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Tangible Assets Revaluation Policy At Listed Entities On the Bucharest Stock Exchange - Tier I

Author

Listed:
  • CSÅ SZ Csongor

    (University „Babeş-Bolyai†Faculty of Economics and Business Administration, Cluj Napoca, Romania)

Abstract

Each year in preparation of annual financial statements must be evaluated the entity’s assets to be presented, so that these assets to be recorded in the financial statements at fair value need regular revaluation. Revaluations should be made with sufficient regularity so that the accounting value to does not differ substantially from that which would be determined using fair value at balance sheet date, so is guaranteed the true and fair view of the financial statements. The study contains an analysis of the 25 listed entities on the Bucharest Stock Exchange (BSE) tier I. of the revaluation policy, in relation with debt ratio of the entity, size of the entity, amount of tangible assets (tangible assets share in total assets) and in relation with the seniority (age) of tangible assets.

Suggested Citation

  • CSÅ SZ Csongor, 2013. "Tangible Assets Revaluation Policy At Listed Entities On the Bucharest Stock Exchange - Tier I," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 174-181, May.
    • Handle: RePEc:tdt:annals:v:xix:y:2013:p:174-181
    as

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    File URL: http://fse.tibiscus.ro/anale/Lucrari2013/Lucrari_vol_XIX_2013_028.pdf
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    References listed on IDEAS

    as
    1. Benston, George J., 2008. "The shortcomings of fair-value accounting described in SFAS 157," Journal of Accounting and Public Policy, Elsevier, vol. 27(2), pages 101-114.
    2. Nicoleta Maria CIOARA & Adriana Tiron TUDOR, 2010. "The Model Of Historical Cost And Fair Value In The Context Of National And International Regulations," EuroEconomica, Danubius University of Galati, issue 24, pages 91-98, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    revaluation policy; debt ratio; amount of tangible assets;
    All these keywords.

    JEL classification:

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

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