Непреходността на счетоводната теория
The Timelessness of Accounting Theory
Author(s): Daniela Feschiyan, Snejana Bacheva, Roumiana Pozharevska, Nikolay Oresharov, Rositsa Ivanova, Diana Petrova, Hristina Oreshkova, Maia Natchkova, Katya Zlatareva, Liliya Rangelova, Atanaska Filipova-Slancheva, Maria Markova, Lilyana Dzhoneva, Kalina Kavaldzhieva, Radka Andasarova, Iavor Bachev, Dimitrinka Urumova-Lunin, Gabriela Dimcheva, Angel Petrov
Subject(s): Economy, Business Economy / Management, Energy and Environmental Studies, Financial Markets, Accounting - Business Administration
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: accounting education; ChatGPT; sustainability information; deferred tax assets and liabilities; theory and practice of economic analysis; international trade transactions
Summary/Abstract: The collection of scientific articles titled "The Timelessness of Accounting Theory" features contributions from faculty members and doctoral students from the "Accounting and Analysis" department. This publication is dedicated to the 80th anniversary of Prof. Trifon Trifonov, Ph. D. The collection contains 18 articles addressing various issues related to accounting theory and its timelessness. Most of the articles are written in Bulgarian, with two in English.
- Print-ISBN-13: 978-619-232-855-9
- Page Count: 194
- Publication Year: 2024
- Language: English, Bulgarian
Приложимостта на модела ChatGPT в процеса на обучението по счетоводство в публичния сектор
Приложимостта на модела ChatGPT в процеса на обучението по счетоводство в публичния сектор
(The Applicability of the ChatGPT Model in the Public Sector Accounting Education)
- Author(s):Daniela Feschiyan
- Language:Bulgarian
- Subject(s):Politics / Political Sciences, Economy, Public Administration, Public Finances, Accounting - Business Administration, ICT Information and Communications Technologies, Socio-Economic Research
- Page Range:9-23
- No. of Pages:15
- Keywords:accounting; artificial intelligence; ChatGPT; public sector
- Summary/Abstract:This paper presents the results of a study in the form of an interview on the applicability of the ChatGPT model on the topic of public sector accounting. The research focuses on ChatGPT because it is the most widespread artificial intelligence in a global aspect to date. In the conducted experiment were asked questions, which were accompanied by their answers and the corresponding findings. It was found that artificial intelligence presents definitions of fundamental concepts, regulators and systems in accounting incomprehensibly and factually wrong. In the author's opinion, ChatGPT is a language model for creating texts without, however, meeting any of the requirements of credibility, scientific value and scientific ethics. It was concluded that the use of the ChatGPT model in public sector accounting learning processes requires a specific training of the AI itself to convey correct answers and messages to the users of the respective learning platform.
Стандарти за оповестяване на информация за устойчивостта
Стандарти за оповестяване на информация за устойчивостта
(Sustainability Disclosure Standards)
- Author(s):Snejana Bacheva, Rumiana Pojarevska
- Language:Bulgarian
- Subject(s):Politics / Political Sciences, Politics, Economy, Energy and Environmental Studies, Environmental and Energy policy, Public Finances, Accounting - Business Administration
- Page Range:24-30
- No. of Pages:7
- Keywords:sustainability; sustainability standards; international sustainability standards council
- Summary/Abstract:In recent years, governments' efforts have focused on creating an economy that benefits people and the environment. Businesses are exposed, directly or through third parties as suppliers and customers, to a significant risk of climate change. Users of financial statement information to assess how climate-related risks and opportunities affect the financial position of enterprises, including their future cash flows and their value, need reliable information. The latter raises the need to establish a regulatory framework that sets out the disclosure requirements for the risks and opportunities of undertakings. New challenges are open to accountants and auditors related to the appropriate disclosure of these issues. The report focuses on the main requirements of IFRS S1 General Requirements for Disclosure of Financial Information Related to Sustainability and IFRS S2 Climate-related Disclosures for disclosure of sustainability and climate risks and opportunities.
