Annual Pan-Ukrainian Accounting Congress

Annual Pan-Ukrainian Accounting Congress
12 July 2011
Annual Pan-Ukrainian Accounting Congress

MFSI/IBSER Shares Experience of PPB Implementation at the Fifth Pan-Ukrainian Accounting Congress

     The Fifth Annual Pan-Ukrainian Accounting Congress was held in Yalta on 8 through 12 July 2011. On the invitation of the event sponsors and as part of its information partnership, the MFSI Project took part in the Congress proceedings.
      The Congress brought together more than 400 representatives from the Ministries of Finance, Social Policy, Health, Education and Science, Youth, and Sports, Culture, Agrarian Policy and Food, the Principal Control and Audit Directorate of Ukraine, State Tax Service, Pension Fund, State Treasury, State Committee for Water Economy, the non-governmental sector, and others.
      The event was devoted to discussing issues regarding the implementation of reform in the system of accounting, taxation, education and qualifications of Ukrainian accountants and financiers, in particular, the issues of improving the legislative and normative regulation in the field of accounting, taxation, labor remuneration, and social security, raising the efficiency of using public funds.
     The timeliness of this year’s convention was due to that a significant proportion of Ukrainian companies are facing financial crisis today, which is manifested in the crisis of payments, on the one hand, and loss-bearing operations, on the other hand. The budget requires special attention and effort in order to improve fiscal policy, the and efficient use of budget resources, and State property. Group sessions, which took place as part of the Congress, were devoted to discussing these issues.
      IBSER/MFSI delivered a presentation on possible directions for improving the efficiency of using the budget funds and State property based on Performance Program Budgeting. The presentation was met with keen interest by the Congress participants, who came to the conclusion about the need to support PPB introduction at all phases of the budget process.