|
ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
Our journal is currently indexed in the following databases:
|
| |
Article from Volume 8, Number 2, Year 2020| ANNUAL FINANCIAL STATEMENTS IN THE CONTEXT OF ACCOUNTING CONVERGENCE | 
Download | | Author(s): Elena Hlaciuc, Florina Cretu | | DOI: 104316/EJAFB.2020.8211 | | Abstract: The main objective of accounting is to provide information that ensures a true, clear and complete picture of the assets, financial position, financial performance obtained by the economic entity to all stakeholders, thus ensuring the "transparency of accounting information". This objective can be achieved by periodically preparing summary and accounting reporting documents, which in accounting are found under the name of annual financial statements. The annual financial statements are a source of information to determine how an economic entity carries out its economic activity and reaches maturity. The annual financial statements are the fundamental instrument in adopting the economic-financial decisions at the level of the management of the economic entity. In the financial statements, the information is presented in a way that should support the user in assessing the liquidity of an economic entity's assets and liabilities to help investors, creditors and other users of the annual financial statements analyze an entity's financial position and performance and any changes made due to the economic activity. Starting from this consideration, in this paper we intend to approach from a theoretical point of view the importance, role and principles of the annual financial statements in the context of the new accounting regulations compliant with the European Directives. | | Keywords: Annual Financial Statements, Economic Entity, Accounting Convergence | References:
1. Accountancy Regulations Harmonized With The 4th Directive Of The European Communities And International Accounting Standards From 29.01.2001. Retrieved April 20, 2020 From Https://lege5.ro/Gratuit/hezdmnbu/structurile-situatiilor-financiarereglementare?dp=giytemjsgi4dq
2. Albu, N., Albu C. N. (2015). Pledoarie Pentru Cre?terea Volumului De Informa?ii Financiare ?i Non-financiare Publicate De Entit??ile Române?ti, CECCAR, 3, 16-21.
3. Berheci, M. (2010). Valorificarea Raport?rilor Fiannaciare, CECCAR, Bucharest, Romania
4. Berman, K., Knight, J. (2011). Inteligen?a Financiar?. Ghidul Managerului Pentru în?elegerea Adev?ratei Semnifica?ii A Cifrelor, Translation, Curtea Veche, Bucharest, Romania.
5. Bostan, I., & Grosu, V. (2009). Limits On Legislative Harmonization Financial Accounting. In The 33-rd Annul Congress Of The American Romanian Academy Of Arts And Sciences (ARA), Politechnic International Press Montreal, Quebec (pp. 250-253).
6. Burciu, A., Bostan, I., Condrea, P., & Grosu, V. (2010). Financing The Environmental Policies In The Communitarian Space. Environmental Engineering & Management Journal (EEMJ), 9(9), 1179-118.
7. Caraiman, A.C. (2015). Accounting Information System-qualitative Characteristics And The Importance Of Accounting Information At Trade Entities. Annals Of' Constantin Brancusi University Of Targu-Jiu. Economy Series, 2(1), 168-174.
8. Collase, B. (2011). Introducere în Contabilitate, Traducere Neculai T. Tipo Moldova, Iasi, Romania.
9. Cosmulese, C. G., Grosu, V. (2019). Influences Of New IFRS On Consolidated Financial Reporting. The USV Annals Of Economics And Public Administration, 19(2 (30)), 185-191.
10. Cosmulese, C.G., Alexandru, C.D. (2019). Evaluarea Nivelului De Satisfacere A P?r?ilor Interesate Prin Intermediul Informa?iilor Financiar-contabile, Universitatii „?tefan Cel Mare”, Suceava, Romania, ISBN 978-973-666-605-6
11. Cosmulese, C.G., Hlaciuc, E. (2019). Asserments On Performance Of Economic Entities, European Journal Of Accounting, Finance & Business 10(20). Retrieved May 09, 2019 From Http://www.accountingmanagement.ro/index.php?pag=showcontent&issue=20&year=2019;
12. Ernst & Young (2010), Conceptual Framework: Objectives And Qualitative Characteristics. Retrieved April 19, 2020 From Https://www.ey.com/Publication/vwLUAssets/Supplement_86_GL_IFRS/FILE/Supplement_86_GL_IFRS.pdf
13. Feleag?, N., Feleag?, L. (2009). Some Remarks About The Accounting Reform: The Case Of România, The Business Review, Cambridge, 13(1). Retrieved April 30, 2020 From Http://www.jaabc.com/brcv13n1preview.html
14. Georgescu, I. (1999). Conturile Anuale în Societ??ile Comerciale, Sedcom Libris, Iasi, Romania.
15. Grosu, V. (2010), Perspective ?i Limite în Procesul De Armonizare Financiar-contabil?, Tipo-Moldova, Iasi, Romania.
16. Hlaciuc, E., Socoliuc, M., Mate?, D. (2010), The IAS/IFRS Standards System Between Harmonization And Deformity, Analele Universit??ii Din Oradea, Seria ?tiin?e Economice, Tom XIX, 2, 868-874.
17. Horomea, E., Budugan, D., Georgescu, I., Istrate, C., P?v?loaia, I. Rusu, A. (2017). Introducere în Contabilitate. Concepte ?i Aplica?ii, Tipo Moldova, Iasi, Romania.
18. IAS 1 — Presentation Of Financial Statements. Retrieved April 20, 2020 From Https://www.iasplus.com/en/standards/ias/ias1.
19. Istrate, C. (2009). Contabilitatea Nu-i Doar Pentru Contabili. Universul Juridic, Bucharest, Romania.
20. Jianu, I., Jianu, I. (2008). Definirea ?i Evaluarea Performan?ei – De La Origini Pân? în Prezent, Revista Contabilitate ?i Informatic? De Geastiune, 26, 72-88.
21. Mate?, D., Grosu, V. (2009). Comparative Study Romania-Italy Concerning The Implementation Of IAS/IFRS. IFRS (January 9, 2009). Retrieved April 20, 2020 From Https://ssrn.com/abstract=1325370.
22. Order Of Public Finance Minister No. 1802/2014 For The Approval Of Accounting Regulations Regarding Annual Individual And Consolidated Financial Statements, Published In Official Gazette No.963 Of 30 December 2014.
23. Socoliuc M., Mihalciuc C., Cosmulese C.G. (2018). Tax Evasion In Romania – Between Past And Present, The 14th Economic International Conference: Strategies And Development Policies Of Territories: International, Country, Region, City, Location Challenges | May 10-11, 2018 | Stefan Cel Mare University Of Suceava, Romania (pp. 406-412). Iasi, Romania: LUMEN Proceedings. Https://doi.org/10.18662/lumproc.90, ISBN: 978-1-910129-18-0.
24. Tab?r?, N. (2015). Sisteme Contabile Comparate, Tipo Moldova, Iasi, Romania
25. Todea, N., C?lean, I. (2011). Relevan?a Informa?iilor Financiar-contabile, Financial Audit, 4,23-32.
26. ?urcanu, V., Mate?, D., Bostan, I., Grosu, V., Socoliuc, M. (2008). The Evolution Of The International Standards Of Accountancy IAS/IFRS, Area Of Application And The Mechanism Of Adoption. The USV Annals Of Economics And Public Administration, 8(1), 142-146.
|
| | Back to journal ... |
|
|
| |
|
|
|
