Preparation of Financial Statements for Sme’s in Romania. Interest for Cash-Flow Statement
The purpose of this article is to obtain feedback about the transition to IFRS standards and their implementation in the context of small and medium-sized enterprises in Romania in terms of the cashflow situation. Research methodology is based on a quantitative survey carried out in order to verify...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2012-05-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/722.pdf
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| Summary: | The purpose of this article is to obtain feedback about
the transition to IFRS standards and their implementation in the context
of small and medium-sized enterprises in Romania in terms of the cashflow
situation. Research methodology is based on a quantitative survey
carried out in order to verify the importance and usefulness of perception
on the cash-flow statement. The investigation based on testing four
hypotheses has been carried out within the framework of small and
medium-sized enterprises in Western Romania and the categories of
respondents to the study were: upper management and accounting
specialists. The results highlight the fact that there are differences
between the categories of users of the cash-flow statements, fact
highlighted and illustrated by our findings. The article ends with the
conclusions of the authors regarding the importance and usefulness of
the use and implementation of the cash-flow statement of the small and
medium enterprises in Western Romania. |
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| ISSN: | 1841-8678 1844-0029 |