AN ACCOUNT OF CURRENCY OPERATIONS IS IN CONTEXT FOREIGN ECONOMIC ACTIVITY OF ENTERPRISES

Journal Title: Схід - Year 2016, Vol 146, Issue 6

Abstract

A slight stabilization of some macroeconomic indicators Ukraine in conditions of long-term preservation of structural imbalances in the domestic economy against the background of global economic recovery, reduce consumer demand in the global markets combined with the devaluation of the hryvnia no reason to conclude that ensure the sustainability of enterprises to the likely financial and economic turmoil. Given this situation, the article identifies the main problems of accounting of foreign exchange transactions in Ukraine through the prism of foreign software security. At present actualized issue integration into the European economic space, which leads to aggravation of the issue of financial payments in foreign currency and their reflection in the accounting business. Stand unstable economic situation in the domestic market of Ukraine leads the majority of domestic enterprises to shift to foreign markets. Foreign trade enterprises directly related to the riskiness and exposure to foreign shocks her, so constantly need to monitor the status of foreign security. Based on empirical research using the software package MS Excel, articles in the research and forecasting of external economic security of Ukraine and brought a further increase of this indicator in a strategic perspective. However, foreign financial and payment transactions engaged in enterprise involving consideration of exchange rate fluctuations, in which there are exchange differences significantly affect the financial results of the company. In order to improve the accounting currency transactions in the context of foreign trade enterprises proposed harmonization of national and international accounting systems using international standards in national accounting system and financial reporting.

Authors and Affiliations

Mariia Vinichuk

Keywords

Related Articles

JAPAN'S FOREIGN POLICY IN THE POST-SOVIET REGION (1991-2016)

This article gives an outline of conceptual foundations of Japan's political course towards the post-Soviet states and analyzes evolution of its foreign policy in the region since the collapse of the Soviet Union until P...

The concept of "Russian World" as a demonstration of symphony religion and power

The article is devoted to the concept of "Russian World" as one of the main manifestations of symphony religion and power in modern Russian Orthodoxy. It is proved that the religious-political construct of "symphony of s...

Cyborg as a cyborgizated human being: the philosophical thought experiment in film 'Robocop' (2014)

The study analyzes a philosophical thought experiment conducted in film 'Robocop' (2014). The film models the situation within which a human being is transformed into a cyborg, human-robotic hybrid, and explores differen...

INFORMATION WAR. THE USA AND GREAT BRITAIN DURING WORLD WAR II (1939 - 1945)

In the current development context of the political world such phenomenon as 'information war' is used by numerous states as an instrument for implementation of their foreign policy. The outset of information war can be...

THE PHENOMENON OF THE UKRAINIAN REVOLUTION OF 1917-1921 IN AWARENESS-RAISING ACTIVITIES OF THE RUSSIAN FEDERATION

Based on exploration of activities of the joint Russian-Ukrainian historical commission, the paper addresses the interpretation of events of the Ukrainian Revolution of 1917-1921 by historical schools and some researcher...

Download PDF file
  • EP ID EP424860
  • DOI 10.21847/1728-9343.2016.6(146).90940
  • Views 237
  • Downloads 0

How To Cite

Mariia Vinichuk (2016). AN ACCOUNT OF CURRENCY OPERATIONS IS IN CONTEXT FOREIGN ECONOMIC ACTIVITY OF ENTERPRISES. Схід, 146(6), 16-19. https://europub.co.uk/articles/-A-424860