THE PECULIARITIES OF CALCULATION AND RECORDING IN ACCOUNTING ASSISTANCE OF TEMPORARY DISABILITY DURING 2015 AND THE PROSPECT OF FURTHER REFORMING SOCIAL SECURITY IN UKRAINE

• Main Author: Yanina Nikitina
• Format: Article
• Language: English
• Published: Izdevnieciba “Baltija Publishing” 2015-11-01
• Series: Baltic Journal of Economic Studies
• Subjects: accounting of financial support; average wage; charges aid; insured person; the normative legal regulation; social insurance
• Online Access: http://www.baltijapublishing.lv/index.php/issue/article/view/46/51

The aim is to investigate the influence of legislative changes on the process of calculation of temporary disability and reflection of such transactions on accounts of bookkeeping with the aim to predict future directions of development and formation the system of social insurance for temporary disability in Ukraine. The method of data analysis on the amount of financial support when there is the temporary disability with regard to various legal conditions made it possible to research the consequences of the implementation of certain regulations. Methodology of the research is made through comparison of the size of financial compensation when the insurance case happen in three different legally controlled conditions that varied in Ukraine during the current 2015. The results are represented with linear schedule. Results of the research show the reasons and economic consequences of implementation of existing legislation of July 4, 2015 and enable to predict future changes on the way of establishing the uniform rules of social insurance for temporary disability and implementing health insurance in Ukraine. The main directions of possible reforms in refund of lost earnings were also considered. In particular, there is an example of reflection of insurance case and the loss of efficiency calculation aid through case study. Today the social insurance system in Ukraine undergoes significant changes with the aim to improve and adapt to global trends. Implementation of accounting various areas and spheres undergoes constant change towards optimization ensuring compliance with the basic principles of accounting, better reflection and recording accounting events, consistency and clarity of registration credentials, transparency and simplification of calculation and charging of various accounting indicators. The practical significance of the research is the detailed description of the process of calculating financial aid from the temporary disability depending on length of service employee, and display of the received sums of money on accounts in different periods in 2015. Value/originality. The results of this research allow to structure accounting information according to the process of calculating monetary aid on disability and create a basis for further researches and prolonging reforms of social security in Ukraine, according to proposed directions.