THE ACCOUNTING POLICIES AND PROCEDURES - DELIMITATIONS AND INTERFERENCES

In order to reveal the ‘trusty image‘ of the financial position, the assets, the liabilitiesand of the performance of an entity, it is necessary to adopt, know, understand and/or to apply thecorresponding accounting policies. In addition, in order to accomplish this objective an adequateinternal control that could anticipate, prevent, detect or treat promptly and efficiently the risks thatcould affect the credibility, relevance or the comparability of the accounting information, throughthe adoption and the implementation of some adequate accounting procedures, is needed. In thecontext of the suggested aspects, the carried research has had as an objective the area of theaccounting policies and procedures, in order to identify differences, delimitations, but also,connections, interferences, correlations, similarities among these, in the frame of the accountingstandards from Romania, of the internal control activities applied by the entities selected from thesample.