CONTROVERSY REGARDING ELEMENTS IN THE FINANCIAL STATEMENTS

Marilena-Roxana Zuca
Additional contact information
Marilena-Roxana Zuca: Romanian –American University, Bd. Expoziţiei 1B, District 1, Bucharest, Romania

Journal of Information Systems & Operations Management, 2013, vol. 7, issue 1, 81-92

Abstract: The definitions of the elements identify their main traits, but their purpose, the reason for their presence in the financial statements is ensured by meeting the recognition criteria.The current concerns of accounting regulatory organisms in setting and developing the elements and the common conceptual Framework have materialized by setting recognition criteria, that help to achieve a more accurate position of elements in the financial statements, thus creating credibility and relevance of the information contained within it. This study follows, by comparison, recognition criteria of elements presented in financial statements in various accounting referential meaning.

Keywords: active; debt; equity; income; expense (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.rebe.rau.ro/RePEc/rau/jisomg/SU13/JISOM-SU13-A9.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:rau:jisomg:v:7:y:2013:i:1:p:81-92

Access Statistics for this article

More articles in Journal of Information Systems & Operations Management from Romanian-American University Contact information at EDIRC.
Bibliographic data for series maintained by Alex Tabusca ().