ABOUT SOME CONTROVERSIAL QUESTIONS REGARDING THE NON-FINANCIAL INFORMATION IN THE ANNUAL FINANCIAL STATEMENT (IN THE CONTEXT OF THE CIRCULAR ECONOMY)

Abstract

The topic of the study is set in the aspect of: the increasing needs of the users of financial and non-financial information in the Annual Financial Statement; legislative changes for disclosure of the non-financial information in the AFS in force since 1st January 2017; the lack of experience in Bulgaria for disclosure of non-financial information and the search for good practices in other countries where they exist and are developed. The main question which is related to the study is: Is a higher quality of the information in AFS achieved for the users through the disclosure of the non-financial information?