Economics at your fingertips  

The Normative Demarche – a Theoretical Description of the Accounting Normalization

Stefan-Duicu Viorica Mirela () and Stefan-Duicu Adrian ()
Additional contact information
Stefan-Duicu Viorica Mirela: Lecturer, the Department of Economic Sciences „Nicolae Titulescu” University
Stefan-Duicu Adrian: Auditor

Global Economic Observer, 2018, vol. 6, issue 1

Abstract: Through this paper we aim to describe the base definitions of the accounting normalization and of the normative theory of accounting that guides this demarche. One main purpose is to explain the comprising elements of the accounting normalization and the historical and conceptual trail of the creation of the normative demarche. An important role in historical highlighting of the accounting regulation had the theoreticians and academics that have enriched and helped the accounting practices. In this paper we exemplify the structures and institutions that have led the normative demarche over time through the present. The accounting normalization into a normative vision issues a connection of complement with the accounting practices following a process of determination between the two conceptual entities, both at a disjunctive level, when the novelty of the accounting practices require the issuance of regulation and also at a completion level when the accounting regulations generate new practices. The approached subject permanently rise questions over aiding and enhancing the accounting practices being considered necessary the addition and involvement of the targeted institutions and the academics in issuing and formulate new theories that will aid the accounting normalization process. The accounting normalization confirms the access at information of multiple users, tracking the generation of a pertinent, rational decisional process, defining a high trust environment for the managers and investors and also the initiation of arbitration between issuers of the accounting information, auditors and other categories of users.

Keywords: normative demarche; normative theory of accounting; regulatory institutions for accounting regulation; practitioners; users of accounting information. (search for similar items in EconPapers)
Date: 2018-06
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link) ... vol6_no1_art_017.pdf First version, 2018 (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:

Access Statistics for this article

Global Economic Observer is currently edited by Serghei Margulescu and Simona Moagar-Poladian

More articles in Global Economic Observer from "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences Contact information at EDIRC., Institute for World Economy of the Romanian Academy
Bibliographic data for series maintained by Stefan Ciucu ().

Page updated 2018-07-28
Handle: RePEc:ntu:ntugeo:vol6-iss1-18-143