The term to estimate is difficult given by definition encompassing both general cases and the specific, since its use occurs in many situations and different times. Estimation in general, but also in economic, implies a subjective aspect of making this action, so that can be a mis-judgment. In...

Defining the terms of accounting evaluation and estimation has a significant importance for the impact these concepts have on the enterprise’s financial position and performance. Evaluation is described as the method of quantifying and measuring in a value expression, respectively in monetary...

At present, at global level, is more and more visible the fact that the information and knowledge exercise a decisive impact over the functionality and performance of organizations, assuring the sustainability of the economy on long term. Switching to economy based on knowledge is an inevitable...

The fundamental disposition of the CEE 4th Directive is represented by the art.2, in which is stipulated the structuring of the annual accounts in three documents that forms a unitary whole as following: the balance sheet, the profit and loss account and the annex. The annex is a constitutive...

The accounting synthesis documents represents an informing social system created for the satisfaction of the informing user’s needs, needs determined by political and social purposes. The financial informing policies described by the annual synthesis accounting documents architecture are...

The role of an interim financial reporting is to allow the information users to acknowledge the activity of an entity on period shorter than financial exercise from the perspective of the available profits and cash flows generated as well as from the point of view of its financial position and...