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A Critical Analysis of the Current Financial Statements and How they Manage to Provide or Imagine Faithfully to Complete the Market Value of the Companies

Author

Listed:
  • Dumitru Soare Cati-Loredana

    (“Valahia” University of Targoviste, Romania)

  • Gîju George Ciprian

    (“Valahia” University of Targoviste, Romania)

  • Drăgoi Violeta Elena

    (“Valahia” University of Targoviste, Romania)

  • Preda Larisa

    (“Valahia” University of Targoviste, Romania)

Abstract

Beyond international accounting standards, which recognize that there have been significant investments in intangible assets in recent decades and have complaints that do not identify investments in intangible assets in financial statements, distorts the assessment of companies’ performance and does not allow for a fair evaluation of the market value of them, there are also numerous recent studies that confirm this. In today’s knowledge economy, we find that the information provided by recent financial statements needs to be more sufficient for stabilizing strategies, decision-making, and the stability of the actual market value of companies. This article proposes a critical analysis of the current financial statements and how they manage to provide or imagine faithfully to complete the market value of the companies.

Suggested Citation

  • Dumitru Soare Cati-Loredana & Gîju George Ciprian & Drăgoi Violeta Elena & Preda Larisa, 2022. "A Critical Analysis of the Current Financial Statements and How they Manage to Provide or Imagine Faithfully to Complete the Market Value of the Companies," Valahian Journal of Economic Studies, Sciendo, vol. 13(2), pages 77-82, October.
    • Handle: RePEc:vrs:vaecst:v:13:y:2022:i:2:p:77-82:n:10
    DOI: 10.2478/vjes-2022-0017
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    References listed on IDEAS

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    1. Bontis, Nick & Dragonetti, Nicola C. & Jacobsen, Kristine & Roos, Göran, 1999. "The knowledge toolbox:: A review of the tools available to measure and manage intangible resources," European Management Journal, Elsevier, vol. 17(4), pages 391-402, August.
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    More about this item

    Keywords

    intellectual capital; faithful image; current accounting; intellectual capital accounting; market value;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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