Munich Personal RePEc Archive

Issues on the contribution of the accountancy profession to enhancing the quality of the environment business in Romania

Bunget, Ovidiu-Constantin (2009): Issues on the contribution of the accountancy profession to enhancing the quality of the environment business in Romania.

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Abstract

To be able to assist in a credible business in our country accounting unit itself had to adapt on the one hand to the new trends of harmonization and standardization of existing on the international front, and on the other hand the new requirements of the environment business in the process of privatization, modernization, development of capital market and a free market economy. The accounts of Romania treated as such concepts European economy increasing capacity free accounts to achieve a representation of reality by using language uniform conferred by International Financial Reporting Standards. Accounting is heavily involved in the processes of regionalization and globalization, through adjustment and transformation of systems of national accounts into a single system, or at least one compatible with the internationally recognized. The current turbulence that occurs on the capital market require rapid decisions based on a transparent accounting information available in real time. If you already have a European accounting profession is expected to have as soon as possible and a real European economy in which business to comply with the rules unanimously recognized.

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