Economy, finances, management: Topical issues of science and practical activity


Issue №: 3 (65)

Published: 2023.09.24
DOI: 10.37128/2411-4413-2023-3

The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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DOI: 10.37128/2411-4413-2023-3-1
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PRAVDIUK Nataliia − Doctor of Economic Sciences, Professor, Head of the Department of Accounting, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: npravduyk@gmail.com).

LEPETAN Іnna – Candidate of Economic Sciences, Associate Professor of the Department of Accounting, Vinnytsia National Agrarian University (21008,Vinnytsia, 3, Soniachna Str., e-mail: lepetan_inna@i.ua).

KOVAL Liubov – Candidate of Economic Sciences, Associate Professor of Accounting Department, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: kovalstar@meta.ua).


In the article was substantiated the essence of blockchain technology, examines its role, significance and directions of use in various spheres of public life. It has been established that the reason for the widespread use of blockchain to optimize business processes in various fields of activity lies in the advantages of this innovative technology, in particular, decentralization, transparency and security of data storage through the use of cryptographic information security mechanisms. At the same time, it was found that blockchain technology, despite its advantages, has disadvantages associated with the high network energy consumption, insufficient data storage capacity, scalability problems, lack of standardization and legal regulation of its implementation in various sectors of the economy. It is substantiated that one of the most acceptable business processes for using blockchain is accounting, since this technology is based on the double entry method, known in accounting practice, in which each transaction is recorded twice in the same amount for each of the parties to the transaction. It was found that the use of blockchain technology leads to the emergence of the so-called triple-entry accounting method. It is substantiated that the introduction of blockchain technology into accounting practice will create the prerequisites for optimizing a number of routine accounting processes, save resources on accounting, ensure accuracy, transparency and security of data, reduce the risk of distortion of accounting information and will build trust in the accounting institution. Taking into account the functionality of blockchain technology, possible directions for its use in the field of accounting are proposed, in particular for maintaining operational accounting in real time, accounting for accounts payable and receivable, accounting for the movement of the assets within an enterprise, carrying out a multilateral audit of transactions by all participants with access to blockchain networks.

Keywords: blockchain, cryptocurrency, virtual assets, digital technologies, artificial intelligence, accounting, triple-entry accounting

List of references

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3. Liu, M., Wu, K., & Xu, J. (2019). How Will Blockchain Technology Impact Auditing and Accounting: Permissionless versus Permissioned Blockchain. Current Issues in Auditing, 13 (2), A19-A29. DOI: 10.2308/ciia-52540 [in English].

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6. Pilevych, D.S. (2020). Teoretyko-prykladni zasady vykorystannia blockchain-tekhnolohii v bukhhalterskomu obliku [Theoretical and practical principles of blockchain technology in accounting]. Problemy ekonomiky – Economic problems, 1, 267-274. DOI: 10.32983/2222-0712-2020-1-267-274 [in Ukrainian].

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14. Verheliuk, Yu. (2022). Potentsial vykorystannia blokchein tekhnolohii na finansovomu rynku [The potential of using blockchain technologies in the financial market]. Ekonomika ta suspilstvo – Economy and society, 38. DOI: 10.32782/2524-0072/2022-38-15. Retrieved from: https://economyandsociety.in.ua/index.php/journal/article/view/1605/1542 [in Ukrainian].

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19. Prokhorov, M. (2019). Yak blokchein zminyt bukhhalteriiu [How blockchain will change accounting]. bz.ligazakon.ua. Retrieved from: https://bz.ligazakon.ua/ua/magazine_article/BZ012012 [in Ukrainian].

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About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration


Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)


The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.


Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.


Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

The cost of printing one page in professional editions of the university is 60 UAH.

An additional copy of the magazine with the mailing list costs 450 UAH.

Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "

History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

According to the decision of National Council of Television and Radio Broadcasting of Ukraine from 25.04.2024 No. 1337 the scientific journal «Economy, finances, management: topical issues of science and practical activity» has the ID of the Media R30-05171.