Съставяне на финансовите отчети на строителните предприятия в условия на дигитализация
Preparation of Financial Statements of Construction Companies in Conditions of Digitalization

Summary/Abstract: True and fair presentation of the information in the financial statements of the construction companies in conditions of digitalization is the main task that management is facing. The implementation of the activity of construction enterprises in the modern conditions of a world economic crisis, with a strong competitive environment, worldwide globalization, and a continuous effort to achieve high profitability are the main factors that require the development of a new, digitalized methodology and methodology for compiling their financial statements in order to improve the quality of these reports. The disclosures in the financial statements of the construction enterprises must be adequate and logically linked to the changes in their financial condition and in their financial results, in their cash flows and in the elements of their own capital, in the values of the main financial indicators of their activity. They must also provide reliable information about the opportunities to improve the solvency and liquidity of construction enterprises, to increase their competitiveness and profitability, to identify and disclose possible risks and assess their potential effect on their specific activity. The target of the research is the opportunities for preparation of financial statements of construction companies in the conditions of digitalization. The subject of the research is the engagement and the responsibility of the management regarding the digitalization when preparing financial statements of the construction companies. The subject of consideration are the commitments and responsibilities of the management in relation to digitalization when compiling the financial statements of construction companies. The purpose of this publication is to present the main guidelines for the preparation of financial statements for construction companies in the context of digitalization.

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