Modern development of management system of public finances in Ukraine: accounting segment in providing innovation and investment direction vector

Abstract

The article deals with the problems of innovation and investment development of public finances, their system of management and budget accounting as the basis of its information and analytical support. In the process of processing normative legal acts of the sphere of public finances, the main vectors, the tasks of modernizing the system of management of public finances and the role of budget accounting in the above-mentioned processes are identified as the basis of the information-analytical support of the system of management of public finances. The main results of the modernization of budget accounting in Ukraine and the transition to the accounting system in the sector of general government are presented. The general description of the main provisions of the Strategy for Reforming the Public Finance Management System for 2017–2020 is provided and the causal links of accounting performance in the general government sector and other components of the public finance management system are confirmed. The article makes conclusions on improving the innovation and investment climate of Ukraine's economy through the final realization of the goals and objectives of the above-mentioned normative document.

Authors and Affiliations

S. V. Svirkо

Keywords

Related Articles

Corporate governance effectiveness evaluation at an enterprise

On the base of the conducted research the article proposes the essence of the term «corporate governance» as a system of norms, rules, methods, principles and modern management tools, the use of which provides effective...

Institutional forms and state support for innovation and technological modernization of inter-farm and farm facilities in the area of drainage land-reclamation

In the context of approximation of European and domestic legislation and within the framework of the Association Agreement with the European Union, the issue of efficient use of water resources in the agro-industrial com...

Modern tendencies of financial stability of domestic industrial enterprises

The financial stability of an enterprise is one of the decisive criteria for its financial status and successful operation in general. The article analyzes the financial sustainability of industrial enterprises of Ukrain...

Mechanism of enterprise’s intellectual capital management

The article researches the features of intellectual capital as the object of management and presents the basic principles of its management in an enterprise. It summarizes the existing mechanisms of organizational manage...

Organization analysis of transaction costs

Managing of transaction costs provides availability of timely, reliable and sufficient information. That’s why, the organization and method of economic analysis of transaction costs should fit the inquiries of management...

Download PDF file
  • EP ID EP281524
  • DOI -
  • Views 93
  • Downloads 0

How To Cite

S. V. Svirkо (2018). Modern development of management system of public finances in Ukraine: accounting segment in providing innovation and investment direction vector. Вісник Житомирського державного технологічного університету. Серія: економіка, управління та адміністрування, 83(1), 56-65. https://europub.co.uk/articles/-A-281524