The Normative Demarche – a Theoretical Description of the Accounting Normalization

Through this paper we aim to describe the base definitions of the accounting normalization and of the normative theory of accounting that guides this demarche. One main purpose is to explain the comprising elements of the accounting normalization and the historical and conceptual trail of the creation of the normative demarche. An important role in historical highlighting of the accounting regulation had the theoreticians and academics that have enriched and helped the accounting practices. In this paper we exemplify the structures and institutions that have led the normative demarche over time through the present. The accounting normalization into a normative vision issues a connection of complement with the accounting practices following a process of determination between the two conceptual entities, both at a disjunctive level, when the novelty of the accounting practices require the issuance of regulation and also at a completion level when the accounting regulations generate new practices. The approached subject permanently rise questions over aiding and enhancing the accounting practices being considered necessary the addition and involvement of the targeted institutions and the academics in issuing and formulate new theories that will aid the accounting normalization process. The accounting normalization confirms the access at information of multiple users, tracking the generation of a pertinent, rational decisional process, defining a high trust environment for the managers and investors and also the initiation of arbitration between issuers of the accounting information, auditors and other categories of users.