Development of the institutional accounting for the needs of financial regulation: experience in the agricultural sector of Ukraine

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Nataliia Semenyshena
Oksana Radchenko
Andrii  Zelenskyi
Nadiia Khocha
Ulyana Pelekh
صندلی اداری


The study of the accounting environment was conducted and proposals for improving its theory for the needs of the macro-level of management from the standpoint of institutional theories were formed. A working hypothesis is proposed on the dependence of data collection methods for financial regulation, the formation of a development strategy for the industry, the selection of the Structure of programs of state support for goods and services, and it is tested on examples of budgetary financial regulation of the agricultural sector of Ukraine. For this, the existing scientific approach and practice of information support of financial support were analysed using examples of budget programs in the agricultural sector of the economy, determination of the state and ambushes of its further development in relation to the financial condition of agricultural enterprises, the level of their accounting and financial reporting, and, accordingly, the awareness of managers concerning participation in budget programs, submission of applications that takes budget support and its effective use. The analysis of indicators in the effectiveness of budget programs is carried out in order to disclose the relationship between accounting and macroeconomic indicators in the development of the agricultural sector of Ukraine. The methodological approach to determining the effectiveness of budgetary support for the development of the agro-industrial complex is generalized, a comparative assessment of the effectiveness of various programs of state financial support for agricultural commodities and production sites is carried out and statistical material on the state of agriculture is processed the Impact of budgetary support on the formation of financial indicators in the agricultural sector was determined. Proposals were provided for the concentration of state financial resources on the Key Program of Budgetary Support for the development of the agricultural sector and improvement of the organizational mechanism functioning of the system of budgetary subsidies for agricultural goods. The main indicators of monitoring the effectiveness of state programs to support the agricultural sector have been outlined and proposals are given for improving the information support of this process, accounting tools, financial and budgetary reporting. Recommendations are given for the concentration of state financial resources on the Key Program of Budgetary Support for the development of the agricultural sector and the improvement of the organizational mechanism of functioning of the system of budget subsidies in connection with the achieved financial indicators of activity of the commodity producers formed in the accounting and information system.


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Integration System of Education, Science and Production
Author Biographies

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

Ph.D. in Economics, Associate Professor of Accounting, Taxation and E-business technologies Department in State Agrarian and Engineering University in Podilya, Deputy Head of the Department for Research, co-founder of the NGO "Sophus", Kamianets-Podilskyi, Ukraine. Member of the Federation of Accountants, Auditors and Financiers of the AIC of Ukraine. Was awarded the Badge of Honor from the Ministry of Agrarian Policy and Food of Ukraine.

Founder and Executive Editor of the International Scientific Journals «The Institute of Accounting, control and analysis in the globalization circumstances», «The Economic discourse» She teaches disciplines taught: Accounting and Reporting according to International standards; Scientific research methodology, Enterprise reporting, Accounting policy, Accounting in banks, Organization of accounting. Scientific interests: Financial Accounting, Institutional Accounting Theory, IFRS, Accountancy policy, Economics. ResearcherID A-8626-2016. Scopus ID 57213618171.

Oksana Radchenko, Institute of Agrarian Economics

Doctor of Philosophy in Economics, Associate Professor, works as a leading researcher in the research department of financial and credit and tax policy at the National Scientific Center "Institute of Agrarian Economics" of the National Academy of Agrarian Sciences of Ukraine. He is engaged in problems of budget support, financing and crediting of agrarian business, issues of financial security of agrarian industry, information support of management processes at macro and micro levels.  He has practical experience in managing finance at an agricultural enterprise. Prepares graduate students in the Finance program. Scientific interests: state financial regulation, budget financing, finance, credit, accounting in the agricultural sector.

Andrii  Zelenskyi, State Agrarian and Engineering University in Podilya

Ph.D. in Economics, Assistant Professor of the Department of Finance, Banking, Insurance and Electronic Payment Systems. The number of articles in the national database – 20. The number of articles in the international database – 10.

Nadiia Khocha, Ivan Franko National University of Lviv

Ph.D. in Economics, Associate professor of Accounting and Auditing Department in Faculty of Economics, Ivan Franko National University of Lviv. Lecturer of the following subjects: Record keeping and documentation of economic activity, Accounting in small business, Controlling. Scientific interests: financial accounting, theoretical and practical aspects of simplified and general accounting system of small enterprises, еconomic analysis.

Ulyana Pelekh, Ivan Franko National University of Lviv

Ph.D. in Economics, Associate Professor of Accounting and Auditing Department in Faculty of Economics, Ivan Franko National University of Lviv. Lecturer of the following subjects: Accounting, Сonsolidation of financial statements, Financial Accounting and analysis of financial statements.Scientific interests: research of interest rate regulation, theory and practice of accounting, financial and consolidated financial statements of enterprises, еconomic analysis .


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