Счетоводство, дигитализация, устойчивост – наука и практика : Международна научна конференция 105 години катедра &quot;Счетоводство и анализ&quot;, Университет за национално и световно стопанство, 25 – 27 март 2025 г.

Обръщение на проф. д-р Даниела Фесчиян

Обръщение на проф. д-р Даниела Фесчиян
(Аddress by Prof. Daniela Feschiyan)

Author(s):Author Not Specified
Language:Bulgarian
Subject(s):Essay|Book Review |Scientific Life, Scientific Life
Page Range:9-19
No. of Pages:11

Красиви моменти от конференцията

Красиви моменти от конференцията
(Beautiful Moments from the Conference)

Author(s):Author Not Specified
Language:Bulgarian
Subject(s):Essay|Book Review |Scientific Life, Scientific Life
Page Range:20-28
No. of Pages:9

Department of Accounting and Analysis – the Oldest Departament in UNWE

Department of Accounting and Analysis – the Oldest Departament in UNWE
(Department of Accounting and Analysis – the Oldest Departament in UNWE)

Author(s):Daniela Feschiyan
Language:English
Subject(s):Essay|Book Review |Scientific Life, Scientific Life, Conference Report
Page Range:29-40
No. of Pages:12

За необходимостта от прилагане на устойчив, концептуално базиран, стандартизиран модел за счетоводно отчитане на културното наследство в публичния сектор на България

За необходимостта от прилагане на устойчив, концептуално базиран, стандартизиран модел за счетоводно отчитане на културното наследство в публичния сектор на България
(Оn the Need of a Standardized Model for Accounting of Heritage Assets in the Public Sector of Bulgaria)

Author(s):Daniela Feschiyan
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, National Economy, Business Economy / Management, Governance, Public Administration, Economic policy, Accounting - Business Administration
Page Range:50-78
No. of Pages:29
Keywords:public sector accounting; assets; heritage assets; International Public Sector Accounting Standards; financial reporting; financial statement; financial report; accounting model
Summary/Abstract:This study proves the need for the implementation of a new conceptually based standardized model for accounting of heritage assets as a component of the management of public assets. The argumentation for the scientific and social relevance of the issues is determined by the following considerations: there is a lack of separate national and international accounting standard for the reporting of heritage assets in the public sector entities; in this country there are no professional debates on the highlighted issues; in 2021 the Institute of Certified Public Accountants in Bulgaria (ICPA) set up a working group on the problems of financial reporting in the public sector. The author s member of this group and participated in the process of legalizing and popularizing of the Conceptual framework for financial reporting in the public sector and IPSAS. Based on a retrospective critical analysis of the legal framework, the lack is exposed of a standardized model for accounting of heritage assets. The irrelevance is proved of the application of IPSAS 17 Property, plant and equipment (IPSASB, 2022) to heritage assets. What has been examined is the outlined trend in a diachronic aspect toward the frequent change of the standard in response to the existing problems and limitations related to the reporting of public assets. What has been tracked is the ongoing work of the International Accounting Standards Board with a view to improving public asset reporting (heritage assets) and the adoption of the new IPSAS 45 Property, plant and equipment (IPSASB, 2023), in which only some aspects are treated in heritage asset reporting and which, in the author’s view, is not narrowly targeted at the problems of the accounting of heritage assets. It is suggested that a conceptually based standardized model for heritage asset accounting should be adopted that will bring positive effects with regard to the benefit of financial reports for society at large as well as to the information about heritage assets in Bulgaria. The place of tangible heritage assets has been identified within the structure and content of general purpose financial reports. Arguments have been given in favor of the constructed two-component conceptually based standardized accounting model for heritage asset reporting. The effects are systematized of the introduction of an improved conceptually based standardized model and the assumption is held that the problem at the national level may be resolved only by the adoption of accounting standards that could possibly replace the current practice of the regulation of the accounting system in the public sector in Bulgaria through instructions and orders. The introduction of this new model will reduce subjectivity in reporting, the credibility will be raised of accounting information and ultimately the accounting methodology of public sector financial reporting and the currently existing practice will be improved. To reaffirm the research assumption and the accompanying working hypotheses the results from a empirical survey have been presented.

Ролята на счетоводството в парично-икономическата теория на Петър Струве и влиянието на Струве в България

Ролята на счетоводството в парично-икономическата теория на Петър Струве и влиянието на Струве в България
(The Role of Accounting in the Monetary and Economic Theory of Petar Struve and Struve's Influence in Bulgaria)

Author(s):Nikolay Nenovsky
Language:Bulgarian
Subject(s):Economy, National Economy, Accounting - Business Administration, Socio-Economic Research
Page Range:79-91
No. of Pages:13
Keywords:monetary accounting; theory of value and prices; Peter Struve; bulgarian economic thought
Summary/Abstract:The monetary and economic theory of Peter Struve (1870 – 1944), one of the most original Russian economists who emigrated after 1917, and the place of accounting in this theory will be presented. Peter Struve believes that economic activity is entirely and solely monetary accounting, and there is no need for a theory of value, whether based on labor or utility. Struve has several followers in Bulgaria, such as Prof. Demostenov, Prof. Dolinski and Prof. Belmer. He often visited Bulgaria and gave lectures.

Between Supply and Demand for Accountability in the Legitimation of Public Governance

Between Supply and Demand for Accountability in the Legitimation of Public Governance
(Between Supply and Demand for Accountability in the Legitimation of Public Governance)

Author(s):Paolo Ricci
Language:English
Subject(s):Politics / Political Sciences, Economy, Business Economy / Management, Governance, Accounting - Business Administration, Socio-Economic Research
Page Range:92-105
No. of Pages:14
Keywords:accountability; public governance; felt accountability; trust; happiness
Summary/Abstract:This work is a critical accountability literature highlighting some elements related to supply and demand and how their analysis is crucial for legitimising public governance and democracy. This paper seeks to delve deeper into the literature on the topic by highlighting some aspects of accountability, with particular attention to the metamorphosis that studies demonstrate of accountability, changes and challenges resulting from the relationship that develops between account holders and account givers. Theories have not always focused attention on some formal and non-formal processes that can affect the results of public administration and that qualify accountability. The article aims to understand the reasons for the gap and bridge that gap between supply and demand by focusing on some critical elements that emerge from the literature.

A Tale of Two Strategies: Financial Literacy in Portugal and Spain

A Tale of Two Strategies: Financial Literacy in Portugal and Spain
(A Tale of Two Strategies: Financial Literacy in Portugal and Spain)

Author(s):Pedro Tadeu, José Fernández-Batanero, Marta Rueda, Jose Cerero, Pedro Gravan
Language:English
Subject(s):Social Sciences, Economy, Education, Business Economy / Management, School education, Socio-Economic Research
Page Range:106-120
No. of Pages:15
Keywords:primary school; financial education; financial literacy
Summary/Abstract:We intend to study the state of financial literacy among primary school students in the Iberian Peninsula, focusing on Portugal and Spain. Financial literacy is a critical life skill, and its early introduction can significantly influence students' future financial behaviour. Our analysis targets students aged 6 to 12 by assessing how effectively financial education is integrated into primary school curricula within these regions. We focus on some existing data and educational programs related to financial literacy in primary schools. The study mainly gathered quantitative data and some minor qualitative elements from several sources, including scientific articles, local and national projects, curriculum reviews, and teacher and student assessments. Our main goal was to identify the current level of financial literacy among young students and evaluate the pedagogical approaches employed to teach these concepts in the long run. Preliminary findings suggest that while initiatives to incorporate financial education in primary schools exist, the extent and effectiveness vary significantly between countries. The analysis highlights key challenges, such as the lack of standardised curricula, insufficient teacher training, and varying levels of emphasis on financial literacy across different schools. Moreover, the data reveals a disparity in students' understanding of basic financial concepts, underscoring the need for more cohesive and comprehensive educational strategies. This study contributes to the ongoing discourse on financial education by providing insights into the current practices and identifying areas for improvement within the EU. It underscores the importance of early financial literacy education and its potential impact on fostering financially responsible future generations. Further research is important to connect to the EU policies that may allow the delivery of interventions to enhance financial literacy among primary school students not only in the Iberian Peninsula but also across other countries.

Challenges of Double Materiality on the European Sustainability Reporting Standard

Challenges of Double Materiality on the European Sustainability Reporting Standard
(Challenges of Double Materiality on the European Sustainability Reporting Standard)

Author(s):Isabelle Martinez, Jennifer Boutant, Mahsa Ghorbanijazin
Language:English
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, EU-Approach / EU-Accession / EU-Development, Accounting - Business Administration, Socio-Economic Research
Page Range:121-142
No. of Pages:22
Keywords:non-financial reporting; materiality; double materiality; ESRS; Corporate Sustainability Reporting Directive (CSRD)
Summary/Abstract:This study examines the diverse stakeholder viewpoints expressed in comment letters submitted during the public feedback period for the European Sustainability Reporting Standards (ESRS) Exposure Draft. The content analysis reveals a range of perspectives on the double materiality approach introduced by the Corporate Sustainability Reporting Directive (CSRD), which requires companies to assess and report on both the impacts of their activities on environmental and social matters (impact materiality), as well as the financial risks and opportunities arising from sustainability issues (financial materiality). Several themes emerged from the analysis, including concerns about the complexity and ambiguity of the double materiality concept, the potential for greenwashing and selective disclosure, challenges in measuring and quantifying impact materiality, and debates around the appropriate scope and boundaries for impact assessments. Stakeholders also highlighted the need for clear guidance, standardization, and alignment with existing frameworks to ensure consistent and comparable reporting practices. The identified themes provide insight into the diverse perspectives on materiality as discussed in the ESRS.

Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance

Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance
(Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance)

Author(s):Guido Migliaccio, Matteo Savino
Language:English
Subject(s):Economy, Business Economy / Management, Socio-Economic Research
Page Range:143-160
No. of Pages:18
Keywords:pandemic; financial statements analysis; ROE; leverage; Anova; Tukey-Kramer
Summary/Abstract:Aim: to focus on the trend of employment, profitability, and capital structure of a sample of 2,318 Italian private healthcare companies over the period 2013-2022 to test the following hypotheses: (H1) the pandemic increased employment; (H2) the virus increased profitability; (H3) the increase in healthcare demand improved the capital structure; (H4) there are no significant differences between the different macro-regions of the country. Methodology: analysis of financial statements and calculation of descriptive statistics. The ratios analysed are the Roe and the Financial Leverage. The outcomes are represented graphically with broken lines and interpolating curves. The data are subjected to ANOVA and Tukey-Kramer tests. Results: the number of employees increased following the previous trend. ROE increases everywhere in 2021, after a slump in 2020, then returns to average values, with some significant differences between some geographical areas. Leverage worsens, with some differences between macro-regions. Managerial implications: operators in the sector can compare their performance with the average, identifying inefficiencies. Trade associations and public institutions can better establish policies to support and guide private health care competing with public health care. Research limitations: The quantitative nature is based on a few variables. The representative sample only considers valid trends in averages over time but does not consider absolute values and qualitative variables. References to ethical-social aspects fundamental to the right to health and life are missing. Originality: using traditional methods, the interdisciplinary study investigates recent phenomena that are exceptional in their severity in a sector that is relevant to the national and international economy because it relates to the fundamental right of protecting citizens’ health.

Accounting for Change in the Public Sector: A Socio-Political Perspective

Accounting for Change in the Public Sector: A Socio-Political Perspective
(Accounting for Change in the Public Sector: A Socio-Political Perspective)

Author(s):Pietro Pavone
Language:English
Subject(s):Politics / Political Sciences, Economy, Essay|Book Review |Scientific Life, Business Economy / Management, Governance, Societal Essay, Accounting - Business Administration, Socio-Economic Research
Page Range:161-174
No. of Pages:14
Keywords:accounting; change; public sector; critical accounting; power
Summary/Abstract:This essay adheres to a critical and emancipatory accounting perspective, challenging traditional approaches based on a general neo-classical conception of organizations and economic agents. A brief overview of social and political studies of accounting for change is provided. The calculative instruments of accountancy inhabit extra-organizational spaces functional to the art of government. Governments are shown to have used accounting tools to promote political issues, making some aspects visible (with solid technical traction) to mask others (with a strong socio-political meaning). Theoretically descriptive and ontologically based on some of Foucault's intuitions, the work identifies some fundamental trajectories that have affected – using accounting „politically“ – the recent transformations of socio economic systems. A more influential academic debate would be possible starting from the assumption of accounting as a practice that is not only technical-administrative but, above all, socio-political. Such an approach would help to understand more deeply the involvement of accounting systems and techniques within social reality.

Digital Innovation on Finance, Accounting and Marketing

Digital Innovation on Finance, Accounting and Marketing
(Digital Innovation on Finance, Accounting and Marketing)

Author(s):Eliona Gremi, Mersida Morina, Ardian Durmishi
Language:English
Subject(s):Economy, Financial Markets, Accounting - Business Administration, Marketing / Advertising, ICT Information and Communications Technologies
Page Range:175-190
No. of Pages:16
Keywords:digital innovation; blockchain; artificial intelligence; big data; finance; accounting; marketing; technological transformation
Summary/Abstract:This paper examines the transformative impact of digital innovation on finance, accounting, and marketing, driven by the rapid advancement of technologies such as blockchain, artificial intelligence (AI), big data analytics, and cloud computing. The analysis demonstrates how these tools are redefining traditional practices, fostering cross-functional collaboration, and reshaping organizational strategies in an increasingly digitalized business environment. In finance, digital payment systems, robot-advisors, and decentralized finance (DeFi) platforms are revolutionizing traditional banking and investment services. Blockchain technology is enhancing security and transparency in transactions, while AI-driven tools are enabling real-time analytics and decision-making. In accounting, automation, AI-powered fraud detection systems, and cloud-based platforms are improving efficiency, reducing errors, and enabling real-time data access for strategic decision-making. Meanwhile, marketing has entered a new era of hyper-personalization. AI-driven predictive analytics, customer data platforms, and social media algorithms are empowering businesses to deliver targeted and impactful campaigns tailored to individual customer preferences. The paper identifies both opportunities and challenges associated with digital transformation. Key opportunities include cost savings, real-time data analysis, enhanced customer engagement, and improved decision-making capabilities. However, challenges such as cybersecurity risks, the shortage of skilled professionals, and complex regulatory requirements highlight the need for organizations to adopt strategic approaches to technology integration. By exploring adoption rates, implementation strategies, and cross-functional synergies, this study emphasizes the interconnected nature of finance, accounting, and marketing in the digital age. The findings offer actionable insights into emerging trends, best practices, and future directions, supporting organizations in navigating the complexities of digital innovation while unlocking its full potential for sustainable growth and competitive advantage.

Приносът на катедра „Счетоводство и анализ“ за България и света

Приносът на катедра „Счетоводство и анализ“ за България и света
(The Contribution of the Department of Accounting and Analysis to Bulgaria and the World)

Author(s):Daniela Feschiyan, Nikolay Oresharov, Radka Andasarova
Language:Bulgarian
Subject(s):Social Sciences, Economy, Education, National Economy, Supranational / Global Economy, Business Economy / Management, Higher Education , Accounting - Business Administration, Socio-Economic Research, Sociology of Education
Page Range:193-205
No. of Pages:13
Keywords:accounting research; contributions of the Department of Accounting and Analysis; public sector; financial reporting
Summary/Abstract:The Department of Accounting and Analysis is the oldest and most prestigious accounting department in Bulgaria. It was the first department established when the University of National and World Economy began its activities in 1920. The founder and first head of the department, Prof. Dr. Dimitar Dobrev, the first Bulgarian to defend a doctoral dissertation in accounting in 1911 in Germany was also one of the university’s founders and its second rector, recognized by the accounting community as the Patriarch of Accounting in Bulgaria. This report summarizes the importance and impact of the Department of Accounting and Analysis on the evolution of accounting knowledge and the development of the economy and society in Bulgaria and globally. It presents the academic contributions and public influence of the department’s most distinguished researchers, leaders and alumni. Additionally, it outlines modern academic achievements in the international field of public sector accounting, an area in which the department has become a national and European leader.

За необходимостта от промяна на наименованието на специалност "Счетоводство" на "Счетоводство и одит"

За необходимостта от промяна на наименованието на специалност "Счетоводство" на "Счетоводство и одит"
(On the Necessity of Renaming the "Accounting" Program to "Accounting and Audit")

Author(s):Daniela Feschiyan, Nikolay Oresharov, Radka Andasarova
Language:Bulgarian
Subject(s):Social Sciences, Economy, Education, Business Economy / Management, Higher Education , Accounting - Business Administration, Socio-Economic Research
Page Range:206-218
No. of Pages:13
Keywords:accounting; auditing; public sector; financial reporting
Summary/Abstract:On 25.02.2025, during a meeting of the Department of Accounting and Analysis, the Head of the Department, Prof. Dr. Daniela Feschiyan, raised the issue of renaming the program „Accounting“ to „Accounting and Audit“ with an emotional speech that highlighted the importance of the department and the program for the UNWE and Bulgaria as well as objective necessity for a timely update of the name. In her speech, Prof. Feschiyan outlined the incompleteness of the program’s current name and the absence of a significant aspect that accounting activity inherently contains but is not reflected in the name. The need for change is based on newly emerging regulatory requirements, regulated in the primary law governing accounting activity in our country – the Accountancy Act. The significance of the accounting profession was emphasized by Prof. Feschiyan with the argument that in the recent history of Bulgaria after 1989, Bulgaria is the only country in Europe where the Accounting Act was adopted before the Commerce Act. This highlights the importance of this law for our overall regulation of economic activities in the country, in which accounting activities hold a leading place. This report justifies the necessity and urgency of renaming the program „Accounting“, OCS „Bachelor“, full-time study and OCS „Master“, full-time study, two and three semesters from the previous name „Accounting“ by supplementing it with „Accounting and Audit”.

