DEVELOPMENT AND APPLICATION OF ACCOUNTING POLICIES AND PROCEDURES Cover Image

ELABORAREA ŞI APLICAREA POLITICILOR ŞI PROCEDURILOR CONTABILE
DEVELOPMENT AND APPLICATION OF ACCOUNTING POLICIES AND PROCEDURES

Author(s): Camelia-Daniela HATEGAN, Carmen Mihaela Imbrescu, Codruţa-Daniela Pavel
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: accounting policies; practices; financial statemens; accounting principles; management accounting.

Summary/Abstract: Accounting policies are specific principles, bases, conventions, rules and practices applied by an entity in preparing and presenting financial statemens. Management must use professional reasoning to develop an accounting policy that provides the most useful information to users, founders, auditors and all those who read financial statements. To implement management accounting in accounting policies underlying the reporting of consistent rules solely in terms of assets assessment, how to determine the costs of acquisition and production costs. Procedures should be developed given the specific activity by specialists in economic, technical and commercial knowledge of work performed and the strategy adopted.

  • Issue Year: 20/2010
  • Issue No: 2
  • Page Range: 343-351
  • Page Count: 9
  • Language: Romanian