Most important is that your stories are real, whether in accounting or football

As the author of many books and articles on management and accounting, he spoke with The Slovenia Times about the current accounting challenges for Slovenian businesses. He relates it to football and its global dimension, which he perceives as a great case of a perfect competition.

We often see multiple interpretations of accounting statements, partly due to European and Anglo-Saxon accounting principles. What, in practice, are the main differences and how to cope with them?
The concepts are very different; the Statement of Financial Position made according to the Anglo-Saxon model has always been more optimistic, however the European model (also German) that includes Slovenia, is based on the principal of caution and is more conservative. Due to European integration, International European Accounting Standards have been created...