Отчетна рамка за докладване във връзка с устойчивостта – проекции върху законодателството в Р. България

Отчетна рамка за докладване във връзка с устойчивостта – проекции върху законодателството в Р. България
(Framework for Reporting in Relation to Sustainability – Projections on the Legislation in the Republic of Bulgaria)

Author(s):Snejana Bacheva, Roumiana Pozharevska
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, National Economy, Business Economy / Management, Governance, Economic policy, EU-Approach / EU-Accession / EU-Development, Accounting - Business Administration
Page Range:219-232
No. of Pages:14
Keywords:sustainability; Sustainability Reporting Standards; Sustainability Reporting Standards by SMEs; regulatory framework
Summary/Abstract:In June 2020, Regulation (EU) 2020/852 establishing a framework to facilitate sustainable investment was published. One year later, the European Commission published a proposal for a Corporate Sustainability Reporting Directive (CSRD), which contains certain rules for the disclosure of information related to sustainability issues. Directive (EU) 2022/2464 on corporate sustainability reporting entered into force on January 5, 2023. The same year, the first European Sustainability Reporting Standards (ESRS) were adopted. The adopted standards are based on drafts developed by EFRAG, which were presented for discussion by stakeholders at the end of 2022. The discussion involved various institutions such as the European Securities and Markets Authority, the European Banking Authority and The European Insurance and Occupational Pensions Authority, the European Environment Agency, the European Union Agency for Fundamental Rights, the European Central Bank, the Committee of European Audit Supervisory Authorities, etc. European standards cover a large range of environmental, social and governance (ESG) issues . Their adoption aims to: achieve an optimal balance between the administrative burden and the benefit of reporting for the interested parties; covering and reporting on a wide range of environmental, social and governance issues; achieving compliance with international sustainability standards; providing reliable and sufficient information for sustainability assessment; obtaining comparable information on sustainability and creating a common culture for greater public accountability. The report sets the goal of outlining the requirements of the main regulatory acts for reporting sustainability in the EU and their impact on the regulatory framework of the Republic of Bulgaria. The following tasks are set: to outline the role and specificity of the European Standards for sustainability reporting; to bring out the specifics of the European standards for sustainability reporting by small and medium-sized enterprises; to analyze the changes in the Accountancy Act and Law on the independent financial audit in connection with the reporting of sustainability issues in the Republic of Bulgaria.

The Development of the Management Accounting in the Future

The Development of the Management Accounting in the Future
(The Development of the Management Accounting in the Future)

Author(s):Teodora Roupska
Language:English
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
Page Range:233-241
No. of Pages:9
Keywords:management accounting; management accountants; competencies
Summary/Abstract:The question of the future development of management accounting is significant from the perspectives of both accounting theory and accounting practice. The management accounting system is organized with the primary aim of providing informational and analytical support to management for achieving optimal business outcomes. As management theories and practices evolve, management accounting also develops and improves. Changes in the external environment in which businesses operate began in the 1970s and 1980s with the onset of global competition, a trend that continues to this day. A management approach emerged, focusing on three key product characteristics: quality, cost, and timeliness of delivery. The information and analyses provided by management accounting must be directed towards these three elements. The continuous changes in the external environment, which are also characteristic of the current stage of socio-economic development, necessitate the application of strategically oriented management for the successful operation of an enterprise – management that is focused on the longer-term future. This creates a need for information and analyses in a strategic context. Such information and analyses are long-term and relate not only to internal but also to external phenomena and processes, taking into account potential risks that may arise. Traditional managerial accounting must evolve in line with strategic accounting, just as the operational management of an enterprise must align with its strategic management. The widespread digitalization that has occurred has significantly changed the conditions for business and its management, while simultaneously enabling the development of modern managerial accounting models. Managerial information and analyses are created by people – management accountants, who organize and oversee the functioning of the management accounting system within the enterprise. Whether the information and analyses produced meet the informational needs of management depends largely on the qualifications and competencies of the management accountants.

Производителността на труда като пряк фактор при анализа

Производителността на труда като пряк фактор при анализа
(Labour Productivity as a Direct Factor in Analysis)

Author(s):Krastyo Chukov
Language:Bulgarian
Subject(s):Social Sciences, Economy, Business Economy / Management, Sociology, Methodology and research technology, Economic development, Socio-Economic Research
Page Range:242-247
No. of Pages:6
Keywords:labour productivity; analysis models; direct factors; efficiency; profitability
Summary/Abstract:In the present report, the research is focused on labour productivity, manifested as a direct factor affecting some indicators – objects of the analysis. These indicators are: the volume of production, the efficiency of the living labour costs, the profitability on the basis of labour resources and the profitability on the basis of living labour costs. In this regard, a two-factor model for the analysis of production volume is presented. Also, using the method of deterministic factor modelling, the following have been drawn and presented: three-factor model for the analysis of the efficiency of living labour costs, a two-factor model for the analysis of profitability based on labour resources and a four-factor model for the analysis of profitability based on living labour costs.

Социален одит – същност, видове, перспективи и предизвикателства

Социален одит – същност, видове, перспективи и предизвикателства
(Social Audit – Essence, Types, Perspectives and Challenges)

Author(s):Miroslava Peicheva
Language:Bulgarian
Subject(s):Social Sciences, Economy, Business Economy / Management, Sociology, Methodology and research technology, Social development, Economic development, Socio-Economic Research
Page Range:248-260
No. of Pages:13
Keywords:social audit; remote social audit; social responsibility; sustainable development
Summary/Abstract:The purpose of this report is to analyze the essence of social audit, the types of social audit and to outline the prospects and challenges facing it. The development of social audit and the benefits of its application are analyzed. Its importance for sustainable development is argued.

The Role of Accounting in Public Interest Enterprises

The Role of Accounting in Public Interest Enterprises
(The Role of Accounting in Public Interest Enterprises)

Author(s):Atanas Atanasov, Galina Chipriyanova, Desislava Aleksandrova
Language:English
Subject(s):Economy, Business Economy / Management, Public Finances, Accounting - Business Administration, Socio-Economic Research
Page Range:261-269
No. of Pages:9
Keywords:accounting; accounting information system (AIS); public interest enterprises; Bulgarian Stock Exchange (BSE)
Summary/Abstract:Accounting plays a key role in the functioning of public interest entities. Its importance is closely tied to the processes of financial reporting and the management of these entities. The accounting information system (AIS) is designed to support the activities of employees, clients, investors and managers by collecting, organizing, and communicating accounting information. In public interest entities, the AIS is widely used for monitoring and forecasting financial data, which aids in achieving the enterprise’s financial goals. The goal of the research is to highlight the importance of the AIS for financial management and shareholder in public interest enterprises. Effective use of the AIS can contribute to improved financial performance and increased shareholder returns in the long term.

The Impact of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) on Corporate Reporting

The Impact of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) on Corporate Reporting
(The Impact of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) on Corporate Reporting)

Author(s):Atanas Atanasov, Galina Chipriyanova, Plamena Nikolova
Language:English
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, Economic policy, EU-Approach / EU-Accession / EU-Development, Accounting - Business Administration, Socio-Economic Research
Page Range:270-281
No. of Pages:12
Keywords:Corporate Sustainability Reporting Directive (CSRD); European Sustainability Reporting Standards (ESRS); corporate reporting; sustainability; business
Summary/Abstract:The study examines the impact of key European Union documents – Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS), on corporate reporting and sustainability. A brief overview of the Non-Financial Reporting Directive (NFRD), which set the basis for mandatory reporting of non-financial indicators, is provided and the limitations of the NFRD that lead to the need for a new framework are highlighted. The report analyses how the new directives extend the scope of mandatory reporting, introduce more rigorous standards and improve transparency in sustainable business management to meet contemporary environmental and social challenges.

Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment

Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment
(Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment)

Author(s):Valentina Staneva
Language:English
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, ICT Information and Communications Technologies, Socio-Economic Research
Page Range:282-294
No. of Pages:13
Keywords:financial and accounting management; financial result; specific accounting decisions; temporary tax differences; depreciation of assets
Summary/Abstract:Accounting is developing in an increasingly dynamic, digitalized environment, driven by the development of new technologies (including cloud), artificial intelligence, and their integration into the financial and accounting management of enterprises from the non-financial sector in a digital environment. Trust in the use of new technologies in accounting is built through processing, classification, generalization, presentation and control for the reliability of accounting information in reflecting economic facts, phenomena, and processes. It is also a prerequisite for compliance with the accounting principle for the true and honest presentation of the financial and property status of the enterprise. Digitalization in accounting imposes new requirements on financial and accounting management, caused by working with information arrays and the need to make management decisions in a digital environment, based on past experience and applying new approaches to achieve a positive financial result in conditions of competitiveness. The topic of specific aspects in financial accounting management of enterprises in the non-financial sector is relevant to the current and near-future economic conditions. It is connected to the evolving understanding of the accountant’s profession, where digitalization supports managerial decisions and creates prerequisites for sustainable societal development. At the same time, it provides a field for the implementation and application of new approaches in the preparation and implementation of the adopted accounting policy of the enterprise. The use of specific accounting decisions in forming the financial result should not be perceived as an attempt to manipulate the accounting information. An indicator of the correctness of the specific accounting decision is the presence of documentary justification, in the strict application of the regulatory framework requirements in the accounting and taxes field. The purpose of this study is to present the result of using a theoretical model to simulate the manifestation of the applicable specific accounting decisions in the formation of the financial result and subsequent assessment to justify an informed management decision for their application in the context of digital data transformation, in compliance with the requirements of accounting and tax regulations.

