Audit statutar versus comunicare financiara. De ce si cum? Statutory Audit versus Financial Communication. Why and How?

Through the review and the reset of realm concepts and thesis, the paper tries to emphasize the position and the role of statutory audit within the financial communication specific to the organization and its business world. As an introduction of their own arguments, the authors achieve, on one hand...

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Bibliographic Details
Published inAudit Financiar Vol. 8; no. 7; p. 3
Main Authors Domnisoru, Sorin, Briciu, Sorin, Popa, Irimie Emil, Bunget, Ovidiu Constantin
Format Journal Article
LanguageRomanian
Published Bucharest Camera Auditorilor Financiari din Romania - Chamber of Financial Auditors of Romania 01.07.2010
Subjects
Auditors
Audits
Communication
Correlation analysis
Financial statements
International accounting standards
Roles
Stakeholders
Studies
Romania
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Summary:Through the review and the reset of realm concepts and thesis, the paper tries to emphasize the position and the role of statutory audit within the financial communication specific to the organization and its business world. As an introduction of their own arguments, the authors achieve, on one hand, a brief presentation of creative accountancy or of financial engineering, and, on the other hand, a concise round-up of present-day alternatives applied by entities in order to improve financial information meant to be disseminated. The paper synthesizes the benefits, as well as the risks, of the two vectors belonging to the informational/selection systems, standardized solutions and managerial alternatives in order to conserve the process within reasonable parameters. The authors correlate the subject area standpoints meant to sustain such an approach and fight against conflicting or sparsely substantiated elements, managing to provide a support for their own ideas and convictions. Thus, against the background of the international accounting standard - focused on increasing the financial transparency of organizations - the statutory auditor's role is not limited, on the contrary, it continues to be the structure pillar in providing assurance concerning the integrity and quality of information included in financial statements published by different companies. At the same time, on this way, highly limited, some of the coordinates of statutory audit actions and evolutions are resumed, as any strategy meant for success.
ISSN:1583-5812