УКР РУС ENG

Search:


Email:  
Password:  

 REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

KHARKIV NATIONAL ECONOMIC UNIVERSITY, UKRAINE

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

 PUBLISHER

INZHEK PUBLISHING HOUSE (KHARKIV, UKRAINE)

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Thematic sections of the journal

Proceedings of scientific conferences



BUSINESS INFORM №6-2014

The title and content

ABSTRACTS AND INFORMATION ABOUT AUTHORS

49

Section: Accounting and Auditing
UDC 657.372.2
Kovach S. I.
The Concept of Materiality in Accounting and Reporting (p. 284 - 288)

The article highlights the theoretical foundations of the concept of materiality in accounting and reporting, and practical recommendations for its use. In Ukraine, the legal regulation of materiality is performed by the Ministry of Finance, it is one of the subjects of importance. Management of the company, as a subject of materiality, decides on the materiality of accounting information, establishing quantitative or qualitative characteristics of materiality, as a rule, in accounting policies. Objects of importance are the activity of the enterprise as a whole, individual business transactions and accounting entities, the financial statements. Ministry of Finance recommended the quantitative characteristics of materiality by establishing materiality thresholds for the objects of accounting and business operations and of the financial statements. Essence is used exclusively for each enterprise – a business entity with the advice of the Ministry of Finance, but in any case should be guided by professional considerations, without exceeding the maximum size of recommended thresholds of materiality. Lack of a clear methodology for determining materiality, on the one hand, promotes the use of the concept of materiality in specific conditions, on the other – reduces the comparability of financial statements.
Keywords: materiality, threshold of materiality, accounting policy, accounting, financial reporting, accounting information
Fig.: 1. Tabl.: 4. Bibl.: 8.

Kovach Svitlana I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting, Analysis and Audit, Kyiv National Economic University named after V. Hetman (54/1 Peremohy Ave., Kyiv, 03057, Ukraine)
Email: [email protected]

Article is written in Ukrainan
Downloads/views: 227

Download article (pdf) -

Reference to this article:
Kovach, Svitlana I. (2014) “The Concept of Materiality in Accounting and Reporting.” Business Inform 6:284–288.


1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 |

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences


 OUR PARTNERS


Journal «The Problems of Economy»

Journal «Economics of Development»

  © Business Inform, 1992 - 2022 The site and its metadata are licensed under CC BY-SA. Write to webmaster