TENDINȚE ÎN DEZVOLTAREA RAPORTĂRII FINANCIARE

Abstract

The occurrence of several phenomena, both of economic and of other natures, with a significant impact on the business environment, entails the necessity to develop the reporting framework, which needs to adapt and to regulate methodologically the impact of these phenomena on the financial statements of the entities. Respectively, the financial reporting framework aims to follow the same development trend of the company, of the financial instruments, taking into account significant phenomens to which the entire society and the entity in particular are exposed. At the same time, the role of the authorities with responsibilities in the field of developing the reporting framework is to respond within a reasonable time to all these trends, which directly affects the quality of the reporting framework and the financial statements respectively.