Ajustări de valoare stabilite la data bilanțului, tratamente contabile și fiscale aplicabile plătitorilor de impozit pe profit
Value Adjustments Established at the Balance Sheet Date, Accounting and Fiscal Treatments Applicable to Taxpayers
Author(s): Elena StănciulescuSubject(s): Economy, Accounting - Business Administration
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: valuation allowance; tangible fixed asset/intangible asset; carrying amount; book value; inventories; net realizable value; receivables
Summary/Abstract: In this article, we aim to present accounting and fiscal aspects regarding valuation allowances for tangible fixed assets and intangible assets, for inventories and receivables. All accounting principles must be followed in order to present a true and fair image of the financial statements. Valuation allowances play an important part in outlining the impairment losses incurred by assets, regardless if they are deductible or not.
Journal: CECCAR Business Review
- Issue Year: 2/2021
- Issue No: 05
- Page Range: 15-24
- Page Count: 10
- Language: English, Romanian