IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Actual Aspects Regardind The Ifrs For Sme €“ Opinions, Debates And Future Developments

Listed author(s):
  • Ramona Neag

    (Petru Maior University of Tirgu Mures)

  • Ema Masca

    (Petru Maior University of Tirgu Mures)

  • Irina Pascan

    (Petru Maior University of Tirgu Mures)

Registered author(s):

    Globalization (primarily the economic one) is today an incontestable reality that hasan important influence on the human condition, socioeconomic and cultural situation of thecollectivities. The SMEs have an important position in the world wide economy. The accountinginformation provided by them must have the same role. We must decide: who are the users of thisinformation, the comparability is compulsory at this level, the harmonization is required? Askingthis question we must try to give an answer without ignoring the opinion of those who act in in thisshow . At European level, the legitimacy to develop standards specific to SME is contested.However, this global accounting standard may represents a very significant step on the path toglobal convergence of financial reporting practices by SMEs. It will contribute to enhancing thequality and comparability of SME financial statements around the world and assist SMEs ingaining access to finance. We consider that IFRS for SMEs may still be considered too complex formicro-entities; however many of the requirements will not be applicable for entities with a moresimple business model. The extent to which IFRS for SMEs can be used for tax purposes remains anissue that requires further study.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia in its journal Annales Universitatis Apulensis Series Oeconomica.

    Volume (Year): 1 (2009)
    Issue (Month): 11 ()
    Pages: 1-3

    in new window

    Handle: RePEc:alu:journl:v:1:y:2009:i:11:p:3
    Contact details of provider:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:1:y:2009:i:11:p:3. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan-Constantin Danuletiu)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.