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

researchers and practitioners. Economic added value, its main indicator, cannot express what may be considered in accounting terms …

). 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. …