EVALUATION OF MANUFACTURING AND AGRICULTURAL PRODUCTION BY THE END OF THE FINANCIAL PERIOD

• Main Author: Mincho Minev
• Format: Article
• Language: Bulgarian
• Published: Knowledge and business 2016-06-01
• Series: Ikonomika i Kompûtʺrni Nauki
• Subjects: Reappraisal of manufacturing production; Reappraisal of agricultural production; Reappraisal of production; Net realizable value of production
• Online Access: http://eknigibg.net/Volume2/Issue3/spisanie-br3-2016-pp.63-81.pdf

This article is dedicated on the matter of evaluation of manufacturing and agricultural production after the initial appraisal. Accounting standards and regulations, concerning the reappraisal of production, are discussed with emphasis on the key and most disputable requirements. The most commonly met difficulties in the process of reappraisal of production are pointed out. A research is done over the leading manufacturing and agricultural entities in Bulgaria. The point of the research is to study the degree on witch entities met the requirements and regulations of accounting standards when they reevaluate their production by the end of the year. The results of the research are shown and analyzed. Conclusions are made along with some recommendations in order to improve the quality of reappraisal of manufacturing and agricultural production.