The Person in charge for supervision and application of valid accounting procedures required by the Bulgarian Laws, on one hand, and LIL-12 Ltd principal particular procedures, on the other hand, is the Chief Accountant.
The following reports are deemed to be prepared by accounting department – Chief Accountant in direct liaison with the Managing Director.
aa. Office budget cost for the coming year
bb. Monthly Accounting reports:
- Requested by Bulgarian Authority
- Office expenses – Statement of account
- Monthly budget follow up
- Manning report and manning fee invoices report