Уместно ли е счетоводното отчитане на отсрочени данъчни активи и пасиви в България
Уместно ли е счетоводното отчитане на отсрочени данъчни активи и пасиви в България
(Is the Accounting Treatment of Deferred Tax Assets and Liabilities Relevant in Bulgaria)
- Author(s):Nikolay Oresharov
- Language:Bulgarian
- Subject(s):Economy, National Economy, Public Finances, Accounting - Business Administration
- Page Range:31-43
- No. of Pages:13
- Keywords:accounting; income taxes; deferred taxes; relevance of financial information
- Summary/Abstract:This paper examines whether the recognition of deferred tax assets and liabilities through the use of the temporary difference approach, required by the accounting standards applicable in the country, is useful for users of general purpose financial statements in Bulgaria. For this purpose, the influence on the value of the coefficient of financial autonomy was analyzed, if instead of the temporary difference approach, the tax payable approach is applied. The temporary difference approach requires the recognition of deferred tax assets and deferred tax liabilities for most differences between the carrying amount and the tax basis of the assets and liabilities where they differ. The tax payable approach is alternative. With it, a liability is recognized in the accounting balance only in the amount of the income taxes due for payment, calculated by converting the accounting financial result in accordance with the requirements of the material tax law. The results of the research show that the recognition of deferred tax assets and liabilities in the balance sheet does not bring informational utility to users, as it does not have a statistically significant impact on the variance of the coefficient of financial autonomy. These results justify the conclusion that, for the moment, in Bulgaria, the reporting of deferred tax assets and liabilities is irrelevant, as it is inconsequential to the decisions that users of the financial statements can make. Therefore, it is suggested that entity applying national accounting standards should account for income taxes using the tax payable approach.
За принципите на счетоводството, теорията и практиката на стопанския анализ на предприятието
За принципите на счетоводството, теорията и практиката на стопанския анализ на предприятието
(About the Principles of Accounting, Theory and Practice of Enterprise’s Business Analysis)
- Author(s):Rositsa Ivanova
- Language:Bulgarian
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:44-56
- No. of Pages:13
- Keywords:management; accounting principles; theory; methodology; analysis
- Summary/Abstract:The management of enterprises requires information on the basis of which the management teams design and make timely, justified and effective decisions for the development of the enterprise’s business as a whole, and for the achievement and maintaining financial and market stability from operation and strategic aspect. This is crucial in the context of the current environment in which enterprises operate and function, which environment is determined by the effect of different crises and the adverse impact of multiple external factors. The information required for the enterprises’ management is created by the system of business analysis (financial and business analysis) of the enterprise. The main source of information for the needs of the business analysis of the overall activity of the enterprises within the interrelations and interdependencies among its individual elements is the accounting information. We need to emphasizes that the rules for ongoing accounting of enterprises’ business and for the recognition, measurement and presentation of assets, equity, liabilities, revenue, costs and cash flows in their financial statements put the foundation of the true and fair presentation of financial results, financial position, financial stability, cash flows and effectiveness (profitability calculated on different basis) in each reporting period. The Bulgarian accounting legislation defines these rules in the form of accounting principles. Compliance with these rules provides clear, accurate, understandable, reliable, relevant and comparable information about the needs of the financial and economic analysis of the overall activity of the enterprises. The accounting principles are objectively reflected in the theory and methodology of business analysis and thus in the analytical practice. They are manifested in different methods and methodologies for analysis by different items of the content of the business analysis system of the enterprises’ business, while taking into account the interrelations and interdependences among them. The object of the research in the article are the principles of accounting, and the subject – their manifestation in the theory, methodology and practice of the economic analysis of enterprises.
Significance of the Documents in the Accounting Reflection of the International Trade Transactions of the Enterprises
Significance of the Documents in the Accounting Reflection of the International Trade Transactions of the Enterprises
(Significance of the Documents in the Accounting Reflection of the International Trade Transactions of the Enterprises)
- Author(s):Diana Petrova
- Language:English
- Subject(s):Politics / Political Sciences, Politics, Economy, International relations/trade, Financial Markets, Accounting - Business Administration, Socio-Economic Research
- Page Range:57-62
- No. of Pages:6
- Keywords:documentation; international trade activity; international trade transactions; accounting; accounting information
- Summary/Abstract:The problems related to documentation and accounting reflection of international trade transactions are particularly important and topical for the enterprises that operate internationally in contemporary conditions of continuously increasing globalization. The main purpose of the paper is to explore the role, importance and specifics of documentation of international trade transactions from the perspective of accounting, arising from their economic essence, technology and characteristic features. In methodological terms, in order to achieve depth in the study of accounting issues, the paper applies an interdisciplinary approach. Through it, an integrated use of knowledge from different scientific fields is ensured and theoretical statements from the field of accounting science are considered in combination with theoretical knowledge from other scientific fields, including international economics, international economic relations, international management and marketing. The historical approach and the systematic approach, as well as the methods of observation, analysis and synthesis, induction and deduction, are also used in carrying out the research. The results from the study lead to the conclusion that standardized documents, procedures and information flows based on globally accepted rules in the field of international business contribute to the growth of global trade through the important advantages and benefits they provide.
