Bank loans have an increasing role for corporate activities. In most countries, bank loans are the main source of financing for small and medium-sized enterprises. Even though the role of banks decreased in the last years, banks take advantage of a privileged position which allows them to...

Eurofound established minimum requirements for internal control processes through 16 standards that provide general principles of management: 1. Mission; 2. Ethical values and organizational; 3. Staff and mobility; 4. Evaluation and staff development; 5. Objectives and performance indicators; 6....

The purpose of this study is to conduct a comparative analysis regarding the field distribution of Romanian companies that have liabilities to the state budget at the end of 2010. In our approach, we have studied all the companies with debts to the state of the category of large companies in...

The management of occupational health and safety constitutes the missing link as concerns the elaboration and implementation of integrated management systems i.e. quality, safety, environment in accordance with the new trends at international and European level. The implementation of management...

Five fundamental forces have transformed the structure of financial markets and institutions and reflect the intense competition financial firms face today: deregulation/reregulation, financial innovation, securitization, globalization, and advances in technology. Market participants can choose...

Financial audit consists of collecting and evaluating some tests regarding information in order to determine and return the accordance degree of that information with a series of preestablished criteria, performed by a competent and independent person. Doing this activity at the level of...

For enterprise management, the accountant data should allow a correct calculation of costs, an acquaintance of expenditures that are reflected within financial accountancy affects the result of the exercise, but also the cost of realized products or services are not necessarily imputed, they are...

This paper presents the necessary theoretical approaches for the delimitation and localization of the historical sources of the financial audit and of the relational ensemble accounting-financial controlling – financial audit, harmonized with International Accounting Standards. Market...

Accounting is an important factor in recent transformations in the management of economic life in Romania. A marked convergence between private and public sector philosophies of administration has occurred and accounting has given operational substance to ideals of „efficiency”, „value for...

Due to the fact that accounting evaluation has severe rules and principles, the economic evaluation has the role to assure the reflection of informational valences of an economic entity in order to mark out its capacity to produce future incomes. Even if the role and the characteristics of...