БАГАТОРІВНЕВЕ ВРЯДУВАННЯ В РЕГУЛЮВАННІ ОБЛІКУ В НІМЕЧЧИНІ: СТРУКТУРА ТА ДІЯЛЬНІСТЬ КСБО НІМЕЧЧИНИ.

Introduction. Multi-level governance, which has become a standard for regulation of accounting in the leading jurisdictions around the world, requires research into models of its application in terms of comparability between countries and in terms of their application in Ukraine. On behalf of use of such models in Ukraine it is important to study the experience of continental Europe's countries, which, unlike their Anglo-Saxon counterparts had similar legal system to our country. Purpose. The goal we have been following was to analyze and give detailed description of private sector accounting regulator in Germany, to determine the main features of this model, which distinguish it from others in the context of the application of similar systems in Ukraine. Additional goal was to raise awareness of the difference between the terms "management" and "governance" which often are used interchangeably in today's Ukraine. Methods. We used monographic method to depict the views of researchers on multi-level governance and regulation of accounting in Germany: the method of analysis of documents, analysis and method of abstraction to identify the main characteristics and features of accounting regulation models in Germany; dialectical logic and abstract-logical method to synthesize research results and drawing conclusions. Results. Organizational structure, membership, main functional responsibilities of governing bodies, and due process of technical committees of Accounting standards committee of Germany have been ascertained. The key features of multi-level governance is given, the differences between the terms "governance" and "government" is defined. It is proved that ASCG meets all criteria inherent in multilevel models of accounting regulation. The use of such a regulatory system in Ukraine is recommended. Discussion. We support the contention that use of a similar model of multilevel governance of accounting in Ukraine would lift regulation of accounting at the level that would be harmonized with the economic environment of the country's demonopolised from state influence environment and would lead towards convergence of financial reporting in Ukraine on all three levels of convergence established by New Institutional accounting. [ABSTRACT FROM AUTHOR]