Bulgaria is a typical post transition economy. Management accounting was introduced to it in the early 90-s of 20 century. First it was just an academic concept, later received some adoption in practice. The process of applying management accounting tools was accelerated by big foreign investments, joint ventures and formation of complex native business structures, by European integration and internationalization of education, knowledge and business practices. Management accounting tools were mostly intuitively used by the greater majority of companies in Bulgaria, being small or medium sized ones. Professionals who had to deal with the management accounting problems, to choose management accounting tools, to search for new ones or more adequate ones, had humble knowledge for them. Managers underestimated the role of management accounting and had no vivid interest in developing it on a company level. The hard transitional process and world economic crisis slowed down the application of management accounting tools. It led to the application of management accounting tools that are more operational than strategic, more traditional than newly introduced, closer to financial accounting and combined often in a contradictory way. That conclusion is confirmed by our survey of the application of management accounting in Bulgaria. It clearly defines the necessity of a broader education in management accounting not only of accountants, but of managers too.
Atanassova Yotova, A. Application of Management Accounting Tools in Bulgaria. Olomouc, Cz: Palacky University, 2017 pp. 22 - 28, ISBN 978-80-244-5233-3.
Atanassova Yotova, A. Application of Management Accounting Tools in Bulgaria. Olomouc, Cz: Palacky University, 2017 pp. 22 - 28, ISBN 978-80-244-5233-3.
Atanassova Yotova, A. (2017) Application of Management Accounting Tools in Bulgaria, Olomouc, Cz: Palacky University pp. 22 - 28, ISBN 978-80-244-5233-3.
Atanassova Yotova, A. (2017). Application of Management Accounting Tools in Bulgaria. Olomouc, Cz: Palacky University, pp. 22 - 28.
Atanassova Yotova A. Application of Management Accounting Tools in Bulgaria. Olomouc, Cz: Palacky University; 2017. p. pp. 22 - 28. ISBN: ISBN 978-80-244-5233-3.
