ACCOUNTANTS CERTIFICATION AS LONG WAY FROM BOOKKEEPERS TO CERTIFIED ACCOUNTANTS: EXPERIENCE FOR UKRAINE

Authors

  • O. Dluhopolskyi Ternopil National Economic University, Ukraine
  • A. Farion-Melnyk Ternopil National Economic University, Ukraine
  • M. Farion Ternopil National Economic University, Ukraine
  • O. Ronska Ternopil National Economic University, Ukraine
  • L. Marushchak Ternopil Ivan Puluj National Technical University, Ukraine

DOI:

https://doi.org/10.18371/fcaptp.v2i33.206559

Keywords:

accounting, certified accountants, international practice and audit, accountants performance, financial accounting, qualified professionals, financial information, reporting system, accounting organizations

Abstract

In the article there were considered the problematic aspects of accountants’ certification in Ukraine, as well as the relevance of professional certification as a universal tool for recognition of qualifications in accounting in professional circles and in the labor market. The most popular institutions and organizations which are specializing in the training of accounting professionals in the field of accounting ACCA, CIPA, IFA, CPA, CIMA, ITFA, CAP, CFA are cited. The problematic approaches to organization of education in the country are analyzed in comparison with the international experience, where higher education is not required for the professional activity of accountant, but the emphasis are made on proceeding of professional development. The reasons for the lack of readiness of enterprises and companies to finance training programs for improving the skills of accountants and obtaining certificates are justified. A detailed analysis of the functional differences in work between traditional and certified accountants has been carried out. It has proved that the key indicator that can confirm the qualification and professional training of an employee in all aspects of accounting according to International standards is a relevant certificate, which is not only recognized by international accounting experts, but also the fundamental basis for creating a confidence base for foreign investors and business-partners.

Author Biographies

O. Dluhopolskyi, Ternopil National Economic University

Doctor of Economics, Professor

A. Farion-Melnyk, Ternopil National Economic University

Ph. D. in Economics, Associate Professor

M. Farion, Ternopil National Economic University

Ph. D. in Economics, Associate Professor

O. Ronska, Ternopil National Economic University

Ph. D. in Economics, Associate Professor

L. Marushchak, Ternopil Ivan Puluj National Technical University

Ph. D. in Economics, Associate Professor

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Published

2020-06-30

How to Cite

Dluhopolskyi, O., Farion-Melnyk, A., Farion, M., Ronska, O., & Marushchak, L. (2020). ACCOUNTANTS CERTIFICATION AS LONG WAY FROM BOOKKEEPERS TO CERTIFIED ACCOUNTANTS: EXPERIENCE FOR UKRAINE. Financial and Credit Activity: Problems of Theory and Practice, 2(33), 93–106. https://doi.org/10.18371/fcaptp.v2i33.206559

Issue

Section

The topical questions about the development of finance, account and audit