EVOLUTIONS IN THE ACCOUNTING – TAXATION (DIS)CONNECTION IN ROMANIA, AFTER 1990
EVOLUTIONS IN THE ACCOUNTING – TAXATION (DIS)CONNECTION IN ROMANIA, AFTER 1990
Author(s): Costel IstrateSubject(s): Economic history, Transformation Period (1990 - 2010), Present Times (2010 - today), Fiscal Politics / Budgeting, Accounting - Business Administration
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: Accounting; Taxation; (Dis)connection; Romania;
Summary/Abstract: Trying to credibly describe the Romanian relationship between accounting and taxation, we applied the method proposed in 1998 by Lamb et al. and developed by Nobes et Schwenke (2006). Six cases are available: from disconnection (case I) to identity (case II), through the various cases of influence on accounting aver taxation or vice-versa. Despite the short period considered (20 years), our results confirm a de jure disconnection between Romanian financial accounting and tax accounting, as suggested by Petre and Lazăr (2006). But, one should not to much rely on appearances: in many cases, the accounting practice in Romania (especially SMEs) in marked by a close relationship with taxation.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2011
- Issue No: 8
- Page Range: 43-61
- Page Count: 19
- Language: English
