Study on the Application of the Prudence Principle in Accounting of Credit Institutions

Study on the Application of the Prudence Principle in Accounting of Credit Institutions

With effect from 1 January 2012, according to The NATIONAL BANK of ROMANIA No. 27/2010, International Financial reporting standards (IFRS) have become the basis of the accounting system used by credit institutions in Romania. In this context, the regulatory framework relating to the adjustments for...

Full description

Bibliographic Details
Main Authors: Riana Iren RADU, Violeta ISAI
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2014-08-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2014_1/RaduIsai.pdf
id doaj-8a64c717180b4a98969cc5457c60cdce
record_format Article
spelling doaj-8a64c717180b4a98969cc5457c60cdce2020-11-25T01:29:09ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092014-08-0116974Study on the Application of the Prudence Principle in Accounting of Credit InstitutionsRiana Iren RADU0Violeta ISAI1Dunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaWith effect from 1 January 2012, according to The NATIONAL BANK of ROMANIA No. 27/2010, International Financial reporting standards (IFRS) have become the basis of the accounting system used by credit institutions in Romania. In this context, the regulatory framework relating to the adjustments for impairment of financial assets other than loans and securities is given by IAS39 and IAS 37. In this paper I propose to develop a study on the application of the prudence principle in accounting of credit institutions, a study, which will be the main issues of taxation and accounting implementation of prudent credit institutions.http://www.eia.feaa.ugal.ro/images/eia/2014_1/RaduIsai.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Riana Iren RADU
Violeta ISAI
spellingShingle Riana Iren RADU
Violeta ISAI
Study on the Application of the Prudence Principle in Accounting of Credit Institutions
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
author_facet Riana Iren RADU
Violeta ISAI
author_sort Riana Iren RADU
title Study on the Application of the Prudence Principle in Accounting of Credit Institutions
title_short Study on the Application of the Prudence Principle in Accounting of Credit Institutions
title_full Study on the Application of the Prudence Principle in Accounting of Credit Institutions
title_fullStr Study on the Application of the Prudence Principle in Accounting of Credit Institutions
title_full_unstemmed Study on the Application of the Prudence Principle in Accounting of Credit Institutions
title_sort study on the application of the prudence principle in accounting of credit institutions
publisher Dunarea de Jos University of Galati
series Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
issn 1584-0409
1584-0409
publishDate 2014-08-01
description With effect from 1 January 2012, according to The NATIONAL BANK of ROMANIA No. 27/2010, International Financial reporting standards (IFRS) have become the basis of the accounting system used by credit institutions in Romania. In this context, the regulatory framework relating to the adjustments for impairment of financial assets other than loans and securities is given by IAS39 and IAS 37. In this paper I propose to develop a study on the application of the prudence principle in accounting of credit institutions, a study, which will be the main issues of taxation and accounting implementation of prudent credit institutions.
url http://www.eia.feaa.ugal.ro/images/eia/2014_1/RaduIsai.pdf
work_keys_str_mv AT rianairenradu studyontheapplicationoftheprudenceprincipleinaccountingofcreditinstitutions
AT violetaisai studyontheapplicationoftheprudenceprincipleinaccountingofcreditinstitutions
_version_ 1725098240187039744

Similar Items