Another issue of scientific journal Vol.30 No.1 2024 has been published

Ukrainian (UA)English (United Kingdom)

Other Categories

Вхід / реєстрація



We are in Facebook

Votes

How did you find on our site?
 

IFRS reporting in the conditions of digitalization of business processes

Title: 


IFRS reporting in the conditions of digitalization of business processes


Authors: 


KILYAR, Oleksandra
SYNKEVYCH, Nadiya


Affiliation: 


Ternopil Ivan Puluj National Technical University, 56 Ruska str., Ternopil, 46001, Ukraine


Bibliographic description (International): 


Kilyar, O. & Synkevych, N. (2021) Zvitnist za MSFZ v umovakh didzhytalizatsii biznes-protsesiv [IFRS reporting in the conditions of digitalization of business processes]. Sotsialno-ekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 25, no. 2, pp. 287-295. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2021/21kordbp.pdf


Journal/Collection: 


Scientific Journal "Socio-Economic Problems and the State"


Issue: 


2(25)


Issue Date: 


Nov-2021


Submitted date:

 

Oct-2021


Date of entry: 


5-Sep-2022


Publisher: 


Ternopil Ivan Puluj National Technical University


Country (code): 


UA


Place of the edition/event: 


Ternopil


ORCID Id: 


https://orcid.org/0000-0003-2344-5961


DOI:


UDC: 


https://doi.org/10.33108/sepd2022.02.287


657.37:005


JEL: 


M49


Keywords: 


digital technologies
financial reporting system
international financial reporting standards


Number of pages:

 

9


Page range: 


287-295


Start page: 


287


End page: 


295


Abstract: 


The article reveals the features of the introduction of digital technologies in the processes of disclosure of financial statements and providing access to information about the financial condition of business structures to key stakeholders. Emphasis is placed on the essence of the concept of taxonomy and generalized approaches to the application of taxonomy of financial statements that are submitted in electronic format and compiled in accordance with the requirements of international standards. The requirements of normative-legal documents to the application of taxonomy of reporting are investigated. The peculiarities of the application of application software in the process of compiling and submitting reports, in particular the possibility of using documents in Inline XBRL format, are highlighted. The features of the international standard eXtensible Business Reporting Language, which is designed to present financial statements in accordance with international financial reporting standards in electronic form, are summarized. The role of state regulators and experts in the development of the taxonomy of UA XBRL IFRS is determined. The essence and functions of the Financial Reporting System and reporting algorithm in electronic taxonomy format UA XBRL IFRS 2020 are revealed. to the Financial Reporting Collection Center. The presented software products used in the Financial Reporting System in the context of the following groups are analyzed and grouped: software for compiling financial statements; software for validation (verification) of financial statements; software for signing financial statements. The problematic issues that arise in domestic businesses in the process of implementing the taxonomy of financial reporting UA XBRL IFRS and areas of further research are identified.


URI: 


http://elartu.tntu.edu.ua/handle/lib/38676


ISSN: 


2223-3822


Copyright owner: 


Scientific Journal "Socio-Economic Problems and the State"


URL for reference material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2021/21kordbp.pdf
https://zakon.rada.gov.ua/laws/show/v0102201-17#Text
https://ibuhgalter.net/material/1129/22660
https://zakon.rada.gov.ua/laws/show/996-14#Text
https://uk.wikipedia.org/wiki/


References (International): 


1. Memorandum pro vzayemorozuminnya shchodo rozrobky i zaprovadzhennya systemy finansovoyi zvitnosti vid 18.12.2017 r. № 102/15 Available at: https://zakon.rada.gov.ua/laws/show/v0102201-17#Text (accessed 08 Octovber 2021)
2. Ofitsiynyy vebsayt Fondu MSFZ www.ifrs.org (accessed 08 Octovber 2021)
3. Parokinna A., Taran I. (2021) Taksonomiya MSFZ ta iXBRL [Taxonomy of IFRS and iXBRL] Praktyka MSFZ [IFRS practice] (electronic journal) vol.4., hh. 56-64. Available at: https://ibuhgalter.net/material/1129/22660 (accessed 09 Octovber 2021)
4. Pro bukhhaltersʹkyy oblik ta finansovu zvitnistʹ v Ukrayini: Zakon Ukrayiny vid 16.07.1999 № 996-XIV. Available at: https://zakon.rada.gov.ua/laws/show/996-14#Text (accessed 05 Octovber 2021)
5. Taksonomiya. Vikipediya: veb-sayt. Available at: https://uk.wikipedia.org/wiki/(accessed 05 Octovber 2021)


Content type: 


Article


Appears in Collections:


Scientific Journal "Socio-Economic Problems and the State", Vol.25, No.2

pdf

 

Journal is indexed by:

google_scholar
elartu_en
wiki_en

Other useful links:
pbn
Пошук у EBSCO
 

Google translate

Ukrainian English French German Polish Russian