ACCOUNTING BASES USED IN DRAWING UP FINANCIAL STATEMENTS BY ECONOMIC ENTITIES LISTED ON THE BUCHAREST STOCK EXCHANGE, BVB SECTION

Diana Brînză, Marcela Bengescu

Abstract


The IASB conceptual accounting framework has several measurement bases that may be used in drawing up financial statements: historical cost, current cost, realizable value, present value. In this article, we shall present a quantitative and empirical research, using the following research methods: the method of documentation, observation analysis and data interpretation. 

Through this article we want to highlight the measurement bases used by economic entities listed on the Bucharest Stock Exchange, BVB section in 2014, in order to record the tangible assets in the financial statements. We will also pursue the amortization regime used by these financial statements to calculate the depreciation of tangible fixed assets.

 


Keywords


measurement bases; historical cost; fair value; financial statements; accounting depreciation

Full Text:

PDF

References


REIES R.F., STOCKEN P.C., 2007, Strategic Consequences of Historical Cost and Fair Value Measurements, Cotemporary Accounting Research, Vol. 24, No. 2, pp. 557-593

RĖROLLE J.-F., 2008, The fair value debate: from accounting utopia to financial realism, Revue Trimestriellede Droit Financier, No.4.

www.BVB.ro


Refbacks

  • There are currently no refbacks.


Copyright (c) 2016 DIANA BRÃŽNZÄ‚, MARCELA BENGESCU

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.


LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

______________________________________________________________________________________________

Banat's University of Agricultural Sciences and Veterinary Medicine "King Michael I of Romania" from Timisoara
Faculty of Agricultural Management
300645, Timisoara, Calea Aradului 119, Romania

E-mail: tabitaadamov2003 [at] yahoo.com
Phone: +40-256-277439, Fax.: +40-256-277031