IDEAS home Printed from https://ideas.repec.org/a/aes/sccece/v1-2y2015ip11-22.html
   My bibliography  Save this article

Implications Of International Financial Reporting Standards Application For Listed Companies

Author

Listed:
  • Mihaela DĂUCIANU (AVRAM)Author-Email:

Abstract

The objectives of this article is to analyze the accounting, tax and legal judgments and implications resulted from the application of International Financial Reporting Standards to entities listed on the stock market, resulted from the restatement of financial statements for the last three years as the divergence between national and international norm. The European Union requires us the application of IFRS and therefore our audit of the financial statements for entities whose values are traded on the stock exchange. Thus, this article aims to present a practical example of assets restatement and to analyze the impact of tax, legal and accounting. Following the trend of International Financial Reporting Standards application towards accounting in Romania heads to, the companies from Romania should be encouraged to optional apply, in order to prevent any accounting and tax difficulties.

Suggested Citation

  • Mihaela DĂUCIANU (AVRAM)Author-Email:, 2015. "Implications Of International Financial Reporting Standards Application For Listed Companies," Studii si Cercetari de Calcul Economic si Cibernetica Economica Description: This is the official journal of the Journal Studii si Cercetari de Calcul Economic si Cibernetica Economica, The Bucharest University of Economic Studies, Department of Economic Informatics and Cybernetics, vol. 1, pages 11-22.
    • Handle: RePEc:aes:sccece:v:1-2:y:2015:i::p:11-22
    as

    Download full text from publisher

    File URL: http://www.revcib.ase.ro/2015_files/2_Avram%20Daucianu%20Mihaela.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:sccece:v:1-2:y:2015:i::p:11-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexandru Gavrila (email available below). General contact details of provider: https://edirc.repec.org/data/feasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.