RESTATEMENTS AND ADJUSTEMNTS IN ELABORATION OF CONSOLIDATED FINANCIAL STATEMENTS

This paper deals interdisciplinary with issues related to accounting‘s groups ofcompanies, offering solutions or answers to immediate problems of accounting practice, andpropose viable theoretical generalizations at least concerning the ongoing development of theparticipating entities on consolidation. Thus, the accountant will be able to verify the correctelaboration of the consolidated financial statements taking into account the profit accrued tothird party.consolidated financial statements, accounting, accounting restatements, minor interests

“THE NET MONETARY STATEMENT” AND “THE NET NON-MONETARY STATEMENT” – ASSESSMENT INDICATORS FOR THE FINANCIAL POSITION OF THE ENTITY

This paper examines two indicators, namely the net monetary statement and the net non-monetary statement. To determine and analyze them, we started with the classification of assets (monetary and non-monetary) and liabilities (monetary and nonmonetary). The actual values of these elements were established on the basis of information supplied by the balance sheet, followed by the calculus of the net monetary statement and of the net non-monetary statement. These indicators provide relevant and reliable information to the users of financial statements and, in the future, they should be taken into account because they bring additional information about the financial position of the entity

MAPPING THE RESEARCH TRENDS OF TELEWORKING

Teleworking is a form of organising and performing work, by which the employee works in another place than the work place organised by the employer and uses information and communication technology. The purpose of this paper is mapping the research trends of teleworking. For this, we conducted a bibliometric analysis on teleworking literature. Through this research we aimed to answer the following questions: How many scientific papers on teleworking have been published in journals? How has the COVID-19 pandemic influenced the interest of researchers on teleworking? What are the most productive journals, countries and authors on the subject of teleworking? What are the most cited papers on teleworking? What are the most frequent keywords in published documents on teleworking? The data used for this study were extracted from the Web of Science database, and the results were produced by the bibliometrix R package

ACCOUNTING AND FISCAL REPORTS IN THE CASE OF THE ANNULMENT OF THE VAT CODE

t The private business environment contains economic relations between the entities that are subject to VAT and entities that are not subject to VAT. In this economic carousel, a specific case is that of the legal entities which are subject to VAT but have an annulled VAT code. From a fiscal point of view, the Romanian legal regulations are clear. Still, from an accounting point of view, there are no specific regulations. Our intention is to build a series of reasoning related to the accounting registration of such cases. Our recommendations focus on the legal entities intending to access European funds and have no experience in the business environment. Thus, we propose a careful verification of the documents of the suppliers. We also consider as an imperative necessity the interrogation to the fiscal authorities in order to find out the fiscal code for a potential business partne

CASES OF SINGLE RETURN FOR SELF-EMPLOYED PERSONS

The self-employed person has features uncommon to a company or a legal entity. From a legal point of view, the self-employed person does not have a legal personality, and from an accounting point of view, its patrimony is confused with the patrimony of the holder. The self-employed person can obtain income from various sources besides salary, with a margin of income from dividends, income from the transfer of the use of goods, earnings from cryptocurrencies, etc. In these cases, the self-employed person will submit a single return on the personal numerical code, even if income is obtained from various sources and in various forms. Therefore, the globalization of income achieved by a self-employed person is achieved. Each income category has a peculiarity on how to declare and how to impose. We approach various cases to prepare the single return by a self-employed person imposed in a real or parttime income system

ACCOUNTING FACTS IN THE FIELD OF ROMANIAN FORESTRY

Within the article we tackle aspects concerning the forestry activity undertaken bycertain entities in Romania. We present some practical applications concerning the sale offirewood, standing timber and logs, because every sale category has certain accountingcharacteristics.accounting, forestry, incomes, firewood, standing timber, log

THE USELESS OF THE TRANSFER PRICING FILE

In the context of the globalization and of the strengthening of the relations between the UE economical agents, it appears more and more the idea of groups of entities for the justification of the reciprocal deliveries, buying and loans. The transferring price is a concept that requires maximum attention from the affiliated parts, meaning the entities with reciprocal operations and common managers or associates. The theme of our study is the verification of the hypothesis when the transferring price documentary file is not useful. The research methodology of our study include: dedicated literature, study cases, etc. the conclusion is that all affiliated entities (according to the national legislation) are legally imposed to establish such a documentary file and the tax authorities may require explanations and information related to the content of this file. Still, the file does not bring extra information for the tax authorities, because its establishing is partial from the start, because no tax payer will accuse himself in front of the tax authorities. We propose the elimination of this documentary file and its replacement with an electronic format of information to an international level, so the tax authority can perform an analysis of the intra-group operation without going to the premises of the economical operator

ARTIFICIAL CONDITIONS AND THE ABSORPTION OF EUROPEAN FUNDS IN THE FIELD OF AGRICULTURE IN ROMANIA

We must acknowledge that the accession of the European funds represents a problem in Romania. The present article intends to present the main causes of a mediocre absorption of the European funds, the effects of this problem. We also present a series of practical solutions for the benefit both of the contributors and of the authorities. We often hear the questions: Why Poland is able and Romania isn’t? There are multiple causes and we intend to present them in order to be avoided and eliminated. The effects are visible because there is no improvement in the rural areas and it is very difficult to find entities that are profitable in the field of agriculture. We will focus on the approach of the artificial conditions invoked by the control teams when deciding the eligibility of a project in 2007-2013. Thus, we created a questionnaire we sent to 100 entities in Alba County. The results show several cause for the mediocre absorption of funds in Romania in 2007-2013. Some of the artificial conditions (real cause) the control teams invoke are: the same administrator for two entities, activities on the same relevant market etc

ELABORATION OF A JUDICIAL ACCOUNTING EXPERTISE REPORT. AN EXAMPLE

The accounting expert profession should be a noble one. It should be respected by third parties as well as the accounting professional in question. The work of a professional accountant involves, among other responsibilities, the elaboration of judicial accounting expertise reports. Unfortunately, the content of certain reports filed in court is not entirely professionally written and eloquent for the judge. The elaboration of a report has to be done according to the rules stipulated in professional standard no. 35 Accounting expertise. One sensitive point in the elaboration of expertise reports is the submission of the lists from the local offices to the courts of law. Most of the times these lists only include some of the experts whose reports are incondite. This article presents an expertise reports with two objectives formulated by the cour

CHALLENGES FOR MICRO-ENTERPRISE AND INCOME TAXPAYERS IN 2023

Entities are registered in Romania in the fiscal vector in 2023 as income taxpayers or profit taxpayers. Due to the legislative changes, the execution of the financial year 2023 radically changes the status of the entities, and each economic agent must be separately analyzed to be included in the correct fiscal vector. The classification is made according to several criteria. One of the criteria is that of an employee or its equivalent. The quality of employees implies the conclusion of an administration contract, which is highlighted in REVISAL. The management contract only requires an act that refers to the entity's management. However, a minimum wage per economy is required, which in Romania at present is 3,000 lei