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The Impact of the Application of IFRS on Reporting the Financial Position

Author

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  • Mihaela-Cristina ONICA

    (Dunarea de Jos University of Galati, Romania)

Abstract

The application of IFRS in an economic entity’s accounting imposes the paying of special attention to not necessarily the similarities but most importantly to the differences which appear between the national referential and the IASB one. As regards the financial position of the entity, we may say that, more or less, all standards influence it, but some impose differences which must be mentioned.

Suggested Citation

  • Mihaela-Cristina ONICA, 2012. "The Impact of the Application of IFRS on Reporting the Financial Position," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 335-340.
    • Handle: RePEc:ddj:fserec:y:2012:p:335-340
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    References listed on IDEAS

    as
    1. Iatridis, George, 2010. "International Financial Reporting Standards and the quality of financial statement information," International Review of Financial Analysis, Elsevier, vol. 19(3), pages 193-204, June.
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    Cited by:

    1. Violeta Isai & Simona Anca Cozma, 2015. "The Conflict Between The True And Fair View And The Prudence In Romanian Accounting," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 473-476.
    2. Miron Vasile-Cristian-Ioachim, 2015. "Financial Position And Its Relevance To Stakeholders," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 356-365, April.
    3. Violeta Isai & Andreea-Diana Cretu & Corina-Ionela Bildigau, 2015. "Considerations For Reporting The Performance Of The Socially Responsible Companies," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 487-492.
    4. Violeta Isai & Daniel Bolea, 2015. "Remarks On The Accounting Treatment Of Goodwill At The Level Of Blocks Of Trading Companies," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 431-434.
    5. Hada Izabela Diana & Hint Mihaela, 2018. "Intermediate Management Balances Analysis In The Context Of The Application Of Ifrs," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 165-170, June.

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