EIRP Proceedings, Vol 1 (2006)

Abstract

The purpose of accounting is the production of financial statements whose objective consists in supplying information that should offer a true and fair view of the financial position, of the performance, of the financial position changes, of the changes in equity, useful to a large sphere of users in taking economic decisions. The balance sheet reflects the financial position represented by the capacity of the company of adapting itself to environment changes with the help of the controlled economic resources, of the financing structure as well as with the help of some liquidity and exigibility economic financial indicators.