COMPARATIVE ANALYSIS OF THE PECULIARITIES OF THE ACCOUNTING OF CAPITAL AND RESPONSIBILITIES IN UKRAINE AND POLAND

Abstract

A comparative analysis of the liability structure of the balance sheet and its features in Ukraine and Poland was conducted. The differences between the nature of equity in accordance with the Conceptual Framework of IFRS and the methodological basis for the formation of information on equity in the accounting records of Ukraine are revealed. The peculiarities of the concepts of «capital» and «liabilities» as components of accounting in Ukraine and Poland are investigated. The necessity of improving the accounting of capital and liabilities in the domestic economy is substantiated. The problematic aspects of the formation of balance sheet items and sources of funds for enterprises in Ukraine and Poland have been investigated. Also, the results of comparative comparison of Polish innovation and Ukrainian conservatism are presented. The ways of improvement of the methodology of accounting of own capital, long-term and shortterm obligations, which can be used in Ukrainian entrepreneurship for approximation to the norms of international standardization, are offered.