ACCOUNTING PRINCIPLES AND PRACTICE Cover Image

ACCOUNTING PRINCIPLES AND PRACTICE
ACCOUNTING PRINCIPLES AND PRACTICE

Author(s): Lidija Romic
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: accounting principles; financial statements; taxation.

Summary/Abstract: Standard accounting practices require publicly-traded companies to follow certain accounting rules when presenting financial statements so that the readers of the statements can easily compare different companies. Private companies are also often required by banks and shareholders, for example, to present information according to their specified rules. Usually, countries practicing civil law system write standards into law and countries with English common law systems have private organizations to set the rules.

  • Issue Year: 20/2010
  • Issue No: 1
  • Page Range: 211-216
  • Page Count: 6
  • Language: English
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