The Global Necessity of Transparent and High Quality Reporting and Disclosure on Sustainability Issues: with a Focus on Climate Change
The Global Necessity of Transparent and High Quality Reporting and Disclosure on Sustainability Issues: with a Focus on Climate Change
(The Global Necessity of Transparent and High Quality Reporting and Disclosure on Sustainability Issues: with a Focus on Climate Change)
- Author(s):Hristina Oreshkova
- Language:English
- Subject(s):Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, Business Economy / Management, Energy and Environmental Studies, Environmental and Energy policy
- Page Range:63-71
- No. of Pages:9
- Keywords:reporting and disclosure on sustainability; climate-related issues; Corporate Sustainability Reporting Directive
- Summary/Abstract:Over the past decades, there have been strong international efforts to develop a global framework for sustainability reporting and disclosure. Significant progress has been made globally and many frameworks have been developed that focus on sustainability issues, particularly those with an inherent focus on climate change and the risks it poses. Changes in global climate patterns are recognised as one of the most pressing challenges facing humanity, and attempts have been made to respond. However, there are too many initiatives for reporting on sustainability issues and the author’s main concern remains. The proliferation of frameworks focused on sustainability reporting, including climate change issues, is vast and dynamic. Frameworks and standards are proliferating to the point of confusion. The proliferation of frameworks, recommendations and requirements based on similar but not identical principles can in turn affect and compromise the comparability of the information provided, significantly reducing its usefulness and potentially causing confusion among stakeholders (rather than reaping the potential benefits for a sustainable future). The author argues that there is still a lack of quality in the transparency, consistency and relevance of corporate governance policies, activities and information on sustainability and climate-related issues, whether provided voluntarily or through mandatory disclosure. Weaknesses and vulnerabilities at the level of corporate governance and management should be properly addressed in order to respond efficiently and effectively to the challenges. This article revolves around the author’s belief that climate-related information is an essential and key component of sustainability reporting and disclosure. Climate-related issues should always be a priority for corporate governance, given their growing importance for the effectiveness of corporate reporting practices. The author’s view and thesis is that it is paramount that climate-related disclosures are transparent, credible and relevant to the risks and potential opportunities posed by climate change, if the disclosure process is to be efficient and effective, and thus useful to all interested parties, such as creditors, lenders, employees, potential and current investors and all members of society. The author believes that humanity is in urgent need of action on climate change. With this in mind, the author aims to highlight, discuss and justify the need for a more aligned framework and consistent standards globally to support meaningful and reliable disclosure of climate-related matters, risks and opportunities. The author aims to highlight and discuss the reflections, concerns and criticisms of researchers, professionals and experts on the issues discussed.
Oценяване на задължения по застрахователни договори
Oценяване на задължения по застрахователни договори
(Measurement of Liabilities under Insurance Contracts)
- Author(s):Maia Natchkova
- Language:Bulgarian
- Subject(s):Economy, Accounting - Business Administration
- Page Range:72-79
- No. of Pages:8
- Keywords:Insurers; insurance contracts; liabilities under Insurance contracts; financial statements
- Summary/Abstract:Measurement of liabilities under insurance contracts recognised in accordance with IFRS 17 Insurance Contracts, is a new and key aspect of insurers’ accounting. Liabilities under insurance contracts are classified depending on the type of concluded insurance contracts that might be burdening, non-burdening, etc. Insurance contracts are initially measured by using three measurement models – general measurement model, variable consideration approach and premium allocation approach. The objective of this publication is to describe how insurers measure their liabilities under concluded insurance contracts, how they present them in the financial statements and what kind of information they disclose about them. For the purposes of attaining the above objective, the publication consistently highlights the classification and measurement models of insurance contracts, the use of estimates and judgements upon subsequent measurement of insurance contracts, the underlying actuarial assumptions for calculation of liabilities (payables) under insurance contracts.
