EconPapers    
Economics at your fingertips  
 

Conservative Accounting Practices Used by Companies Listed on Stock Exchanges in Romania

Ema Masca ()
Additional contact information
Ema Masca: Petru Maior” University, Tîrgu Mures, Nicolae Iorga,no.1, Tîrgu Mures, 540088, Romania

STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, 2015, vol. 1, pages 79-108

Abstract: Academic research shows that financial activity implies accounting conservatism and practical studies prove that regardless of the position of the International Accounting Standards Board (IASB) and academic theories, professional accountants manifest accounting conservatism at the preparation of financial reports. Our study has taken into account the use of adjustments for impairment of assets - a conservative practice, by companies listed on the stock exchanges in Romania. We have found that sustainable companies use this conservative practice in a greater extent than others, so sustainable companies are interested in conservatism more than others. We also have found that professional accountants use revaluation of tangible assets when necessary.

Keywords: accounting conservatism; IFRS; Romania; Europe; accounting practices. (search for similar items in EconPapers)
JEL-codes: M (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.upm.ro/facultati_departamente/ea/RePEc/ ... oeconomica1501_5.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: http://EconPapers.repec.org/RePEc:pmu:oecono:v:1:y:2015:p:79-108

Access Statistics for this article

STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA is currently edited by December

More articles in STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA from Petru Maior University, Faculty of Economics Law and Administrative Sciences Contact information at EDIRC.
Series data maintained by Bogdan Voaidas ().

 
Page updated 2017-01-19
Handle: RePEc:pmu:oecono:v:1:y:2015:p:79-108