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Introduction Of The Euro

Author

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  • Stănculescu Mimi-Florina

    (Academy of Economic Studies Faculty of Accounting)

Abstract

SIC 7 addresses how the introduction of the Euro, resulting from the European Economic and Monetary Union (EMU), affects the application of IAS 21. SIC 7 states that the requirements of IAS 21 should be strictly applied when a country joins the EU's Economic and Monetary Union. The effects of the euro depends on the particular circumstances of a society and its environment.

Suggested Citation

  • Stănculescu Mimi-Florina, 2012. "Introduction Of The Euro," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(18), pages 109-112, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2012:i:18:p:109-112
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    File URL: http://feaa.ucv.ro/RTE/018-12.pdf
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    More about this item

    Keywords

    SIC 7; Monetary Union; the changeover creative thinking; problem solving; accounting researches;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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