IMPAIRMENT OF NON-CURRENT ASSETS IN PUBLIC SECTOR ORGANISATIONS

Authors

Keywords
impairment, non-current assets, public sector, IPSAS.

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.

JEL: М41.
Pages: 12

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

More titles

  • COMMUNICATION SKILLS AND THE REALIZATION OF THE MANAGEMENT PROCESS

    The successful managerial communication is one of the most widely spread and complex problems of social organizations. It also determines the effectiveness of the management process. The managerial skills are of key importance for the positive communication and successful realization of management activities. These skills are instrumental for the ...

  • WE ARE PRESENTING THE SLOVAK AUTHOR STEFAN KASSAY AND HIS BOOK OF FIVE VOLUMES “ENTERPRISE AND ENTERPRENEURSHIP”

    -...

  • STATUS AND TRENDS IN THE DEVELOPMENT OF AGRICULTURAL INSURANCE IN BULGARIA

    This study presents the results of an empirical research on the status and trends in the development of agricultural insurance in Bulgaria conducted in 2015. Data is systematized and analyzed; the dynamics of the development of agricultural insurance in Bulgaria for the period 2010-2014 is also studied. It was found out that agricultural producers ...