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Reassessement, Accounting Policy On Tangible Presentation In The Financial Statements

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  • Firescu Victoria

    (University of Pitesti Faculty of Economics)

Abstract

This paper aims to present some important aspects of the decision revaluation of tangible assets in the financial statements of the Romanians companies .Reassessment of the assets shows special interest for the beneficiaries accounting information because only a suitable policy will lead to credibility assessment and relevant data financial statements of assets. Although there have been numerous concerns to find optimal pricing model, currently neither practitioners nor researchers have not reached a consensus on optimal accounting measurement. The Romanian accounting, revaluation model leads to tangible assets revalued amount, respectively the amount tangible asset's fair. The main factors influencing variables revaluation policy are presented in the paper and analyzed in terms of their correlation with reassessment decision.

Suggested Citation

  • Firescu Victoria, 2013. "Reassessement, Accounting Policy On Tangible Presentation In The Financial Statements," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(41), pages 224-229.
    • Handle: RePEc:aio:aucsse:v:1:y:2013:i:41:p:224-229
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    File URL: http://feaa.ucv.ro/AUCSSE/0041v1-033.pdf
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    References listed on IDEAS

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    1. Missonier-Piera, Franck, 2007. "Motives for fixed-asset revaluation: An empirical analysis with Swiss data," The International Journal of Accounting, Elsevier, vol. 42(2), pages 186-205.
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    More about this item

    Keywords

    revaluation; historical cost; fair value; measurement; tangibile assets;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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