EVALUATION OF TANGIBLE ASSETS IN THE NATIONAL ACCOUNTING LEGISLATION AND IFRS

Marian Socoliuc

Abstract


Since the accounting regulations complying with the European directives approved by Order No. 1.802 / 2014 of the Minister of Public Finance, effective from 1 January 2015, make significant changes and additions compared to the old provisions (OMFP No. 3.055 / 2009, as amended and supplemented), we consider it necessary to present some regulations that have been amended or supplemented with appropriate annotations, modifying regulatory acts that may be useful to many entities and individuals applying these regulations as compared to those that have already implemented IFRS.


Keywords


evaluation of tangible assets, current assets, economic benefits, productive biological assets

References


Lazăr A., “New elements included in the new accounting regulations compliant with European directives ", Journal of Public Finance and Accounting, No. 1- January 2015, pp.7.

Mates D. (coord)Socoliuc M. (coaut) –” Contabilitatea evenimentelor si tranzactiilor intre standarde directive si reglementari fiscal”, Editura Mirton, Timisoara, 2009.

Mates D. (coord)Socoliuc M. (coaut) – ”Cotabilitate si gestiune fiscala a entitatilor economice”, Editura Eurostampa, Timișoara, 2016.

Order of the Minister of Public Finance no. 1802/29.12.2014 for the approval of the Accounting Regulations on the individual annual financial statements and the consolidated annual financial statements (M.O. nr. 963/30.12.2014, pct.192-196, pp.23).

International Accounting Standard IAS 1 - Presentation of Financial Statements, pct.66.

International Accounting Standard IAS 16 - Tangible assets, pct.7.

http://ceccar.ro/ [accessed on 23.03.2018]


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