Provisions – accounting tools of risk mitigation economic Cover Image

Provisions – accounting tools of risk mitigation economic
Provisions – accounting tools of risk mitigation economic

Author(s): Lucica Sintea (Anghel)
Subject(s): Business Economy / Management, Economic policy, Accounting - Business Administration, Marketing / Advertising
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Risks; Economic crisis; Accounting; Measurement; Control;

Summary/Abstract: Provisions represent a defense of the economic entity against the risks they may face. These have an important role in funding decisions that will be taken in future when it is desirable an absorption fusion in the establishment or when it is desirable concluding contracts and /or commercial banking. As more provisions are created, even more protected, the company credibility with partners is higher. Any investor is interested in the transparency of accounts as they are the real economic picture of the entity and the basis from which to start making management decisions. Constituting provisions is accomplished after the inventory of patrimonial.

  • Issue Year: 2016
  • Issue No: 36
  • Page Range: 209-212
  • Page Count: 4
  • Language: Romanian