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Financial audit – feckless for economic re-launch

Author

Listed:
  • Elena DOBRE

    (Bucharest University of Economic Studies, Romania)

  • Laura BRAD

    (Bucharest University of Economic Studies, Romania)

Abstract

The credibility of financial audit suffered an important decrease upon the economic crisis has been released. Even though solutions for its improvement were conferred, such as the Green Paper code, it continues to be a feckless tool for overcoming upon the recent financial crisis. This research provides evidence about the characteristics of financial audit of listed Romanian entities and about the correlation with entities’ evolution. The results emphasize that the lack of transparency in financial reporting is a key element to economic re-launch.

Suggested Citation

  • Elena DOBRE & Laura BRAD, 2015. "Financial audit – feckless for economic re-launch," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(603), S), pages 151-162, Summer.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:2(603):p:151-162
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    References listed on IDEAS

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