IDEAS home Printed from https://ideas.repec.org/a/blg/reveco/v69y2017i2p98-108.html
   My bibliography  Save this article

Assessment Of The Company'S Performance In Terms Of Gains And Losses From Revaluation Of Fixed Assets Recorded In Equity

Author

Listed:
  • ION Elena Iuliana

    (Craiova University, Craiova, Romania)

  • MAN Mariana

    (Petroșani University, Petroșani, Romania)

Abstract

This article proposes an improvement in the performance of Romanian companies reporting taking into account the influence of earnings and losses recorded directly in equity. One of the objectives of this research was to assess the impact on the revaluation amounted to reflect the true performance of the companies. We carried out a study on the method of accounting for gains and losses resulting from revaluation of fixed assets and selling them at a higher value than their net book value. As a result of the study conducted, it is showed that there is a correlation between gains and losses to be booked directly to equity and appreciation of the company's performance.

Suggested Citation

  • ION Elena Iuliana & MAN Mariana, 2017. "Assessment Of The Company'S Performance In Terms Of Gains And Losses From Revaluation Of Fixed Assets Recorded In Equity," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(2), pages 98-108, August.
    • Handle: RePEc:blg:reveco:v:69:y:2017:i:2:p:98-108
    as

    Download full text from publisher

    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/69209ion&man.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mariana Man & Liana Gădău, 2011. "The Profit and Loss Account Through the Romanian Accounting Regulations. From European to International," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(2), pages 167-176.
    2. Mariana Man & Maria Ciurea, 2016. "Transparency of Accounting Information in Achieving Good Corporate Governance. True View and Fair Value," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 3(1), pages 41-62, May.
    3. Mariana Man & Bogdan Rivas & Liana Gadau, 2011. "Historic Cost Versus Fair Value," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 4(1), pages 1-238, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ilie Răscolean & Ileana-Sorina Rakos, 2016. "The Transition From Historical Cost to Fair-Value, A Choice With Major Implications in Accounting," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(1), pages 233-244.
    2. Pantazi Marius, 2021. "In order to thrive, first we need to fix accounting and management Then, we must report what matters," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 723-736, December.
    3. Mariana Man & Maria Ciurea, 2016. "Transparency of Accounting Information in Achieving Good Corporate Governance. True View and Fair Value," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 3(1), pages 41-62, May.
    4. Mariana MAN & Bogdan RAVA?, 2017. "Implementation Of Management Accounting Tools – Solution To Enhance The Performance Of Public Capital Companies In Difficulty. Case Study: Romanian Television Company," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 45(1), pages 1-15, March.
    5. Ciurea Maria & Man Mariana, 2018. "The Possibility of Developing an Appropriate Framework for Reflecting Information and Making Decisions on the Human Capital," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 234-239, December.
    6. Ilie Rascolean & Ileana-Sorina (Boca) Rakos, 2016. "Evolution Of The Local Budget Revenues And Expenses. Case Study: Orastie Town Hall, Hunedoara County," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 25-37, December.
    7. Rascolean Ilie & Rakos Ileana-Sorina, 2017. "Cost Budgeting With The Romanian Bakery Units," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 87-95, December.
    8. Carmen-Florentina Paunescu, 2019. "Social Accounting - Source Of Relevant Information In Assessing The Social Responsibility Of The Organization," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 4(Special), pages 52-59, May.
    9. Maria-Madalina Bogeanu-Popa, 2019. "Will Romania’S Strategy Of Development Affect The Integration Of The Sustainable Development In The Accounting Of Romanian Entities?," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 4(Special), pages 80-89, May.
    10. Ilie Răscolean & Ileana-Sorina Rakos, 2016. "Particularities of Accounting for Client Crediting Operations," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(2), pages 129-138.
    11. Maria Mădălina Bogeanu Popa & Mariana Man, 2019. "The Impact Of The Sustainable Development’S Exigencies On The Non-Financial Reports To The Economic Entities In The Banking System," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(47), pages 53-64, December.
    12. Maria Daniela Bondoc & Marian Ţaicu, 2013. "Expenses Analysis Based on Information Provided by the Profit and Loss Account – Company Performance Diagnosis Stage," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 5-14.
    13. Mariana Man & Maria Ciurea, 2016. "Elements of Corporate Governance Implementation in Romania, in the European Context," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(1), pages 151-166.
    14. Eleonora Cardillo & Maria Cristina Longo, 2020. "Managerial Reporting Tools for Social Sustainability: Insights from a Local Government Experience," Sustainability, MDPI, vol. 12(9), pages 1-23, May.
    15. Maria Ciurea, 2018. "Considerations on the Need to Implement International Accounting Standards for the Public Sector in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 18(1), pages 35-44.
    16. Ciurea Maria, 2018. "The Costs of the Professional Training at the Level of the Economic Entities: Long-Term Investment or Expense?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 228-233, December.

    More about this item

    Keywords

    performance; gains from revaluation; revaluation losses; equity global result;
    All these keywords.

    JEL classification:

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

    Statistics

    Access and download statistics

    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:blg:reveco:v:69:y:2017:i:2:p:98-108. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc 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 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: Eduard Alexandru Stoica (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.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.