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Diyana Ivanova, Galya Kusheva
ANALYSING THE FINANCIAL VARIABLES
OF BULGARIAN MUNICIPALITIES
FOR THE PURPOSE OF THEIR FINANCIAL RECOVERY
Abstract:
Some of the latest supplements to the Public Finance Act deal with the local management of public funds and activities and prescribe a procedure for identifying municipalities in a financial difficulty and adopting measures to overcome it. This paper presents a set of methods for analysing the financial variables of individual municipalities on the basis of the methodological guidelines and the information provided by the Ministry of Finance. We have analysed data available as of the end of 2015 about the financial variables of Bulgarian municipalities as they have been defined by legislation and identified some common problems related to the financial management of that segment of the public sector.
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Anup Chowdhury, Nikhil Chandra Shil
PRIVATE SECTOR MANAGEMENT TOOLS
IN THE PUBLIC SECTOR: ILLUSTRATIVE EVIDENCE OF LITERATURE
FROM AUSTRALIAN PUBLIC SECTOR
Abstract:
Public sector reform processes have brought a wide range of improvements in many areas of public service delivery. This study explores the reforms activities initiated by Australian public sector organizations in the context of new public management ideals. New public management ideals believe that management in the public sector is not different from management in the private sector. Since 1980s the Australian public sector has been dominated by the new public management principles as a response to reform initiatives and eventually different private sector management practices have been introduced in public sector. Literature supports that the Australian public sector organizations have changed their structure and operation in line with the private sector to achieve cost-efficiency, budget accountability and an improved customer focus in service delivery. However, this study doesn’t intent to generalize any findings rather highlights a summary based on available literature. Though the context of the present research is Australia, it may be equally useful to every policy maker who are engaged in formulating new policies for respective public sector. Moreover, the findings reported in this study would be useful to the public sector managers in their day to day decision-making
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Izabela Filipova Yonkova
A CRITICAL REVIEW OF ETHICAL INFRASTRUCTURE BASIC MODELS
Abstract:
The study aims to consider and analyze the main theoretical formulations with a high degree of influence on the ethics in public sector organizations. It also presents basic ethical concepts and defines a conceptual apparatus applicable to the sector. The elements included in the existing models of the ethical infrastructure are analyzed and critically presented through the methods of comparative analysis. Discussion questions are raised with regard to building ethical infrastructure in public sector organizations.
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Daniela Georgieva
IMPAIRMENT OF NON-CURRENT ASSETS
IN PUBLIC SECTOR ORGANISATIONS
Abstract:
The objective of this paper is to present the specific features of non-current assets impairment as an example of the conservatism principle in accounting and valuation through accounting estimates. The paper also reviews key moments of the International Public Sector Accounting Standards related to esta¬blishing the recoverable amount of non-current assets in budget entities in terms of their specific nature of assets, which do not generate cash flows on their own. In addition, the rules and requirements applied to assets impairment in Bulgaria have been reviewed in comparison to international practice.