ESG отчитане – от „силозно мислене“ към интегрирано мислене
ESG отчитане – от „силозно мислене“ към интегрирано мислене
(ESG Reporting – from „Silo Thinking“ to Integrated Thinking)
- Author(s):Katya Zlatareva
- Language:Bulgarian
- Subject(s):Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
- Page Range:80-95
- No. of Pages:16
- Keywords:ESG reporting; financial reporting; financial results
- Summary/Abstract:The content of the report is determined by the increasing needs for the unity of financial reporting and the reporting of sustainable development processes, or a kind of amalgam of financial and non-financial reporting information. At the same time, they are accepted as a unity of mutual influences, and not as a mechanical union of two components. The financial results of the corporation are obtained both from the known processes of value creation and from the influence of external factors, social environment, corporate social responsibility, compliance with environmental factors and others. The problems of poverty, employment, and professional growth are problems for the future of any economic system, but also steps in the present towards this goal. The International Integrated Reporting Committee (IIRC) and the International Federation of Accountants (IFAC) operate with such a focus.
Анализ на финансовите отчети – основен инструментариум за оценка на банковата система за периода 2020 – 2023 година
Анализ на финансовите отчети – основен инструментариум за оценка на банковата система за периода 2020 – 2023 година
(Analysis of Financial Statements – a Basic Toolkit for Assessing the Banking System for the Period 2020 – 2023)
- Author(s):Liliya Rangelova, Atanaska Filipova-Slancheva
- Language:Bulgarian
- Subject(s):Economy, National Economy, Financial Markets, Accounting - Business Administration
- Page Range:96-109
- No. of Pages:14
- Keywords:financial and accounting analysis; financial statements; accounting information, commercial banks; indicators
- Summary/Abstract:Current economic, financial and political conditions are changing and creating a new environment for banks to function as leading financial intermediaries in the economy. The good financial condition of the banking system is a prerequisite for its stable development in the foreseeable future. Through the analysis and interpretation of the content of the information from the financial statements of commercial banks for the period 2020 – 2023 a system of accounting metrics is established to assess the financial status of the banking system. This analysis covers the following constituent elements: assets and liabilities, equity and changes in it as a difference between income and expenses. In the analysis of the financial situation, the aim is to evaluate the efficiency of the banking activity, determining the resources and on what basis certain results and effects have been achieved. For this purpose, relative indicators such as profitability, liquidity, solvency, capital adequacy, financial leverage, etc. are used. The resulting analytical information is useful to both internal and external users of the commercial bank's financial statements.
Безхартиено счетоводство и влиянието на автоматизацията в счетоводната дейност
Безхартиено счетоводство и влиянието на автоматизацията в счетоводната дейност
(Of Automation in the Accounting Activitypaperless Paperless Accounting and Impact of Automation in the Accounting Activity)
- Author(s):Maria Markova
- Language:Bulgarian
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, ICT Information and Communications Technologies
- Page Range:110-119
- No. of Pages:10
- Keywords:digital accounting; digitalization; automatization in accounting processes
- Summary/Abstract:The paper aims to introduce the concept of historical transfer to digital accounting. The accounting industry's digital transition, innovative strategies in the Bulgarian market, and the risks that technology advancements conceal. The implementation of digitization and automation innovations in accounting has been demonstrated via CONTROLISY, a Bulgarian SaaS solution for accounting automation.
Имплементиране на МСФО 17 Застрахователни договори от застрахователните дружества
Имплементиране на МСФО 17 Застрахователни договори от застрахователните дружества
(Implementation of IFRS 17 Insurance Contracts by Insurance Companies)
- Author(s):Atanaska Filipova-Slancheva
- Language:Bulgarian
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:120-137
- No. of Pages:18
- Keywords:insurance companies; IFRS 17 Insurance contracts; implementation; transition; stages of transition
- Summary/Abstract:The implementation of IFRS 17 Insurance Contracts has presented insurance companies with major challenges. Upon initial application of IFRS 17 Insurance Contracts, insurance assets and liabilities should be reviewed by insurers in terms of their correct classification into specific categories based on the objectives of the business model under which they will be managed and their agreed cash flows. The purpose of this paper is to present in general the approach of implementing standard IFRS 17 Insurance contracts by insurers, while distinguishing the following six transition stages: identification of the transition process; development of an accounting policy regarding the reporting of insurance contracts; development of a system of accounts for accounting of insurance contracts; reclassification of insurance contracts when switching to the standard; calculation of the effect of reclassification of insurance assets and liabilities; presentation and disclosure of the applicable basis of accounting and the effects of the transition process.
