International Financial Reporting Standards (IFRS) has become the new dominant set of accounting standards; however the transition to the new regime may be fairly disruptive for users of financial statements as comparability and trend analysis may be impaired. The objective of this study is to...

The analysis of the performance of a firm (company) has a determinant role in setting the strategy to follow and this is more necessary during the period of economic-financial crisis. In the following items, I have performed the analysis, based on the balance sheet data, for SC DELTA SRL, using...

This paper focused on detailed characterization of some basic elements of accounting science. The author highlighted the necessity of understanding basic terms, categories and constitution of accounting theory for next development of the standardization process by financial reporting. The...