THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT
Regional development is a concept that aims at stimulating and diversifying economic activities, stimulating private sector investment and it contributes to reducing unemployment and improving living standards. To achieve these goals accounting and tax policies are necessary to allow private operato...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2014-10-01
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| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| Subjects: | |
| Online Access: | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/2/22 |
| _version_ | 1811321075951206400 |
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| author | Oana Bogdan Dorel Mates |
| author_facet | Oana Bogdan Dorel Mates |
| author_sort | Oana Bogdan |
| collection | DOAJ |
| description | Regional development is a concept that aims at stimulating and diversifying economic activities, stimulating private sector investment and it contributes to reducing unemployment and improving living standards. To achieve these goals accounting and tax policies are necessary to allow private operators to realize taxable income, to create jobs for people and to pay taxes and contributions due to the State budget. The State must reinvest a
part of the resources collected to the community in order to improve infrastructure, education and health, thus contributing to regional development.
Changes in tax law and accounting adopted in Romania during 2009-2014 are regarded as tax breaks for companies created to ensure economic growth, dynamic and sustainable through efficient use of regional and local potential. In this paper we analyze the influence of the accounting and fiscal system on the regional development given that these measures do not always achieve their objectives established companies having benefit from the application of various tax measures. The paper will present the main changes of the tax and accounting systems and their impact on the regional development in Romania and the
consequences resulting in implementing these measures. |
| first_indexed | 2024-04-13T13:11:42Z |
| format | Article |
| id | doaj.art-349c622f5cc74d97ade788cb5c9f8df2 |
| institution | Directory Open Access Journal |
| issn | 1584-2339 2285-3065 |
| language | English |
| last_indexed | 2024-04-13T13:11:42Z |
| publishDate | 2014-10-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| spelling | doaj.art-349c622f5cc74d97ade788cb5c9f8df22022-12-22T02:45:36ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652014-10-012424656THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENTOana Bogdan0Dorel Mates1West University of Timisoara, RomaniaWest University of Timisoara, RomaniaRegional development is a concept that aims at stimulating and diversifying economic activities, stimulating private sector investment and it contributes to reducing unemployment and improving living standards. To achieve these goals accounting and tax policies are necessary to allow private operators to realize taxable income, to create jobs for people and to pay taxes and contributions due to the State budget. The State must reinvest a part of the resources collected to the community in order to improve infrastructure, education and health, thus contributing to regional development. Changes in tax law and accounting adopted in Romania during 2009-2014 are regarded as tax breaks for companies created to ensure economic growth, dynamic and sustainable through efficient use of regional and local potential. In this paper we analyze the influence of the accounting and fiscal system on the regional development given that these measures do not always achieve their objectives established companies having benefit from the application of various tax measures. The paper will present the main changes of the tax and accounting systems and their impact on the regional development in Romania and the consequences resulting in implementing these measures.http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/2/22fiscal deficitregional developmentstate budget |
| spellingShingle | Oana Bogdan Dorel Mates THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice fiscal deficit regional development state budget |
| title | THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT |
| title_full | THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT |
| title_fullStr | THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT |
| title_full_unstemmed | THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT |
| title_short | THE INFLUENCE OF ACCOUNTING SYSTEM AND FISCAL POLICY ON REGIONAL DEVELOPMENT |
| title_sort | influence of accounting system and fiscal policy on regional development |
| topic | fiscal deficit regional development state budget |
| url | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/2/22 |
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