Новите изисквания за оповестяване при бизнес комбинации
Новите изисквания за оповестяване при бизнес комбинации
(The New Requirments for Disclosure of Business Combinations)
- Author(s):Lilyana Dzhoneva
- Language:Bulgarian
- Subject(s):Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
- Page Range:138-145
- No. of Pages:8
- Keywords:IFRS; financial reporting; business combinations
- Summary/Abstract:The proposed amendments to IFRS 3 Business combinations and IAS 36 Impairment of Assets aim to address the existing challenges to acquisition accounting by enhancing disclosure requirements and improving impairment testing methodologies, intending to increase transparency and reliability in financial reporting of those deals. The report reviews literature indicating that many acquisitions diminish shareholder wealth, suggesting a gap between strategic intentions and economic benefits. It concludes that the initiative to revise the standards will potentially provide clearer and more detailed financial information, thus aligning financial reporting more closely with the economic outcomes of business combinations.
Надеждно ли е отчитането на отделните активи и пасиви по справедливата стойност за счетоводни цели, до колко устойчива и чувствителна е така представената счетоводна информация в годишните финансови отчети
Надеждно ли е отчитането на отделните активи и пасиви по справедливата стойност за счетоводни цели, до колко устойчива и чувствителна е така представената счетоводна информация в годишните финансови отчети
(Is the Reporting of Individual Assets and Liabilities at Fair Value for Accounting Purposes Reliable, How Sustainable and Sensitive is the Accounting Information Thus Presented in the Annual Financial Statements)
- Author(s):Kalina Kavaldzhieva
- Language:Bulgarian
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:146-158
- No. of Pages:13
- Keywords:accounting valuation; fair value; relevance of financial information
- Summary/Abstract:This paper examines the appropriateness of accounting for individual assets and liabilities at fair value. The issue of the reliability, sustainability and sensitivity of the accounting information thus presented in the Annual Financial Statements is investigated. An answer is sought to the question of how useful it is for the users of the financial statements, the information presented in them, generated on the basis of assessed assets and liabilities at fair value. For this purpose, the influence of the different methods for deriving fair value on the different valuation objects for accounting purposes was analyzed. The main valuation techniques/approaches are Income, Cost and Comparative, according to IFRS 13 „Fair Value“ and the Bulgarian Valuation Standards. Accordingly, the reliability of the information used is assessed as to how reliable the accounting information reflected in the Company's Balance Sheet could be. The results of the research show that the recognition and evaluation of individual assets and liabilities in the accounting balance at fair value can be treated simultaneously as having and not having informational utility for users. With provable input information in the application of the individual techniques and approaches, the fair value is reliably determined and is sustainable and credible. In case of unprovable input information, the fair value is unreliable and unreliable. These results substantiate the conclusion that, for the moment, in Bulgaria, fair value accounting of individual assets and liabilities is well regulated and relevant, as it is of great importance for the decisions that users of financial statements can make. Therefore, the application of fair value accounting of assets and liabilities is recommended.
Еволюция на институционалната теория в процеса на счетоводна хармонизация в публичния сектор
Еволюция на институционалната теория в процеса на счетоводна хармонизация в публичния сектор
(Evolution of the Institutional Theory in the Process of Public Sector Accounting Harmonization)
- Author(s):Radka Andasarova
- Language:Bulgarian
- Subject(s):Politics / Political Sciences, Economy, Public Administration, Public Finances, Accounting - Business Administration
- Page Range:159-168
- No. of Pages:10
- Keywords:financial accounting; public sector; harmonization; institutional theory
- Summary/Abstract:The development of accounting standardization and harmonization in the public sector is dependent on many dynamic and interrelated processes, including economic, political, environmental, etc. The reached level of the Institutional theory reveals how the government makes the decision to perceive common accounting practices in order to obtain institutional legitimacy. Although, these accounting models differ from contemporary accounting practice in the global aspect. The question is how will adequacy public sector accounting harmonization be reached in the absence of the European conceptual framework for financial reporting. The purpose of the study is to analyze theoretically existing public sector accounting practices in the context of the development of the Institutional theory.
