FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY
In order to highlight the relationship between the relevant valuation, the preparation of financial reports that reflect reality and the influence on decisions is based on the main objective pursued by the preparation of financial reports, that reflecting the true picture;the true picture can on...
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| Format: | Article |
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Academica Brâncuşi
2024-12-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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| Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2024-06/26_Putan.pdf |
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| _version_ | 1850101257775087616 |
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| author | PUȚAN ALINA DREGHICIU ANDREEA ELENA |
| author_facet | PUȚAN ALINA DREGHICIU ANDREEA ELENA |
| author_sort | PUȚAN ALINA |
| collection | DOAJ |
| description | In order to highlight the relationship between the relevant valuation, the preparation of financial reports that
reflect reality and the influence on decisions is based on the main objective pursued by the preparation of financial
reports, that reflecting the true picture;the true picture can only be achieved under the conditions in which the elements
of the entity are subjected to a relevant valuation process, respectively revaluation. Based on these reports, different
categories of users make various decisions with impact, both at a microeconomic and macroeconomic level.
The true picture of the financial position and performance achieved with fair value of all patrimonial elements
allows investors to assess risk and decide on investment opportunities, as well as raising capital, the entity's managers
can carry out strategic planning and set realistic and sustainable goals, creditors can determine the entity's ability to
honor its obligations, increases the confidence of employees and business partners. Correct reporting ensures
compliance with financial and tax regulations, preventing penalties or reputational losses. |
| format | Article |
| id | doaj-art-0176a55cc98a4cef9ebb2cc18f5c53d6 |
| institution | DOAJ |
| issn | 1844-7007 2344-3685 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj-art-0176a55cc98a4cef9ebb2cc18f5c53d62025-08-20T02:40:04ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072344-36852024-12-0116226233FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDYPUȚAN ALINA 0DREGHICIU ANDREEA ELENA 1TEACHING ASSISTANT, PHD IN ACCOUNTING, "1 DECEMBRIE 1918" UNIVERSITY OF ALBA IULIA, BUSINESS ADMINISTRATION AND MARKETING DEPARTMENT, FACULTY OF ECONOMICS PHD IN ACCOUNTING, LICEUL TEHNOLOGIC AIUD, ROMÂNIA In order to highlight the relationship between the relevant valuation, the preparation of financial reports that reflect reality and the influence on decisions is based on the main objective pursued by the preparation of financial reports, that reflecting the true picture;the true picture can only be achieved under the conditions in which the elements of the entity are subjected to a relevant valuation process, respectively revaluation. Based on these reports, different categories of users make various decisions with impact, both at a microeconomic and macroeconomic level. The true picture of the financial position and performance achieved with fair value of all patrimonial elements allows investors to assess risk and decide on investment opportunities, as well as raising capital, the entity's managers can carry out strategic planning and set realistic and sustainable goals, creditors can determine the entity's ability to honor its obligations, increases the confidence of employees and business partners. Correct reporting ensures compliance with financial and tax regulations, preventing penalties or reputational losses. https://www.utgjiu.ro/revista/ec/pdf/2024-06/26_Putan.pdfvaluationrevaluationfinancial reportingtrue and fair value |
| spellingShingle | PUȚAN ALINA DREGHICIU ANDREEA ELENA FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie valuation revaluation financial reporting true and fair value |
| title | FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY |
| title_full | FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY |
| title_fullStr | FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY |
| title_full_unstemmed | FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY |
| title_short | FAIR VALUE IN FINANCIAL REPORTS- IMPACT OF VALUATION AND REVALUATION A CASE STUDY |
| title_sort | fair value in financial reports impact of valuation and revaluation a case study |
| topic | valuation revaluation financial reporting true and fair value |
| url | https://www.utgjiu.ro/revista/ec/pdf/2024-06/26_Putan.pdf |
| work_keys_str_mv | AT putanalina fairvalueinfinancialreportsimpactofvaluationandrevaluationacasestudy AT dreghiciuandreeaelena fairvalueinfinancialreportsimpactofvaluationandrevaluationacasestudy |