Studiu privind posibilitatea implementarii balance scorecard-ului in universitati

Balanced Scorecard is a new control tool in public entities, especially in universities. The aim of this paper is to analyze the possibility of implementation in Romanian universities. At an international level, this concept was used at the beginning by the private sector, followed by its usage by the public sector as well. In universities of the Anglo – Saxon states, there have been debates on the subject for a long period of time in relation to the opportunity of introducing this concept; these debates have been supported by pro and against arguments. At a national level, this concept is virtually unknown in the higher education state institution system. Through the present paper, we would like to test the opportunity of introducing the concept starting from the identification at a global level of the conditions and regulations specific to the Balanced Scorecard (BSC) concept. Our results will present the first overview of this new subject, which is not yet developed in Romania.Balanced Scorecard Concept, Public University, Managerial Accounting

Sustainability of Public Resources - International Debate

Given that public resources are becoming increasingly limited, to discuss the international change of their approach is more and more necessary. Long-term fiscal sustainability is the government's ability to meet financial targets and commitments both now and in the future. Through an empirical approach ED "Reporting on the long term sustainability of public finances," affected by the IPSASB and responses made ​​by respondents, this approach measurable impact on international public accounting system with direct implications on the public Romanian system. The results demonstrate the need to review elements of financial statements of public institutions, concluding that the current form does not provide the necessary information tailored to the principles of efficient, effective and rational use of public resources

Studiu privind posibilitatea implementarii balance scorecard-ului in universitati

Balanced Scorecard is a new control tool in public entities, especially in universities. The aim of this paper is to analyze the possibility of implementation in Romanian universities. At an international level, this concept was used at the beginning by the private sector, followed by its usage by the public sector as well. In universities of the Anglo – Saxon states, there have been debates on the subject for a long period of time in relation to the opportunity of introducing this concept; these debates have been supported by pro and against arguments. At a national level, this concept is virtually unknown in the higher education state institution system. Through the present paper, we would like to test the opportunity of introducing the concept starting from the identification at a global level of the conditions and regulations specific to the Balanced Scorecard (BSC) concept. Our results will present the first overview of this new subject, which is not yet developed in Romania

Studiu privind posibilitatea implementarii balance scorecard-ului in universitati

Balanced Scorecard is a new control tool in public entities, especially in universities. The aim of this paper is to analyze the possibility of implementation in Romanian universities. At an international level, this concept was used at the beginning by the private sector, followed by its usage by the public sector as well. In universities of the Anglo – Saxon states, there have been debates on the subject for a long period of time in relation to the opportunity of introducing this concept; these debates have been supported by pro and against arguments. At a national level, this concept is virtually unknown in the higher education state institution system. Through the present paper, we would like to test the opportunity of introducing the concept starting from the identification at a global level of the conditions and regulations specific to the Balanced Scorecard (BSC) concept. Our results will present the first overview of this new subject, which is not yet developed in Romania

Public accounting history in post-communist Romania

Having a longitudinal approach of the Romanian public accounting system’s evolution, this historical study proposes the development of a framework in order to assess in a descriptive manner the change of public accounting and its implications for Romania, a European emerging country. The evolution from cash accounting to accrual accounting took place during three time periods within the timeframe 1991–2015. For each of these time periods we investigated influential factors such as period, place, people, practices, propagation, products, and profession. The study shows that under the influence of the international managerial public reform and the internal factors analysed, the public accounting system shifts from the old values of the post-communist period to new reference bases such as International Public Sector Accounting Standards (IPSAS). The results of the study place Romania, an East European country, on the map of international public sector accounting systems as a relatively new arrival but with serious intentions of integration

Legitimacy to develop fair value measurement standards: The Case of the IVSC Discussion Paper – Determination of fair value of intangible assets for IFRS reporting purposes

