FUTURE SCENARIOS AND FORECASTS FOR THE EVOLUTION OF ACCOUNTING AND AUDITING IN UKRAINE POST-WAR

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Published: 2025-06-20
DOI: https://doi.org/10.46281/bsdht986
Keywords:
Accounting Transformation, Post-Conflict Recovery, Financial Transparency, Auditing Methodologies, Economic Resilience, Forecast, Auditing, Ukraine

Main Article Content

Nataliia Ponomarova
Associate Professor, Department of Accounting, Audit and Taxation, Faculty of Economics and Management, Khmelnytskyi National University, Khmelnytskyi, Ukraine
https://orcid.org/0000-0002-4076-246X
Alla Mykhalkiv
Associate Professor, Department of Accounting, Analysis and Audit, Faculty of Economics, Yuriy Fedkovych Chernivtsi National University, Chernivtsi, Ukraine
https://orcid.org/0000-0002-9195-7726
Tetiana Kostash
Associate Professor, Department of Accounting, Analysis and Audit, Faculty of Economics, Yuriy Fedkovych Chernivtsi National University, Chernivtsi, Ukraine
https://orcid.org/0000-0001-9027-7043
Vasyl Andrusiak
Associate Professor, Department of Accounting and Taxation, Faculty of Economics and Entrepreneurship, Uman National University, Uman, Ukraine
https://orcid.org/0000-0003-3477-7515
Olena Dovzhyk
Associate Professor, Department of Accounting and Taxation, Faculty of Economics and Management, Sumy National Agrarian University, Sumy, Ukraine
https://orcid.org/0000-0001-6547-1418

Abstract

Scenario analysis is widely applied in strategic economic planning to explore alternative futures under varying assumptions and uncertainties. Originating from decision theory, systems thinking, and complexity science, it supports informed judgment in uncertain environments. Despite its broad application, previous research on accounting and auditing reforms has predominantly concentrated on stable economies, with minimal emphasis on countries recovering from conflict. This study examines the future trajectories of accounting and auditing practices in post-war Ukraine using a scenario analysis framework. Data were collected through the Delphi method, incorporating expert interviews and survey questionnaires. Analytical techniques included the Statistical Package for the Social Sciences (SPSS) and Partial Least Squares Structural Equation Modelling (PLS-SEM), supplemented by bootstrapping for result validation. The analysis reveals that Scenario 1, referred to as "Digital Reinvention," has a statistically significant impact on the projected development of accounting and auditing in Ukraine's post-war context. In contrast, Scenarios 2 and 3, labeled "Gradual Compliance" and "Regulatory Stagnation," do not exhibit significant associations with the evolution of the field. The findings indicate that the three exogenous variables together explain approximately 41.2% of the total variance in the endogenous variable, demonstrating a moderate predictive capacity of the model. This suggests that Ukraine’s post-conflict financial landscape is likely to be influenced predominantly by digital transformation, institutional modernization, full adoption of International Financial Reporting Standards (IFRS), and the implementation of artificial intelligence and blockchain technologies to enhance financial transparency and audit reliability in the emerging economic environment.


JEL Classification Codes: F20, M10, D24.     

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Vol. 10 No. 4 (2025): Continuous Publication

Section

Research Paper/Theoretical Paper/Review Paper/Short Communication Paper
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This work is licensed under a Creative Commons Attribution 4.0 International License.

Author Biographies

Nataliia Ponomarova , Associate Professor, Department of Accounting, Audit and Taxation, Faculty of Economics and Management, Khmelnytskyi National University, Khmelnytskyi, Ukraine

Dr. Natalia Ponomarova is an Associate Professor in the Department of Accounting, Audit, and Taxation at the Faculty of Economics and Management, Khmelnytskyi National University, Ukraine. With over 20 years of academic experience, including 15 years in her current position, she has established herself as a leading scholar in the field of accounting and auditing. She earned her PhD from the State Academy of Statistics, Accounting and Auditing under the State Statistics Committee of Ukraine in Kyiv, defending a dissertation on the topic “Accounting and Auditing of Securities,” focusing on joint-stock companies in the machine-building sector. Dr. Ponomarova is a certified auditor and holds an ACCA Diploma in International Financial Reporting (DipIFR). She is the author and co-author of 15 monographs and textbooks and has published over 130 scholarly works, including approximately 50 articles in peer-reviewed journals indexed in international databases such as Scopus and Web of Science. Her research interests encompass a wide range of contemporary issues, including the accounting and auditing of corporate securities, valuation and reporting of intellectual property and capital, digital transformation in accounting practices, sustainability reporting and assurance, and the evolving challenges of accounting and taxation in the context of Ukraine’s post-war economic recovery. 

