Abstract:

Conceptual framework for accounting, which reflects the peculiarities of forming the theory, methodology and practice of science, taking into account the needs of the national economy in the relevant information, is researched. The integrity of the conceptual framework for the theory and methodology of accounting in modern terms is generalized in the institutional model of accounting, which separates new objects of accounting and provides a new characteristic to existing objects. The most significant influence on the formation and development of the national conceptual framework for accounting and reporting is carried out by political, legal and social institutions.