№ 1/2018

№ 1/2018

Nauk. pr. NDFI 2018 (1): 131–143https://doi.org/10.33763/npndfi2018.01.131

ACCOUNTING AND TAXATION

YABLONKO Olena ¹

¹SESE "The Academy of Financial Management"
OrcID ID : https://orcid.org/0000-0002-5266-6467

The modern state of reporting structure of budgetary institutions

The article deals with the reporting structure, which is formed and submitted by the results of its activities in accordance with the current legislation budget institutions (the branch of higher education and science). The reporting of budgetary institutions, in terms of its economic content and purpose, is grouped into the following groups: financial reporting, budget reporting, implementation report of the budget program passport, statistical reporting, tax reporting and social and pension insurance reports. It is proved that each group reporting has its own purpose of the submission, depending on the users’ needs in the information. The reporting forms of budget institutions disclose information about different aspects of the institution’s activities, which is necessary for decision-making. The information disclosed by budget institutions in different reporting groups is systematized and summarized. The percentage correlation between the types of reporting made by budget institutions in 2017 is analyzed. Budget reporting (45,2 %) and reporting on state statistical observation (25,8 %) are the most significant in the reporting structure of budget institutions. The composition of the budget institutions’ reporting in 2017 compared to 2016 changed in favor of increasing the number of forms of financing (from 5,2 % to 8,1 %) and budget reporting (from 43,1 % to 45,2 %) in the overall reporting structure of budgetary institutions. It is determined that the growth of the number of forms of reporting of budgetary institutions, due to the growing needs of users in information to make managerial decisions. In order to further improve the reporting structure of budgetary institutions in the conditions of harmonization of accounting in the public sector, it is necessary to review the approaches to their classification and to analyze the indicators disclosed in such reports in order to ensure transparency and accountability for the use of budget funds.

Keywords:reporting, budgetary institutions, reporting structure, reporting indicators

JEL: Н83, М41, М48

Yablonko O. . The modern state of reporting structure of budgetary institutions / O. Yablonko // Наукові праці НДФІ. - 2018. - № 1. - C. 131-143.

Article original in Ukrainian (pp. 131 - 143)

Download

Downloads :218

1. Doroshenko, O. O. (2016). The transformation of public institutions balance sheet structure in the context of the modernization of the accounting system in the public sector. Collected Works of Uman National University of Horticulture, 88, 272–279 [in Ukrainian].
2. Zubilevy’ch, S. Ya., Poznyakovs’ka, N. M. (2016). New public sector national accounting standards: the application problems. Bulletin of National University of water and environmental engineering. Series: Economics, 2, 61–72 [in Ukrainian].
3. Iefymenko, T. I., Zhuk, V. M. & Lovinska, L. H. (2015). Information in crisis management: the global aspect of accounting standardization and financial reporting. Ky’yiv: DNNU “Akademiya finansovoho upravlinnya” [in Ukrainian].
4. Lovinska, L. H. (Ed.). (2013). Accounting reform in the public sector in accordance with international standards (Vol. 1). Ky’yiv: DNNU “Akademiya finansovoho upravlinnya” [in Ukrainian].
5. Ty’ty’kalo, V. S. (2017). Transformation of financial reporting of budgetary institutions in accordance with IPSAS. (Unpublished master’s thesis). Zhy’tomy’r [in Ukrainian].
6. Ministry of Finance of Ukraine. (2017). Procedure for filling in forms of financial reporting in the public sector (Order No. 307, February 28). Retrieved from zakon2.rada.gov.ua/laws/show/z0384-17 [in Ukrainian].
7. Ministry of Finance of Ukraine. (2012). Procedure for drawing up budget reports by managers and recipients of budget funds, reporting by funds of compulsory state social and pension insurance (Order No. 44, January 24). Retrieved from zakon2.rada.gov.ua/laws/show/z0196-12/page [in Ukrainian].