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The Perception of the Romanian Economic Environment Regarding the Adoption of the International Financial Reporting Standards

Author

Listed:
  • Andreea Mihaela MARIN

    (West University of Timisoara, Romania)

Abstract

The adoption of the International Financial Reporting standards by the accounting professionals who activate in the Romanian business environment has met with difficulties due to the lack of similarities identified between the Romanian accounting system and the international system of reference. This fact was often presented in topic papers and conferences by representatives of the academic environment as well as by specialists in the area. In this context, we drafted this paper through which we outline an overview of the adopting of International Financial Reporting Standards in Romania, referring to questions raised by legislators and specialists in the field within the specific literature.

Suggested Citation

  • Andreea Mihaela MARIN, 2017. "The Perception of the Romanian Economic Environment Regarding the Adoption of the International Financial Reporting Standards," North Economic Review, Technical University of Cluj Napoca, Department of Economics and Physics, vol. 1(1), pages 174-178, October.
    • Handle: RePEc:clj:noecrw:v:1:y:2017:i:1:p:174-178
    as

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    References listed on IDEAS

    as
    1. Nadia Albu & Cătălin Nicolae Albu, 2012. "International Financial Reporting Standards in an Emerging Economy: Lessons from Romania," Australian Accounting Review, CPA Australia, vol. 22(4), pages 341-352, December.
    2. Alain Burlaud, 2013. "Should Financial Statements Represent Fairly or be Relevant?," Working Papers halshs-00873959, HAL.
    3. Costel ISTRATE, 2012. "Impact of IFRS on Romanian Accounting and Tax Rules for Fixed Tangibles Assets," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 11(2), pages 243-263, June.
    4. Costel Istrate, 2011. "Substance Over Form In A Romanian Book-Tax Approach," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 2011, pages 29-39, july.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial statements; International Financial Reporting Standards; Accounting regulations;
    All these keywords.

    JEL classification:

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

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