From the Standardization to the Internationalization of the Accounting Information

Boghean Cristina Iuliana ()
Additional contact information
Boghean Cristina Iuliana: University of Craiova, Faculty of Economics

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 200-202

Abstract: Accounting standardization represents a uniform system of rules designed for a range of economic entities located in a particular geopolitical location or in a given geographical area. Accounting standardization aims to achieve the following objectives resulting from the characteristics of the modern world economy, namely: the vital need for information and communication, the universality of classifications for real and cash flows; the widespread of the electronic treatment of information and data. Nowadays, accounting standardization exists in most countries. Romania wants to match its legislation on accounting issues with the EU Directives and to take into account the emerging trends in international standardization. The decision to implement IFRS in Romania involves dealing with the need for new interfaces with the European Union, its regulatory accounting bodies, as well as the national accounting standards setting bodies in the Member States.

Keywords: accounting standardization; information; accounting (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.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:ovi:oviste:v:11:y:2011:i:1:p:200-202

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().