FISCAL AND ACCOUNTING IMPLICATIONS OF INCOME TAX IN ROMANIA

This paper presents some fiscal and accounting aspects of income tax like payers, applicability. It describe fiscal and accounting treatments of income tax and also IAS 12 treatment of tax income. Income taxes are an expense incurred in operating most businesses, and as such are to be reflected in the entity’s operating results. However, accounting for income taxes is complicated by the fact that, in most jurisdictions, the amounts of revenues and expenses recognized in a given period for taxation purposes will not fully correspond to what is reported in the financial statements

SOME ASPECTS REGARDING BALANCE SHEET ANALYSIS

This paper presents some aspects of the analysis based on the balance sheet at an economic entity. Attempting to use economic analysis as a support tool in the decision. The case study is performed on the financial accounts of a company, analyzing the structure of the assets using the following rates: the rate of intangible assets; rate of tangible assets; rate financial assets; rate stocks; rate receivables and cash and cash equivalents rate. Liability structure is analyzed using the following rates: the rate of financial stability; global financial autonomy rate; overall borrowing rate; term borrowing rate

SOME ASPECTS REGARDING MEANING OF INTERMEDIATE MANAGEMENT BALANCES

This paper presents some aspects regarding intermediate management balances as a pay instrument of production factors and financing future activities. Paper debate intermediate management balances determination and interpretation