ASPECTE NOI AFERENTE COMPONENȚEI, RECUNOAȘTERII ȘI EVALUĂRII VENITURILOR ȘI CHELTUIELILOR CONTRACTUALE
NEW ASPECTS REGARDING THE COMPONENTS, RECOGNITION AND EVALUATION OF CONTRACTUAL REVENUES AND EXPENSES

Summary/Abstract: This article examines new aspects related to contractual revenues and expenses, primarily regarding: the components of revenues and expenses in construction contracts; the method of recognizing contractual revenues and expenses; the evaluation of contractual revenues and expenses. These aspects result from the changes made in the National Accounting Standards and the General Chart of Accounts, which were developed based on Directive 2013/34/EU and the General Framework for Financial Reporting and came into force on January 1, 2020. When implementing the changes to the National Accounting Standards, it should be noted that there are divergences between the provisions of the National Accounting Standards and the IAS regarding the components, recognition, and evaluation of contractual revenues and expenses.

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