IASB FRAMEWORK REGARDING THE HARMONIZATION OF FINANCIAL STATEMENTS

IASB FRAMEWORK REGARDING THE HARMONIZATION OF FINANCIAL STATEMENTS

Accounting harmonization has imposed on a certain stage of economic and social development, as a practical necessity, seeking coordination based on uniform standards of accounting work. The purpose of this paper is to highlight the importance of general accounting framework for harmonization financi...

Full description

Bibliographic Details
Main Authors: NICOLETA-CORNELIA BRAN (STAN), SORINA-GEANINA MĂRGĂRIT (STĂNESCU), NICOLETA EFTENE
Format: Article
Language:English
Published: University of Petrosani 2011-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
harmonization
financial statements
international accounting standards
IASB
normalization
Online Access:http://www.upet.ro/annals/economics/pdf/2011/part4/Bran(Stan)-Margarit(Stanescu)-Eftene.pdf
Description
Summary:Accounting harmonization has imposed on a certain stage of economic and social development, as a practical necessity, seeking coordination based on uniform standards of accounting work. The purpose of this paper is to highlight the importance of general accounting framework for harmonization financial statements aiming to be a starting point for research, without exhausting the subject. The main source of information used to achieve this paper was a preliminary documentation in order to understand theoretical concept regarding the demarcation of the harmonization concept.
ISSN:1582-5949
2247-8620

Similar Items