Journal of Accounting and Management Information Systems (JAMIS)

Accounting policies between concordance and convergence

11-12/2005 ,   p117..124

Florentin CALOIAN
Adriana Florina POPESCU

Keywords:   economic decisions, accounting information, investors

The information provided to a wide range of users for taking economic decisions underlines the importance given to them by accounting. To organize and to rule the financial accounting of the enterprise means to follow some policies and techniques of recognition, evaluation, prudence, comparability in time and space of the elements of the financial statements. The possibility of choice between different options has an objective of creating a positive image for investors and sometimes an unreal result. Therefore the fiscality surveys closely the economic activities for protecting its own interest and it can sometimes lead to a changed meaning of the accounting information.