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General Opinions about the Adoption of IAS/IFRS in Romania

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  • Dragos Andrei Stoica

Abstract

IAS/IFRS represent a set of global accounting standards that have gained a tremendous influence over national standards, regulations and organisations all across the globe. Romania’s argument for being an interesting research case is given mainly by its longer experience with the standards over other countries in the region. Through this study, my aim is to highlight the arguments in favour of IAS/IFRS over the national GAAP by conducting a survey, addressed to the employees of the biggest 7 accounting firms in Romania.

Suggested Citation

  • Dragos Andrei Stoica, 2021. "General Opinions about the Adoption of IAS/IFRS in Romania," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 24(82), pages 132-139, December,.
    • Handle: RePEc:rej:journl:v:24:y:2021:i:82:p:132-139
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    References listed on IDEAS

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    1. Nadia Albu & Cătălin N. Albu & Sidney J. Gray, 2020. "Institutional factors and the impact of international financial reporting standards: the Central and Eastern European experience," Accounting Forum, Taylor & Francis Journals, vol. 44(3), pages 184-214, July.
    2. Mihaela Ionascu & Ion Ionascu & Marian Sacarin & Mihaela Minu, 2014. "IFRS adoption in developing countries: the case of Romania," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 13(2), pages 311-350, June.
    3. Nadia Albu & Catalin Nicolae Albu & Madalina Dumitru & Valentin Florentin Dumitru, 2013. "Plurality or convergence in sustainability reporting standards?," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(Special 7), pages 729-742, November.
    4. 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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    IAS/IFRS; actor; advantage; innovation;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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