Work

Usefulness of Cash-flow Statements for Romanian Small and Medium Enterprises

Year: 2012

Type: article

Abstract: This paper aims to assess the extent to which Romanian SMEs are prepared for the transition to IFRS standards. A quantitative survey addressed to the practitioners and accountants in the small and medium enterprises from the western area of Romania is made in order to establish the degree of perception regarding the importance and usefulness of cash flow statement. The results show that there are differences between the views of staff specialized in financial and accounting departments who have used this instrument and who did not use, emphasizing difficulties encountered and illustrates the usefulness of this tool in the financial information necessary for decision making.

Source: RePEc: Research Papers in Economics

Authors: Horia CRISTEA, Nicoleta FARCANE, Andra POP

Institution: West University of Timişoara

Language: English

Topic: Accounting Theory and Financial Reporting

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2132832918

FWCI:

Cites: 10

Cited by:

Related to: 10