Wybrane aspekty dotyczące przychodów i kosztów
w przedsiębiorstwie postawionym
w stan upadłości likwidacyjnej
Chosen issues concerning revenues and expenditures of an enterprise
in the state of bankruptcy
Author(s): Janusz CzernySubject(s): Economy
Published by: Stowarzyszenie Księgowych w Polsce
Summary/Abstract: The aim od activities which lead to the liquidation of an enterprise is gaining some revenues from disposal of its assets, which would allow to cover the costs of the legal proceedings and satisfy the claims of creditors. In the case of bankruptcy of an enterprise two types of revenues come into question: those connected with selling the company or its part, and those deriving from continuation of its activities. Revenues from sale of a company should be predicted mainly on the basis of accounting data. This is the static aspect of bankruptcy and it is connected with valuation of the bankrupt’s assets. On the other hand, there is the dynamic aspect of bankruptcy, which relates to continuation of the company’s activities. The decision about the duration of continuing in operation by the bankrupt company should be made by the official receiver, on the basis of financial analysis of data generated by accounting. It is essential to manage all the costs properly to minimise them. This requires preparation, by the bankruptcy trustee, of the liquidation proceedings budget and a statement of costs of revenues of continuing operation, and subsequent strict control of their execution.
Journal: Zeszyty Teoretyczne Rachunkowości
- Issue Year: 2009
- Issue No: 50
- Page Range: 25-36
- Page Count: 11
- Language: Polish