Проблеми на стандартизацията в счетоводството на малките предприятия

Проблеми на стандартизацията в счетоводството на малките предприятия
(Problems of Standardization in Accounting of Small Enterprises)

Author(s):Ali Veysel
Language:Bulgarian
Subject(s):Politics / Political Sciences, Social Sciences, Economy, Business Economy / Management, Governance, Sociology, Evaluation research, Accounting - Business Administration
Page Range:295-307
No. of Pages:13
Keywords:standardization in accounting; Bulgarian National Accounting Standards; International Financial Reporting Standard for Small and Medium Enterprises (IFRS for SMEs); International Financial Reporting Standards (IFRS)
Summary/Abstract:The report examines the problems of standardization in accounting of small enterprises. It presents some gaps in the accounting standards related to preparing relevant financial statements. Possible solutions are analyzed. Special attention is paid to the International Financial Reporting Standard for Small and Medium Enterprises (IFRS for SMEs). The differences between this standard and the International Financial Reporting Standards (IFRS), that lead to improving reporting for small enterprises, are systematized.

Инвестиционна политика на фондовете за допълнително задължително пенсионно осигуряване в България – тенденции и динамика

Инвестиционна политика на фондовете за допълнително задължително пенсионно осигуряване в България – тенденции и динамика
(Investment Policy of Supplementary Compulsory Pension Insurance Funds in Bulgaria – Trends and Dynamics)

Author(s):Atanaska Filipova-Slancheva
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, National Economy, Business Economy / Management, Governance, Economic policy, Welfare systems, Accounting - Business Administration, Socio-Economic Research
Page Range:308-330
No. of Pages:23
Keywords:pension insurance; investment policy; investments; accounting; Bulgaria
Summary/Abstract:Investments are an integral part of the pension insurance funds business model, as they have very high share in total asstes of supplementary compulsory pension insurance funds in Bulgaria – 93.13% as of end of 2023. The aim of the study is to review and analyze the investment portfolios of pension insurance funds in Bulgaria in view of the new regulatory requirements, actual investment trends. In the study Bulgarian pension insurance sector is examined – regulations and professional literature on investments of supllementary compulsory pension funds, their investment policy, type of investments, along with accounting approach and accounting standards. Data for pension insurance funds investments is obtained from publicly available sources and financial publications by Financial Supervision Commission (FSC) and Bulgarian National Bank (BNB), along with website of the respective pension companies. Findings show that there have been new specific trends for Bulgarian pension insurance funds, in terms of their investment portfolios, list of involved financial instruments throughout recent years. General conclusion is that investments of pension insurance funds are changing and rebalancing within specific asset class. Due to strict regulatory investment limits, conservative risk management approach, debt securities and other fixed-income securities (government bonds) are the asset class with highest share in total.

Проблеми при оповестяването на информация за устойчивостта в компаниите с глобална дейност

Проблеми при оповестяването на информация за устойчивостта в компаниите с глобална дейност
(Sustainability Disclosure Issues in the Companies with Global Activity)

Author(s):Diana Petrova
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Accounting - Business Administration, Socio-Economic Research, Green Transformation
Page Range:331-344
No. of Pages:14
Keywords:sustainability reporting; sustainable development; convergence
Summary/Abstract:The paper substantiates the need to implement uniform, internationally recognized requirements for the disclosure of information related to sustainability by companies with global activity in the contemporary conditions of ever-increasing globalization of the world economic space. The role and importance of international sustainability standards and the possibilities for their functioning as a global baseline of sustainability disclosures are examined. The important advantages and benefits of applying uniform global sustainability reporting standards are systematized, both from the point of view of companies disclosing information on sustainability, and from the position of users of this information. The results of the research give grounds for the conclusion that the activities of modern global companies are of crucial importance for achieving the goals of sustainable development in the economic, ecological and social aspects on a global scale, for addressing the global challenges facing humanity, requiring immediate and wide-ranging actions. The expectations and hopes are that the successes and progress resulting from the efforts of the international community towards convergence in the field of sustainability reporting will make a significant contribution to ensuring a better life in today's global world and a more sustainable future for the next generations.

The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes

The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes
(The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes)

Author(s):Kalina Kavaldjieva
Language:English
Subject(s):Politics / Political Sciences, Economy, Business Economy / Management, Governance, Accounting - Business Administration, Socio-Economic Research
Page Range:345-359
No. of Pages:15
Keywords:fair value; ESG; sustainability; financial reports; capital valuation
Summary/Abstract:In the modern economy, the concept of ESG (Environmental, Social, Governance) is gaining increasing importance. ESG factors represent sustainability indicators that measure companies' performance in three key areas: environmental, social, and governance. These factors are no longer just an ethical add-on but a fundamental tool for analyzing corporate value. Fair Value and ESG – Fair value is a concept used in accounting and finance to determine the actual market value of an asset or liability. The impact of ESG on fair values is becoming increasingly evident as sustainable practices reduce risks and enhance corporate reputation. The primary question is how ESG metrics transform traditional valuation methodologies and contribute to deriving accurate fair values. Financial Reporting Implications – In companies' annual financial reports, assumptions are made regarding developments and the risk of material adjustments (IAS 1) in relation to the fair value adopted for the balance sheet values of assets and liabilities for the upcoming financial year. Here, disclosures related to climate issues, social issues, and governance matters are reflected, particularly when such issues create uncertainties affecting the assumptions used in preparing estimates – for example, projections of future cash flows in an impairment test for an asset or the best estimate of costs needed to fulfill a decommissioning obligation. Transparency and Investor Communication – Companies must present these disclosures in a way that helps investors understand the judgments made by management about the future. While the nature and scope of the information provided may vary, it could include, for example: The nature of the assumptions; The sensitivity of fair values to the methods, assumptions, and estimates used in their calculation; The reasons behind such sensitivity.

Интегриран отчет или отчет за устойчивост

Интегриран отчет или отчет за устойчивост
(Integrated Report or Sustainability Report)

Author(s):Katya Zlatareva
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, Socio-Economic Research
Page Range:360-376
No. of Pages:17
Keywords:ESG reporting; „E" -ecological foot-print of the activity; „S" -social aspect of the activity; „G" -indicators for the activity of the governing bodies
Summary/Abstract:The content of the report is determined by the increasing needs for the unity of financial reporting and the reporting of sustainable development processes, or a kind of amalgam of financial and non-financial reporting information. At the same time, they are accepted as a unity of mutual influences, and not as a mechanical union of two components. The financial results of the corporation are obtained both from the known processes of value creation and from the influence of external factors, social environment, corporate social responsibility, compliance with environmental factors and others. The problems of poverty, employment, and professional growth are problems for the future of any economic system, but also steps in the present towards this goal. The International Integrated Reporting Committee (IIRC) and the International Federation of Accountants (IFAC) operate with such a focus.

Балансът в счетоводната система на България след Освобождението до установяване на държавна планова икономика

Балансът в счетоводната система на България след Освобождението до установяване на държавна планова икономика
(The Balance in the Accounting System of Bulgaria After Liberation Until the Establishment of a State Planned Economy)

Author(s):Kameliya Savova
Language:Bulgarian
Subject(s):Economy, Accounting - Business Administration, Socio-Economic Research
Page Range:377-390
No. of Pages:14
Keywords:balance sheet; assets; liabilities; capital
Summary/Abstract:The research presents opinions on the nature of the accounting balance in the accounting system of Bulgaria after the Liberation until the establishment of a state planned economy. The views of accounting researchers who worked during this period are examined. The essence of equity, the types of assets and liabilities forming the content of the balance sheet, according to the legislation in those years, is clarified. A comparative analysis was made with the current form and content of the balance sheet, according to the National Accounting Standards. The result is an established similarity and partial differences in the content and applied approaches in compiling and presenting the company's balance sheet.

Нови изисквания за отчитане във връзка с устойчивостта в банковия сектор

Нови изисквания за отчитане във връзка с устойчивостта в банковия сектор
(New Requirements of Sustainability Reporting in the Banking Sector)

Author(s):Liliya Rangelova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration, Socio-Economic Research
Page Range:391-405
No. of Pages:15
Keywords:sustainability; bank; standards; sustainability report
Summary/Abstract:In recent years, the efforts of the government and institutions in Bulgaria have focused on creating an economy that benefits people and the environment. Banks have an important role and responsibilities, because they can channel investments to more sustainable technologies and businesses, finance growth in a sustainable way over the long term and contribute to the creation of a low-carbon, climate-resilient and circular economy. The latter gives rise to the need to create a regulatory framework that will determine the requirements for identifying, measuring and disclosing the risks and opportunities of banks. Accountants and auditors face new challenges related to the appropriate disclosure of these issues. The aim of this paper is to point out the key challenges for the banks in Bulgaria in dealing with ESG risks and sustainability reporting as result of the new regulations in the area of non-financial reporting and the disclosure of information related to environmental, social and governance risks. The author argues that gaps in the reporting of ESG risks could become a serious problem to the financial system if the banks do not integrate them into their business model, strategy and governance as soon as possible.

