Abstract:

The survey was designed to show whether accounting professionals perceive the need to improve accounting, including improving the quality of financial statements as an end result of corporate accounting. The results of the survey indicate that the majority of those involved directly or indirectly in accounting believe that accounting needs improvement. A very small proportion of respondents felt that accounting does not need improvement. Accounting regulations are perceived as ambiguous, allowing for arbitrary decisions, and unfortunately perceived as not good due to little convergence with tax regulations. Respondents also noted the problem of falsification of financial statements, indicating that they had encountered or heard of falsification of accounts. At the same time, an equally large group of respondents considers financial statements to be as reliable as necessary.