Publication: Implicațiile contabile cauzate de pandemia COVID-19
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
ASEM
Abstract
Description
CUCU, Aurelia, CARAMAN, Stela. Implicațiile contabile cauzate de pandemia COVID-19 = Accounting implications caused by the COVID-19 pandemic. In: Provocările contabilităţii în viziunea tinerilor cercetători: Conf. şt. intern. studenţească, ISSC 2021: Culegere de articole ştiinţifice, Ed. a 5-a, 11-12 martie 2021. Chişinău: ASEM, 2021, pp. 150-157. ISBN 978-9975-155-12-0.
In the context of the current pandemic, more and more Moldova companies find themselves in the situation where their activity is highly reduced, therefore affecting their financial stability. The diminished income is also reflected in the reduced possibility of companies to continue their payments and timely honor their financial obligations. In such cases, where both demand and financial possibilities of the companies are scarce, the provisions of legislation allow several options to be implemented, each carrying their own advantages and disadvantages. In any scenarios, companies need to assess the impact on their financial performance. JEL: M41
In the context of the current pandemic, more and more Moldova companies find themselves in the situation where their activity is highly reduced, therefore affecting their financial stability. The diminished income is also reflected in the reduced possibility of companies to continue their payments and timely honor their financial obligations. In such cases, where both demand and financial possibilities of the companies are scarce, the provisions of legislation allow several options to be implemented, each carrying their own advantages and disadvantages. In any scenarios, companies need to assess the impact on their financial performance. JEL: M41
Keywords
accounting, expenses, fiscality, deductible expenses, fiscal Code, taxpayer, accounting changes