The impact of controls on financial reporting quality
The impact of controls on financial reporting quality
Author(s): Cecilia (DAMOC) Nica, Elena (STANCIU) IonitaSubject(s): Business Economy / Management, Governance, Economic policy, Law on Economics, Accounting - Business Administration
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Audit; Corporate governance; Expert accountant; Internal control; Financial reporting; Romania;
Summary/Abstract: The study identifies the impact of the internal and external control of the quality of financial reporting, considering the professional accountants’ opinions, evaluating the extent to which financial and nonfinancial information presented annually by companies represent a guarantee of compliance with the ethical principles of professionals, and also a transparency presentation of the economic activity, risk management, at the same time protecting the interests of stakeholders in the company. The quantitative analysis performed is based on a questionnaire applied to the professional accountants being conducted on a sample of companies in Romania, in various sectors and presents a comparative study of the importance of each type of internal and external control in the delivery of financial reports and non- annual companies, real and credible.
Journal: Management Intercultural
- Issue Year: 2015
- Issue No: 34
- Page Range: 455-461
- Page Count: 7
- Language: Romanian