FEATURES IN REPORTING AND EVALUATION OF THE VINEYARDS FOR THE PURPOSE OF FINANCIAL REPORTING IN ACCORDANCE WITH

ОСОБЕНОСТИ В ОТЧИТАНЕТО И ОЦЕНЯВАНЕТО НА ЛОЗОВИ МАСИВИ ЗА ЦЕЛИТЕ НА ФИНАНСОВАТА ОТЧЕТНОСТ В УНИСОН С „НАЦИОНАЛНА ПРОГРАМА ЗА ПОДПОМАГАНЕ НА ЛОЗАРО-ВИНАРСКИЯ СЕКТОР НА БЪЛГАРИЯ ЗА ПЕРИОДА 2019 – 2023 ГОДИНА”
FEATURES IN REPORTING AND EVALUATION OF THE VINEYARDS FOR THE PURPOSE OF FINANCIAL REPORTING IN ACCORDANCE WITH "NATIONAL AID PROGRAM FOR BULGARIAN WINE SECTOR FOR THE PERIOD 2019 - 2023"

Author(s): Nadya Kostova
Subject(s): Economy, Accounting - Business Administration
Published by: Икономически университет - Варна
Keywords: newly established vineyards; common agro-technical measures; cost of daily managing processes in the vineyard; compensation for loss of income; recognition of biological assets
Summary/Abstract: In the implementation of the new "National aid Program for Bulgarian Wine Sector for the Period 2019 – 2023", the management and the staff involved in the accounting and finance department of the companies which are beneficiaries of the program, are facing a number of issues. They are related to the reporting and evaluation of the operations and reporting objects, carried out and/or arisen from the implementation of the activities under the measure "Restructuring and conversion of vineyards", taking into consideration the different norms of applicable accounting standards and requirements for preparation of financial statements – National Accounting Standards or International Accounting Standards.