Оценка на съществеността при отчитането на устойчивост
Оценка на съществеността при отчитането на устойчивост
(Materiality Assessment in Sustainability Reporting)
- Author(s):Iavor Bachev
- Language:Bulgarian
- Subject(s):Politics / Political Sciences, Politics, Economy, Law, Constitution, Jurisprudence, EU-Accession / EU-DEvelopment, Accounting - Business Administration, EU-Legislation
- Page Range:169-175
- No. of Pages:7
- Keywords:EFRAG; sustainability standards; sustainability reporting
- Summary/Abstract:EFRAG plays a key role in sustainability reporting as it develops and submits to the European Commission draft European Sustainability Reporting Standards (ESRS). At the same time, EFRAG must enable a transparent process for the establishment, adoption and implementation of these standards, taking into account the needs of all stakeholders. In 2023, draft three guides (documents) were presented to the attention of stakeholders for discussion. The first project entitled EFRAG IG 1 Materiality Assessment contains reporting requirements on the materiality assessment and algorithm of this process. The second project entitled EFRAG IG 2 Value chain contains requirements for reporting along the value chain incl. for impacts, risks and opportunity management, as well as indicators and objectives. The third project entitled EFRAG IG 3 (DraftEFRAG IG 3 List of ESRS data points) presents the full list of detailed disclosure requirements and related application requirements in Excel format. The aim of the report is to analyze the main issues covered in the EFRAG IG 1 project: Guidelines for the implementation of materiality assessment and to try to define existing risks.
Теоретико-методологични аспекти на трансферното ценообразуване в условията на глобализация
Теоретико-методологични аспекти на трансферното ценообразуване в условията на глобализация
(Theoretical-Methodological Aspects of Transfer Pricing in the Conditions of Globalization)
- Author(s):Dimitrinka Urumova-Lunin
- Language:Bulgarian
- Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:176-181
- No. of Pages:6
- Keywords:transfer pricing; transfer price; arm's length principle; local file; master file
- Summary/Abstract:The paper clarifies the role and importance of transfer pricing in today's environment of ever-increasing globalization. It justifies the need for a uniform approach to transfer pricing requirements and rules in a global aspect. Transfer pricing methods for tax control purposes are presented. The basic principles of their application are discussed. Special attention is paid to the important advantages and benefits of applying the arm's length principle.
Необходимост от оповестяване на информация за устойчивост от страна на бизнес организациите
Необходимост от оповестяване на информация за устойчивост от страна на бизнес организациите
(Need for Disclosure of Sustainability Information by Country of Business Organizations)
- Author(s):Gabriela Dimcheva
- Language:Bulgarian
- Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, EU-Accession / EU-DEvelopment, Accounting - Business Administration
- Page Range:182-188
- No. of Pages:7
- Keywords:Sustainability; Sustainability Standards; Sustainability Accounting concept
- Summary/Abstract:The research represents the essence, role and significance of the sustainability accounting concept, as well as it explores the most discussed sustainability accounting standards, namely International Sustainability Standard Board’s Standards, Sustainability Accounting Standards Board’s Standards and European Sustainability Reporting Standards. As a result, it is proved the necessity of disclosure of sustainability information from business organizations.
Информационна обезпеченост и изисквания към счетоводните документи. Счетоводството в 21. век
Информационна обезпеченост и изисквания към счетоводните документи. Счетоводството в 21. век
(Information Security and Requirements to Accounting Documents. Accounting in the 21st Century)
- Author(s):Angel Petrov
- Language:Bulgarian
- Subject(s):Economy, Accounting - Business Administration, ICT Information and Communications Technologies
- Page Range:189-193
- No. of Pages:5
- Keywords:accounting documents; information; requirements; digitization
- Summary/Abstract:Accounting is a field that strictly regulates documentation and compliance with regulations related to document preparation, use, and storage. The main requirements for current accounting reporting and the construction of accounting systems in enterprises regulated in the Accounting Act include accounting information and accounting documents, the applicable accounting base, the compilation and content of financial statements, he preparation of annual activity reports, publicity of the financial statements, the obligations to carry out an independent financial audit and the responsibilities of the managers of the enterprises. The digital transformation in accounting in the 21st century is characterized by integrating digital technologies into the accounting process, which leads to a change in the preparation, storage, and access to accounting documents. Digitization also allows the automation of a large part of the routine activities performed in accounting, which has many advantages in standardizing work procedures, automating the routine daily tasks of accountants, increasing labour productivity, and reducing errors and omissions in preparing and processing accounting documents.