This research studies, through a content analysis of the comment letters to the IVSC project on fair value determination of intangible assets, the legitimacy of this professional body, or of the accounting associations, to develop measurement standards specific to this accounting concept. At present, with the exception of FAS 157, no professional standard offers clear technical solutions for fair value determination for financial reporting purposes. We have come to the conclusion that, among respondents, accountants are more reserved than valuators in what regards the IVSC regulating of the fair value measurement. The Anglo-Saxon respondents are more open to accept the IVSC DP as compared to respondents from other countries, hence the IVSC legitimacy to develop fair value measurement standards. Generally, we consider that accounting bodies, rather than valuation bodies, should have legitimacy to develop fair value measurement standards

IPSAS IMPLEMENTATION AND PERSPECTIVES FOR EPSAS IMPLEMENTATION AT THE EUROPEAN UNION LOCAL GOVERNMENT LEVELS

Nowadays, the implementation of the IPSAS (International Public Sector Accounting Standards) and the perspectives for EPSAS (European Public Sector Accounting Standards) implementation at the European Union level is a severe problem. The implementation of IPSAS could be the earliest step in the EPSAS implementation that is considered beneficial to the particular needs of the European Union. Within the present paper, in order to assess the level of harmonization at the local level, the Herfindahl index was used. For our study, we considered the European Union cities with a population larger than 300,000 inhabitants, using the financial reports published by these municipalities on their websites. The results of the study indicate a high degree of dispersion regarding the items disclosed by the local governments in their financial statements, taking IPSAS 1 and IPSAS 2 as a benchmark. On the other hand, the results reveal the fact that the English municipalities disclose to the greatest extent the items requested by IPSAS 1 and IPSAS 2

Sustainability of Public Resources - International Debate

Given that public resources are becoming increasingly limited, to discuss the international change of their approach is more and more necessary. Long-term fiscal sustainability is the government's ability to meet financial targets and commitments both now and in the future. Through an empirical approach ED "Reporting on the long term sustainability of public finances," affected by the IPSASB and responses made ​​by respondents, this approach measurable impact on international public accounting system with direct implications on the public Romanian system. The results demonstrate the need to review elements of financial statements of public institutions, concluding that the current form does not provide the necessary information tailored to the principles of efficient, effective and rational use of public resources

POSLJEDICE GOSPODARSKE GLOBALIZACIJE NA RAČUNOVODSTVO STUDIJA SLUČAJA: RUMUNJSKA

The implications of world economies globalization are multiple. In this study we intend to make an assessment of how Romania is involved in this process from the point of view of accounting system. There are two areas of interest: positioning, on the one hand, of the Romanian public accounting system towards the International Public Sector Accounting Standards (IPSAS) and on the other hand, of the accounting profession towards the International Education Standards (IES). Through a positivist research, based on the combination of quantitative and qualitative approach, we analyse two vital elements in the field of accounting internationalization, namely the created legal framework, and the quality of personnel involved. The usefulness of the study can be appreciated at international level. It is important to know how the emerging countries (including Romania) succeed in acquiring international regulations through direct or indirect taking over, under the circumstances in which the process of harmonization and convergence is of major present interest.Posljedice globalizacije svjetskih gospodarstava su višestruke. U ovom radu nastojimo procijeniti koji je položaj Rumunjske u tom procesu s aspekta računovodstvenog sustava. Dva su područja interesa: s jedne strane, pozicioniranje rumunjskog javnog računoodstvenog sustava u odnosu na Međunarodne računovodstvene standarde u javnom sektoru (IPSAS), a s druge pozicioniranje računovodstvene struke u odnosu na Međunarodne obrazovne standarde (IES). Kroz pozitivistički pristup, koji se temelji na kvantitativnom i kvalitativnom pristupu, analiziramo dva ključna elementa u području internacionalizacije računovodstva: pravni okvir i kvalitetu osoblja. Ova je studija korisna i na međunarodnoj razini. Važno je znati kako rastuća gospodarstva (uključujući i Rumunjsku) uspijevaju usvojiti međunarodne propise izravnim ili neizravnim preuzimanjem u uvjetima u kojima je proces usklađivanja iznimno važan