European Council on 25 June 1996 and is an internationally applicable accounting framework that allows analytical and detailed …

Extremely useful in decisions making, real, clear, complete, credible and relevant accounting information are essential … to the management. Financial accounting provides financial - accounting information publishing the financial statements … accounting is considered as a relevant and reliable source of information if it is adapted to the investement decision, collects …

implementation of those decisions. Where accounting (management) enters? It is part of the total information, available to management …. It is important to recognize the partial role of accounting. Accounting is only a part of the complex set of information … and organizational structures. The role of accounting is to provide relevant financial information within those structures …

). Insurances and accounting have evolved simultaneously. This thesis points out the most important moments in their evolution …, globally and locally. Nowadays, accounting has developed a new, specialized branch dedicated to insurance – actuarial … accounting. In Romania, this branch adopted the IAS/IFRS. …