RISK AS PART OF THE ACCOUNTING PROFESSION

Authors

Keywords
accounting, accountant, risk, accounting risk, professional risk.

Abstract
This study characterises accounting occupational risk by examining its sources. It describes the effects and seeks opportunities to minimise them.

Risk is an integral part of the accounting profession. It has been quite ex-haustively discussed in literature, but in terms of accounting it has not been studied enough it has not been given enough attention, which makes the topic relevant and significant.

Emphasis is placed on the fact that the activities of an accountant must be in accordance with legislation, while accounting for the specificities of the entity. Whence it follows that they are not only responsible for keeping accounts in accordance with regulatory requirements, but also for the decisions made and the accompanying risk.

JEL: M41
Pages: 15

To view the full text of the article click on the relevant button below.

More titles

  • RESEARCH ON THE CORRELATION BETWEEN INNOVATIVE ACTIVITIES AND COMPETITIVENESS IN BULGARIAN COMPANIES

    This article throws light on the theoretical and practical aspects of the existing bilateral correlation between innovative activity, innovative activities and company competitiveness. In the course of this analysis it is emphasised that, on the one hand, the level of company competitiveness in organisations which determines the intensity of ...

  • THE EVOLUTION OF THE MARKETING PARADIGM

    : The evolution of the marketing paradigm. Over the last decade, marketing has started to develop new content in its paradigm, based on rethinking existing marketing hypotheses for identifying, studying and solving the problems of economic life. Under the influence of revolutionary changes in business and of society in general, the interest ...

  • THE ISSUE OF THE NUMBER OF HOSPITALS AND THEIR CAPACITY AND EFFECTIVENESS IN BULGARIA

    Over the last decade in Bulgaria medical institutions for health care have functioned in an unsustainable and unfavorable environment. This is particularly true for hospitals in towns or villages as some of them have gone bankrupt, while many of them have terminated their activities. As regards the number of hospitals per 100,000 people, ...