Features of a cooperative as a bankruptcy entity

the bankruptcy of a cooperative is a complex and socially stressful process that has fundamental differences from the bankruptcy of traditional commercial organizations. The purpose of this article is to identify and analyze these features through the prism of accounting organization and financial analysis methodology. The study examines how the membership base of a cooperative and the principle of share contributions create unique challenges.: In the field of accounting, the problem of reflecting unit contributions and the correct allocation of shareholders' property from the bankruptcy estate. In the field of analysis, there is a need to adapt standard coefficients and use specialized indicators to assess solvency. Special attention is paid to the specifics of bankruptcy of various types of cooperatives: housing and construction, where citizens' housing rights are at stake; credit, whose activities involve the risks of financial pyramids; and agricultural, which have a special legal regime of property. The article serves as a practical guide to understanding the key risks and procedural nuances in the bankruptcy of cooperatives, offering a systematic view of the problem of protecting the rights of both creditors and numerous shareholders. Results: The analysis of legislation and law enforcement practice allows us to identify the following key results that determine the features of cooperative bankruptcy: the dual legal nature, the specific composition of property, the special subject composition of creditors, the presence of subsidiary liability of members, the obligation to make additional contributions, difficulties in determining the signs of bankruptcy. Conclusion: the bankruptcy of a cooperative is a specialized institution in which the general rules on insolvency are applied with significant features arising from the cooperative model of membership, property isolation and mutual responsibility of shareholders.

bankruptcy of a cooperative, production cooperative (artel), consumer cooperative, cooperative member, subsidiary liability, additional contributions, share contribution, insolvency, bankruptcy proceedings, legal status of the cooperative