Year 2015, Issue 1
Date published20.3.2015
CONTENTS
-
Tanya Gorcheva
ORGANISATIONAL FORMS AND SOLUTIONS FOR EXPORT PROMOTIONKeywords: export promotion, organisational forms, services, export promotion organisations, export promotion policy.Abstract: The major objective of this research is to trace the origin and development of organisational forms and solutions for export promotion in order to identify the essential characteristics of contemporary export promotion policy. The... The major objective of this research is to trace the origin and development of organisational forms and solutions for export promotion in order to identify the essential characteristics of contemporary export promotion policy. The focus of attention is placed on services provided and the measures taken for promotion. Therefore, based on selected surveys, we have formulated the main principles that govern the successful operation of export promotion organisations. To accomplish the objective of this research, export promotion solutions applied by countries at different stages of economic development have been analysed. This approach has proved to be appropriate since identifying various organisational forms for export promotion renders it possible to make relevant assessments and comparisons. A number of case studies have been examined to determine to what extent the export promotion practice in Bulgaria is similar to that in other countries. -
Aleksandyr Ganchev
INSTITUTIONAL CHARACTERISTICS OF HEDGE FUNDSJEL: G23Keywords: hedge funds, collective investment schemesAbstract: This article reviews the institutional characteristics of hedge funds based on their comparison with traditional collective investment schemes and investment funds. The study arrives at the conclusion that hedge funds are highly... This article reviews the institutional characteristics of hedge funds based on their comparison with traditional collective investment schemes and investment funds. The study arrives at the conclusion that hedge funds are highly leveraged boutique investment funds of a quasi-open nature that apply active portfolio management in order to obtain high absolute yield regardless of the behaviour of financial markets when conducting their activity in an environment of little transparency and legislative and institutional regulation. -
Alla Alexeyeva
ANALYTICAL PROCEDURES IN SALES FORCASTING BASED ON FACTORS OF INFLUENCEKeywords: analytical procedures, auditor, information, influencing factors, sales volume, correlation analysis.Abstract: The article discusses the analytical procedures that can be used by the auditor at the stage of obtaining information, such as the verification of the procedures in order to collect direct evidence of the errors, irregularities and... The article discusses the analytical procedures that can be used by the auditor at the stage of obtaining information, such as the verification of the procedures in order to collect direct evidence of the errors, irregularities and false statements in financial reporting. The proposed methodology for the prediction of outcome indicators based on the "factors of influence” over the example of sales volume can be a simple and reliable tool in the arsenal of the auditor. -
Ralitsa Dimitrova
RESEARCH ON THE LIFE CYCLE OF PUBLIC COMPANIES OF THE SOFIX INDEXAbstract: Organizations, similar to living creatures, have a life cycle and undergo a number of recurrent and predictable models of behaviour throughout their growth and development. It is namely the proper diagnosis of the life cycle and the... Organizations, similar to living creatures, have a life cycle and undergo a number of recurrent and predictable models of behaviour throughout their growth and development. It is namely the proper diagnosis of the life cycle and the adequate choice of strategy that could be at the basis of an organization’s success. This article makes an attempt to apply Adizes’ model of life cycle to the financial diagnosis of Bulgarian public companies. The “healthy” state of the companies of the SOFIX index has been diagnosed and the life cycle phase in which each of them is at has been determined. -
Veselin Dekov
PRACTICAL AND APPLIED ASPECTS OF OFF-BALANCE SHEET REPORTING OF SPENDING COMMITMENTS IN BUDGET ORGANIZATIONSAbstract: This article attempts to present the accounting aspect of spending commitments either signed for or immediately fulfilled by budget organizations. These are analysed in the context of changes in the normative base at the beginning... This article attempts to present the accounting aspect of spending commitments either signed for or immediately fulfilled by budget organizations. These are analysed in the context of changes in the normative base at the beginning of 2014. The author places emphasis on the practical and applied aspects of reporting mechanisms implemented by budget organizations, while at the same time presenting several general cases in the practice