ВЪЗДЕЙСТВИЕТО НА НЕПРИЗНАТИТЕ РАЗХОДИ ВЪРХУ ДЕЙНОСТТА НА МАКЕДОНСКИТЕ ПРЕДПРИЯТИЯ
THE IMPACT OF UNRECOGNIZED EXPENSES ON THE OPERATION OF THE MACEDONIAN ENTERPRISES

Author(s): Lazar Arsovski, Savo Ashtalkoski, Radica Gramatikova
Subject(s): Economy, Business Economy / Management, Human Resources in Economy, Socio-Economic Research
Published by: Висше училище по застраховане и финанси (ВУЗФ)
Keywords: Unrecognized expenses; tax policy; regulations; business sector
Summary/Abstract: Unrecognized expenses are a burden on the industry’s operations due to the income tax and personal income tax, as a value that should be added to the total expenses for a specific purpose. In addition to the financial burden, this positive regulation damages the operations of companies in terms of deteriorating the socio-social aspects of the existence of companies. Companies pressured by financial liabilities arising from unrecognized expenditures lose the motivation to contribute to the public interest, the common good, and distance themselves from further motivating employees. Apart from making the work more difficult, the current regulations also pose challenges in terms of the objectivity of the work, the constructiveness in its interpretation, but also open limited opportunities for unintentional omissions. The reason for that is in direct correlation with the nature of the matter which is related exclusively to the set regulations and legal acts regarding financial discipline. For these reasons, to a large extent, the subject matter of the paper is within the framework of theoretical analysis and literary review.

• Details
• Contents