Accounting Challenges in the Covid-19 Environment Cover Image

Предизвикателства пред счетоводството в условията на Covid-19
Accounting Challenges in the Covid-19 Environment

Author(s): Iliyan Hristov
Subject(s): Economy, Accounting - Business Administration
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: accounting; COVID-19; accounting standards
Summary/Abstract: The global pandemic of Covid-19 has presented new accountability challenges both globally and nationally. The aim of this paper is to present in a brief form the main accounting challenges faced by companies and to outline practical steps to overcome them. Truthful and honest coverage of economic developments is one of the prerequisites for dealing quickly with the negative economic consequences of the pandemic.