The Dynamics of the Accounting Models and Their Impact upon the Financial Risk Evaluation
The Dynamics of the Accounting Models and Their Impact upon the Financial Risk Evaluation
Author(s): Victor MUNTEANUSubject(s): Economy, Accounting - Business Administration
Published by: Editura Universitară & ADI Publication
Keywords: Accounting model; evaluation; financial risk; accounting information; financial risk reporting; corporatist governance; risk management
Summary/Abstract: All the companies are exposed to risks and circumstances can take an unexpected turn at some point in time. What the company can control is how these risks are managed and firstly the steps to be taken to avoid them. The way how the scientific expertise, data and the advice on devising the risk strategies are understood, represented and incorporated into a structured system has visibly evolved since the 19th century until present, along with the accounting models and the main factors that triggered a higher concern in this sector.
Journal: Academic Journal of Economic Studies
- Issue Year: 1/2015
- Issue No: 1
- Page Range: 105-117
- Page Count: 13
- Language: English
