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

Author(s): Atanas Atanasov, Galina Chipriyanova, Desislava Aleksandrova
Subject(s): Economy, Business Economy / Management, Public Finances, Accounting - Business Administration, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
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.

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