ROMANIAN ACCOUNTING POLICIES BETWEEN INTERNATIONAL ACCOUNTING CONVERGENCE AND CORPORATE GOVERNANCE REGULATION

摘要

Our paper aims to look at accounting impact on the systems of Romanian corporate governance. The purpose is aligned to discover research leads at the intersection of corporate governance and financial accounting. The hypothesis is that the corporate governance is influenced by accounting policies monitored by internal control. The empirical study focus on several points: (i) concepts and specific Terms; (ii) elements to be considered in establishing accounting policies; (iii) change and remodelling of accounting policies; (iv) the influence of enterprise accounting policies on indicators level. We present the role of accounting policies to generate futures economic benefices and the intricacy of accounting valuation. We conclude about the process configuration and modelling accounting policies in terms of business engineering.