Regulations for accounting
When providing accounting support and consultations to clients we use a variety of laws, lawbooks, regulatory documents. Below are some of them.
National legislation:
- Constitution of Ukraine
- Tax Code
- Labor Code
- Civil Code
- Criminal Procedure Code
- Criminal Code
- Commercial Code
- The Law of Ukraine «On state regulation of the securities market in Ukraine»
- The Law of Ukraine «About business societies»
- The Law of Ukraine «On the fee of mandatory state pension insurance»
National Thesis (Standards) of Accounting::
National Thesis (Standards) of Accounting – regulatory document approved by the Ministry of Finance of Ukraine, which determine the principles and methods of accounting and financial reporting, which does not contradict with international standards (IFRS). In Ukraine, as of February 1, 2012, 35 Thesis (Standards) of Accounting were approved:
- T(S)A 1 «General financial reporting requirements»
- T(S)A 2 «Balance sheet»
- T(S)A 3 «Income statement»
- T(S)A 4 «Cash flow statement»
- T(S)A 5 «Equity Report»
- T(S)A 6 «Correction of errors and changes in financial statements»
- T(S)A 7 «Fixed assets»
- T(S)A 8 «Intangible assets»
- T(S)A 9 «Stocks»
- T(S)A 10 «Receivables»
- T(S)A 11 «Liabilities»
- T(S)A 12 «Financial investments»
- T(S)A 13 «Financial instruments»
- T(S)A 14 «Rent»
- T(S)A 15 «Income»
- T(S)A 16 «Expenses»
- T(S)A 17 «Income tax»
- T(S)A 18 «Construction contracts»
- T(S)A 19 «Association of enterprises»
- T(S)A 20 «Consolidated financial statements»
- T(S)A 21 «The impact of changes in exchange rates»
- T(S)A 22 «Impact of inflation»
- T(S)A 23 «Related party disclosures»
- T(S)A 24 «Earnings per share»
- T(S)A 25 «Financial report of a small business entity»
- T(S)A 26 «Employee benefits»
- T(S)A 27 «Non-current assets held for sale and discontinued operations»
- T(S)A 28 «Decreased utility of assets»
- T(S)A 29 «Segment financial statements»
- T(S)A 30 «Biological assets»
- T(S)A 31 «Financial expenses»
- T(S)A 32 «Investment property»
- T(S)A 33 «Exploration costs of mineral reserves»
- T(S)A 34 «Share based payment»
- T(S)A 35 «Tax difference»
Other documents:
- Chart of accounts for the accounting of assets, capital, liabilities and business operations of enterprises and organizations
- Notes to the annual financial statements
- International Financial Reporting Standards as of 01.01.2012