Commensurability of Social Effects in Economic and Non-economic Activities

Mariya Vlaeva – Plovdiv University „Paisti Hilendarsk”, Department of „Finance and Accounting”, Faculty of Economic and Social Sciences, Tsar Asen Str. Nº 24, 4000 Plovdiv, Bulgaria

Abstract: This paper examines the commensurability of social effects in economic and non-economic activity. Emphasis is placed on the legally required reporting and explanation of expenses in the Non-Financial Statement, which is in addition to the Annual Financial Report, as well as on the different accounting reporting based on expenses between business and non-business activities. Attention is drawn to accounting theory, which as a science has always kept pace with new economic needs, and which can offer solutions for the accounting reflection of social effects. The aim is to show that there is still no regulatory framework through which social costs can be reliably compared with the received public benefits (incomes).

10th International Scientific Conference ERAZ 2024 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,  hybrid – online, virtually and in person, Lisbon, Portugal, June 6, 2024

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy – UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance – Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)

ERAZ Conference 2024 Conference Proceedings: ISBN 978-86-80194-86-8, ISSN 2683-5568,

DOI: https://doi.org/10.31410/ERAZ.2024

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