IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2010v1p53-66.html
   My bibliography  Save this article

Annualy/yearly financial situations in european frame

Author

Listed:
  • Lucia PALIU-POPA
  • Petruta-Elena CUMPANASU

    (Constantin Brancusi University, Faculty of Economics, Romania)

Abstract

The primary objective of accounting is to provide information in order to ensure a fair, clear and full image of heritage, financial position and results of the entity, to all interested parties, ensuring "transparency" of accounting information to all the interested people. This objective can be achieved by periodic preparation of summary documents and accountin reporting, which over time have worn different names such as balance sheet, annual financial statements or annual accounts. Starting from this consideration, in this paper we proposed to approach in terms of theoretical importance, the role and principles of the annual financial statements with new accounting regulations in accordance with EU Directives.

Suggested Citation

  • Lucia PALIU-POPA & Petruta-Elena CUMPANASU, 2010. "Annualy/yearly financial situations in european frame," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 53-66, April.
    • Handle: RePEc:cbu:jrnlec:y:2010:v:1:p:53-66
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2010-01/5_LUCIA_POPA_PALIU.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    accounting reporting; annual financial statements; EU Directives;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2010:v:1:p:53-66. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.