THE ROLE OF SMALL AND MEDIUM ENTERPRISES IN THE MODERN ECONOMY AND THE IMPORTANCE OF IFRS APPLICATION FOR SMES

Marius Sorin Ciubotariu ()
Additional contact information
Marius Sorin Ciubotariu: "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration

The USV Annals of Economics and Public Administration, 2013, vol. 13, issue 1(17), 201-210

Abstract: The main objective of this paper is to analyze the importance of the small and medium enterprises in the economy and the need for their financial reporting in accordance with IFRS for SMEs. The first part of the study focuses on the role and impact of SMEs in the European Union and in Romania. Also here are presented and discussed the specific characteristics of SMEs. In the second part the paper continues with addressing issues on the financial reporting of SMEs by synthesizing features of specialized literature. The paper ends with the presentation of the implementation of IFRS for SMEs and the main differences compared to the complete IFRS.

Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.seap.usv.ro/annals/arhiva/USVAEPA_VOL.1 ... 7),2013_fulltext.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:13:y:2013:i:1(17):p:201-210

Access Statistics for this article

The USV Annals of Economics and Public Administration is currently edited by Editura Universitatii Stefan cel Mare din Suceava

More articles in The USV Annals of Economics and Public Administration from Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ().