Costing management represents an information and a management tool used in order to improve enterprise performance. This provides information on cost, profit, but can also be a technique to "maximize profitability" (management tool). The information produced by costing management extends from...

In practice and in economic theory is increasingly accepted the belief that the masters of costs have the biggest opportunities to win the global competition for supremacy. In essence, the progress of any kind should determine the achievement of economic goods with the lowest costs. The basic...

The spillover of the credit crisis into a broader global economic downturn brings with it a number of accounting and financial reporting related issues and risks in financial audit area. In their run to show a big profit, in order to attract investors, the assets were over valuated by the...

The EU statistics reveal over 19 million active enterprises within the EU-27’s nonfinancial business economy (defined as industry construction, distributive trades and services, and therefore excluding financial and public services) in 2004. About one third (32.5%) were active in the...

The eXtensible Markup Language, or XML is a method to add structure and context to unstructured information This paper presents some of the latest issues in using XML as a standard for information publishing. We present XBRL (eXtended Business Reporting Language) and possible applications in...

The whole socio-economic development relies eventually on the quality of the individual's work as a production generator.Its occurence within the permanent process of economic development is done in compliance with occupational work division.Work division and specialization represent the most...

In this paper we investigate the most recent techniques that support the auditor in his audit activity. The review and evaluation process of internal accounting and financial control systems represents a major task to auditors and management due to the professional, legal, and economic concerns....