Similarities and disparities between Romanian individual and consolidated financial group statements
The purpose of this study is to identify, analyse and assess the main connections and implications of consolidated accounts on enterprise economy. Appearance of consolidated financial statements is intrinsically linked to certain concepts, such as group, control, the perimeter of consolidation, perc...
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University of Bacău
2012-12-01
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Series: | Studies and Scientific Researches: Economics Edition |
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Online Access: | http://sceco.ub.ro/index.php/SCECO/article/view/85 |
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doaj-dac1fb0544644c08842c521fcc3b189d2020-11-24T22:18:06ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212012-12-01016-1710.29358/sceco.v0i16-17.8585Similarities and disparities between Romanian individual and consolidated financial group statementsFlorentin TanasaDoina ProdanThe purpose of this study is to identify, analyse and assess the main connections and implications of consolidated accounts on enterprise economy. Appearance of consolidated financial statements is intrinsically linked to certain concepts, such as group, control, the perimeter of consolidation, percentages of interests, methods of consolidation, or restatements. For a more complete view regarding consolidated annual accounts, it is necessary to delimit and define these particular elements. This approach targets the presentation of our vision over positioning, place and function of financial consolidated statements in the process of the financial report. The study envisages a summary and comparison of ideas found on this subject in thespecialty literature, the regulations developed by various international bodies. Thus, we think it will facilitate the correct positioning of the consolidated financial statements and the consolidated accounts’ concepts. To achieve the proposed desiderates, we have used a constructive methodology for identifying disagreements, approvals and development of a speech to more efficient and effective management of the mentioned concepts.http://sceco.ub.ro/index.php/SCECO/article/view/85consolidated financial statementsaccounting standardsconsolidation perimeterpercentages of interest |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Florentin Tanasa Doina Prodan |
spellingShingle |
Florentin Tanasa Doina Prodan Similarities and disparities between Romanian individual and consolidated financial group statements Studies and Scientific Researches: Economics Edition consolidated financial statements accounting standards consolidation perimeter percentages of interest |
author_facet |
Florentin Tanasa Doina Prodan |
author_sort |
Florentin Tanasa |
title |
Similarities and disparities between Romanian individual and consolidated financial group statements |
title_short |
Similarities and disparities between Romanian individual and consolidated financial group statements |
title_full |
Similarities and disparities between Romanian individual and consolidated financial group statements |
title_fullStr |
Similarities and disparities between Romanian individual and consolidated financial group statements |
title_full_unstemmed |
Similarities and disparities between Romanian individual and consolidated financial group statements |
title_sort |
similarities and disparities between romanian individual and consolidated financial group statements |
publisher |
University of Bacău |
series |
Studies and Scientific Researches: Economics Edition |
issn |
2066-561X 2344-1321 |
publishDate |
2012-12-01 |
description |
The purpose of this study is to identify, analyse and assess the main connections and implications of consolidated accounts on enterprise economy. Appearance of consolidated financial statements is intrinsically linked to certain concepts, such as group, control, the perimeter of consolidation, percentages of interests, methods of consolidation, or restatements. For a more complete view regarding consolidated annual accounts, it is necessary to delimit and define these particular elements. This approach targets the presentation of our vision over positioning, place and function of financial consolidated statements in the process of the financial report. The study envisages a summary and comparison of ideas found on this subject in thespecialty literature, the regulations developed by various international bodies. Thus, we think it will facilitate the correct positioning of the consolidated financial statements and the consolidated accounts’ concepts. To achieve the proposed desiderates, we have used a constructive methodology for identifying disagreements, approvals and development of a speech to more efficient and effective management of the mentioned concepts. |
topic |
consolidated financial statements accounting standards consolidation perimeter percentages of interest |
url |
http://sceco.ub.ro/index.php/SCECO/article/view/85 |
work_keys_str_mv |
AT florentintanasa similaritiesanddisparitiesbetweenromanianindividualandconsolidatedfinancialgroupstatements AT doinaprodan similaritiesanddisparitiesbetweenromanianindividualandconsolidatedfinancialgroupstatements |
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