Publication: Grupurile de entități și importanța acestora în comunicarea financiară internațională
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Academide de Studii Economice a Moldovei
Abstract
Description
Publicat in: Analele Academiei de Studii Economice a Moldovei : Ed. a 12-a / Acad. de Studii Econ. a Moldovei ; col. red.: Grigore Belostecinic. – Chişinău : ASEM, 2014. – ISBN 978-9975-75-649-5. – ISSN 1857-1433.
Nr 1/2014. – 2014. – 390 p. : fig., tab. – Texte : lb. rom., engl. – Rez.: lb. rom., engl., fr. – Bibliogr. la sfârşitul art. şi în subsol. – ISBN 978-9975-75-681-5.
[33+657]:378.633(478-25)(082)=135.1=111
Developing laws and policies according to EU standards in accounting is one of the structural elements that could contribute to Moldova's European integration. EU legislation and policies in the field of corporate accounting and auditing cover two vital components of financial disclosure, which are:- financial reporting using recognized financial reporting standards and auditing these reports, using recognized auditing standards. Financial disclosure is a major part of good corporate governance. The consolidation of financial reports is a consequence (an effect) of the process of concentration and centralization of capital, the incorporation of subsidiaries, branches within concerns and groups of companies within the limits of some national frontiers of several governments on an international scale.
Developing laws and policies according to EU standards in accounting is one of the structural elements that could contribute to Moldova's European integration. EU legislation and policies in the field of corporate accounting and auditing cover two vital components of financial disclosure, which are:- financial reporting using recognized financial reporting standards and auditing these reports, using recognized auditing standards. Financial disclosure is a major part of good corporate governance. The consolidation of financial reports is a consequence (an effect) of the process of concentration and centralization of capital, the incorporation of subsidiaries, branches within concerns and groups of companies within the limits of some national frontiers of several governments on an international scale.
Keywords
consolidated financial statements, consolidation perimeter, defining subsidiaries, financial-industrial groups, the legal framework of branches