Much has been written about the economic and political problems of
countries that are in the process of changing from centrally planned
systems to market systems. Most studies have focused on the economic,
legal, political and sociological problems these economies have had to
face during the transition period. However, not much has been written
about the dramatic changes that have to be made to the accounting and
financial system of a transition economy. This book was written to help
fill that gap. This book is the second in a series to examine accounting
and financial system reform in transition economies. The first book used
Russia as a case study. The present volume in the series examines some
additional aspects of the reform in Russia and also looks at the
accounting and financial system reform efforts that are being made in
Ukraine, Bosnia & Herzegovina, Armenia and five Central Asian republics.