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Accountancy Against Financial Engineering Challenges

Author

Listed:
  • Cicilia Ionescu

    (Universitatea „Spiru Haret” Bucuresti)

Abstract

The world we are living in is the one of economies’ universalization, and especially, of financial markets’ globalization. The abolition of economic borders for different countries has also implications in the monitorization of companies’ businesses with the help of accounting. Yet, the information regarding companies’ performances determinate a higher concern. This is the reason for which the accounting normalizators were permanently concerned in finding reliable models of reflecting this. In spite, there are instruments and techniques (accounting engineering) which distort the companies’ results.

Suggested Citation

  • Cicilia Ionescu, 2006. "Accountancy Against Financial Engineering Challenges," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(5(500)), July.
    • Handle: RePEc:agr:journl:v:5(500):y:2006:i:5(500):p:
    as

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