"PATRIMONY" - A CONTROVERSIAL MATTER OF ROMANIA'S PROGRAM OF ACCOUNTANCY MATCHING

The dilemma has its origins in accountancy's international matching, namely between the accountancy system implemented in our country beginning with 1994 and the one implemented by Anglo-Saxon accountancy where patrimony is substituted by its two components: PROPERTY for ASSETS and CAPITAL for LIABILITIES, patrimony being defined owing to financial condition. Property represents the measurable reality of the goods and available values. When compared with the proprietor, property makes up patrimony in case, from a juridical point of view, there is a real guarantee upon the manner of financial covering (obtaining sources, procuring manner), namely a legal manner of justifying the origin of available values.patrimony, assets, liabilities, accountancy.

Abc method – guarantor of real costs in the mining extractive industry entities

The article aims to emphasize the importance of the ABC method in the provision of real production costs within mining extractive industry entities in Romania. Starting from the progress of investigations undertaken in the specialty literature regarding the adaptation and implementation of the ABC method to the specifics of the entities in the mining and quarrying industry to the achievements made so far by various specialists, the authors of this article demonstrate the successful implementation of the ABC method in mining entities in Romania and the determination of the real costs. The documentation which was the basis of the study and comparison between applicative traditional method used and the ABC method applied is likely to prove the viability of the organization of the managerial accounting of mining extractive industry entities in Romania in order to increase their performances. The article ends with the conclusions of the authors concerning the enlargement of the successful implementation of the ABC method in mining extractive industry entities in Romania

Abc method – guarantor of real costs in the mining extractive industry entities

The article aims to emphasize the importance of the ABC method in the provision of real production costs within mining extractive industry entities in Romania. Starting from the progress of investigations undertaken in the specialty literature regarding the adaptation and implementation of the ABC method to the specifics of the entities in the mining and quarrying industry to the achievements made so far by various specialists, the authors of this article demonstrate the successful implementation of the ABC method in mining entities in Romania and the determination of the real costs. The documentation which was the basis of the study and comparison between applicative traditional method used and the ABC method applied is likely to prove the viability of the organization of the managerial accounting of mining extractive industry entities in Romania in order to increase their performances. The article ends with the conclusions of the authors concerning the enlargement of the successful implementation of the ABC method in mining extractive industry entities in Romania

Dashboard, Tool for Monitoring and Measuring the Performances of Entities within Mining Extractive

This article aims to emphasis the importance of dashboard in monitoring and measuring the performances of entities within mining extractive industry of Romania. Having regard to the stage of the researches carried out in the specialty literature regarding the implementation of ABC method to the peculiarity of entities within mining extractive industry and up to the achievements made at present by various professionals, the authors of this article demonstrate the utility of dashboard in monitoring and measuring the performances of mining entities of Romania and of making decisions based on information provided by it. The main tool underlying the elaboration of dashboard was presented, namely the results account as accounting synthesis document of managerial accounting. The article ends with the conclusions of authors with a view to advantages and importance of using the dashboard of ABC method within the entities of mining extractive industry of Romania

Dashboard, Tool for Monitoring and Measuring the Performances of Entities within Mining Extractive

This article aims to emphasis the importance of dashboard in monitoring and measuring the performances of entities within mining extractive industry of Romania. Having regard to the stage of the researches carried out in the specialty literature regarding the implementation of ABC method to the peculiarity of entities within mining extractive industry and up to the achievements made at present by various professionals, the authors of this article demonstrate the utility of dashboard in monitoring and measuring the performances of mining entities of Romania and of making decisions based on information provided by it. The main tool underlying the elaboration of dashboard was presented, namely the results account as accounting synthesis document of managerial accounting. The article ends with the conclusions of authors with a view to advantages and importance of using the dashboard of ABC method within the entities of mining extractive industry of Romania

Accounting information - the base of financial analysis in investment decisions

Accounting information must allow both the current and potential investors to identify measure, classify, and evaluate all operations and activities of an enterprise. Undoubtedly, one of the most important is that accounting provides accounting information. This allows management decisions and proper investment by current and potential investors. This paper aims to show that it is important accounting information in making management decisions and investments, which are the characteristics and conditions necessary for accounting information is used efficiently.accounting information, investment decisions, financial analysis economic efficiency, accounting users

THE RESULTS ANALYSIS OF AN ECONOMIC ENTITY OF WATER DISTRIBUTION

The authors of this study aim to carry out a dynamic and structural analysis of the revenues and expenses of an economic entity supplying drinking water, for the period 2021-2022, to highlight their evolution as a result of the increase in the water tariff. For the profitability of the activity of the analyzed economic entity, it is particularly important to know the expenses caused by the performance of the specific activity and, respectively, to identify the best ways to improve its performance. As is known, the correlated analysis of expenses and the management of financial, material, and human resources is the basis of the managerial decision-making process of an economic entity. The objective of this research is to develop an analysis of expenses related to incomes in order to highlight their evolution, as well as the factors that influence their size. The research focused on the study of specialized literature, complemented by a case study comprising the vertical analysis of the profit and loss account, as well as the dynamic and structural analysis of the expenses and revenues of a company in the targeted field. The obtained result resides in the observation that, for the analyzed entity, the revenues adversely influence the efficiency of the total expenses. The article ends with the authors’ conclusions regarding how the expenses related to the analyzed entity’s revenues evolved during the mentioned period and the effect over time of the resulting variations

ORGANIZATION OF MANAGEMENT ACCOUNTING AND COST CALCULATION OF MINING IN JIU VALLEY

The scientific approach taken, due to the fact that a nationally more acute problem arises regarding mining restructuring, namely the closure of uneconomic mines, in this paper I want to report my finding on how management accounting is organized and which is the costing method currently applied by the seven mines in the Jiu Valley, which are currently functional, as well as to identify their limitations and advantages for improving them and identifying financial and economic solutions, demonstrating that in fact these are viable economic entities

Aspects Regarding the Accountancy of Mines Closure Projects Financed Owing to Loans Ratified by the World Bank

The accounting and financial registering of the expenditures regarding the projects of mines closure, preservation, and ecology works financed by the International Bank for Reconstruction and Development are carried out according to the Accountancy Law no. 82/1991, re-published, and to the new accounting Settlements in accordance with the 4th and the 7th directives of the European Economic Communities that are in force beginning with January 10th 2010 owing to Order no. 3055 dated October 29th 2009. According to theses legal stipulations, yearly financial reports drawn out by the juridical persons of public interest are the object of a statutory audit.project, implementation, World Bank, loan, financing, restructuring, mining industry, accountancy, account, financial reports

PATRIMONY - A CONTROVERSIAL MATTER OF ROMANIAS PROGRAM OF ACCOUNTANCY MATCHING

The dilemma has its origins in accountancys international matching, namely between the accountancy system implemented in our country beginning with 1994 and the one implemented by Anglo-Saxon accountancy where patrimony is substituted by its two components: PROPERTY for ASSETS and CAPITAL for LIABILITIES, patrimony being defined owing to financial condition. Property represents the measurable reality of the goods and available values. When compared with the proprietor, property makes up patrimony in case, from a juridical point of view, there is a real guarantee upon the manner of financial covering (obtaining sources, procuring manner), namely a legal manner of justifying the origin of available values