Measurement and Appraisal in the Accounting System of the Economic Entities of Romania Within the Public Entities

Since current accounting of the business and financial operations, as well as the centralization and the generalization of the patrimonial holdings data, is achieved in pecuniary terms, we can positively state that accounting, as it is seen today, cannot be achieved without assessment. Under the circumstances of the market economy, pricing, on grounds of the rapport between supply and demand leads to the appearance of a flexible price system that turns the appraisal of the accounting entities patrimony into a complex task which sometimes proves to be pretty difficult. There are three criteria usually taken into account from the standpoint of the accounting theory and practice, which have been accepted for the appraisal of the assets and liabilities flows and inventories, of the incomings and outgoings, namely: the utility value or the real value, the market value and the time.