IDEAS home Printed from https://ideas.repec.org/a/scm/ausvfe/v11y2011i2(14)p181-187.html
   My bibliography  Save this article

Differential Financial Reporting For Micro-Entities: Advantages And Limits

Author

Listed:
  • Ramona NEAG

    (Universitatea “Petru Maior”, Tg. Mures, Romania)

Abstract

At European level, the European Commission supports the reduction of the information reporting requirements for the small and medium-sized companies and makes the first move towards the classification of the unlisted entities in SMEs and micro-entities. For the last category of entities, the European Commission acknowledged that the rules of extensive reporting applied to these are not proportional with their accounting specific needs; they create an additional cost and can be an obstacle for the efficient use of the capital in productive purposes. Positive effects of the review will include a reduction of burden mainly for small enterprises ("think small first") as well as qualitative improvements for all enterprises in the scope of the Directives. We propose to present the need for simplification at our country level using some studies from the literature. We shall follow the implication of Romanian regulatory body in this process. The conclusion presented covers the analysed studies and the personal experience of the author.

Suggested Citation

  • Ramona NEAG, 2011. "Differential Financial Reporting For Micro-Entities: Advantages And Limits," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 11(2(14)), pages 181-187, December.
    • Handle: RePEc:scm:ausvfe:v:11:y:2011:i:2(14):p:181-187
    as

    Download full text from publisher

    File URL: http://www.seap.usv.ro/annals/arhiva/USVAEPA_VOL.11,NR.2(14),2011_fulltext.pdf
    Download Restriction: no
    ---><---

    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:scm:ausvfe:v:11:y:2011:i:2(14):p:181-187. 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: Liviu Scutariu (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.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.