The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises
The article discloses peculiarities of the methodology of determining the general influence of the first application of IFRS in the formation of financial statements on the financial status of enterprises (improvement, deterioration or absence of changes in financial status). It also evaluates the p...
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2018-06-01
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Online Access: | http://www.business-inform.net/export_pdf/business-inform-2018-6_0-pages-269_274.pdf |
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doaj-a6a3261911274b589663cb44fc18ae5c2020-11-25T00:29:49ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-06-016485269274The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of EnterprisesZasadnyi Bohdan A. 0Candidate of Sciences (Economics), Associate Professor, Candidate on Doctor Degree, Department of Accounting and Auditing, Taras Shevchenko National University of KyivThe article discloses peculiarities of the methodology of determining the general influence of the first application of IFRS in the formation of financial statements on the financial status of enterprises (improvement, deterioration or absence of changes in financial status). It also evaluates the preparation and reliability of financial statements for the first time prepared with use of IFRS in order to identify systemacity or formality. The author substantiates the statement that those enterprises whose financial status remained unchanged after the transition to the application of IFRS came from a formal position to transformational adjustments and application of conceptual principles in the formation of financial statements.http://www.business-inform.net/export_pdf/business-inform-2018-6_0-pages-269_274.pdfaccountancefinancial reportingfinancial status of enterprisesIFRSadaptation of IFRS |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Zasadnyi Bohdan A. |
spellingShingle |
Zasadnyi Bohdan A. The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises Bìznes Inform accountance financial reporting financial status of enterprises IFRS adaptation of IFRS |
author_facet |
Zasadnyi Bohdan A. |
author_sort |
Zasadnyi Bohdan A. |
title |
The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises |
title_short |
The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises |
title_full |
The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises |
title_fullStr |
The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises |
title_full_unstemmed |
The Methodology for Evaluating the Impact of Applying of IFRS on the Financial Status of Enterprises |
title_sort |
methodology for evaluating the impact of applying of ifrs on the financial status of enterprises |
publisher |
Research Centre of Industrial Problems of Development of NAS of Ukraine |
series |
Bìznes Inform |
issn |
2222-4459 2311-116X |
publishDate |
2018-06-01 |
description |
The article discloses peculiarities of the methodology of determining the general influence of the first application of IFRS in the formation of financial statements on the financial status of enterprises (improvement, deterioration or absence of changes in financial status). It also evaluates the preparation and reliability of financial statements for the first time prepared with use of IFRS in order to identify systemacity or formality. The author substantiates the statement that those enterprises whose financial status remained unchanged after the transition to the application of IFRS came from a formal position to transformational adjustments and application of conceptual principles in the formation of financial statements. |
topic |
accountance financial reporting financial status of enterprises IFRS adaptation of IFRS |
url |
http://www.business-inform.net/export_pdf/business-inform-2018-6_0-pages-269_274.pdf |
work_keys_str_mv |
AT zasadnyibohdana themethodologyforevaluatingtheimpactofapplyingofifrsonthefinancialstatusofenterprises AT zasadnyibohdana methodologyforevaluatingtheimpactofapplyingofifrsonthefinancialstatusofenterprises |
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1725329741303513088 |