THE RESTATEMENTS IMPACT OF THE REAL ESTATE ON THE INHERITANCE STRUCTURE

• Main Authors: Adriana Craitar, Mirela Sichigea
• Format: Article
• Language: English
• Published: Universitatea din Craiova 2016-12-01
• Series: Annals of the University of Craiova: Economic Sciences Series
• Subjects: real estate; investment property; accounting restatements; structure rates
• Online Access: http://feaa.ucv.ro/annals/v1_2016/0044v1-003.pdf

The modification of the recognition and consideration rules of the real estate in the patrimony of a company (beginning with 1st January 2015) leaded to new practices under the accounting aspect and under the analysis of the rates of structure. In the work, there are presented and explained the implications of accounting nature, in the first step and they are followed in a rational way by the modifications caused in the structure of the tangible elements. The practical aspects were followed and analyzed over a period of 3 years: between 2014 and 2016 being split pertinent conclusions. The decision of enclosing a real estate in one of the categories “Lands”, “Buildings” or “Investment property” is grounded in a big measure on the own accounting politics and on the professional reasoning. But, in report with this retreatment, notable modifications are registered in the tangible elements. These modifications appear in the size of the weight and also in the number of the structure rates for being calculated (determined by the introduction of new balance sheet to tangible).