Счетоводни аспекти при признаването и оценяването на публичната инфраструктура
Accounting Aspects of Public Infrastructure - Recognition and Measurement

Author(s): Daniela Feschiyan, Radka Andasarova
Subject(s): Economy, Accounting - Business Administration
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: IPSAS; The conceptual framework for general purpose financial reporting by public sector entities; public infrastructure; measurement subsequent to initial recognition; measurement bases
Summary/Abstract: This paper reviews the theory, methodology and applicability of accounting models for recognition and measurement of public infrastructure as a specific type non-current assets. The obvious reason for various accounting practice in public sector in Bulgaria is the unavailability of a legislative approach for public infrastructure accounting. A distinct change in the accounting methodology, have been defined. Amendments covered include a new approach for measurement subsequent to initial recognition of public infrastructure, and implementation of the measurement bases for assets under The Conceptual Framework for General Purpose financial Reporting by Public Sector Entities. This study aims to explain the relationship between the adoption of the presented models based on IPSAS, government apparatus competence and the effectiveness of government accountants toward the quality of financial reporting.

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