Ozeran A. Harmonization of financial reporting in accordance with international standards and management requirements

The dissertation solves the scientific problem of harmonization of financial reporting in Ukraine with IFRS and formation reporting financial information for effective management. Based on the theory of asymmetric information and cybernetic approach, the information paradigm of financial reporting is formed; the conceptual framework of financial reporting and the factors that affect its quality parameters are investigated; the current state of the domestic financial reporting and possible areas of improvements aimed at enhancing its information content and usefulness are identified. The model of hybrid public and professional regulation of accounting and financial reporting is proposed. Methodological recommendations on formation of indicators of financial statements will improve an information base of financial management, as well as harmonization of financial reporting of domestic enterprises to international standards in order to create optimal conditions for the functioning of the world economy.