PRACTICI CONTABILE CONSERVATOARE UTILIZATE DE ENTITATILE LISTATE LA BURSA DIN ROMANIA
CONSERVATIVE ACCOUNTING PRACTICES USED BY COMPANIES LISTED ON STOCK EXCHANGES IN ROMANIA

Summary/Abstract: Academic research shows that financial activity implies accounting conservatism and practical studies prove that regardless of the position of the International Accounting Standards Board (IASB) and academic theories, professional accountants manifest accounting conservatism at the preparation of financial reports. Our study has taken into account the use of adjustments for impairment of assets - a conservative practice, by companies listed on the stock exchanges in Romania. We have found that sustainable companies use this conservative practice in a greater extent than others, so sustainable companies are interested in conservatism more than others. We also have found that professional accountants use revaluation of tangible assets when necessary.

• Details
• Contents