LEGAL RESPONSIBILITY OF THE DIRECTOR AND CHIEF ACCOUNTANT AT THE ENTERPRISE IN UKRAINE: ECONOMIC AND LEGAL ASPECT

The purpose of the article is to investigate and reveal the peculiarities of the legal responsibility of the director and the chief accountant at the enterprise in Ukraine. It has been established that in the modern conditions of economic activity in Ukraine, the legal responsibility of the director and chief accountant at the enterprise becomes an important and urgent issue that requires special attention from both an economic and a legal point of view. It has been found that compliance with legislation in Ukraine is an important component of the successful operation of enterprises. It was determined that according to the current Ukrainian legislation, four types of responsibility can be distinguished for the director and chief accountant of the enterprise: disciplinary, material, civil, administrative and criminal. It is substantiated that the legal responsibility of the director and chief accountant at the enterprise in Ukraine has a significant economic impact. This is due to the fact that violations of financial norms and standards can lead to significant financial losses for the enterprise. Fines, tax sanctions and other types of restrictions or punishments can seriously undermine the financial and economic stability of the enterprise and threaten its continued existence on the market. In the economic and legal aspect, the legal responsibility — this is the duty of officials to comply with the legislation of Ukraine, as well as to fulfill the terms of contracts, agreements, etc; these are five main groups of legal duties of officials (within the law, in accordance with contracts): 1) before the owners (board of directors); 2) in front of staff (subordinates); 3) in front of customers; 4) before suppliers; and 5) in front of the company's competitors (in conditions of risk, uncertainty, in conditions of external actions that are constantly changing). It was concluded that compliance with the legislation, implementation of internal control procedures and improvement of staff qualifications are key factors for successful management of financial risks and ensuring stable development of the enterprise. The clear implementation of these principles by directors and chief accountants will help enterprises not only to avoid financial penalties and losses, but also to increase their reputation and trust among investors and business partners. Among the promising directions of the research, the following is highlighted the analysis of the effectiveness of legal regulation mechanisms regarding compensation for damages caused by the negligence of directors and chief accountants, as well as a comparison of the practice of regulating the responsibility of directors and chief accountants at enterprises in Ukraine with international standards and best practices.