{"id":18067,"date":"2023-02-02T10:23:12","date_gmt":"2023-02-02T08:23:12","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=18067"},"modified":"2023-02-02T10:23:12","modified_gmt":"2023-02-02T08:23:12","slug":"provision-and-contractual-obligations-in","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/provision-and-contractual-obligations-in\/","title":{"rendered":"Hanyaylo O., Savchenko N., Savchenko R. Provision and contractual obligations in the international and national accounting systems"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification<\/strong>: K12; M40; M41; G30
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V36(2022)-05<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Hanyaylo Oksana, <\/strong>PhD in Economics, Associate Professor of the Department of Accounting and Taxation, National University of Life and Environmental Sciences of Ukraine, \u041ayiv, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-6630-0212<\/a>
\ne-mail: <\/strong>oksana_han@ukr.net<\/a><\/p>\n

Savchenko Natalia, <\/strong>PhD in Economics, Associate Professor of the Department of Accounting, Taxation and Audit, Polissia National University, Zhytomyr, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0001-7092-619X<\/a>
\ne-mail: <\/strong>nataliyasavchenko2010@ukr.net<\/a><\/p>\n

Savchenko Roman, <\/strong>PhD in Economics, Associate Professor, Chief Accountant, Polissia National University, Zhytomyr, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-4586-9426<\/a>
\ne-mail: <\/strong>savchenko2010@ukr.net<\/a><\/p>\n

 <\/p>\n

Provision and Contractual Obligations in the International and National Accounting Systems<\/strong><\/h2>\n

\u00a0\u00a0<\/strong><\/p>\n

Abstract. Introduction<\/strong>. International accounting standards, which are implemented by business entities, allow to increase the transparency and efficiency of the management system, provide the opportunity to attract investments and access to international markets. Thanks to the application of international standards, a reliable information base is formed, which allows you to assess the real financial situation, discloses income, expenses, equity, assets and liabilities.<\/p>\n

Purpose.<\/strong> The article examines the economic essence of obligations from a legal and economic point of view and features of disclosure of information about conditional obligations and security. The methodological provisions of the procedure for determining the criteria for recognition of liabilities, contingent liabilities and guarantees, and their reflection in financial statements, are substantiated. Key issues of harmonization of national and international standards of accounting and financial reporting regarding contingent liabilities and guarantees are considered.<\/p>\n

Results.<\/strong> The research substantiates that from an economic point of view, the essence of obligations is considered as payables, the repayment of which will lead to the disposal of resources. This approach significantly narrows the interpretation of this category, since not all obligations that arise in civil and economic law are reflected in accounting. When recognizing liabilities, the factor of the occurrence of an event with uncertain consequences is taken into account, which accordingly affects the display of information about the occurrence of such events as part of contingent liabilities or guarantees.<\/p>\n

Conclusions.<\/strong> National accounting standards lag far behind similar international standards regarding the informativeness of financial data disclosure. Harmonization of the provisions of national and international standards, with the aim of updating the provisions (standards) of accounting, should become tools for solving problems. Another way to solve the problem can be recognition as national international accounting and financial reporting standards.<\/p>\n