Новите възможности пред консолидацията на финансовите отчети с въвеждането на МСФО 19 "Дъщерни предприятия без публична отчетност : Оповестявания"

Новите възможности пред консолидацията на финансовите отчети с въвеждането на МСФО 19 "Дъщерни предприятия без публична отчетност : Оповестявания"
(The New Opportunities for Consolidated Financial Reporting with the Introduction of IFRS 19 "Subsidiaries without Public Accountability : Disclosures")

Author(s):Lilyana Dzhoneva
Language:Bulgarian
Subject(s):Politics / Political Sciences, Economy, Business Economy / Management, Governance, Accounting - Business Administration
Page Range:406-419
No. of Pages:14
Keywords:IFRS; financial reporting; consolidated financial statements; subsidiaries; disclosures
Summary/Abstract:The introduction of IFRS 19 ''Subsidiaries without Public Accountability: Disclosures'' is intended to simplify the disclosure requirements for subsidiaries that do not have public accountability, while allowing them to be consistent with the recognition and measurement principles of other IFRS standards. This report examines the opportunities that IFRS 19 presents for consolidated financial reporting, focusing on the delicate balance between the potential to reduce administrative costs for certain subsidiaries and the quality of the financial information provided. The report examines specific disclosures that are dropped for qualifying subsidiaries, as well as the statutory and regulatory challenges related to reduced transparency and comparability that could affect the application of the standard.

Анализ на зависимостта "Ефективност – Доходност – Растеж"

Анализ на зависимостта "Ефективност – Доходност – Растеж"
(Analysis of the "Efficiency – Profitability – Growth" Relationship)

Author(s):Lyubomir Todorov
Language:Bulgarian
Subject(s):Social Sciences, Economy, Business Economy / Management, Sociology, Methodology and research technology, Management and complex organizations, Socio-Economic Research
Page Range:420-432
No. of Pages:13
Keywords:business growth; profit dynamics; business profitability; business efficiency
Summary/Abstract:The report clarifies the various aspects in which business growth can be considered and assessed, and explains the relationship Efficiency – Profitability – Growth. Models are presented for studying the influence of important factors on the dynamics of profit and growth of the company, such as changes in sales revenue and profit margin. They are useful both for business management and for forecasting the future development of the company and determining the fair price of shares. Guidelines are given for conducting a comparative analysis of growth rates in two directions – in relation to industry leaders and in relation to individual aspects of growth. In conclusion, the emphases of the report are outlined, which determine the significance and relevance of the topic.

Иновативни решения в образователния процес по счетоводство в условията на дигитална среда

Иновативни решения в образователния процес по счетоводство в условията на дигитална среда
(Innovative Digital Solutions in the Educational Process of Accounting)

Author(s):Maria Markova
Language:Bulgarian
Subject(s):Social Sciences, Economy, Education, Business Economy / Management, Sociology, Higher Education , Social Informatics, Accounting - Business Administration, ICT Information and Communications Technologies, Sociology of Education
Page Range:433-439
No. of Pages:7
Keywords:education of accounting; digitalization; ERP systems
Summary/Abstract:This report investigates the emergence, evolution, and implementation of open ERP systems within the context of accounting education. The analysis emphasizes open source systems that leverage gamification as a pedagogical approach, offering a platform for developing critical competencies required for students to effectively navigate the digital business landscape of the modern era. Particular attention is given to the Belgian open source ERP system Odoo, which has been widely adopted for instructional purposes in vocational schools and higher education institutions globally.

Оповестяване във финансовите отчети на предприятията на реализацията на основните принципи на ООН в тяхната дейност

Оповестяване във финансовите отчети на предприятията на реализацията на основните принципи на ООН в тяхната дейност
(Disclosure of the Realisation of the UN Main Principles in the Entities’ Business in Their Financial Statements)

Author(s):Maia Natchkova
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, Governance, Economic policy, Business Ethics, Socio-Economic Research
Page Range:440-449
No. of Pages:10
Keywords:UN Global Compact; main principles; financial statements; disclosure
Summary/Abstract:The UN Global Compact encourages financial and non-financial entities to apply in their operations and areas of influence a set of values related to socially responsible practices, exchange of experience and building dialogue or partnerships with other persons and institutions, such as state and local authorities, employer’s and trade union organisations, civil and public organisations, academic institutions, etc. The timely and priority-wise application of the main principles set out in the UN Global Compact is crucial for the successful development of any entity’s business. These principles may be realised in entities’ business through the adoption, support and particular application into four different categories: human rights, labour regulations, environment and anti-corruption. The disclosure of the realisation of the UN main principles in the entities’ financial statements is a new key aspect of their accounting. Accounting function must create, process, analyse and disclose in the entities’ financial statements adequate, true and fair information for the application of these principles in their business. The objective of this report is to show how entities present the realisation of the main principles set out in the UN Global Compact in their financial statements and what kind of information they disclose about such principles. In order to achieve the above objective, the report consistently highlights the ten UN main principles, what kind of information is created in the accounting for their realisation in the entities’ business and what kind of information is disclosed in the financial statements.

Accounting Education and Integrative – Thinking Capabilities

Accounting Education and Integrative – Thinking Capabilities
(Accounting Education and Integrative – Thinking Capabilities)

Author(s):Michael Musov
Language:English
Subject(s):Social Sciences, Economy, Education, Business Economy / Management, History of Education, Accounting - Business Administration, Socio-Economic Research, Sociology of Education
Page Range:450-461
No. of Pages:12
Keywords:accounting education; integrated thinking; integrative thinking; phenomenology; sustainability reporting
Summary/Abstract:This paper aims to conduct a comparative analysis of the integrative-thinking capabilities identified in a report by the Association of Chartered Certified Accountants (ACCA, 2023a) and the phenomenologically-informed framework for accounting education, proposed by Musov (2017). Integrative thinking, at the individual level, supports integrated thinking, at the organizational level, which forms the basis of high quality corporate reporting, including multi-stakeholder sustainability reporting. Phenomenologically-in-formed educational framework is a critique and an extension of one of the most recent and significant attempts to redirect the accounting higher education model. The results of this desk-based research indicate that over the past seven years there has been an increased awareness and acceptance, especially among professional organizations, that accounting, finance and business professionals will need a balance of professional competencies and (inter)personal capabilities in the future. This finding suggests a new momentum not just to play but to redefine the „vocational game“ (Demski, 2007) in accounting education. It revives the old idea of a more humanistic accounting education model, which is consistent with the intrinsic values of any education as well as with academic traditions. This overarching idea summarizes the paper’s contribution to the existing accounting literature.

Предимство ли е съдържанието пред формата?

Предимство ли е съдържанието пред формата?
(Does Substance Take Precedence Over Form)

Author(s):Nikolay Oresharov
Language:English
Subject(s):Economy, Accounting - Business Administration, Socio-Economic Research
Page Range:462-477
No. of Pages:16
Keywords:substance over form; professional judgement; faithful representation; economic reality; taxation of mergers and acquisitions
Summary/Abstract:This paper poses three significant questions related to the recognition of the elements of the financial statements, consistent with the economic reality of economic processes and phenomena, rather than merely their legal form. The first question is why the economic reality conflicts with the legal regulation. Achieving conformity is a component of the legal regulation of social relationships. The faithful representation in financial reporting can be a significant consequence, but not a key catalyst, for the settlement of these relationships. The second question is to what extent accountant’s professional judgement should emphasize economic substance over legal form. Restricting this judgment through financial reporting standardization may redefine the understanding of professionalism, potentially reducing accountants to implementors of technical rules and guidelines, with limited opportunities to exercise professional discretion. As a result, accountants may become conduits for enforcing an abstract economic reality, shaped by the assumptions and values of the economic ideology underlying the applied standardization. This raises the third question, namely, whether the economic substance that the financial statements claim to represent faithfully truly exists. Anticipatory recognition of social relationships that have not yet found their final legal regulation can be a sign of progressive improvement in the creation of finncil information. However, there is also the possibility that the economic substance presented in the financial statements may diverge so significantly from actual social relationships that it renders the resulting economic information irrelevant and unreliable. These questions highlight the uncertainty regarding the usefulness of the information, aligned with the accounting principle that economic substance should take precedence over legal form in reporting processes and phenomena – a concept reflected in the title of this paper’s central questions – Does Substance Take Precedence Over Form?

Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis

Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis
(Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis)

Author(s):Rositsa Ivanova
Language:English
Subject(s):Economy, Business Economy / Management, ICT Information and Communications Technologies, Socio-Economic Research
Page Range:478-490
No. of Pages:13
Keywords:productivity; sustainable growth rate; financial stability; models for analysis
Summary/Abstract:At the end of 2023, the European Commission published the Annual Sustainable Growth Strategy 2024, which is based on four interrelated dimensions of competitive power, and namely: environment, productivity, stability and fairness. The object of study in this report are the four dimensions of competitive power being manifested both at macro- and at micro-level. The subject of study refers to the manifestation of the strategic dimensions of the competitive power of enterprises that operate in the national economy. To this end, the author presents models for analysis of: effective use of live labor – the indicator for productivity of labor; the enterprise’s sustainable growth rate; the enterprise’s financial stability. The effective management of the enterprise in compliance with the requirements for environmental-friendly business, for environment protection, for productivity increase, for achieving and maintaining financial stability, is an objective prerequisite for generating added value from operations, for improving the competitive power and income of enterprise’s staff, and thus, for improving the competitive power of the national economy, fair distribution of resources, increase of income and standard of living of the population in Bulgaria. The suggested models for analysis are coordinated with the opportunities for digitalization of enterprise’s business analysis. The report also highlights issues relevant to the use of artificial intelligence in the practice of the financial and business analysis of the enterprise’s activity.

Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future

Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future
(Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future)

Author(s):Hristina Oreshkova
Language:English
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, Socio-Economic Research, Green Transformation
Page Range:491-513
No. of Pages:23
Keywords:corporate sustainability reporting; climate change; climate-related disclosure; transparency; consistency; coherence
Summary/Abstract:Scientists have long agreed that climate change will be a major challenge for humanity in the coming decades. Extensive research supports this view and hypothesis. There is widespread agreement that climate change is accelerating to the point where it poses an existential threat to humans and other living things, as well as unprecedented challenges (risks) to businesses in various sectors of the economy. In the midst of this global urgency, there is a growing need for truthful, transparent and consistent information on climate-related issues. It is therefore vital that these issues are brought to the forefront of corporate governance and management awareness so that good disclosure practices can be developed on a large scale to adequately respond to the threat. Therefore, where deemed material, current or potential risks (physical or transitional), dependencies (on) and exposure to such risks, and opportunities (prospects) for mitigation and adaptation should be thoroughly analysed, assessed, reviewed and disclosed. It is the author’s contention that the trustworthiness, transparency and consistency (coherence and comparability) of climate-related disclosures have proven to be of great importance in achieving disclosure effectiveness and usefulness for interested parties – present and potential investors, creditors, lenders, employees and all members of society. The author’s objective is to identify, discuss and highlight key issues and to justify the global need for a strategic approach to the development, adoption and implementation of corporate policies that enable companies to provide meaningful information to stakeholders and to disclose it in a transparent, consistent and well-organised manner. The article identifies and analyses the main reasons for the prevailing lack of quality in climate-related reporting and disclosure practices world-wide, and justifies the global need to address and overcome existing weaknesses and vulnerabilities. It is reasonable to expect that a forward-looking approach would benefit not only the company by enhancing its performance, reputation and public trust, but also investors, other stakeholders, present and future generations and their sustainable future. By adopting such an approach, companies can, over time, gradually contribute to the world’s transition to a low-carbon, climate-resilient economy. A key prerequisite for achieving this is greater alignment of the conceptual frameworks used around the world, as well as the mechanisms and means to influence reporting and disclosure policies and practices.

Подходи за анализ на финансовото състояние на организациите от публичния сектор

Подходи за анализ на финансовото състояние на организациите от публичния сектор
(Approaches to the Analysis of the Financial Position of Public Sector Organizations)

Author(s):Daniela Georgieva
Language:Bulgarian
Subject(s):Politics / Political Sciences, Social Sciences, Economy, Business Economy / Management, Governance, Sociology, Methodology and research technology, Socio-Economic Research
Page Range:514-527
No. of Pages:14
Keywords:public sector; financial analysis; financial position; financial sustainability; budget enterprises
Summary/Abstract:The purpose of the report is to propose a systematized approach for financial analysis of the financial position and financial sustainability of public sector organizations due to their specifics of financing and the functions they perform. The importance and role of financial analysis in the public sector is justified. The information base for conducting financial analysis at budget organizations is analyzed. An analysis approach is proposed based on a combination of qualitative and quantitative methods for the analysis of financial (and non-financial) information in the areas of activity of the organizations – budget, effective management of EU funds and independent economic activity. A system of three groups of indicators related to the analysis of liquidity and solvency, indebtedness and the efficiency of the use of resources of the budget organization is proposed.

Предизвикателства пред развитието на счетоводната професия в България

Предизвикателства пред развитието на счетоводната професия в България
(Challenges Facing the Development of Accounting Profession in Bulgaria)

Author(s):Nadezhda Popova-Yosifova
Language:Bulgarian
Subject(s):Economy, Accounting - Business Administration, Socio-Economic Research
Page Range:528-542
No. of Pages:15
Keywords:accounting; education; artificial intelligence
Summary/Abstract:The accounting profession occupies an important position in the business activities in Bulgaria as well as worldwide. Today’s world brings many challenges for both the accounting education and the practitioners of accounting– the digitalization and use of artificial intelligence, the outsourcing activities, the development of the multinational companies and the international business, and the sustainability reporting. This paper aims to draw some attention on the new economic realities, and to outline the changes that are necessary in the teaching of accounting courses and the key competencies and skills which are important for the successful realization of the accounting staff.

Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria

Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria
(Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria)

Author(s):Diana Papradanova
Language:English
Subject(s):Economy, Business Economy / Management, Financial Markets, Business Ethics, Socio-Economic Research
Page Range:543-559
No. of Pages:17
Keywords:corporate social responsibility; sustainable development; banking institutions; non-financial disclosure; activity report
Summary/Abstract:The pivotal role and function of banks in the economic landscape requires that these institutions be reliable and trustworthy business partners in their relationships with counterparties across various sectors of the economy. At the same time, they must remain attuned to the processes of societal development on both national and international levels. The concept of corporate social responsibility reflects the sustainable development and engagement of enterprises with the challenges and overall progress of society. The aim of this study is to investigate the practices of banks in the Republic of Bulgaria related to the approaches for disclosing information concerning corporate social responsibility. To achieve this objective, the authors have examined the existing literature and analysed the practices associated with the disclosure of corporate social responsibility information in banks' reports. In order to ensure a comprehensive analysis of the information, a correlation was established between the analysis results and the categorization of banks based on the volume of their assets according to the classification of the Bulgarian National Bank. The research resulted in an assessment of the existing disclosure approaches and formulation of specific recommendations for their enhancement to improve the quality of the information provided.

Accounting Treatment of Waste in the Context of Mining Industry

Accounting Treatment of Waste in the Context of Mining Industry
(Accounting Treatment of Waste in the Context of Mining Industry)

Author(s):Galya Ivanova-Kuzmanova
Language:English
Subject(s):Economy, Business Economy / Management, Energy and Environmental Studies, Accounting - Business Administration
Page Range:560-570
No. of Pages:11
Keywords:mining industry; IAS 37 Provisions; Contingent Liabilities and Contingent Assets; provisions; accounting; sustainable development
Summary/Abstract:The relevance of the researched issue is dictated by еffective waste management in the mining industry which involves strict and accurate adherence to environmental regulations and accounting standards. Solid mining waste includes rock masses and slag, while mineral processing generates waste like tailings and wastewater containing minerals and chemicals. The research defends the thesis that the management of these wastes requires both physical handling and advanced technologies for recycling and reuse. The results of the research find expression in: the researched enterprise can improve its practices by enhancing internal controls with automated systems, conducting regular audits, investing in staff training, increasing transparency through detailed reporting and investing in innovative recycling technologies; these actions will help the company balance economic interests with environmental protection and contribute to sustainable development; by implementing these best practices and recommendations, the researched enterprise can strengthen its role as a responsible leader in the mining industry, ensuring compliance with regulations and contributing to the region’s and country’s sustainable development.

Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition

Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition
(Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition)

Author(s):Galina Chipriyanova, Tsvetelina Yalamova
Language:English
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, ICT Information and Communications Technologies
Page Range:571-586
No. of Pages:16
Keywords:Strategic Management Accounting (SMA); digital transformation; sustainable transition; Corporate Sustainability Reporting Directive (CSRD); European Sustainability Reporting Standards (ESRS)
Summary/Abstract:A fair socio-ecological transition is a key challenge facing modern organizations, requiring an effective combination of sustainability, social justice and economic efficiency. This research paper explores the role of strategic management accounting in the context of digital transformation, focusing on its potential to support a fair transition. It analyses key tools and approaches through which accounting can integrate environmental and social objectives into strategic management. It examines best practices and highlights the innovations that digitalization brings to the field of management accounting, offering solutions to effectively address the challenges of transition.

Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector

Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector
(Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector)

Author(s):Galina Chipriyanova, Niya Marinova
Language:English
Subject(s):Economy, Business Economy / Management, Energy and Environmental Studies, Accounting - Business Administration, ICT Information and Communications Technologies
Page Range:587-596
No. of Pages:10
Keywords:enterprises; energy sector; accounting; automation; cloud technologies, information
Summary/Abstract:Automation of accounting processes in energy enterprises is becoming a key factor in their transformation, as a result of new ICTs. The digitization of data is one of the leading aspects of this advancement. It enables the transition to digital data formats, allowing for the automatic collection, processing, transmission, and storage of accounting information. Intelligent data processing systems also play a crucial role in the automation process. Based on advanced technologies like AI and machine learning, they assist in the automatic processing and analysis of large volumes of data. The result is faster and more accurate processing of accounting information, revealing important patterns and trends.

