Suholytka N. Accounting and audit of the termination activity juridical persons

Conceptual bases of accounting in operations connected with enterprises activity subject to termination are studied; economic essence of such concepts as "termination of juridical person's activity", "reorganization", "bankruptcy" is disclosed, as well as that of the genesis of accounting procedures connected with enterprise activity cessation; critical analysis of existing definitions is carried out while the author's definitions are suggested, the ones that would take into consideration accounting objectives; the place of liquidation procedure in the enterprise vitality cycle is defined. The accounting methods and methodology applicable for Ukrainian trading enterprises activity under cessation are substantiated, as well as the role and the place of accounting in liquidation procedures are defined. The author's concept of liquidation procedure audit is presented, as well as the methods for checking it up. The studies basic results were applied in the work of regional Chernivtsi and Ivano-Frankivsktrading enterprises, as well as introduced into educational process of Chernivtsi Trade and Economics Institute of Kyiv University for Trade and Economics.