Extrapolation of professional judgment in the accounting system: significance and impact on development

Introduction. In the process of making important management decisions, professional judgment accounting specialist is decisive. The novelty such an object as requires research for trend changes, effectiveness, risks its extrapolation, which have impact on development system, business, and profession itself.The purpose study to examine criteria prerequisites practical application effectiveness in context extrapolation economic activity entity, profession.Methods. researching applying accountant’s judgment, general scientific methodological techniques were used, particular induction deduction. Structural-logical semantic analysis - clarify associated with implementation well possible negative practice decisions. Grouping classification justify effective information based specialist.The base consists works domestic foreign scientists issues necessity, results materials international conferences, personal experience observations.Results. conditions are outlined. plane forming characterized, involves serious training a according modern approaches code ethics accountants, model national ethical recommendations. business analyzed.The analyzed, basis need further outlined, logical sequence prevails between principles, standards reporting, current regulatory regulation financial reporting Ukraine specialists.Perspectives. It expedient carry out direction expanding methodical studies regarding judgments.