In a market economy, accounting convergence and normalization have as an objective organizing the operation rules of the accounting information market in order to optimize financial communication. The existence of a market implies the existence of a product. Accounting information represents the...

The insurance companies are required to cover gross technical reserves with permitted assets in accordance with the legal regulations in force, namely prudential rules issued by the Insurance Supervisory Commission in accordance with the European directives on the matter, and the coverage of the...

The merger is considered to be the classic form of restructuring, in the opinion of some authors it represents a concentration of capital in order to survive. Unlike other forms of concentration, the result of merger is the creation of a new company with legal personality or assets to the...

The evolution of financial results reported by Romanian insurers to the commission for supervision of insurers in the context of the financial and economic crisis has spotlighted the fact that the insurance industry hasn’t been immune to the crisis. A number of 28 insurers have reported losses...

Accounting information is the most accurate, precise, complete and operative information underlying decisions taken in the management process of the economic entity. It may reflect the status at a time, the extent to which their activity is profitable or not and may even provide an overview of...

The main objective of this paper is to test a research hypothesis regarding the preference for IFRSs adoption in Islamic countries. The hypothesis has been tested on a dataset of 38 Islamic countries inside the framework of a Discrete and Limited Dependent Variable Model. We have obtained robust...

Our paper deals with aspects regarding risk and uncertainty.Using content analyze in this paper we survey the disclosure level of risk management information in the annual report of top Romanian listed companies.

In Romania of our days financial accounting and taxation accounting are not the same. They have different objectives, are subject to different rules and serve different purposes. Financial accounting involves the preparation of information for the purpose of decision-makers while the taxation...

The economic theory has long since recognized the importance of innovation as one of the engines of economic growth and development. On the other hand, at the microeconomic level, research, development and innovation are some of the key factors for the organization’s growth. Traditionally, the...

Financial statements aim is to assure an efficient dialogue between the company and the external operators interested in having a good perspective of the entity. Information about the cash flows, as component of financial statements, is useful in providing users of financial statements with a...