The accounting principles should be considered an essential element in the preparation and presentation of financial statements, with our analysis focusing especially on the relative principles: Materiality and aggregation, compensation and offsetting. We consider necessary to improve the...

The normalization result in the recognition of items in the financial statements, aims to establish criteria for recognition, helping to a more accurate positioning of items in the financial statements, giving the credibility and relevance of the information contained therein.

The last decade, especially, has brought major mutations in the evolution of national economies through the accentuation of the international financial character of globalization. In the last years the number and the complexity of companies which operates on international financial markets...