Scientific paper ID 32 : 2004/1

The economic globalization suggests opening of the national economies to the world, to the development of the world financial markets. That reflects in the Bulgarian accountancy and taxation legislation and hence, in the relations of companies, including the transport ones. The result of this process is the new law of Accountancy, the National Accountancy Standards (NAS) and the International Accountancy Standards (IAS). The aim is to harmonize and make equal and corresponding the accountancy reports in the world on the background of the increasing number of foreign investors. The social and economic changes that have occurred for the past few years are a challenge to the science of accountancy as well. Aiming constantly to adapt to the requirements and needs of society and practice, the way of the accountancy interpretation of a number of problems has also changed. One of these problems is connected with the vehicle repairs costs.