EFFECTS OF INTERNATIONAL FINANCIAL REPORTING STANDARDS CONCERNING THE FINANCIAL CONTROL

Gheorghe MOROSAN

Abstract


The purpose of this paper is to present the "normalization accounting practices" specific anglo-saxon countries, it is devoid of normative reference systems being influenced by operational practice. Accounting rules that define economic evaluation procedures for recording and best practices resulting from active and fully recognized by professional accountants that are encoded by authoritative professional bodies, respecting the best financial and economic doctrines. Yet another object of the work is to show the effects of international standards of financial reporting on financial audit and financial control then the accountant.

Keywords


accounting principles; internal control system; financial control; IFRS; Romania

References


Azzali, S. (1996). Il sistema dell’informazioni di bilancio delle aziende di produzzione. Milano.

Bostan, I., & Grosu, V. (March 2010.). The IAS/IFRS Standards system and their relation with the communitarian legislation . INTERNATIONAL JOURNAL Of ACADEMIC RESEARCH, Vol. 2. No. 2. , 35-40.

Dumitrescu, D. (2008). The Internal Audit. Conferinta Internatională Economia Romaniei post-aderare 2 ani în UE, ZEC 2008, (p. 10). Resita.

Grosu, V., Bostan, I., Socoliuc, M., Mates, D., Tulvinschi, M., Hlaciuc, E., et al. (2012). The Arhitecture of Ias/Ifrs Standards Concerning the Atributtes and Anomalies of the Economical and Financial Information . The 18th IBIMA conference on 18th IBIMA Conference. Istanbul, Turkey: IBIMA.

Grosu, V., Hlaciuc, E., Mates, D., & Socoliuc, M. (2012). The impact of the International Accounting Standards/ International Financial Reporting Standards (IAS/IFRS) in determining the goodwill of companies in the European Union (EU). African Journal of Business Management Vol.6 (43), 10708-10721.

Marasca, S. (1999). Le valutazioni nel bilancio di esercizio. Torino: Giappichelli.

Marchi, L., & Allegrini, M. (2003). L’evaluzione dei principi contabile in Italia. Revizione contabile, nr.50.

Marchi, M. (2004). Revizione aziendali e sisteme di controlla interno. Milano: Giuffre.

Moretti, P. (2004). L’applicazione dei principi IAS nell’ordinamento italiano. . Corr Trib, nr.2359.

Quaqlui, A. (1998). L’evoluzione dei principi contabili di derevazione professionale. Pisa: Il Borghetto.

Richman, L. (2005). Compliance and Ethics Programs Under the Federal Sentencing Guidelines After the Supreme Court Booker Decision. Reprinted w/ permission from March 2005 edition: Wall Street Lawyer.

Schon, W. (2004). Intenatonal Accounting Standard: a „starding point” for a Common European Tax Base. International Bureau of Fiscal Documentation.

Sottoia, C. (2003). Verso l’adozione dei principi contabili interrnazionali; modificate le direttive contabili nei conti annuali e consolidato. Le Societa. Revista de diritto e practica commerciali, societara e fiscale, 1153.

*** Directiva 2004/109/CE din 15 decembrie 2004

*** Comissione CE, Primul Raport, partea a 2-a


Full Text: PDF

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.