THE RISK OF INCONSEQUENTLY USING THE ACCOUNTING POLICIES
Mihaela D. Nanu
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Mihaela D. Nanu: Faculty of Accounting and Management Information Systems
SEA - Practical Application of Science, 2014, issue 5, 483-488
Abstract:
This research is trying an approach on the risk concepts that appear when using inconsequently accounting policies and management techniques for controlling them. The increase of companies’ vulnerability, their size, the huge impact of technology, the global interdependence and competition, the environment awareness, too, are only a few of the factors which are drawing my attention on the issue of these risks and their management. Romania’s emerging economy is creating a favourable environment for building a business. The reaching of the established objectives is encumbered by this uncertainty that can be either a barrier or an opportunity for the profitability of the entity. It is envisaged the getting/obtaining of information regarding the state of the phenomenon under study, as anchored in the national economic reality, the exploitation of the information available in the field of interest that is being studied, as well as the exchange of information and good practices.
Keywords: Positive analysis; Financial risk; Entity behavior; Accounting policies (search for similar items in EconPapers)
JEL-codes: D21 D23 D63 D78 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:5:p:483-488
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