%0 Journal Article
%T THE NECESSITY FOR ACCOUNTING REGULATIONS GENERALLY ACCEPTED AT INTERNATIONAL LEVEL
%A BOGDAN COTLE£¿
%A CRISTINA MIHAELA NAGY
%A OVIDIU MEGAN
%A DUMITRU COTLE£¿
%J Anale : Seria £¿tiin£¿e Economice. Timi£¿oara
%D 2012
%I Mirton Publishing
%X In a market economy, accounting convergence and normalization have as an objective organizing the operation rules of the accounting information market in order to optimize financial communication. The existence of a market implies the existence of a product. Accounting information represents the product changed on the accounting information market. This product exists only according to the rules and standards that define it. Accounting information is a ¡°legal¡± specific product, because its production, presentation and dissemination must be regulated. Like other countries in transition, Romania has launched a reforming process of the financial reporting system, with the assistance of some EU member countries (France, Belgium, and United Kingdom).
%K accounting convergence
%K accounting information
%K accounting regulations
%U http://fse.tibiscus.ro/anale/Lucrari2012/kssue2012_060.pdf