Keywords:<\/strong> provision, conditional obligations, conditional facts of economic life, accounting.<\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Hubspot (2021). Where Do Marketers Get Leads? Retrieved from https:\/\/blog.hubspot.com\/marketing\/where-do-marketers-get-leads-data?<\/li>\n
  2. Chief Marketer (2021). Chief Marketer\u2019s dat\u0430. Retrieved from https:\/\/www.chiefmarketer.com\/special-reports\/exclusive-b2blead-gen-survey\/<\/li>\n
  3. Content marketing institute (2021). Joe Pulizzi. What effective B2B content marketing looks like. Retrieved from https:\/\/www.chiefmarketer.com\/special-reports\/exclusive-b2blead-gen-survey\/<\/li>\n
  4. Social media examiner (2021). Social Media Marketing Industry Report. Retrieved from https:\/\/www.socialmediaexaminer.com\/social-media-marketing-industry-report-2015\/<\/li>\n
  5. Brandwatch (2021). 57 Fascinating and Incredible YouTube Statistics. Retrieved from https:\/\/www.brandwatch.com\/blog\/youtube-stats\/<\/li>\n
  6. Brainshark (2021). 6 Cool Stats about Video SEO (and What They Mean to You). Retrieved from https:\/\/www.brainshark.com\/ideas-blog\/2013\/August\/6-cool-stats-about-video-seo.<\/li>\n
  7. Zoominfo (2021). The Beginner\u2019s Guide to YouTube for B2B Marketing. Retrieved from https:\/\/blog.zoominfo.com\/youtube-b2b-marketing\/<\/li>\n
  8. Facebook (2021). How much time do busines decision makers spend on Facebook? Retrieved from https :\/\/www.facebook.com com\/business\/news\/insights\/how-much-time-do-business-decision-makers-spends-on facebook_sourcemta&zd_campaign=14853&_termt=vanditagrover.<\/li>\n
  9. Social media industry (2021). Social Media Industry Index. Retrieved from https https:\/\/pages.trackmaven.com\/rs\/251-LXF-778\/images\/social-media-industry-report.pdf.<\/li>\n
  10. Il’in, M. P. (2016). Improving the effectiveness of Internet marketing procedures. Zvistky Sankt-Peterburz’koho derzhavnoho ahrarnoho universytetu, 45, 172-176. [in Ukrainian].<\/li>\n
  11. Kaledina M. A. (2016). Development of the market and technologies of Internet marketing. Problemy ta perspektyvy formuvannia marketynhovykh stratehij v umovakh nestabil’nykh rynkiv [Problems and prospects of formation of marketing strategies in the conditions of unstable markets],\u00a0 -prakt.\u00a0 Konferentsiia [Scientific and Practical Conference]. Kharkiv: KHU, 220-224 [in Ukrainian].<\/li>\n
  12. Kosenko, Ye. I. (2016). Hot, warm and cold leads. Russkaia rech’, 3, 126-127 [in Ukrainian].<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 22 December 2022<\/p>\n

    \"hanyaylo.pdf\"<\/div>
    hanyaylo.pdf<\/div><\/div>
    <\/div>
    <\/div>
    Size: <\/span>0,26<\/span><\/div>
    Download Now!<\/a><\/span>137<\/span> Downloads<\/span><\/span><\/div><\/div>
    <\/div>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n\n
    \n

    How to quote this article?<\/p>\n<\/td>\n<\/tr>\n

    Hanyaylo O., Savchenko N., Savchenko R. (2022). Provision and contractual obligations in the international and national accounting systems. Modern Economics, 36(2022), 32-37. DOI: https:\/\/doi.org\/10.31521\/modecon.V36(2022)-05.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
    <\/div>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<< Back to contents<\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"

    [vc_row][vc_column][vc_column_text] JEL Classification: K12; M40; M41; G30 DOI: https:\/\/doi.org\/10.31521\/modecon.V36(2022)-05 [\/vc_column_text][vc_column_text]Hanyaylo Oksana, PhD in Economics, Associate Professor of the Department of Accounting and Taxation, National University of Life and Environmental Sciences of Ukraine, \u041ayiv, Ukraine ORCID ID: 0000-0002-6630-0212 e-mail: oksana_han@ukr.net Savchenko Natalia, PhD in Economics, Associate Professor of the Department of Accounting, Taxation and Audit, Polissia
    Read more<\/a><\/p>\n","protected":false},"author":7,"featured_media":13475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[182,183],"tags":[184],"_links":{"self":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/18067"}],"collection":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/comments?post=18067"}],"version-history":[{"count":0,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/18067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media\/13475"}],"wp:attachment":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media?parent=18067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/categories?post=18067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/tags?post=18067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}