Purpose of research: grounding of the theoretical, organizational and methodical statements as well as the development of practical recommendations on improving accounting for financial results formation and profit distribution in joint stock companies under institutional changes, which will assist in the highest possible interest agreement of various groups of socio-economic partners when making decisions concerning profit distribution. Object of research: the accounting system in the part of reflecting the process of financial results formation and profit distribution in joint stock companies Subject of research: theoretical, methodical, organizational and practical issues of accounting for financial results formation and profit distribution in joint stock companies Methods of research: historical method, logical and gnoseological method, synthesis, analysis, induction, deduction, system approach, algorithm modeling, analogy, dialectical method. Scientific novelty of the results obtained lies in the grounding and solution of a number of issues, connected with accounting for financial results formation and profit distribution in joint stock companies. The most essential results, which characterize the scientific novelty and personal author's contribution, are the following: for the first time such issues have been obtained: accounting interpretation of the interests of socio-economic partners, their agreement at the development stage and accounting policy approval, accounting for financial results formation and profit distribution, financial report preparation, which assist in the meeting their information needs and provide the so called constructive dialog in social and economic sphere. The following issues have been improved: theoretical grounding of the interaction of the owners of factors of production and top management in the processes of financial results formation and profit distribution in the context of public agreement and the theory of agent relations through the recognition and reflection in accounting of contributions of each party, which allowed to determine the directions of profit distribution and to foresee them in the process of accounting support; approaches towards defining competences of the management staff dealing with the development and approval of accounting policy, influence of accounting factors on financial results formation by matching the reporting data and financial results adjusted to the influence of the accounting factors, which allow to identify their economically grounded magnitude with the purpose of justifying decisions on profit distribution; methodic support of accounting for transactions with financial results formation in joint stock companies by eliminating a number of costs, whose covering is done at the expense of profit, which will allow to increase the reliability and value of information about profit as the evaluation index; accounting and information support of the process of profit distribution in joint stock companies by developing the system of analytical accounts, which characterize the directions of profit distribution, which assist in meeting information needs of socio-economic partners. The following issues undergone further development: specification of the essence of "profit" as a result, obtained through the usage of employees' knowledge and skills, effective interaction between them under the influence of institutional changes, which allowed to define the circle of socio-economic partners, which make influence on profit formation and claim on getting its share; grounding of the influence of accounting factors on financial results formation and ways of profit distribution in joint stock companies by their systematization and grouping by the identification criteria (objective, subjective), which assists in the convergence of accounting and economic essence of the researched category with the purpose of efficient profit distribution; agreement of accounting principles with the principles of corporate management by laying down additional requirements to accounting for financial results formation and profit distribution (identification, accumulation, responsibility, quantification, obligatory distribution), following of which will increase the efficiency of information support of the process of financial results management in joint stock companies; grounding of the necessity of information disclosure on the influence of accounting factors on financial results formation and profit distribution in joint stock companies for avoidance of the information asymmetry by supplementing financial statements with additional indexes, which will lead to satisfaction of information needs of socio-economic partners and will correspond to the principle of full disclosure as well as the principles of corporate management. Implementation extent: research results have been implemented into the practice of PLC "Chernivetsky Bakery", PLC "Chernivetsky Brickworks № 3", PLC "Nonmetalliferous Plant "Nerudprom". Separate research results have been implemented in the educational process of Bukovina State Financial Academy
