Финансови отчети и финансови доклади в условията на дигитализация в публичния сектор
Differences Between Financial Statements and Financial Reports in Terms of Digitalization in the Public Sector

Author(s): Viktoriya Ivanova, Stanislav Peychev
Subject(s): Politics / Political Sciences, Social Sciences, Economy, Business Economy / Management, Governance, Public Administration, Sociology, Evaluation research, Social Informatics, Public Finances, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: public sector accounting; financial statements; financial reports; digitalization; budget organizations
Summary/Abstract: In the field of accounting, there are two closely related concepts, which are quite often misused – financial statements and financial reports. The study aims to clarify the meaning and scope of these terms in the context of public sector accounting, as well as to highlight the main differences between them. The impact of digitalization and digital transformation on the processes of preparation and disclosure of financial statements and reports is also examined. By analyzing technological developments, the study seeks to provide a comprehensive understanding of how digitalization affects financial reporting in the public sector.

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