IMPLEMENTATION OF IFRS IN ROMANIA – PAST, PRESENT AND PERSPECTIVES

Romania seems to be the country which passes through an undying reform of the national accounting system. Stages to be invoked in the reforming process of the national accounting referential are frequent, maybe to frequent, and they have always brought important changes of the accounting treatments. In Romania, normalizers from the accountancy field look with an eye towards the European Directives and with the other eye towards the international accounting referential promoted by means of IAS-IFRS system. This approach can be also observed to a careful comparative analysis of national accounting regulations in accordance with the European directives, on the one hand, and of referential based on international standards, on the other hand. In this context, can also be easily noticed the fact that international accounting rules became, in time, more and more important for the economic environment from Romania, fact also illustrated by the evolution of the legal framework which regulates their implementation in our country. By means of this study, we propose ourselves a careful analysis of the evolution, in time, of the IFRS phenomenon at the level of Romanian economic environment, trying, at the same time, to conceive the perspectives aiming the continuity/extension of the application of the accounting referential in Romania.