Accounting Estimates Relevance in the Concession Presentation

Galina Sabcheva ()
Additional contact information
Galina Sabcheva: University of Economics - Varna

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2016, issue 2, 25-33

Abstract: The application of principle-based approach to financial accounting information preparation and presentation and keeping certain quality characteristics for this information at the same time, require usage of accounting estimates and assumptions in some cases by the entity management. The entering and widely accounting estimates relevance associates with enlargement reporting items composition and frequent changes in accounting standards. The percense of a number of outstanding issues turns evaluation in the extremly complex and multy-layered financial reporting problem which could hardly get one solution. The currently article some views are suggested about accounting estimate nature and between measurement basis and particular measure delimitation as the arguments concerning the need of accounting estimates relevance in the concession presentation.

Keywords: accounting estimates relevance; concession presentation; quality characteristics; financial reporting; financial accounting information (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.su-varna.org/izdanij/2016/ikonom-2-016/p%2025-33.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:y:2016:i:2:p:25-33

Access Statistics for this article

More articles in Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series from Union of Scientists - Varna, Economic Sciences Section Contact information at EDIRC.
Bibliographic data for series maintained by Pavel Petrov ().