Opportunities for Optimizing Accounting Through Intelligent ERP Solutions

Opportunities for Optimizing Accounting Through Intelligent ERP Solutions
(Opportunities for Optimizing Accounting Through Intelligent ERP Solutions)

Author(s):Stanislav Aleksandrov, Galina Chipriyanova, Diyana Popova
Language:English
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, ICT Information and Communications Technologies
Page Range:597-605
No. of Pages:9
Keywords:ERP solutions; automation; integration; accountability; analysis; competitiveness
Summary/Abstract:Intelligent ERP solutions significantly optimize accounting and financial management in modern enterprises. Through automation of routine tasks, data integration, and improved accountability, ERP systems enhance the efficiency and accuracy of financial operations. They offer automated report generation and analyses, allowing managers to respond quickly to changes in performance. Despite the challenges of implementation, such as high costs and employee resistance, successful integration of ERP systems requires careful planning, staff training, and good communication between departments. Investment in ERP is crucial for the competitiveness of organizations. The results of the research find expression in: the intelligent ERP solutions provide contemporary enterprises with powerful tools for optimizing accounting and improving financial management; through process automation, data integration and advanced reporting, they not only enhance the efficiency and accuracy of financial operations but also support managers in making strategic decisions that are very important for the sustainable development of organizations; despite the challenges in implementation, careful planning and training can minimize risks and ensure the successful deployment of ERP systems, helping businesses navigate the dynamics of the modern business environment.

Особености при отчитането на бюджетното изпълнение в зависимост от поставените цели и информационните потребности

Особености при отчитането на бюджетното изпълнение в зависимост от поставените цели и информационните потребности
(Specificities of Budget Execution Reporting Based on Goals and Informational Needs)

Author(s):James Jolovski
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, Fiscal Politics / Budgeting, Accounting - Business Administration
Page Range:606-613
No. of Pages:8
Keywords:budget; budget execution; reporting
Summary/Abstract:The present study examines budget execution reporting in relation to set objectives and information needs, distinguishing between financial and managerial accounting systems in this context. The methodological approaches to budget preparation and execution control, as well as the different forms of budgeting and their corresponding reports, are analyzed. On the one hand, budgets can be structured similarly in form and content to financial statements but oriented towards the future – budgeted balance sheet, budgeted income statement, budgeted cash flow statement, and budgeted equity statement. Although budgeting for financial position and changes in equity is possible, this practice is not widely adopted. The most commonly used and key forms for managerial decision-making are those related to cash flows, due to their importance in liquidity management, as well as revenue and expense budgets, which are linked to the target financial result. On the other hand, budgets can be structured based on the functional allocation of funds and their alignment with non-financial goals. Under this approach, they significantly differ in form and content from financial statements. Budget execution reporting is carried out either through a complex system of analytical accounts or through „mapping" in a parallel system, with each of these two approaches having its own advantages and disadvantages.

Възможности за разработването на модел за счетоводно отчитане на сделките за реекспорт на стоки

Възможности за разработването на модел за счетоводно отчитане на сделките за реекспорт на стоки
(Opportunities for Developing an Accounting Model for Re-export Transactions)

Author(s):Stanislava Pancheva
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, Governance, International relations/trade, Accounting - Business Administration
Page Range:614-628
No. of Pages:15
Keywords:re-export; accounting; foreign trade transactions; goods
Summary/Abstract:The report examines the essence and features of transactions for the re-export of goods, derives a definition for them for accounting needs and highlights their inherent characteristics. The possibilities for accounting treatment of the indicated transactions are studied and, based on their generalization, analysis and refinement, an accounting model is structured. It is proven through testing in a real environment that the model is legal and methodologically sound. It can be used in the activities of non-financial enterprises – re-exporters in the country and this would significantly facilitate their accounting work. The introduction of the model into practice would also lead to an increase in the efficiency of accounting activities, which argues the thesis that it is applicable and necessary in practice.

Два факта за дизайна на пазара на електрическата енергия в контекста на амбицията за дълбока декарбонизация и устойчивост

Два факта за дизайна на пазара на електрическата енергия в контекста на амбицията за дълбока декарбонизация и устойчивост
(Two Facts about Electricity Market Design in the Context of the Ambition for Deep Decarbonisation and Sustainability)

Author(s):Victor Avramov
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, Energy and Environmental Studies, Environmental and Energy policy, EU-Approach / EU-Accession / EU-Development, Socio-Economic Research, Green Transformation
Page Range:629-640
No. of Pages:12
Keywords:electricity market; decarbonization; sustainability
Summary/Abstract:This report focuses on two facts about electricity market design in Europe: the shift of the supply curve to the right with the entry of renewable generation and the relationship between electricity and gas prices. The paper first illustrates, through a simulation with simplified modelling, how the entry of producers with near-zero marginal costs shifts the supply curve to the right and lowers the market price. However, different assumptions about demand elasticity and market behaviour lead to significant variations in the results, showing that market power can play a significant role in market outcomes. Then it continues with an analysis of the relationship between monthly gas and electricity prices in Bulgaria and Germany/Luxembourg with a linear regression revealing very strong relationship (R2 about 0.95). This is also confirmed by data from the European Commission and Eurostat, which note a sharp increase in final prices for industrial and household consumers in the period 2020 – 2023. In conclusion, it is emphasized that although the increasing share of renewable sources reduces average market prices, the day-ahead market price mechanism is the reason for the persistence of a strong relationship between gas and electricity prices. In addition, opportunities for strategic behavior remain, which necessitates the need for additional incentives for reserve capacity and flexibility to ensure security of supply and achieve decarbonization goals.

Влияние на ESG регулациите върху бизнеса

Влияние на ESG регулациите върху бизнеса
(Impact of ESG Regulations on Business)

Author(s):Plamen Iliev
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, Business Economy / Management, Governance, EU-Approach / EU-Accession / EU-Development, Accounting - Business Administration, Socio-Economic Research
Page Range:641-653
No. of Pages:13
Keywords:business; environment; climate; regulation; reports
Summary/Abstract:About seventy years ago, Robert Gray in Scotland started serious research in the field of environmental accounting, which gradually developed at a faster pace, as environmental accounting began to be associated with social accountability and the preparation of environmental accounting statements by companies, in order to arrive at the end of the last century to apply sustainable development accounting. Only a dozen years ago, it was believed that the main goal of business was to maximize profits and short term returns for shareholders, without regard to the social or environmental impacts of doing so. After 2020, based on the previously adopted Paris Agreement on climate change and the UN Sustainable Development Program until 2030. as well as the crises of recent years, this is no longer fashionable, and more and more companies are revising this basic dogma, taking into account the public interest as well. The field of corporate social responsibility (CSR) is already being imposed, and today there is already talk about ESG (Environmental, Social and Governance) as a cornerstone of sustainable and responsible investing. It is accepted that ESG is based on three main factors to measure the sustainability of investments – environmental, social and corporate responsibility. Environmentalists see it as caring for nature with actions against climate change, harmful emissions and greenhouse gases, use of clean water, etc. Social factors help a company manage its relationships with employees, suppliers, customers, communities, which includes labor standards, health and safety, relationships, and more. Corporate governance includes the qualities of company management, executive pay, audits and internal controls, management transparency, etc., with the expectation that any well-run and responsible company that cares about people, customers and the environment is more likely to perform better and outperform its competitors who do not. ESG is perceived as a general framework of organizations' impact on the environment and the quality of management, therefore when each company evaluates its impact through the prism of ESG, it will be able to plan its development to respond to changes and regulations in this direction.

Обръщение на проф. д-р Даниела Фесчиян

Обръщение на проф. д-р Даниела Фесчиян (Аddress by Prof. Daniela Feschiyan)

Красиви моменти от конференцията

Красиви моменти от конференцията (Beautiful Moments from the Conference)

Department of Accounting and Analysis – the Oldest Departament in UNWE

Department of Accounting and Analysis – the Oldest Departament in UNWE (Department of Accounting and Analysis – the Oldest Departament in UNWE)

Ролята на счетоводството в парично-икономическата теория на Петър Струве и влиянието на Струве в България

Between Supply and Demand for Accountability in the Legitimation of Public Governance

Between Supply and Demand for Accountability in the Legitimation of Public Governance (Between Supply and Demand for Accountability in the Legitimation of Public Governance)

A Tale of Two Strategies: Financial Literacy in Portugal and Spain

A Tale of Two Strategies: Financial Literacy in Portugal and Spain (A Tale of Two Strategies: Financial Literacy in Portugal and Spain)

Challenges of Double Materiality on the European Sustainability Reporting Standard

Challenges of Double Materiality on the European Sustainability Reporting Standard (Challenges of Double Materiality on the European Sustainability Reporting Standard)

Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance

Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance (Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance)

Accounting for Change in the Public Sector: A Socio-Political Perspective

Accounting for Change in the Public Sector: A Socio-Political Perspective (Accounting for Change in the Public Sector: A Socio-Political Perspective)

Digital Innovation on Finance, Accounting and Marketing

Digital Innovation on Finance, Accounting and Marketing (Digital Innovation on Finance, Accounting and Marketing)

Приносът на катедра „Счетоводство и анализ“ за България и света

Приносът на катедра „Счетоводство и анализ“ за България и света (The Contribution of the Department of Accounting and Analysis to Bulgaria and the World)

