POSSIBILITIES FOR IMPROVING THE ACCOUNTING OF CERTAIN FINANCIAL INCENTIVE SCHEMES FOR BANK STAFF
POSSIBILITIES FOR IMPROVING THE ACCOUNTING OF CERTAIN FINANCIAL INCENTIVE SCHEMES FOR BANK STAFF
Author(s): Ventsislav Vechev Subject(s): Economy, Accounting - Business Administration
Published by: Стопанска академия »Д. А. Ценов«
Keywords: accounting;equity instruments;shares;current expenses;contingent assets;provisions;financial incentives;commercial banks
Summary/Abstract: Regardless of the increasing role of technology, the main factor of each system are people with their qualities and experience. The fact that nowadays the majority of activities related to collecting, summarising and systematizing of information are carried out by information technologies does not diminish the role of individuals in terms of analysing the results, decision-making and developing an overall company strategy.To stimulate the creativity of their key employees, companies use different methods of financial incentives. The aim of conducting such policy, on one hand, is to increase employees’ motivation to work and at the same time to encourage their long-term involvement in and commitment to the future of the company.The object of study in this article is the accounting interpretation of some basic approaches (forms) to financial incentives of bank staff.
Journal: Бизнес управление
- Issue Year: 25/2015
- Issue No: 3
- Page Range: 39-49
- Page Count: 11
- Language: English
