6533b7d5fe1ef96bd12648e0
RESEARCH PRODUCT
Banking Accounting between Prudence and Flexibility
Elena Dobresubject
Mark-to-market accountingbusiness.industryAccounting managementFinancial marketGeneral EngineeringEnergy Engineering and Power TechnologyAccountingInternational Financial Reporting StandardsFinancial reportingValuationBanking accountingAccounting information systemEconomicsRetail bankingRisk provisionsFinancial accountingbusinessValuation (finance)description
Abstract This paper is about the first year applying the International Financial Reporting Standards in Romanian banking accounting system. The research goal is revealing the effects on valuation of assets, liabilities or risks provisions. Expected results are linked to changing of performance indicators. Besides the need of specific resolution measures, the crises revealed the necessity to adopt prudential regulations for increasing banking accountability. Similar to the other segments of the financial market, the facts have shown that the control over the obeisance of these regulations should be entrusted to a supervising authority.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2013-01-01 | Procedia Economics and Finance |