Alla Mykhalkiv , Associate Professor, Department of Accounting, Analysis and Audit, Faculty of Economics, Yuriy Fedkovych Chernivtsi National University, Chernivtsi, Ukraine

Dr. Alla Mykhalkiv is a PhD in Economics and serves as an Associate Professor in the Department of Accounting, Analysis, and Audit at the Faculty of Economics, Yuriy Fed’kovych Chernivtsi National University, Ukraine. With over 18 years of academic experience, she has dedicated her career to teaching and research in the fields of international accounting standards, financial reporting, and taxation practices in foreign countries. Her scholarly interests also extend to the historical development of accounting. Dr. Mykhalkiv is actively involved in the professional community as a member of the International Educators and Scientists Foundation and the NGO "Federation of Auditors, Accountants and Financiers of the Agricultural Industry of Ukraine," reflecting her commitment to advancing the field of accounting both in Ukraine and internationally.

Tetiana Kostash , Associate Professor, Department of Accounting, Analysis and Audit, Faculty of Economics, Yuriy Fedkovych Chernivtsi National University, Chernivtsi, Ukraine

Dr. Tetiana Kostash is a PhD in Economics and serves as an Associate Professor in the Department of Accounting, Analysis, and Audit at the Faculty of Economics, Yuriy Fedkovych Chernivtsi National University, Ukraine. Her academic work is centered on the development of accounting theory and methodology, particularly as it relates to enhancing information systems for enterprise management. With a strong foundation in both research and teaching, Dr. Kostash contributes to advancing the role of accounting as a vital tool for informed managerial decision-making.

Vasyl Andrusiak , Associate Professor, Department of Accounting and Taxation, Faculty of Economics and Entrepreneurship, Uman National University, Uman, Ukraine

Dr. Vasyl Andrusiak is an Associate Professor in the Department of Accounting and Taxation at the Faculty of Economics and Entrepreneurship, Uman National University, Ukraine. With more than 25 years of professional experience as a lecturer, academic leader, and expert in accounting and auditing, he has made significant contributions to the advancement of accounting education and practice in Ukraine. His research focuses on the modernization and improvement of accounting and auditing systems, with particular emphasis on the role of digital technologies in transforming these fields. Dr. Andrusiak is actively engaged in promoting innovation and development within Ukraine’s accounting and auditing landscape, especially in the context of contemporary technological advancements.

Olena Dovzhyk , Associate Professor, Department of Accounting and Taxation, Faculty of Economics and Management, Sumy National Agrarian University, Sumy, Ukraine

Dr. Olena Dovzhyk is an Associate Professor in the Department of Accounting and Taxation at Sumy National Agrarian University, where she has served since 2013. She holds a Specialist degree in Accounting from the same university and earned her PhD in Economics in 2011 with a dissertation titled “Organizational and Economic Foundations of Increasing the Efficiency of the Functioning of Agricultural Enterprises.” Dr. Dovzhyk is a member of the Public Organization "Professional Organization of Auditors, Accountants and Teachers of ACD" and has made significant contributions to the field through her research and publications. She has authored over 60 scholarly works, including more than five articles published in international journals indexed in Scopus and Web of Science. Her primary areas of research include the improvement of accounting systems in the digital economy and the unique challenges of social accounting. She is also the head of the scientific research project "Accounting Aspects of Socially Responsible Activity as an Information Basis for the Sustainable Development of the Enterprise," reflecting her strong commitment to integrating sustainability and accountability into modern accounting practices.

How to Cite

Ponomarova , N. ., Mykhalkiv , A. ., Kostash , T. ., Andrusiak , V. ., & Dovzhyk , O. . (2025). FUTURE SCENARIOS AND FORECASTS FOR THE EVOLUTION OF ACCOUNTING AND AUDITING IN UKRAINE POST-WAR. Bangladesh Journal of Multidisciplinary Scientific Research, 10(4), 42-51. https://doi.org/10.46281/bsdht986
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