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Lyudmil Krystev
A Comparative Analysis of Return on Equity in Bulgarian Public
Companies
Summary:
In practice, there are different criteria for the classification of Bulgarian public companies. Public companies are most commonly ranked according to their market capitalisation and realised turnover (the value amount of transactions with shares in a company). In this article, another criterion for the classification of Bulgarian public companies has been proposed. This criterion is the return reached by the shares of public companies. In the article, a comparative analysis of return on equity in Bulgarian public companies in the insurance and banking sectors has been made.
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Lyudmil Krystev
Guidelines for Analysing the Financial Statements of Bulgarian Publicly Traded Insurance Companies
Summary:
Financial statements provide information necessary to analyse and assess the financial position of publicly traded companies. Information users include a wide range of entities, such as creditors, suppliers, customers, investors, external control bodies, etc. This paper promotes the thesis that the information disclosed in financial statements helps investors in their decision to invest in the shares of publicly traded companies. A precise analysis of financial statements may result in a decision to purchase, not to purchase, or to sell some of the stocks of the companies which are subject to analysis. The article focuses on publicly traded companies in the insurance sector.
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Lyudmil Krystev
PRACTICAL ASPECTS OF FINANCIAL CONTROLLING IN A COMPANY
Summary:
Financial controlling facilitates the managers of companies in making the right managerial decisions. The process of controlling includes planning, control and analysis. Planning is associated with setting goals and developing planned budgets, control – with detecting deviations from the goals, whereas analysis is associated with disclosing the reasons for these deviations. The information system occupies a central place in financial controlling. It includes a system of indicators; the leading indicator being considered as an objective. The role of information systems in controlling is to link planning activities, control and analysis. This article presents the application of the information system of financial controlling in a particular company – an insurance company operating in the sector of General Insurance.
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Lyudmil Krystev
THEORETIC ASPECTS OF FINANCIAL CONTROLLING IN THE FIRM
Summary:
The focus is on financial controlling as part of the controlling in the firm. The article highlights the need of financial controlling Bulgarian companies. It explores the factors of the external and the internal environment of the company within the context of financial controlling as well as the types of controlling. The major financial indicators that are used as a basis for the formulation of the goals of the company are outlined.
