The National University of Ostroh Academy is the successor of Ostroh Slavic, Greek and Latin Academy, the first higher educational establishment of the Eastern Slavs.


The National University of Ostroh Academy receive the status of autonomous research national higher educational establishment.


Ostroh Academy University library which provides the resources for research and educational purposes, the access to the electronic catalogue of the library and foreign library networks.

Teaching and research in the National University of Ostroh Academy is organised by Faculties. There are five Faculties and I. Malynovskyi Institute of Law offering sixteen prestigious specialities.


Ostroh Academy abounds with the projects which welcome the students willing to actively participate, reveal their creative potential and realize their selves.


The National University of Ostroh Academy invites foreigners to become students of one of the most prestigious educational institution. More information can be found here.

Department of Finance, Accounting and Audit


Head of the Department: Nataliya A. Mamontova, Doctor of Science in Economics, Professor

Contact information: administrative building
Office hours: Monday – Friday: 9.00 – 17.00, dinner hour: 13.00 – 14.00.

Senior Assistant: Olʹha A. Blyznyak
Contact information: administrative building
Office hours: Monday – Friday: 8.30 a.m. – 5.30 p.m., lunch break: 12.30 p.m. – 1.30 p.m. 

General information about the Department

The Department of Finance, Accounting and Audit was established in 1999.

The department provides teaching professional disciplines: finance, local finances, corporate finance, financial management, audit, tax system, budget system, money and credit, financial services market, financial activity of business entities, finances of enterprises, banking system, budget management , tax management, accounting, financial accounting, taxation of business entities, insurance, insurance management, organization and methods of audit, international finance, crisis management Business management, management accounting, investing, financial market, organization of accounting by small business enterprises, accounting in budgetary institutions, accounting in banks, fiscal policy.

Comprehensive research project of the Department of Finance, Accounting and Auditing Providing sustainable development of Ukrainian financial system in the age of globalizationstate registration number 0102U005190, is supervised by Doctor of Science (in Economics), Prof. N.V. Mamontova.


The tasks of the Department: 

  • providing a high level of professional training for students, providing them with the knowledge, skills and competences that provides graduates with competitiveness in the labor market;
  •  active social partnership with employers on the basis of long-term cooperation agreements and effective work on the promotion of graduates employment;  
  • implementation of innovative educational technologies, modern forms of distance learning, publication of textbooks and manuals, replenishment of databases of electronic textbooks, methodical manuals and auxiliary materials for full-time and part-time students;
  • cooperation with business entities for the scientific research of contractual topics and grants; development of international cooperation with foreign universities and banks.


Scientific activities of the Department

Scientific interests of members of the faculty:

  1. Mamontova N.A. Cost-oriented management in the conditions of globalization. Assessment of intellectual capital. Investments in the energy market in a context of sustainable development.
  2. Demianchuk O.I. Financial potential in the formation of local budgets in the process of decentralization.
  3. Kryvytska O.R. Strategic priorities of the insurance market in Ukraine.
  4. Noginova N. M. Tax Reforms in Ukraine with Changes to Tax Legislation.
  5. Fominyh M.V. Banking system. Bank operations.
  6. Kharchuk Yu. Yu. Accounting and analytical support of financial stability and economic safety of economic entities.
  7. Shulyk Yu. V. Budget policy. Investment. Fiscal policy.
  8. Novoseletska A.O. Insurance in Ukraine.
  9. Berezyak I. I. Exchange activity in Ukraine. Agrarian exchanges.

 The International Scientific and Practical Internet Conference "The financial system of the country: trends and prospects of development" is held annually at the Department.

 The following student scientific groups operate on the basis of the department:

  1. "Budget Decentralization in Ukraine and its Impact on the Development of Territorial Communities". Leader: Doctor of Economic Sciences, Associate Professor Demianchuk O.I .;
  2. "Accounting and analytical support of business entities in the conditions of globalization". Leader: Candidate of Economic Sciences, Associate Professor Kharchuk Yu Yu .;
  3. "Strategic prospects for the development of the insurance market of Ukraine". Leader: Doctor of Economic Sciences, Associate Professor Kryvytska O.R.