HARMONISIERUNG DER INTERNATIONALEN RECHNUNGSLEGUNGSYSTEMS

In the course of globalization, it has become necessary that Europe-based, globally active company debt and equity increasingly on international capital markets. Thus the efficiency in the procurement of capital can be secured, is a unifying of accountingharmonization, convergent, accounting system, guidelines

HARMONISIERUNG DES JAHRESABSCHLUSSES

IAS 1 regulates the contents and layout bases of the financial statements. Financial statements addressees are those who cannot demand customized reports from the company for their own information needs. A complete financial statement includes the statemeJahresabschluss, Ergebnis, Gewinn- und Verlustrechnung, Bilanzierungsfehler

Phenylketonuria screening and management in southeastern Europe - survey results from 11 countries

Background: We aimed to assess the current state of PKU screening and management in the region of southeastern Europe. Methods: A survey was performed involving all identified professionals responsible for the PKU management in the 11 countries from South-Eastern region of Europe (Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Moldova, Montenegro, Romania, Serbia, Slovenia). The questionnaire was designed to assess the characteristics regarding PKU management in three main areas: nation-wide characteristics, PKU screening, and characteristics of the PKU management in the responding centre. It consisted of 56 questions. The distribution and collection of the questionnaires (via e-mail) was taking place from December 2013 to March 2014. Results: Responses from participants from 11 countries were included; the countries cumulative population is approx. 52.5 mio. PKU screening was not yet introduced in 4 of 11 countries. Reported PKU incidences ranged from 1/7325 to 1/39338 (and were not known for 5 countries). National PKU guidelines existed in 5 of 11 countries and 7 of 11 countries had PKU registry (registries included 40 to 194 patients). The number of PKU centers in each country varied from1 to 6. Routine genetic diagnostics was reported in 4 of 11 countries. Most commonly used laboratory method to assess phenylalanine levels was fluorometric. Tetrahydrobiopterine was used in only 2 of 11 countries. Most frequently, pediatricians were caring for the patients. Dietitian was a member of PKU team in only 4 of 11 countries, while regular psychological assessments were performed in 6 of 11 countries. Patient's PKU society existed in 7 of 11 countries. Conclusions: The region of southeastern Europe was facing certain important challenges of PKU screening and management. Neonatal PKU screening should be introduced throughout the region. Furthermore, PKU management was falling behind internationally established standards-of-care in many aspects

REGIONAL ECONOMIC DEVELOPMENT IN THE 20TH CENTURY - THE CASE OF ROMANIA

The present paper aims at exploring the diversity of success types in development, and in generating and applying policies of regional development by looking at the structural disparities existing among European regions on the one hand —and at the ever growing importance of regions in Europe and in the world on the other hand. These issues are considered from the historical perspective. The research provides an overview of the development of regional studies with an emphasis on the European situation. The authors argue that — with a lack of a widely accepted model and a general theory of regional development — the main issues of the contemporary debates are oriented towards decision-making competences and policy generation at three levels: community, national, and regional. The situation of Romania is presented from the perspective of regional development as a key to European integration

Economic Mentalities – Cause Or Effect For Today’S Values In Romanian Business Higher Education? A Historical Perspective

Mentalities and behaviours are the result of the interactions between persons/groups and the en-vironment. The present paper explores the way mentalities and behaviours have been created by and have themselves determined the economic, social and political processes on the present day Romanian territory at the end of the 19th and the beginning of the 20th centuries. A historical perspective to the study of mentalities shows that the adaptation of a certain mindset, of the mainstream values charac-teristic of an epoch, to the changes in the evolution of the economy and society was also responsible for preparing the changes in the development of the economy. The capitalist spirit, understood as atti-tudes towards money, goods, trade, capital movement, is the main element in inducing and developing the new business oriented behaviour. The economic constraint becomes way as well as means of build-ing up a wage earning attitude and behaviour of workers in the unfolding of economic activities. The present paper explores the differences between economic and business mentalities of people belonging to developed and emerging market economies by considering their historical development. Although on the present Romanian territory the 19th century was characterized by a profound political instabil-ity, reflected in specific life values and attitudes, at the end of the 19th and the beginning of the 20th century, the main institutions which allowed the functioning of the market, the social contract and de-mocracy had been set up and were running. The paper looks at the importance of the presence in the curriculum of business schools of the history of economy and/or of economic thought disciplines in or-der to help Romanian business higher education become a driving force in changing present day mentalities into values that pro-actively help Romanian students to become effective employees on the globalized labour markets.values, mentalities, higher education

MONITORING IN CREDIT INSTITUTIONS – COMPARATIVE APPROACH ON INTERNAL CONTROL SYSTEMS – THE CASE OF ROMANIA VS. INTERNATIONAL MODELS OF CONTROL

Starting from the stipulations of the two well-known internal control system models – COSO and CoCo - the purpose of this paper is to focus on the Romanian framework for credit institutions – trying to to identify on which international model ) is our national one most appropriate to. The research methodology is based on an empirical analysis between Romanian regulation and the models already mentioned. To reach to a conclusion we tried to identify several key issues closely related to information and communication, and to determine the degree of similarities and dissimilarities between the three selected frameworks, by using statistical indicators. The paper has some limitations, too, because it only approaches formal harmonization. So, those issues analyzed through the regulations’ perspectives need to be closely quantified in matters of their actual implementation, which offer us outlooks of future research

Recycling of Nonwoven Waste Resulting from the Manufacturing Process of Hemp Fiber-Reinforced Recycled Polypropylene Composites for Upholstered Furniture Products

Waste recycling is a solution that reduces the environmental impact of waste landfilling or incineration. The aim of this paper is to investigate both the effect of incorporating recycled fibers obtained by defibrating 50/50 hemp/rPP nonwoven waste and the effect of the compatibilizer on the properties of composite materials. Composites incorporating 50% and 100% recycled fibers were treated with 2.5% and 5% maleated polypropylene (MAPP), respectively, and compared to both the untreated composites and the composite obtained by thermoforming from the nonwovens that generated the waste. The incorporation of 50% and 100% recycled fibers into composites decreased the tensile strength by 17.1–22.6%, the elongation at break by 12.4–20.1%, the flexural strength by 6.6–9%, and flexural modulus by 10.3–37%. The addition of 5% MAPP showed the greatest improvements in mechanical properties of composites containing 100% recycled fibers, as follows: 19.2% increase in tensile strength, 3.8% increase in flexural strength, and 14.8% increase in flexural modulus. Thermal analysis established that at temperatures ranging between 20 °C and 120 °C, the composites were thermally stable. SEM analysis revealed good coverage of the reinforcing fibers, and EDX analysis confirmed the presence of the compatibilizing agent in the structure of the composite material