Economics, Econometrics and Finance
3 years ago

Modernized financial statements revolutionize transparency and decision-making in public sector.

Economic scope
FINANCIAL STATEMENTS IN THE CONTEXT OF MODERNIZATION OF ACCOUNTING IN THE PUBLIC SECTOR
Tetyana Cherkashyna

Paper Summary

Related papers

Decision Sciences
a year ago

New method revolutionizes financial accounting with IT optimization for better decisions.

Efficiency Analysis
Big Data Analytics
Time Series Forecasting
1 view
Business, Management and Accounting
a year ago

Streamlined Accounting Empowers Universities to Boost Transparency and Efficiency

Management Control
IT-Business Alignment
3 views
Business, Management and Accounting
6 years ago

Accurate Financial Reporting Empowers Businesses to Make Informed Decisions, Boosting Economic Prosperity

Management Control
2 views

The article discusses how Ukraine is modernizing its public sector accounting system to meet international standards. The researchers used analysis and comparison to study the implementation of accounting standards in budgetary institutions. They found that modernized financial statements help improve information quality for users and allow institutions to participate more effectively in the global economy. However, challenges remain in aligning financial statements with budget reports in the public sector.