Details

Autor(en) / Beteiligte

• Milojević, Miroslav M.

Titel

The State of Public Enterprise Financial Reporting in Serbia

Ist Teil von

• Economic analysis (Belgrade, Serbia : 2009), 2018-12, Vol.51 (3-4), p.105-114

Erscheinungsjahr

2018

Beschreibungen/Notizen

• Serbian public enterprises bear a strong general pressure initiated on the account of unsatisfactory quality of services they provide and difficulties related to their ability to service the costs. A discrepancy between general public expectations and actual performances of these entities is transformed into a systematic search for conditions that would enable their reform and further development. However, this issue is very complex and it is based on important qualities of organisational structure and functioning of public enterprises. Moreover, it to an extent merges with another issue - that of the quality of financial reporting. In that respect, this paper presents financial statements in the context of characteristics of public enterprises and their environment, and outlines the directions of changes aimed at their improvement.