.pdf. Access 1th November, 2018.

POCHENCHUK, G. (2015) Features modern institutional transformation Ukrainian economy. Herald of the National University "Lviv Polytechnic". Management and business in Ukraine: stages of development and problems, n. 835, p. 298-304. Available: http://ena.lp.edu.ua:8080/handle/ntb/33822. Access: 1th November 2018.

POLLITT, C.; SUMMA, H. (1997) Reflexive watchdogs: How supreme audit institutions account for themselves. Public Administration, v. 75, n. 2, p. 313–336. DOI: https://doi.org/10.1111/1467-9299.00063.

RAZUMKOV CENTRE (2018) The trust of Ukrainian citizens in public institutions. Availiable: http://razumkov.org.ua/uploads/socio/2018_06_press_release_ua.pdf. Access 3th August, 2018.

REICHBORN-KJENNERUD, K.; JOHNSEN, A. (2018) Performance audits and Supreme Audit Institutions' impact on public administration: The case of the Office of the Auditor General in Norway. Administration & Society, v. 50, n. 10, p. 1422-1446. DOI: https://doi.org/10.1177/0095399715623315.

SHEVCHUK, V. O. (1998) Control of economic systems in a society in transition (problems of theory, organization, methodology). Kyiv: Kyiv State University of Trade and Economics.

SHVEDA, Y.; PARK J. H. (2016) Ukraine’s revolution of dignity: The dynamics of Euromaidan. Journal of Eurasian Studies, v. 7, p. 85-91. DOI: https://doi.org/10.1016/j.euras.2015.10.007.

SIMONENKO, V. K.; BARANOVSKY, O. I.; PETRENKO, P. S. (2006) Basis of common system of state financial control in Ukraine: (macroeconomic aspects). Kyiv: Knowledge Ukraine.

THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY (2014) International framework: good governance in the public sector. Availiable: http://www.cipfa.org/policy-and-guidance/standards/international-framework-good-governance-in-the-public-sector. Access 1th November, 2018

THE INTERNATIONAL STANDARDS OF SUPREME AUDIT INSTITUTIONS (2016) ISSAI Framework. Availiable: http://www.issai.org/en_us/site-issai. Access1th November, 2018.

TRANSPARENCY INTERNATIONAL (2018) Corruption Perceptions Index 2017. Availiable: https://www.transparency.org/news/feature/corruption_perceptions_index_2017#table. Access 3th August, 2018.

UNITED NATIONS (2011) Promoting the efficiency, accountability, effectiveness and transparency of public administration by strengthening supreme audit institutions. Availiable: https://documents-dds-ny.un.org/doc/UNDOC/GEN/N11/471/36/PDF/N1147136.pdf?OpenElement. Access 1th November 2018.

UNITED NATIONS (2014) Promoting and fostering the efficiency, accountability, effectiveness and transparency of public administration by strengthening supreme audit institutions. Availiable: https://documents-dds-ny.un.org/doc/UNDOC/GEN/N14/713/64/PDF/N1471364.pdf?OpenElement. Access 1th November, 2018.