За необходимостта от промяна на наименованието на специалност "Счетоводство" на "Счетоводство и одит"

За необходимостта от промяна на наименованието на специалност "Счетоводство" на "Счетоводство и одит" (On the Necessity of Renaming the "Accounting" Program to "Accounting and Audit")

Отчетна рамка за докладване във връзка с устойчивостта – проекции върху законодателството в Р. България

The Development of the Management Accounting in the Future

The Development of the Management Accounting in the Future (The Development of the Management Accounting in the Future)

Производителността на труда като пряк фактор при анализа

Производителността на труда като пряк фактор при анализа (Labour Productivity as a Direct Factor in Analysis)

Социален одит – същност, видове, перспективи и предизвикателства

Социален одит – същност, видове, перспективи и предизвикателства (Social Audit – Essence, Types, Perspectives and Challenges)

The Role of Accounting in Public Interest Enterprises

The Role of Accounting in Public Interest Enterprises (The Role of Accounting in Public Interest Enterprises)

The Impact of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) on Corporate Reporting

Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment

Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment (Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment)

Проблеми на стандартизацията в счетоводството на малките предприятия

Проблеми на стандартизацията в счетоводството на малките предприятия (Problems of Standardization in Accounting of Small Enterprises)

Инвестиционна политика на фондовете за допълнително задължително пенсионно осигуряване в България – тенденции и динамика

Проблеми при оповестяването на информация за устойчивостта в компаниите с глобална дейност

Проблеми при оповестяването на информация за устойчивостта в компаниите с глобална дейност (Sustainability Disclosure Issues in the Companies with Global Activity)

The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes

The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes (The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes)

Интегриран отчет или отчет за устойчивост

Интегриран отчет или отчет за устойчивост (Integrated Report or Sustainability Report)

Балансът в счетоводната система на България след Освобождението до установяване на държавна планова икономика

Нови изисквания за отчитане във връзка с устойчивостта в банковия сектор

Нови изисквания за отчитане във връзка с устойчивостта в банковия сектор (New Requirements of Sustainability Reporting in the Banking Sector)

Новите възможности пред консолидацията на финансовите отчети с въвеждането на МСФО 19 "Дъщерни предприятия без публична отчетност : Оповестявания"

Анализ на зависимостта "Ефективност – Доходност – Растеж"

Анализ на зависимостта "Ефективност – Доходност – Растеж" (Analysis of the "Efficiency – Profitability – Growth" Relationship)

Иновативни решения в образователния процес по счетоводство в условията на дигитална среда

Иновативни решения в образователния процес по счетоводство в условията на дигитална среда (Innovative Digital Solutions in the Educational Process of Accounting)

Оповестяване във финансовите отчети на предприятията на реализацията на основните принципи на ООН в тяхната дейност

Accounting Education and Integrative – Thinking Capabilities

Accounting Education and Integrative – Thinking Capabilities (Accounting Education and Integrative – Thinking Capabilities)

Предимство ли е съдържанието пред формата?

Предимство ли е съдържанието пред формата? (Does Substance Take Precedence Over Form)

Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis

Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis (Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis)

Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future

Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future (Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future)

Подходи за анализ на финансовото състояние на организациите от публичния сектор

Подходи за анализ на финансовото състояние на организациите от публичния сектор (Approaches to the Analysis of the Financial Position of Public Sector Organizations)

Предизвикателства пред развитието на счетоводната професия в България

Предизвикателства пред развитието на счетоводната професия в България (Challenges Facing the Development of Accounting Profession in Bulgaria)

Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria

Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria (Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria)

Accounting Treatment of Waste in the Context of Mining Industry

Accounting Treatment of Waste in the Context of Mining Industry (Accounting Treatment of Waste in the Context of Mining Industry)

Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition

Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition (Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition)

Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector

Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector (Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector)

Opportunities for Optimizing Accounting Through Intelligent ERP Solutions

Opportunities for Optimizing Accounting Through Intelligent ERP Solutions (Opportunities for Optimizing Accounting Through Intelligent ERP Solutions)

Особености при отчитането на бюджетното изпълнение в зависимост от поставените цели и информационните потребности

Особености при отчитането на бюджетното изпълнение в зависимост от поставените цели и информационните потребности (Specificities of Budget Execution Reporting Based on Goals and Informational Needs)

Възможности за разработването на модел за счетоводно отчитане на сделките за реекспорт на стоки

Възможности за разработването на модел за счетоводно отчитане на сделките за реекспорт на стоки (Opportunities for Developing an Accounting Model for Re-export Transactions)

Два факта за дизайна на пазара на електрическата енергия в контекста на амбицията за дълбока декарбонизация и устойчивост

Обръщение на проф. д-р Даниела Фесчиян
(Аddress by Prof. Daniela Feschiyan)

Красиви моменти от конференцията
(Beautiful Moments from the Conference)

Department of Accounting and Analysis – the Oldest Departament in UNWE
(Department of Accounting and Analysis – the Oldest Departament in UNWE)

Between Supply and Demand for Accountability in the Legitimation of Public Governance
(Between Supply and Demand for Accountability in the Legitimation of Public Governance)

A Tale of Two Strategies: Financial Literacy in Portugal and Spain
(A Tale of Two Strategies: Financial Literacy in Portugal and Spain)

Challenges of Double Materiality on the European Sustainability Reporting Standard
(Challenges of Double Materiality on the European Sustainability Reporting Standard)

Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance
(Shock Covid and Italian Private Healthcare: Some Assessments of Economic and Financial Performance)

Accounting for Change in the Public Sector: A Socio-Political Perspective
(Accounting for Change in the Public Sector: A Socio-Political Perspective)

Digital Innovation on Finance, Accounting and Marketing
(Digital Innovation on Finance, Accounting and Marketing)

Приносът на катедра „Счетоводство и анализ“ за България и света
(The Contribution of the Department of Accounting and Analysis to Bulgaria and the World)

За необходимостта от промяна на наименованието на специалност "Счетоводство" на "Счетоводство и одит"
(On the Necessity of Renaming the "Accounting" Program to "Accounting and Audit")

The Development of the Management Accounting in the Future
(The Development of the Management Accounting in the Future)

Производителността на труда като пряк фактор при анализа
(Labour Productivity as a Direct Factor in Analysis)

Социален одит – същност, видове, перспективи и предизвикателства
(Social Audit – Essence, Types, Perspectives and Challenges)

The Role of Accounting in Public Interest Enterprises
(The Role of Accounting in Public Interest Enterprises)

Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment
(Specific Aspects in Financial-Accounting Management of Non-financial Sector Enterprises in Forming Financial Results in a Digital Environment)

Проблеми на стандартизацията в счетоводството на малките предприятия
(Problems of Standardization in Accounting of Small Enterprises)

Проблеми при оповестяването на информация за устойчивостта в компаниите с глобална дейност
(Sustainability Disclosure Issues in the Companies with Global Activity)

The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes
(The Influence of ESG on Valuation and Derivation of Fair/Market Values for Accounting and Analysis Purposes)

Интегриран отчет или отчет за устойчивост
(Integrated Report or Sustainability Report)

Нови изисквания за отчитане във връзка с устойчивостта в банковия сектор
(New Requirements of Sustainability Reporting in the Banking Sector)

Анализ на зависимостта "Ефективност – Доходност – Растеж"
(Analysis of the "Efficiency – Profitability – Growth" Relationship)

Иновативни решения в образователния процес по счетоводство в условията на дигитална среда
(Innovative Digital Solutions in the Educational Process of Accounting)

Accounting Education and Integrative – Thinking Capabilities
(Accounting Education and Integrative – Thinking Capabilities)

Предимство ли е съдържанието пред формата?
(Does Substance Take Precedence Over Form)

Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis
(Sustainable Growth, Digitalization and Artificial Intelligence in the Enterprise’s Business Analysis)

Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future
(Corporate Reporting on Sustainability with Meaningful Disclosures on Climate-related Issues : For a Sustainable Future)

Подходи за анализ на финансовото състояние на организациите от публичния сектор
(Approaches to the Analysis of the Financial Position of Public Sector Organizations)

Предизвикателства пред развитието на счетоводната професия в България
(Challenges Facing the Development of Accounting Profession in Bulgaria)

Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria
(Study of the Practices Related to Corporate Social Responsibility Disclosures of Banks in the Republic of Bulgaria)

Accounting Treatment of Waste in the Context of Mining Industry
(Accounting Treatment of Waste in the Context of Mining Industry)

Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition
(Digital Transformation in Strategic Management Accounting for Fair and Sustainable Transition)

Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector
(Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector)

Opportunities for Optimizing Accounting Through Intelligent ERP Solutions
(Opportunities for Optimizing Accounting Through Intelligent ERP Solutions)

Особености при отчитането на бюджетното изпълнение в зависимост от поставените цели и информационните потребности
(Specificities of Budget Execution Reporting Based on Goals and Informational Needs)

Възможности за разработването на модел за счетоводно отчитане на сделките за реекспорт на стоки
(Opportunities for Developing an Accounting Model for Re-export Transactions)

Влияние на ESG регулациите върху бизнеса
(Impact of ESG Regulations on Business)