REPORTING FINANCIAL POSITION THROUGH THE BALANCE SHEET
REPORTING FINANCIAL POSITION THROUGH THE BALANCE SHEET
Author(s): Cristina Mihaela Nagy, Bogdan CotleţSubject(s): Economy, Law on Economics, Accounting - Business Administration
Published by: Editura Eurostampa
Keywords: balance sheet; financial position; analysis of the financial position; performance; the synthetic accounting document;
Summary/Abstract: In order to achieve their performance objectives in the current economic context, characterized through exceptional dynamism and complexity, companies are encountering difficulties, therefore the analysis of the financial position of the last period allows forecasting of the future position. The presentation instrument for the financial position in Romania is the balance sheet, which is the synthetic accounting document which presents the assets and equity and liabilities of companies at they early closure, as well as in other cases provided by law.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XXI/2015
- Issue No: 21
- Page Range: 273-275
- Page Count: 3
- Language: English