CONTROVERSY REGARDING THE DEFINING ELEMENTS OF FINANCIAL STATMENTS

摘要

As far as financial accounting is concerned the heritage elements described in the financial statements is based on the legal category of patrimony. This study follows the notion of patrimony, highlighting the importance of economy over law, through defining elements presented in financial statements in different accounting referential acceptance. Nowadays, the highlighted differences support concerns regarding accounting regulatory organisms in setting and developing elements and content of a common IASB conceptual Framework.