Accounting Alternative Treatments Regarding Fixed Assets - A National And International Approach

By introducing the IFRS, as main accountancy source for the quoted enterprises, on the markets established by EU, for making strong its position within the interior of a such large market, IASB could not present itself so uninterested in front of a potential extension of own accountancy documents, to a great number of small and middle enterprises, functional on the European market. Everything is directed towards a growth of competitive capacity of enterprises, thanks to comparability, an existing characteristic within the internal accountancy Standard, generally applied (even in the simplified form for the small dimensions enterprises), and either on sector’s level or upon credits access level. Tangible assets are handled by the International Accounting Standard 16 – Tangible assets. The main issues addressed by IAS 16 Tangible assets refers to: recognition time of assets, determination of their accounting value, depreciation expenses to be recognized in connection with these values, the accounting treatment, requirements for submission of information. This research papers objective consists on verifying the impact generated over the management of enterprise activity, by applying the international standards of accountancy IAS/IFRS, in editing and publishing the accounting period balance and of that reinforced balance, for the quoted companies. The aspects that we will underline with great importance will represent the modifications brought to the economic-financial informational system and of modifications appeared with a view to analyze the activity and performance of enterprises.