Economic and financial performances within the scope of accounting and fiscal standards applicable to real estate transactions

Maria Iulia SOBOLEVSCHI David, Vasile Robu, Monica Petcu and Costin Ciora
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Maria Iulia SOBOLEVSCHI David: Bucharest University of Economic Studies, Romania
Vasile Robu: Bucharest University of Economic Studies, Romania
Monica Petcu: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue Special(III), 91-98

Abstract: The characterization of the economic and financial performance of real estate transactions involves the processing of accounting information, within the scope of specific fiscal regulations. In this sense, information with a high degree of concentration are provided by the accounting mechanisms supported by the accounting balance sheet, the profit and loss account, the equity statements, and the explanatory notes. The accounting and fiscal buffer guide influences the performance highlighted in the financial and accounting statements. The assessment of the performance of real estate transactions takes into consideration complex aspects regarding economic and financial principles that include the decision to allocate capital according to the specific risk-costeffectiveness arbitrage, on one hand, and the impact of the accounting and fiscal provisions, on the other hand. The concatenation of these aspects is the foundation of the investment reasoning, which has multiplying effects in the field of investment property on globalized markets.

Keywords: real estate used by the owner; investment property; fixed assets held for sale. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:special(iii):p:91-98

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