The present paper focuses on the concept of board panel, its importance in decision making by managers of a patrimony unit, issues to be considered when preparing it. It shall also specify the documents and reports which can be drafted using the data summarized and provided by board panels and...

The paper focuses in particular on the analysis of basic whose development can cause potential exposure of the bank. Also, it highlights the need to improve the process of risk management in the Romanian banking system. We have analyzed the evolution of income, expenses and profit whose...

The aim of this paper is to present the concept of combining businesses as a possible solution for companies to overcome the effects of the economic crisis. Combining companies is approached from the point of view of accountancy, therefore presenting the accounting method, the modality of...

Provisions are constituted for the purpose of complying with the principle of prudence These are comprised into annual expenses until they are used. Their destination is to cover the expenses that prior or actual events make them possible. Indirectly, the provisions represent the equivalent of...

The need to compile and approve the accounting policies in applying the accounting regulations is provided by the Order no. 3055/2009 for the approval of the accounting regulations consistent with European directives and applicable from January 1st, 2010. These policies should be developed...

The objective of financial statements is to give a true and fair view of financial position and of the performance, a true and fair view which will be useful for a wide range of users to take economic decisions. Accounting policies choice involves setting options that generate the best financial...

The options available to taxpayers make tax systems attractive and give them an opportunity to choose one system or another after a careful analysis of the fiscal advantages and disadvantages of each choice. A small or medium company has to explore the options available, whether that is VAT...