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The role of assets valuation for dynamising the business in Romania


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Title Statement The role of assets valuation for dynamising the business in Romania
Added Entry - Uncontrolled Name Dumitru NICA; <p class="normal"><em>Spiru Haret </em><em>University</em><em>, Faculty of Economic Sciences,</em><em> </em></p><p class="normal"><em>223 Traian, Câmpulung, 115100, Romania</em></p><p class="normal"><em> </em></p><p><em>Tel:  +40248512284, Fax: +402485106
Laurentia Georgeta AVRAM; Spiru Haret University, Faculty of Economic Sciences
Uncontrolled Index Term valuation, market value, fair value, authorized valuer, asset valuation, business valuation, international valuation standards
H70, M41, M49, L26
Summary, etc. The role of patrimonial valuation is very important in dynamising the business that are carried out by Romanian companies. More and more Romanian companies with state, private or mixed capital use the support of the authorized expert evaluators ANEVAR for certain specific needs for patrimonial valuation of assets or businesses for various purposes. We consider that a first necessity established by the Romanian legislation for companies to evaluate the buildings that own them for tax purposes, which must be carried out with a certain rhythm. Secondly, we refer to the necessity and usefulness of valuations or revaluations of fixed assets (intangible, tangible and financial) or current assets (stocks, receivables, etc.) for the purpose of reflecting them at fair value or market value in the annual financial statements, for the accurate presentation of these assets in these reference accounting documents that can be searched and used by various external users interested in the course of such business. Third, but not necessarily lastly, we will focus on the necessity and utility of patrimonial valuations for various ongoing business activities, which are required for various situations such as: entry or exit of business owners; purchases or sales of existing business, mergers, divisions or liquidations of business and other situations stipulated in the Romanian normative acts.  
Publication, Distribution, Etc. ICESBA2017: International Conference on Economic Sciences and Business Administration
2017-10-29 11:16:33
Index Term - Genre/Form Peer-reviewed Paper
Electronic Location and Access application/pdf
Data Source Entry ICESBA2017: International Conference on Economic Sciences and Business Administration; International Conference on Economic Sciences and Business Administration
Language Note en
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