Bankruptcy Risk in IFRS Era. Case Study on BSE Companies
The path of international accounting convergence is, unanimously accepted by all decision makers of the international financial reporting environment, as being the best solution towards reducing differences in international accounting. The idea of core standards is embraced by our country, too, the...
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2013-12-01
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| Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
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| Online Access: | http://www.eia.feaa.ugal.ro/images/eia/2013_3/Burca.pdf |
| _version_ | 1818875317847064576 |
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| author | Valentin BURCA |
| author_facet | Valentin BURCA |
| author_sort | Valentin BURCA |
| collection | DOAJ |
| description | The path of international accounting convergence is, unanimously accepted by all decision makers of the international financial reporting environment, as being the best solution towards reducing differences in international accounting. The idea of core standards is embraced by our country, too, the proof being the last legislative changes in Romanian accounting framework. This study aims to highlight a small part of the economic consequences of the decision to extend the mandatory use of IFRS standards to the statutory financial statements, also. More exactly we will underline the changes registered at the level of bankruptcy risk measureson a samples of companies listed on BSE. |
| first_indexed | 2024-12-19T13:24:35Z |
| format | Article |
| id | doaj.art-2f67330d634949a5b16410ffbaff671e |
| institution | Directory Open Access Journal |
| issn | 1584-0409 1584-0409 |
| language | English |
| last_indexed | 2024-12-19T13:24:35Z |
| publishDate | 2013-12-01 |
| 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-2f67330d634949a5b16410ffbaff671e2022-12-21T20:19:36ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092013-12-0136170Bankruptcy Risk in IFRS Era. Case Study on BSE CompaniesValentin BURCA0West University of Timisoara, RomaniaThe path of international accounting convergence is, unanimously accepted by all decision makers of the international financial reporting environment, as being the best solution towards reducing differences in international accounting. The idea of core standards is embraced by our country, too, the proof being the last legislative changes in Romanian accounting framework. This study aims to highlight a small part of the economic consequences of the decision to extend the mandatory use of IFRS standards to the statutory financial statements, also. More exactly we will underline the changes registered at the level of bankruptcy risk measureson a samples of companies listed on BSE.http://www.eia.feaa.ugal.ro/images/eia/2013_3/Burca.pdfInternational accounting convergenceIFRSBankruptcyDomestic accounting standardsScor modelPrincipal components |
| spellingShingle | Valentin BURCA Bankruptcy Risk in IFRS Era. Case Study on BSE Companies Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics International accounting convergence IFRS Bankruptcy Domestic accounting standards Scor model Principal components |
| title | Bankruptcy Risk in IFRS Era. Case Study on BSE Companies |
| title_full | Bankruptcy Risk in IFRS Era. Case Study on BSE Companies |
| title_fullStr | Bankruptcy Risk in IFRS Era. Case Study on BSE Companies |
| title_full_unstemmed | Bankruptcy Risk in IFRS Era. Case Study on BSE Companies |
| title_short | Bankruptcy Risk in IFRS Era. Case Study on BSE Companies |
| title_sort | bankruptcy risk in ifrs era case study on bse companies |
| topic | International accounting convergence IFRS Bankruptcy Domestic accounting standards Scor model Principal components |
| url | http://www.eia.feaa.ugal.ro/images/eia/2013_3/Burca.pdf |
| work_keys_str_mv | AT valentinburca bankruptcyriskinifrseracasestudyonbsecompanies |