New Approaches in Accountancy of the Romanian Equine Growth Sector
The activity of equine growth puts many problems regarding the way of recognition, registration and valuation of equines as biological assets, but also regarding the way of calculation for the auction prices. Taking into consideration the ascendant trend of this sector, and also the diversification...
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2015-09-01
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| Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| Online Access: | http://www.eia.feaa.ugal.ro/images/eia/2015_2/IsaiV.pdf |
| _version_ | 1818353137018208256 |
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| author | Violeta Isai |
| author_facet | Violeta Isai |
| author_sort | Violeta Isai |
| collection | DOAJ |
| description | The activity of equine growth puts many problems regarding the way of recognition, registration and valuation of equines as biological assets, but also regarding the way of calculation for the auction prices. Taking into consideration the ascendant trend of this sector, and also the diversification of its activities, accountancy faces new situations, which require to be solved in the conditions of the existent International Accounting Standards. In this respect, Romania came with certain improvements, which allow the separate registration of biological assets, their valuation at the fair value and the separate registration of the economic benefits brought by the biological assets to the entity. This paper presents a part of these aspects, in the context of the new settlements adopted in accounting by the Romanian legislation. |
| first_indexed | 2024-12-13T19:04:44Z |
| format | Article |
| id | doaj.art-2140942f8db640848969c9b56208674d |
| institution | Directory Open Access Journal |
| issn | 1584-0409 1584-0409 |
| language | English |
| last_indexed | 2024-12-13T19:04:44Z |
| publishDate | 2015-09-01 |
| publisher | Dunarea de Jos University of Galati |
| record_format | Article |
| series | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| spelling | doaj.art-2140942f8db640848969c9b56208674d2022-12-21T23:34:35ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092015-09-01212102107New Approaches in Accountancy of the Romanian Equine Growth SectorVioleta IsaiThe activity of equine growth puts many problems regarding the way of recognition, registration and valuation of equines as biological assets, but also regarding the way of calculation for the auction prices. Taking into consideration the ascendant trend of this sector, and also the diversification of its activities, accountancy faces new situations, which require to be solved in the conditions of the existent International Accounting Standards. In this respect, Romania came with certain improvements, which allow the separate registration of biological assets, their valuation at the fair value and the separate registration of the economic benefits brought by the biological assets to the entity. This paper presents a part of these aspects, in the context of the new settlements adopted in accounting by the Romanian legislation.http://www.eia.feaa.ugal.ro/images/eia/2015_2/IsaiV.pdf |
| spellingShingle | Violeta Isai New Approaches in Accountancy of the Romanian Equine Growth Sector Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| title | New Approaches in Accountancy of the Romanian Equine Growth Sector |
| title_full | New Approaches in Accountancy of the Romanian Equine Growth Sector |
| title_fullStr | New Approaches in Accountancy of the Romanian Equine Growth Sector |
| title_full_unstemmed | New Approaches in Accountancy of the Romanian Equine Growth Sector |
| title_short | New Approaches in Accountancy of the Romanian Equine Growth Sector |
| title_sort | new approaches in accountancy of the romanian equine growth sector |
| url | http://www.eia.feaa.ugal.ro/images/eia/2015_2/IsaiV.pdf |
| work_keys_str_mv | AT violetaisai newapproachesinaccountancyoftheromanianequinegrowthsector |