Lithuanian accounting development phases and tendencies
Journal Title: Zeszyty Teoretyczne Rachunkowości - Year 2016, Vol 2016, Issue 88
Abstract
The evolution of Lithuanian accounting has a long history and is rather complicated. It was influenced by different countries, especially by Tsarist Russia, Germany, France, Poland and the Soviet Union. Differ-ent factors had an impact and formed the Lithuanian accounting system, and they have defined develop-ment tendencies for it. The aim of this research is to investigate Lithuanian accounting development phases and tendencies. The research methods consist of analysing scientific papers of Lithuanian authors, a retrospective analy-sis, the historical approach, inductive and deductive methods, systematisation, comparison and a sum-mary of the information. From the chronological and historical perspectives, the following Lithuanian accounting development phases were distinguished: (1) accounting origin for the period of the Grand Duchy of Lithuania (1251–1795); (2) Lithuania’s accounting status during the period of occupation by Tsarist Russia (1795–1914) and World War I (1914–1918); (3) the condition and regulation of account-ing during the inter-war period (1918–1940) and World War II in Lithuania; (4) accounting organization and regulation during the Soviet occupation period in Lithuania (1944–1990); (5) accounting status and problems in Independent Lithuania (1990–2015). The article investigates the key elements of regulation, and the achievements and problems of each Lithuanian accounting development phase.
Authors and Affiliations
Jonas Mackevičius, Rasa Subačienė
Keywords
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- EP ID EP81766
- DOI 10.5604/16414381.1212005
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