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POSSIBILITIES FOR APPLICATION OF PENSION INSURANCE ORGANISATION OF TEACHERS
IN BULGARIA
An attempt has been made to justify the thesis that the organisational development and improvement of the applied differentiated approach has a significant capacity to turn the pension insurance into a socio-economic corrective of the market evaluation of teachers’ labour by providing pensions in the amount appropriate to the contribution and ...
An attempt has been made to justify the thesis that the organisational development and improvement of the applied differentiated approach has a significant capacity to turn the pension insurance into a socio-economic corrective of the market evaluation of teachers’ labour by providing pensions in the amount appropriate to the contribution and significance of the teaching profession for the formation of human capital and socio-economic development and prosperity in Bulgarian society. The study of the opportunities for organisational development and improvement of the teachers’ public pension insurance is the main objective of the survey. The following specific tasks are set: study of principles and guidelines for differentiation of insurance activity; justification of the need for continuing development and improvement of the applied differentiated approach in the organisation of the pension insurance of teachers in Bulgaria; study of the specifics and evaluation of public pension insurance protection of teachers in Bulgaria; formulating proposals for development and improvement of public insurance of teachers in Bulgaria. The results of the survey show the need to develop and improve the pension insurance of teachers. Proposals to transform payments from the Teachers’ Pension Fund into a function of pension insurance contributions have been formulated. Organisational changes that bind the amount of pension for insured length of service and old age of teachers with their contribution to community development have been proposed.
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DEVELOPMENT OF COMMERCIAL BANKS BRANCH NETWORK ‒ A CRITICAL EVALUATION
OF THEORY AND PRACTICE
This study focuses on commercial banking and the development of branch networks as an essential part of the banking system. At the centre of the analysis is the relationship between the expansion of the branch networks of commercial banks and the influence of the following four factors: the dynamics of the economic development cycle at global, ...
This study focuses on commercial banking and the development of branch networks as an essential part of the banking system. At the centre of the analysis is the relationship between the expansion of the branch networks of commercial banks and the influence of the following four factors: the dynamics of the economic development cycle at global, national and regional levels; the processes of consolidation in the banking system; the evolution of information technology and electronic banking and regulatory policy and restrictive measures including insolvency procedures that the central bank establishes in its supervisory capacity for the banking sector. The aim of this study is to offer a critical evaluation of the factors influencing the decision-making concerning the dynamics in the branch network of commercial banks, both at a sector level and in the context of the individual banks. The paper comprises four main parts: Firstly, a critical review of the regulatory system and contemporary scientific studies in the area of bank administration and branch network management, including the structure of decision-making factors in relation to expanding, maintaining or reducing the network of bank branches; Secondly, historical and empirical-applied analysis of the dynamics in the licensed banking institutions and their positioning on the competitive banking market in Bulgaria; and thirdly, analysis of the financial indicators for the banking system and the related trends in the development of the branch network of the commercial banks in Bulgaria and their staffing. As a result of the study, it has been confirmed by the empirical data for the Bulgarian banking market that after 1989 the dynamics in the branch network was originally due to the dynamics in the creation and merger of banking institutions. During the period of EU membership, this process has been based mainly on the key factors developed with the priority of the regional demand and supply of banking services. About the two leading banking institutions, in terms of bank staff numbers, number of branches and personnel per branch for the two leading Bulgarian banks, the analysis has shown the following results: 3049 people, employed in 173 branches with a 17.6 average number of employees per bank branch for Unicredit Bulbank (data relating central management as well) and respectively, in the system of DSK Bank - 4115 people with an
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CURRENT PROBLEMS IN THE ORGANIZATION
OF ACCOUNTING IN THE PUBLIC SECTOR
In the accounting legislation in the sphere of the public sector in our country conceptual amendments have been made, which has reflected on the overall organization of the accounting process in the budgetary organizations. However, these changes affect individual aspects of the budgetary organizations' accounting, which is why there is currently ...
In the accounting legislation in the sphere of the public sector in our country conceptual amendments have been made, which has reflected on the overall organization of the accounting process in the budgetary organizations. However, these changes affect individual aspects of the budgetary organizations' accounting, which is why there is currently no entirely new framework for accountability of public sector enterprises.
This in turn is a prerequisite for insufficient clarity and, in certain cases, a contradiction in the accounting of specific business operations and processes in the budgetary enterprises.
The main purpose of this study is to examine the organization of current and periodic accounting in public sector enterprises.
The fundamental research thesis that is being defended is that the improvements in the organization of the current and periodic accounting of the activities of the public sector enterprises are a prerequisite for a true and fair presentation of their financial situation.
Proof of the presented thesis requires the fulfillment of the stated tasks: to clarify the significance of the process of convergence of the national accounting rules in the public sector with the international accounting legislation; to outline the main theoretical, methodological and practical problems; to offer reasoned opportunities for improving the current and periodic accounting and reporting process in order to better reflect business operations in the public sector enterprises.
As a result of the survey, problems, referred by the authors as main problems, have been outlined in relation with the accounting in these enterprises, and argued opportunities for improvement related to the Chart of Accounts of the budgetary organizations and the presentation of the information in the financial statements have been presented.
