Role of the Romanian Accounting Group in implementing and watching the application the International Financial Reporting Standards

Author:Albert HRABAK

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Keywords:responsibilities, transparency, opinion, independence, European level, legal status

Abstract:
In the context of the new European Eighth Directive the consultant showed the World Bank interest for ensuring the consultancy services needed for establishing a Romanian Accounting Group in Romania, presenting its importance and its field of activity. \r\n\r\nThe speaker insisted, in his speech, on the exigencies resulting from the above-mentioned legislation, especially for the implementation of the International Financial Reporting Standards. He also pointed out the requirements related to the oversight.\r\n

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