PUBLIC INTEREST ENTITIES IN EUROPE AND UKRAINE: ADAPTATION OF CRITERIA TO THE ACTIVITIES OF CONSTRUCTION COMPANIES AND THEIR ACCOUNTING SYSTEMS
DOI:
https://doi.org/10.31713/ve4202119Keywords:
public interest entities, criteria, the definition, construction company, activity.Abstract
The economic essence of public interest entities is investigated. The definition of requirements to their functioning is analyzed. Review of identification of public interest entities across EU Member States, Iceland and Norway is made. Requirements for accounting and reporting of construction companies of public interest, defined by Law of Ukraine «On Accounting and Financial Reporting in Ukraine» № 996-XIV are considered.The results of 2014 Audit Reform in more harmonized and reduced definitions of public interest entities applicable across Europe are established. The characteristics of modern neo-institutionalism, under conditions of which the construction companies operate are researched.References
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