{"title":"A Historical View Towards the Normative Regulation for Evaluation of Long-Term Assets of Bulgaria","authors":"N. Alexandrova","doi":"10.2139/ssrn.3049278","DOIUrl":null,"url":null,"abstract":"The report makes a retrospective analysis of the Bulgarian Normative Regulation for the evaluating in accountancy, which has been applied to the long-term assets for the last fifteen years. Two periods are pointed out: initial consistent liberalization, expressed in evaluating by fair value in the national accounting standards, mainly as an aim for harmonizing of the Accounting Legislation with the International Accounting Standards (IAS); consequently in the National Accounting Standards is observed a coming back to the conception of the historical cost as a result of the harmonization with Directive IV of the European Community from 1978, at the same time IAS are applied obligatory in a number of companies, including public ones.","PeriodicalId":135206,"journal":{"name":"ERN: Measurement & Data on National Income & Product Accounts (Topic)","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2008-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Measurement & Data on National Income & Product Accounts (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3049278","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The report makes a retrospective analysis of the Bulgarian Normative Regulation for the evaluating in accountancy, which has been applied to the long-term assets for the last fifteen years. Two periods are pointed out: initial consistent liberalization, expressed in evaluating by fair value in the national accounting standards, mainly as an aim for harmonizing of the Accounting Legislation with the International Accounting Standards (IAS); consequently in the National Accounting Standards is observed a coming back to the conception of the historical cost as a result of the harmonization with Directive IV of the European Community from 1978, at the same time IAS are applied obligatory in a number of companies, including public ones.