Accounting Book of the Lviv Mint (1656–1657) as a Source of Accounting and Analytical Experience in Managing Business Entities in Emergencies

: сс. 33 - 45
Ivan.Franko National University of Lviv, Ukraine

Information for the management of economic entities is formed in accounting and does not lose its value in time for research and development of practical recommendations for the future. The Accounting Book of the Lviv Mint of 1656–1657, partially developed by historians, is a unique source of research and analytical experience in the management of public sector economic entities in emergencies, such as the war between the Polish-Lithuanian Commonwealth and Sweden (1655-1660). Unlike the books of merchants and artisans, keeping the Accounting Book at the Lviv Mint was mandatory, which testifies to the responsibility of its executors, and thus argues the authenticity of the reflected facts. The application of the rotary-historical method of studying the data of the Account Book in comparison with other historical and economic sources allows not only to reconstruct the events surrounding the opening of the Lviv Mint, but also to restore the sequence and targeting of management decisions to establish coin production in Lviv. The value source advantage of the Accounting Book is the use of in-kind, labor and cost measures, which allows to determine with sufficient accuracy all types of costs associated with the operation of the Lviv Mint and coinage. The participation of the king and the most influential elite of the Commonwealth at that time influenced the attraction of church property and private loans in the financing of the Lviv Mint in such an emergency situation as the war. The organization of cost accounting in the Accounting Book is built in chronological form, but characteristic of individual production processes, which is inherent in the minting of coins, which led to the use of cost accounting by places (centers) of their occurrence. Based on the data of the Accounting Book, the issues of payroll accounting, their types and composition of employees of the Lviv Mint were studied. Accounting and analytical data allow to determine the nature of management and logistics decisions for the production process and methods of external settlement operations at the Lviv Mint in emergency situations. Organizational and methodological bases of management decisions and their experience of accounting and analytical support of the Lviv Mint in the conditions of war have the prospect of use in modern emergencies, and in particular pandemics. This will mobilize management capacity and resources to reduce the risk of human losses from the spread of COVID-19 virus worldwide.

  1. Menkicky, R. (1932). Mennica Lwowska in the years 1656-1657. T. XXXI, Lviv Library, Lviv, 271-289
  2. Opozda, T. (1980). The Crown Mint in Lviv in the years 1656-1665. Numismatic News. R. XXIV. Warsaw, 129-195.
  3. Shlapinsky, V. & Shust, R. (2000). Italians in Lviv: managers and staff of the Lviv Mint in 1656-1663. Visnyk of Lviv National University. Historical series, 35-36, 521-531. [in Ukrainian]
  4. Shlapinsky, V. (2004). Four stages of the mint’s activity in Lviv (1656-1663). Lviv Numismatic Notes: Popular Science Magazine (1), 2004, 18-31. [in Ukrainian] 
  5. Shvets V. (2020). Ukrainian paradigm of accounting, analysis and control in emergency situations / Current state and prospects of development of accounting, analysis, audit, reporting and taxation in terms of European integration: abstracts of the II International scientific-practical Internet conference (Uzhgorod, April 16 2020). Uzhhorod: Uzhhorod National University Publishing House “Hoverla”, 116-119. [in Ukrainian]
  6. Menkicky, R. (1936) National Museum for them. Of King Jan III in Lviv. Collection guide with 12 boards. — Lviv.
  7. Zvarych, V. & Shust, R. Numismatics. Directory. — Ternopil-Lviv: State Book and Magazine Publishing House "Ternopil“,Lviv. State. Univ. I. Franko. [in Ukrainian]
  8. The order of classification of emergencies of man- caused and natural nature according to their levels. Approved by the Resolution of the Cabinet of Ministers of Ukraine of March 24, 2004. № 368 Retrieved from: [in Ukrainian]
  9. State-level emergency response plan. Approved by the resolution of the Cabinet of Ministers of Ukraine of March 14, 2018 № 223 (as amended by the resolution № 161 of 03.03.2020). Retrieved from: %BF. [in Ukrainian]
  10. The Cabinet of Ministers has expanded the list of trade and activities that can work during quarantine. Retrieved from: kabmin-rozshiriv-spisok-vidiv-torgivli-ta-diyalnosti-yaki-mozhut-pracyuvati-pid-chas- karantinu-1514748.html . [in Ukrainian]
  11. The head of the Ministry of Finance provided data on expenditures from the “coronavirus fund” Retrieved from: