The main objective of this report is to document the results and findings of the Public Sector Accounting Assessment (PULSE) conducted in Ukraine, which aims to support the Government of Ukraine to develop an effective and efficient accounting system. PULSE assessment considers the quality of the public sector accounting (PSA) system and assesses progress towards implementation of accrual accounting standards for the public sector. It also assesses compliance of PSA standards with International Public Sector Accounting Standards (ІPSAS) achieved as a result of reforms introduced by the Government of Ukraine in the field of public finance management (PFM). The PULSE in Ukraine is the first full assessment using this new methodology developed by the World Bank under PULSAR Program, and also served as a pilot to confirm the completeness and effectiveness of the PULSE tool.