Challenges and Reforms in the Accounting System of Ukraine: The Impact of War and Transition to International Standards
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F02819180%3A_____%2F25%3A%230000150" target="_blank" >RIV/02819180:_____/25:#0000150 - isvavai.cz</a>
Result on the web
<a href="https://dbc.wroc.pl/Content/136786/Bohusova_Challenges_and_Reforms_in_the_Accounting_System.pdf" target="_blank" >https://dbc.wroc.pl/Content/136786/Bohusova_Challenges_and_Reforms_in_the_Accounting_System.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15611/2025.40.5.04" target="_blank" >10.15611/2025.40.5.04</a>
Alternative languages
Result language
angličtina
Original language name
Challenges and Reforms in the Accounting System of Ukraine: The Impact of War and Transition to International Standards
Original language description
This chapter examines the transformation of Ukraine’s accounting system from Soviet-era practices to International Financial Reporting Standards (IFRS), focusing on the challenges arising from the coexistence of National Accounting Standards (NAS) and IFRS and the impact of the ongoing war. Based on a qualitative analysis of institutional reports and academic literature, it identifies key barriers to full IFRS convergence, including legislative inconsistencies, limited professional expertise, tax-oriented accounting traditions, economic instability, and weakened regulatory enforcement. The war has further intensified asset impairments, currency volatility, and reporting uncertainty, while corruption and the large informal economy continue to undermine transparency. The chapter concludes that stronger regulatory oversight, expanded IFRS education, digitalisation, and international cooperation are essential to enhance the credibility and resilience of Ukraine’s financial reporting system.
Czech name
—
Czech description
—
Classification
Type
C - Chapter in a specialist book
CEP classification
—
OECD FORD branch
50205 - Accounting
Result continuities
Project
—
Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Modern Tools for Fraud Detection: Insights from the V4 and Ukraine
ISBN
9788368394405
Number of pages of the result
12
Pages from-to
50-61
Number of pages of the book
127
Publisher name
Publishing House of Wroclaw University of Economics and Business
Place of publication
Wroclaw
UT code for WoS chapter
—