Accounting interpretation of concession rights in the Republic of Bulgaria – topical issues

Abstract

The subject of this paper covers the topical problems for the Republic of Bulgaria on the recognition, presentation and disclosure of concession rights and transactions for accounting purposes. The issues identified by the authors have a regulatory, theoretical character and concern their practical application. The aspects studied within this paper are: recognition of concession rights as intangible assets and their positioning in the total amount of assets of concessionaire enterprises; requirement and readiness for disclosure of information relating to concession agreements. The authors seek to suggest solutions in the specified directions.

Keywords

• aktywa niematerialne;rachunkowość;umowy koncesyjne;intangible assets;Accounting;concession agreements;concession rights;koncesje