Dialog

More titles

• 

  Analysis and Trends in Tax Audit Practice in Bulgaria for the Period 2017 – 2021

  The revision procedures are an expression of the tax-insurance control activity carried out by the revenue administration. Audits and inspections are the two methods by which the tax administration operates and are mechanisms for the implementation of control powers of the National Agency for Taxation. In this article, the authors present an ... The revision procedures are an expression of the tax-insurance control activity carried out by the revenue administration. Audits and inspections are the two methods by which the tax administration operates and are mechanisms for the implementation of control powers of the National Agency for Taxation. In this article, the authors present an analysis of data on the audit procedures of the National Revenue Agency for the period 2017-2021, through the prism of which the activity of the National Revenue Agency can be presented in terms of implemented tax-insurance control and exercise of the right of appeal by of tax subjects.

• 

  Accounts Receivable and Revenue

  Revenues are the lifeblood of any organization. Without cash inflows, the entity may cease to exist. The sales account is closely tied to accounts receivables, therefore, evidence supporting accounts receivable tends to support sales. Accounts receivable is frequently the largest asset that a company has. If your company is subject to an annual ... Revenues are the lifeblood of any organization. Without cash inflows, the entity may cease to exist. The sales account is closely tied to accounts receivables, therefore, evidence supporting accounts receivable tends to support sales. Accounts receivable is frequently the largest asset that a company has. If your company is subject to an annual audit, the auditors will review its accounts receivable and revenues in some detail to determine if they are fairly presented in the context of the financial statements as a whole. Some companies manipulate their earning by inflating their period and receivables. When trade receivables increase, revenues increase. So, a company can increase its net income by recording nonexistent receivables. In this article, we will answer questions such as: • Should auditor confirm receivables to obtain reliable evidence that they are fairly presented? • Why should we assume that revenues are overstated or understated and to apply professional skepticism?

• 

  Theoretical Foundations, Functioning, and Role of Financial Intermediation as a Factor for Economic Growth

  The study examines the theoretical relationship between financial intermediation and economic growth, focusing on the growing role of non-bank financial intermediation (NBFIs). In order to accomplish this, the main theoretical strands, thematically the most significant propositions, and empirical analyses of the interaction between the development ... The study examines the theoretical relationship between financial intermediation and economic growth, focusing on the growing role of non-bank financial intermediation (NBFIs). In order to accomplish this, the main theoretical strands, thematically the most significant propositions, and empirical analyses of the interaction between the development of financial intermediation and economic growth, the structuring of the modern financial system, and the risks it faces, are critically reexamined. Efforts are focused on exploring the direction of the sector's implicit influence on economic growth and whether it can be reversed or is bidirectional. Does the combination of financial markets and investment intermediaries operating in an economy affect economic growth, and if so, in what ways? The study seeks to extend the dichotomous theoretical conceptualizations of financial structure as primarily banking while broadening the theoretical schema by incorporating the perspective of modern structuring, impact, and activities in the non-bank financial ecosystem.