SOME STATISTICAL RESULTS REGARDING THE EVALUATION OF THE QUALITY OF THE MASTER EDUCATION

The article emphasizes aspects regarding the evaluation of the higher educationï¿1/2s quality. In certain countries, the questionnaires regarding quality of the activity of HEIs (Higher Education Institutions) are administrated by specialized institutions led by the Ministry of Education or the university associations. The evaluation principles derive from well-known economic and social theories, evolving even evaluation models (see the SERVQUAL model). As a result of the Bologna Treaty (1999), the European Union has the objective to become an international reference concerning the higher education quality and to be more attractive than in the present for students, professors and researchers from other regions of the world. So as to fulfill these objectives ENQA (European Association for Quality Assurance in Higher Education) recommends HEIs to include in their development plans regarding quality aspects five principles described in the article. The practical study refers to the results of a questionnaire applied to the master business students from a Romanian university. In order to assess the level of satisfaction of students in relation to the master programme they are involved in, a questionnaire was applied on a sample of 200 such persons. The responses were then analyzed using multidimensional data analysis methods. Out of these, the present research is based on multiple response analysis. In the questionnaire, students were asked to return their level of satisfaction for different aspects related to the educational process they are involved in. The questions were constructed as five-level Likert items. In this way was insured a connection between answers given at each of the questions assessing the quality of the programme. Only 0.2% of the answers given relate to aspects about which the students were not satisfied at all. These answers represent 3.2% of the number of respondents. 30% of the students were slightly satisfied, returning 57 choices of this type. As one can see, the volume of each group increases with the level of satisfaction. The processing of the questionnaire was made on recent economic theories concerning the quality assurance in the university environment, which are briefly presented in the beginning of the article.higher education, teaching quality

Aspecte conceptuale si tehnice privind viitoare reglementari contabile pentru IMM-uri in Europa

The economic theories and the accounting regulations deriving from them should be reconsidered for SMEs. At global level, there are accomplishments in this respect – IASB IFRS for SMEs – or intentions – European Commission proposals for certain simplifications of the European directives. However, for these actions to be successful, further investigations concerning the theoretical and technical implications are necessary. In this study, we present our opinion concerning the theoretic influences (reconsideration of the conceptual framework) and the technical influences (change in the disclosure requirements and change in the content of the standards, namely recognition and valuation) implied by a standard for SMEs.SMEs accounting standard, agency theory, shareholder-manager, stakeholders, IFRS for SMEs

QUALITATIVE FACTORS OF MATERIALITY - A REVIEW OF EMPIRICAL RESEARCH

Determination of materiality is a crucial step in an audit mission because it affects theentire audit process. The incorrect application of materiality can have serious negativerepercussions on both the audited entity and the auditor (Enron-Anderson). Researches conductedover time revealed the complexity of this element in an audit mission and the need to emergencesome generally accepted rules and regulations to provide support in defining and substantiating theprofessional judgment applied in this stage of the audit.materiality, quantitative factors, professional judgment, reviews of research.

USING MANAGEMENT CONTROL TO ALIGN ORGANIZATIONAL STARTEGIES AND TO MEASURE PERFORMANCES

Practice shows that, in order to improve internal and external communication, managers need to increase the request of information about their business administration. So, for this, they need a complementary system which assures them this kind of informa

PREFERENCE OF THE LISTED ENTITIES REGARDING THE SELECTION OF THE EXTERNAL AUDITOR

The present research aims to highlight the importance of the external auditing in supporting corporate governance and the preference of the listed entities to be audited by the big audit companies. Given the proposed objectives of the research, our scientific method is based on a deductive approach from general to particular that combines quantitative and qualitative studies. The role of the external audit was analyzed by conducting a study of literature on two levels: a theoretical-conceptual level in terms of economic theories and an empirical-practical level based on literature from which we extracted through a content analysis the defining elements of the audit work quality. Falling within the scope of the study, we evaluated the preference of the listed entities to be audited by the Big Four. To this end we used the content analysis of the publicly posted audit reports for the period 2005-2009. Our research results show that although we are a country with an emerging capital market development, the entities in the I-st category on the Bucharest Stock Exchange tend to an audit conducted by one of the big audit companies. Another result arising from our study is that the entities of the I-st category on the Bucharest Stock Exchange become more transparent from a year to another. Whether for the year 2005 we find only 12 audit reports publicly posted, in 2007 we can find 21 audit reports publicly posted. The trend of the large entities audited shows that the preference of the entities to be audited by one of the Big Four is higher from a year to another. The preparation of the financial statements and their audit must be done according to regulations for the currently period. The presumption found in the literature according to which the large entities are audited by the big audit companies which provide higher audit quality is confirmed in the case of our national country as well.external audit, audit report, opinion, listed companies, Big Four

EMPIRIJSKA STUDIJA IMPLIKACIJA KVALITATIVNIH FAKTORA U DONOŠENJU ODLUKA VEZANIH ZA RAZINU MATERIJALNOSTI. SLUČAJ RUMUNJSKE

