Dialog

More titles

• 

  Genesis of Concepts of Deflation from the Classical to the Neo-Classical Economic Schools

  The current study is devoted to deflation, which is a significantly less analyzed problem in modern economic theory. The interest to this topic is prompted by the increasing probability of deflationary episodes, due to the periods of recession and depression observed in recent years almost all around the world. The main thesis of the article is ... The current study is devoted to deflation, which is a significantly less analyzed problem in modern economic theory. The interest to this topic is prompted by the increasing probability of deflationary episodes, due to the periods of recession and depression observed in recent years almost all around the world. The main thesis of the article is that analyzing the origin and genesis of the concepts that explation deflation during the mentioned period has the potential to increase effectiveness in managing future deflationary processes. The aim of the study is to present a comparative analysis of some of the first systematic economic studies – from the birth of economic science to the period of the Keynesian revolution. This is done to achieve a more accurate and complete understanding of the economic interpretations of deflation over time, as well as the reasons that led to it and the consequences of the process.

• 

  Critical Analysis of the Rights and Obligations of the Insurance Broker Defined in the Insurance Code

  In the present work, the rights and obligations of the insurance broker (IB), which are covered by the insurance and reinsurance activity carried out by him, are examined and systematized, according to the Bulgarian legislation. The manner in which the remuneration of the IB is determined and negotiated and the possibility of its deduction from ... In the present work, the rights and obligations of the insurance broker (IB), which are covered by the insurance and reinsurance activity carried out by him, are examined and systematized, according to the Bulgarian legislation. The manner in which the remuneration of the IB is determined and negotiated and the possibility of its deduction from the amount of the insurance premium is presented. The circumstances under which IB has the right to receive both insurance premiums and important information relevant to the insurance risk, as well as documents on insurance claims, are specified. The obligations of the IB related to its information and consulting activities in informing the users of insurance services about the most rational coverage of the various types of insurance products are covered and analyzed in detail, directing individually to the most suitable of them. The obligations of the insurance company are also presented, extending to the conclusion of insurance contracts, establishing the insured event and its consequences, as well as its administrative legal obligations. In following up and analyzing the individual types of rights and obligations of the IB, a number of proposals have been made to supplement and improve the current regulations.

• 

  Role of the International Federation of Accountants (IFAC) in Promoting Public Sector Accounting Reform

  Digital governance and applying a framework for general purpose financial reporting by public sector entities are the key for successful reform in European countries. IFAC standard-setting activities and digital technologies in the public sector accounting are analyzed. The initiative is widely supported by IFAC member bodies and associates, ... Digital governance and applying a framework for general purpose financial reporting by public sector entities are the key for successful reform in European countries. IFAC standard-setting activities and digital technologies in the public sector accounting are analyzed. The initiative is widely supported by IFAC member bodies and associates, representing more than 3 million professional accountants across the globe. This article's purpose is to study the role of IFAC in the process of accounting reform in the public sector. It is considered that the International Federation of Accountants (IFAC) has a significant and key role in this process, promoting of the new platform for digital access to IAS- eIS and the tools to assist public sector entities transitioning from cash to the accrual basis of accounting – “Pathways to Accrual“.