CHANGES IN PRIOR PERIOD ERRORS

Alina Pietraru and Dorina Luţă
Additional contact information
Alina Pietraru: “Constantin Brâncoveanu” University of Pitesti
Dorina Luţă: “Constantin Brâncoveanu” University of Pitesti

Theoretical and Applied Economics, 2007, vol. 6(511)(supplement)(vol2), issue 6(511)(supplement)(vol2), 215-218

Abstract: In 2007, in Romania is continued the gradual implementation of the International Financial Reporting Standards which includes: the IFRS, the IAS and their Interpretation as approved by European Union, translated and published in Romanian. The financial statement must achieve one major purpose that is to provide information about the financial position, financial performance and changes in financial position of that entity. In this context, the accounting policy elaborated and assumed by the management of the entity must offer an information that is relevant and reliable for a wide range of users.

Keywords: financial statements; prior period material errors; retained earnings. (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/suplimente/simpozion_ager_2007_vol2_en.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:agr:journl:v:6(511)(supplement)(vol2):y:2007:i:6(511)(supplement)(vol2):p:215-218

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().