INTRODUCTION OF THE EURO Cover Image

INTRODUCTION OF THE EURO
INTRODUCTION OF THE EURO

Author(s): Mimi Florina Stanculescu
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: critical: SIC 7; Monetary Union; the changeover creative thinking; problem solving; accounting researches

Summary/Abstract: SIC 7 addresses how the introduction of the Euro, resulting from the European Economic and Monetary Union (EMU), affects the application of IAS 21. SIC 7 states that the requirements of IAS 21 should be strictly applied when a country joins the EU's Economic and Monetary Union. The effects of the euro depends on the particular circumstances of a society and its environment.

  • Issue Year: 2012
  • Issue No: 18
  • Page Range: 109-112
  • Page Count: 1
  • Language: English