With the economic relationships being, as evolved, as they are today, the need for further development of the concept of intellectual capital is gaining particular relevance as it is the key factor that determines the diff erence between companies' market and book values, and corporate social responsibility levels. Th e objective of the research is to fi nd the key gaps and shortcomings in the existing approach to intellectual capital accounting and reporting, and to propose appropriate solutions relevant to fully meet the information needs of stakeholders regarding the capitalization of costs associated with the creation of internally generated intangible assets, maintaining records of personnel-related costs. Th e authors propose a technique for data completeness analysis, which allows evaluating the quality of non-fi nancial report (on the scale from 1 to 268, were the 268 is the most informative report) by taking in consideration the contents of information provided in the companies' reports under each of 32 disclosure items grouped into eigth content elements. Disclosure items developed are based on the assessment of possible information wich can be provided in non-fi nancial reports. Ten Ukrainian businesses operating across diff erent sectors of the economy which published their corporate social responsibility reports have been evaluated by using the proposed technique and the received total rate is from 24 to 150 points.

Diversity of corporate reputation understanding concepts complicates its comprehensive reflection in financial statements. This paper presents the study results on the influence of stakeholder perception of financial performance on corporate reputation. The goal of this article is to identify the signs of maximizing the value of corporate reputation by analyzing public companies' financial performance. We have determined that company's commercial success and its business model prospects becomes the evidence of the corporate reputation's financial component, which is formed simultaneously under the influence of the stakeholder perception. The analysis results lead us to the conclusion that the corporate reputation's financial component is more sensitive to investors' perception rather than to consumers' perception. This is because analysis of financial statements is an important stage in making investment decisions. Instead, consumer commitment is formed by mostly non-financial factors. In our conclusions, we suggest modernizing the existing accounting approaches to intangible assets that will strengthen the image and corporate reputation, increase company's market capitalization and improve its investment attractiveness.

Introduction. The transition to digital technologies stimulated the emergence of new accounting objects in the form of digital assets whose features are problematic for being displayed in a rather tightly regulated system of accounting and reporting standards. In the context of emerging new ways of using crypto assets in business practice and increasing the volume of transactions with them, accounting has problems with displaying digital assets in part of confirming their controllability, their assessment at various stages of the life cycle, and identification of participants of cryptocurrency transactions. The paper deals with impact of economy digitalization on accounting methodology in the context of the Industry 4.0, in particular, the prospects for a separate display of digital assets in financial statements. Purpose. This article is aimed at the systematic substantiation of the exclusive status of digital assets as a fundamentally new accounting object in order to further develop, on this basis, the strategy for the development of their accounting and displaying them in the companies’ reporting. Methods. The paper contains a critical analysis of scientific publications devoted to the essence, status and features of the digital assets’ use, as well as the formation of information about them in the accounting and financial statements. The authors have carried out a bibliometric analysis of the frequency of use of terminology in the field of digital assets with the help of special software (VOSviewer and Google Trends). Results. The authors have developed a taxonomy of digital assets based on the use of distributed ledger technology and cryptography. The paper also explores the issue of the differentiated application of existing valuation bases for various types of digital assets. The article systemizes approaches to the deanonymization of participants in transactions with crypto assets which are used to control their origin and the legal regime of applying, for the purpose of rational organization and accounting of them. Conclusions. There is a need to introduce a separate standard designed to regulate accounting and display of digital assets in financial statements, in order to provide stakeholders with relevant information in the process of making managerial and investment decisions.

Abstract. Introduction. The study is important due to risks occurring in the company's accounting system. Risks are caused by a complex of external and internal threats for business. The purpose of the article is to suggest and improve the classification of risks in accounting theory and finance. Methods. The methods of accounting, probability theory, financial management and financial analysis are used in the paper. Results. The author undertakes a critical analysis of the essence of risks in finance and accounting. The author has offered his definition of risks. The study reveals many classifications of risks on various features and proposes own grouping of risks in the accounting system of the enterprise which is based on the proposed classification. The article deals with a system of indicators which can be used to predict the presence of external and internal risks to the company. Identification of risks in the system of accounting within the author approach has been realised to the regional energy supplier PJSC «DTEK Dniproenergo». It has been found that in 2013-2014 the risks of external and internal character were growing. Conclusions. A critical analysis of risks, its classification by different features and identification of risks enable managers to increase the quality of data in financial and non-financial statements. This, in turn, improves the management system of companies. Keywords: Risks; Accounting Risks; Identification of Risks; IFRS; Corporate Social Reporting JEL Classification: D81; G32; M41 DOI: http://dx.doi.org/10.21003/ea.V159-21 Дерун І. А. кандидат економічних наук, асистент кафедри обліку та аудиту, Київський національний університет імені Тараса Шевченка, Київ, Україна Ідентифікація ризиків у системі бухгалтерського обліку підприємства Анотація. У статті надано критичний аналіз сутності ризику та сформульовано авторське визначення цього поняття з позицій теорії бухгалтерського обліку. Запропоновано групування ризиків за різними ознаками та наведено власну класифікацію ризиків у системі бухгалтерського обліку за видовою ознакою. Визначено систему показників, за допомогою якої можна спрогнозувати наявність зовнішніх та внутрішніх ризиків підприємства. Ключові слова: ризики; ризики бухгалтерського обліку; ідентифікація ризиків; МСФЗ; соціальна корпоративна звітність.Дерун И. А. кандидат экономических наук, ассистент кафедры учета и аудита, Киевский национальный университет имени Тараса Шевченко, Киев, Украина Идентификация рисков в системе бухгалтерского учета предприятия Аннотация. В статье представлен критический анализ сущности риска и сформулировано его авторское определение с точки зрения теории бухгалтерского учета. Предложены группирования рисков по совокупности различных признаков, а также предложена собственная классификация рисков в системе бухгалтерского учета по видовому признаку. Определено систему показателей, с помощью которой можно спрогнозировать наличие внешних и внутренних рисков предприятия. Ключевые слова: риски; риски бухгалтерского учета; идентификация рисков; МС...

No abstract

No abstract

Investor attracting and keeping requires both successful management of a company’s financial performance and an investor’s behavior knowledge, as well as monitoring of stock market current trends. This paper contains the study results on the influence of public companies’ financial performance on Tobin’s q as a common measure of investment opportunity for dividend (income) investors and growth investors in conditions of competition and financing limitations. The goal of this article is to identify the financial performance indicators of public companies, influencing their Tobin’s q, for dividend (income) investing and growth investing respectively. We determined that the proxies for the variables of the Tobin’s q function should be different for different investment styles. For this reason, we composed two sets of financial ratios that reflect financial performance specifics of dividend (income) stock companies and growth stock companies for the quantitative assessment of these investor types’ preferences. The analysis results led to the conclusion that a company can attract attention of dividend (income) investors by demonstrating higher levels of dividend payments. Whereas, growth investors are sensitive to the level of company’s business activities, which is related to its revenue. Based on the results of this study, we believe that investment decisions’ successfulness depends on the reliability of the issuer’s financial statements. In our conclusions, we suggest that public companies’ managers focus on the financial performance that best correlate with the preferences of certain type of investors, which is a promising way to attract and keep their investors.

No abstract