Book keeping in Bulgaria in conditions of transition to market economy

Abstract

The purpose of the present work is to analyze the problems that Bulgarian accounting system encounters in the run of economical changes, and, based on that, to outline the tendencies in its development under conditions of a world undergoing globalization on a larger scale. Emphasis has been given on more essential problems, as presenting information in financial reports, accounting investments and business – combinations, realized as privatization deals

Keywords

• accountancy reform
• stages of accounting development
• Bulgarian Accountancy Standards
• International Accountancy Standards