DIFFERENCES BETWEEN DAS AND INTERNATIONALACCOUNTING STANDARDS REGARDING FIXED ASSETSTREATMENT

摘要

THE LEGISLATION ENVIRONMENT IN ROMANIA IS IN A PROCESS OF CONTINUOUS CHANGE, WITHTHE AUTHORITIES MAKING NOTICEABLE EFFORTS IN ALLIGNING THE ACCOUNTING REGULATIONTO THE EUROPEAN DIRECTIVES, ON ONE HAND AND IN REACHING CONVERGENCE WITH THEINTERNATIONAL ACCOUNTING FRAMEWORK, ON THE OTHER HAND.ALL THESE ACTIONS ARE SUBORDINATED TO THE OBJECTIVE OF CREATING A PROPERENVIRONMENT FOR THE DEVELOPMENT OF ECONOMICE RELATIONSHIPS, MAKING ACOUNTINGINFORMATION CREDIBLE, EASY TO UNDERSTAND AND RELIABLE, ESPECIALLY FOR THEINVESTORS.AN ACCOUNTING SYSTEM ALIGNED TO THE INTERNATIONAL REQUIREMENTS IS A SIGNOF A NORMAL ECONOMIC ENVIRONMENT. THUS THE LEGISLATOR AIMS AT MAKING ACCOUNTINGINFORMATION COMPARABLE AND UNDERSTANDABLE BY ELIMINATING OR DECREASING TO THEMINIMUM THE DIFFERENCES BETWEEN DOMESTIC AND INTERNATIONAL REGULATIONS.