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
Subject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: Университет за национално и световно стопанство (УНСС)
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.

• Details
• Contents