Category Archives: Accounting

NOVACON Customer Stories: Smart SM

Vladislav Svilensky, Commercial Director of Smart SM talks about his long-term collaboration with NOVACON.

Posted in Accounting, Business, Payroll, Taxes
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NOVACON Customer Stories: S & T Bulgaria

Vassil Minev, Financial Director of S&T Bulgaria, shares his experience with the challenges with the transition of the payroll and accounting function in S&T from in-house to outsourcing.

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Annual financial statements “at one spot”

Every year the companies must publish annual financial statements for the past year, as the deadline for sole proprietors (which are subject to statutory audit) is 31st May, for limited liability companies (LLC) – by 30th June, and for all … Continue reading

Posted in Accounting, Corporate Tax Act, Personal Tax Act, Taxes
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The Accounting Standards – a few issues which no one talks about

No matter if the company applies National Financial Reporting Standards for Small and Medium Enterprises (NFRSSME) or International Financial Reporting Standards (IFRS) or any other accepted accounting standards, a system for their proper and systematic implementation is necessary to be … Continue reading

Posted in Accounting, Accounting practice, Accounting standards, Business, Business process management, Software
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