The Implication Of The Accounting Profession In The Accounting Regulation For “Micro-Entities” In The Actual Economic Context: Debates And Opinions
The accounting profession has been and continues to be, undergoing changes in terms of their market place and in the regulatory environment of their different jurisdictions. Based on the study of the recent European literature on the field of the reduction of disclosure requirements for the „micro-entities” and considering the results of a research accomplished by our team in Mures county, Romania, regarding the opportunity for different accounting requirements for the Romanian „micro-entities”, this paper aims to identify the role of the Romanian accounting profession in the accounting regulation for so called „micro-entities”. Whether and in what extent the Romanian accounting professions should be involved actively in the process of accounting regulation? The organization of a debate on this subject by the Romanian accounting regulator with the accounting profession is opportune? Professional accounting bodies are pointing out the trends and future issues that accountants need to be aware of and either explicitly or implicitly, suggest ways in which the profession has to develop. The Romanian accounting profession is prepared for these ways. Some of these questions may find answer in our paper. Our conclusions underline the idea that the active participation of the accounting profession in validating or invalidating some Romanian accounting requirements may be considered an important step.
Volume (Year): 10 (2010)
Issue (Month): Special (December)
|Contact details of provider:|| Postal: |
Phone: +40 230 522978
Fax: +40 230 216147
Web page: http://www.seap.usv.ro
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:scm:ausvfe:v:10:y:2010:i:special:p:260-267. 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: (Liviu Scutariu)
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.