THE PERCEPTION OF THE ROMANIAN ECONOMIC ENVIRONMENT REGARDING THE ADOPTION OF THE INTERNATIONAL FINANCIAL REPORTING STANDARDS

The adoption of the International Financial Reporting standards by the accounting professionals who activate in the Romanian business environment has met with difficulties due to the lack of similarities identified between the Romanian accounting system and the international system of reference. This fact was often presented in topic papers and conferences by representatives of the academic environment as well as by specialists in the area. In this context, we drafted this paper through which we outline an overview of the adopting of International Financial Reporting Standards in Romania, referring to questions raised by legislators and specialists in the field within the specific literature.