Harmonization of Financial and Economic Standards and Procedures of Ukraine and the EU in the Context of Forming the Financial Strategy of Domestic Enterprises

The aim of the article is to assess the harmonization of both Ukrainian and EU legislation, to substantiate ways of further adaptation of financial and economic standards and procedures in the field of forming the financial strategy of enterprises. The article considers the key aspects of harmonization of Ukrainian legislation with the standards and regulations of the European Union in the context of developing the financial strategy of enterprises. The main stages of forming the financial strategy of enterprises in Ukraine are highlighted, including the definition of financial goals, analysis of the financial condition, development of strategic directions of activity and control mechanisms. The regulation of this process through International Financial Reporting Standards (IFRS), laws and regulations, tax legislation, corporate governance standards and internal control is considered. A comparison of the regulation of the process of developing a financial strategy in Ukraine and in EU countries is carried out, highlighting the key differences and the need to adapt Ukrainian legislation to European norms. Aspects such as accounting and reporting, tax legislation, corporate governance, capital markets and banking regulation are considered. Specific directions for further harmonization of Ukrainian legislation with the EU are proposed. Among them: implementation of IFRS and ISA, protection of the rights of minority shareholders, implementation of MiFID II and CRD IV directives, approximation of VAT rates, strengthening anti-corruption measures, introduction of a restructuring directive. The prospects for further research on the harmonization of financial and economic standards and procedures of Ukraine with the EU, in the context of forming the financial strategy of enterprises, are to assess the impact of future changes and develop optimal strategies, identify problematic issues that arise during the practical application of current legislation.