4 research outputs found
CHALLENGES OF ENVIRONMENTAL ACCOUNTING AND TAXATION IN ROMANIA
Environmental problems that have arisen all over the world are concerning many controversial aspects that were created due to the advance of industrialization in tandem with scientific and technological development. For solving these problems, in the past 40 years many international and national organizations have adopted a substantial and diverse range of environmental measures aimed to improving the quality of the environment. Our research aims to highlight how Romanian authorities face the problems regarding environment. To accomplish our objective we trace two main directions of the study, firstly we conduct an analytical investigation of green accounting regulations and secondly we describe the environmental fiscal policy at national level and their impact on Romanian companies
Empirical study of instagible assets in romanian municipalities
While economies are becoming more and more knowledge based, investment in intangibles assets
becomes important tools for management if they are properly measured and recognized. While the
literature states that the economic success is based on the effective utilization of intangible assets,
in the public sector there is low level of interest in their identification, measurement and disclosure.
In the light of the theoretical evidences, the purpose of our research is to verify the developed stage
of intangible assets process in Romanian municipalities as regards the awareness, measurement
and disclosure in 2012 annual reports. Also, the paper presents the most influential factors of
intangible assets information disclosure. In order to do this, a disclosure index has been created,
based on the requirements related to the intangible assets, taking into account the referential of
Romanian regulations (OMFP 1917 updated) and International Public Sector Accounting
Standards The research is based on content analysis and in-depth interviews methods for
collecting data from the 104 Romanian municipalities. The analysis led to the conclusion that the
disclosure index of intangible assets is 0.28, where the municipality population and assets are the
variables that are considered explanatory of the variation of the disclosure index in the regression
analysis performed. There were identified no supplementary measurement ways of intangible
assets voluntary disclosed, although the Romanian municipalities present some characteristics
related to intangible assets. While management control is more and more important in local public
administration, aiming to improve internal performance, the measurement and disclosure of
intangible assets becomes a goal