The paper aims to present the importance of qualitative factors in determining the materiality level in an audit mission. According to the literature a quantitative approach of materiality is insufficient for appropriate decisions, therefore it is required a more serious treatment of this issue. Data collected in the research were processed using the Ordered Logit Model, and the results showed that there is a significant correlation between the materiality level and the sectors in which the audited companies operate, the auditor’s experience in the field and the longevity of the relationship with the client. There is no any correlation between the materiality level and the needs of the users of financial statements or the management objectives.Rad želi predstaviti važnost kvalitativnih faktora u određivanju razine materijalnosti u postupku revizije. Literatura nam govori da kvantitativni pristup materijalnosti nije dovoljan za prikladne odluke, te je stoga potreban ozbiljniji pristup ovoj temi. Podaci sakupljeni u istraživanju obrađeni su pomoću Order Logit Modela a rezultati su pokazali da postoji značajna korelacija između razine materijalnosti i sektora u kojima djeluju revidirane tvrtke, revizorovo iskustvo na polju dugovječnosti odnosa s klijentom. Ne postoji nikakva korelacija između razine materijalnosti i potreba korisnika financijskih izvještaja ili ciljeva menadžmenta

Aspecte conceptuale si tehnice privind viitoare reglementari contabile pentru IMM-uri in Europa

The economic theories and the accounting regulations deriving from them should be reconsidered for SMEs. At global level, there are accomplishments in this respect – IASB IFRS for SMEs – or intentions – European Commission proposals for certain simplifications of the European directives. However, for these actions to be successful, further investigations concerning the theoretical and technical implications are necessary. In this study, we present our opinion concerning the theoretic influences (reconsideration of the conceptual framework) and the technical influences (change in the disclosure requirements and change in the content of the standards, namely recognition and valuation) implied by a standard for SMEs

Aspecte conceptuale si tehnice privind viitoare reglementari contabile pentru IMM-uri in Europa

The economic theories and the accounting regulations deriving from them should be reconsidered for SMEs. At global level, there are accomplishments in this respect – IASB IFRS for SMEs – or intentions – European Commission proposals for certain simplifications of the European directives. However, for these actions to be successful, further investigations concerning the theoretical and technical implications are necessary. In this study, we present our opinion concerning the theoretic influences (reconsideration of the conceptual framework) and the technical influences (change in the disclosure requirements and change in the content of the standards, namely recognition and valuation) implied by a standard for SMEs

The Role of Bioenergy in Transition to a Sustainable Bioeconomy – Study on EU Countries

Starting with the significant differences between the European Union member states regarding the implementation of the sustainable development goals stipulated by the United Nations and the transition from the fossil fuel economy to the one based on the principles of bio-economics, the article aims highlighting the correlation between the bioenergy production and a range of economic, environmental or innovation indicators for each Member State. The designed model uses data for 25 EU Member States collected for the period 2007-2013. The novelty of this study derives from the use of linear regression to estimate the impact of bioenergy evolution on the country's energy dependence and Panel Least Squares to identify the correlations between bioenergy and fossil fuel production, PIB per unit of energy use, the degree of innovation in the field and renewable energy generation. The obtained results show that the bioenergy-renewable-energy-dependency relationship is not significantly influenced by the economic crisis, even if the proposed model is weaker. At the same time, bioenergy positively correlates with the degree of innovation in the field or with the energy from natural gas and negatively with the economic efficiency of a state. The article presents the gap between countries regarding bioenergy, as well as their evolution during the analyzed period. All these values support the positive effects that bioenergy will have on the sustainable development of the bioeconomy. Bioenergy production can make a significant contribution to mitigating climate change while ensuring the diversification of energy resources in the long run

SOME STATISTICAL RESULTS REGARDING THE EVALUATION OF THE QUALITY OF THE MASTER EDUCATION

The article emphasizes aspects regarding the evaluation of the higher education's quality. In certain countries, the questionnaires regarding quality of the activity of HEIs (Higher Education Institutions) are administrated by specialized institutions led by the Ministry of Education or the university associations. The evaluation principles derive from well-known economic and social theories, evolving even evaluation models (see the SERVQUAL model). As a result of the Bologna Treaty (1999), the European Union has the objective to become an international reference concerning the higher education quality and to be more attractive than in the present for students, professors and researchers from other regions of the world. So as to fulfill these objectives ENQA (European Association for Quality Assurance in Higher Education) recommends HEIs to include in their development plans regarding quality aspects five principles described in the article. The practical study refers to the results of a questionnaire applied to the master business students from a Romanian university. In order to assess the level of satisfaction of students in relation to the master programme they are involved in, a questionnaire was applied on a sample of 200 such persons. The responses were then analyzed using multidimensional data analysis methods. Out of these, the present research is based on multiple response analysis. In the questionnaire, students were asked to return their level of satisfaction for different aspects related to the educational process they are involved in. The questions were constructed as five-level Likert items. In this way was insured a connection between answers given at each of the questions assessing the quality of the programme. Only 0.2% of the answers given relate to aspects about which the students were not satisfied at all. These answers represent 3.2% of the number of respondents. 30% of the students were slightly satisfied, returning 57 choices of this type. As one can see, the volume of each group increases with the level of satisfaction. The processing of the questionnaire was made on recent economic theories concerning the quality assurance in the university environment, which are briefly presented in the beginning of the article