European Economy: present and perspectives, International Conference, 10th edition

5

CONTENT / !"#$%&

&' ($)%*+*,*&' -$!%'.*+ ...................................................................................................................................... 10' )%)/01*(#.2'1*&'#3$ '&,' )%)/$'1* )/'#-1*&'#3$ $$

THE EFFECTS OF THE EUROPEAN INTEGRATION ON LABOUR MARKET IN ROMANIA ...............12Cristina BĂLĂCEANU, PhD Senior LecturerFaculty of International Economic Relations, “Dimitrie Cantemir” Christian University of BucharestClaudia BENTOIU, PhD Junior LecturerFaculty of International Economic Relations, “Dimitrie Cantemir” Christian University of BucharestAndreea – Monica PREDONU, Teaching AssistantFaculty of International Economic Relations, “Dimitrie Cantemir” Christian University of Bucharest

CHALLENGES FOR THE NATIONAL MOLDOVAN STATISTICS IN THE EUROPEAN CONTEXT ....20Oleg CARA, Deputy General DirectorNational Bureau of Statistics of the Republic of Moldova

REFLECŢII ASUPRA COMPETITIVITĂŢII REPUBLICII MOLDOVA ÎN CONTEXTUL CRIZEIFINANCIARE............................................................................................................................................................29

Corneliu Guţu, Conf. cercetător, dr.,Academia de Studii Economice din Moldova

FACETS OF ECONOMIC PROTECTIONISM IN KNOWLEDGE SOCIETY. AN EPISTEMOLOGICALANALYSIS .................................................................................................................................................................32

Alina-Petronela HallerPhD Research fellow III. Iaşi Branch of the Romanian Academy. Iasi, Romania

EPISTEMOLOGICAL APPROACH OF ECONOMIC LIBERALIZATION DETERMINANTS IN THEKNOWLEDGE SOCIETY .......................................................................................................................................38

Alina-Petronela HallerPhD Research fellow III. Iaşi Branch of the Romanian Academy

THE IMPACT OF GLOBAL CRISIS ON THE SOCIO-ECONOMIC DISPARITIES AND REGIONALDEVELOPMENT IN THE EUROPEAN UNION..................................................................................................44

Mihaela Dana IgnatAlexandru Ioan Cuza University, Iaşi, RomaniaCamelia Nicoleta MorariuAlexandru Ioan Cuza University, Iaşi, Romania

LOCAL SUSTAINABLE DEVELOPMENT, ASPECTS OF POPULATION HEALTH ..................................54Romeo IONESCU, Professor Eng. PhDStefan cel Mare University of Suceava, Romania

BRAIN CAPITALISATION – THE NEW PYLON OF THE REGIONAL DEVELOPMENT ........................60Ph.D.Professor Romeo IonescuDunarea de Jos University, Galati, Romania

THE EDUCATION – VECTOR OF HUMAN DEVELOPMENT. ROMANIAN PERSPECTIVE ..................70Lecturer Amalia Ioniţă, Petroleum and Gas University from Ploieşti, RomaniaAssociate professor Mirela Matei, Petroleum and Gas University from Ploieşti, Romania

STATISTICAL ANALYSIS OF THE WORK ENVIRONMENT OF SURVEY OPERATORS ......................77Alina Moroşanu, Phd. Student“Alexandru Ioan Cuza” University/Doctoral School for Economics, Iaşi, Romania

THE CHOICE FOR SOCIAL DISCOUNT RATE. ...............................................................................................84Assistant professor, Ioan Alin Nistor, PhDFaculty of Business, “Babes-Bolyai” University, Cluj-Napoca, Romania

Economie Europeană: prezent şi perspective, Conferinţă Internaţională, ediţia a X-a

6

ASPECTE PRIVIND CONCURENŢA PE PIAŢA TELEFONIEI DIN ROMÂNIA ÎN CONTEXTUL U.E. .89Asist. univ. drd. Adrian Liviu SCUTARIUConf. univ. dr. Carmen NĂSTASEEc. drd. Alina BĂLANUniversitatea “Ştefan cel Mare” Suceava, România

THE APPLICATION OF THE EUROPEAN CHARTER FOR REGIONAL OR MINORITY LANGUAGESIN ROMANIA IN THE FIELD OF EDUCATION ................................................................................................95

Roxana Alina Petraru, PhDs university lecturer,The University of “Petre Andrei” from Iasi, Romania

THE STATUTE OF THE ECONOMIC MODEL WITHIN SCIENTIFIC KNOWLEDGE: CONCEPTUAL-THEORETICAL APPLICATIONS IN TERMS OF INTERDISCIPLINARY CONTEXT ............................102

Georgeta PUSTIU, Master student“Stefan cel Mare” University Suceava, Romania

AN OVERVIEW REGARDING THE ROLE OF CAPITAL MARKETS IN THE MODERNECONOMIES ..........................................................................................................................................................112

Şargu Alina Camelia, PhD Candidate„Alexandru Ioan Cuza” University Iasi, Romania, Faculty of Economics and Business Administration, DoctoralSchool of Economics

IRELEVANŢA ÎN CONTEXTUL ACTUAL A INDICATORULUI RIR ÎN CADRUL PROIECTELOR CUFINANŢARE NERAMBURSABILĂ EUROPEANĂ ..........................................................................................121

Moroşan Andrei-Alexandru, masterandUniversitatea “Ştefan cel Mare” Suceava, Suceava, România

THE MANAGEMENT OF NATURAL PROTECTED AREAS FROM BULGARIA .....................................130Associate Professor phd. Andreea Băltăreţu,„Dimitrie Cantemir” Christian University, Faculty of Touristic and Commercial Management, Bucharest,Romania

BRANDING ROMANIA AS A TOURIST DESTINATION ...............................................................................137Camelia Pavel, Lecturer PhD candidate“Dimitrie Cantemir” Christian University, Bucharest, Romania

&' ($)%*4*,*&' -$!%'.*4 .................................................................................................................................... 148/.%.5'/'%(*.%2*6!&$%'&&*.2/$%$&(#.($)%*,/.%.5'/'%(*7$*.2/$%$&(#.#'.*.8. '#$9)#

SOCIAL LEGITIMACY AND BUSINESS CITIZENSHIP................................................................................150Aura BRISCARU, lecturerPetre Andrei University, Iaşi, România

NEW STAKEHOLDERSHIP’ WEBS...................................................................................................................155Aura Brişcaru, lecturerPetre Andrei University, Iaşi, România

CURRENT ASPECTS REGARDING EMOTIONAL INTELLIGENCE AND LEADERSHIP.....................162Larisa Dragolea, Lecturer PhD“1 Decembrie1918” University of Alba Iulia, RomaniaCotîrlea Denisa, PhD Student“1 Decembrie1918” University of Alba Iulia, Romania

TIME FOR EMOTIONAL CHANGE OF PEOPLE AND ORGANISATION ................................................172Camelia – Olivia Ilieş, Junior Teacher AssistantPetru Maior University, Tg-Mures, Romania

METHODS OF MEASURING INTELLECTUAL CAPITAL ...........................................................................178Prof. PhD., Gheorghe LepadatuChristian University "Dimitrie Cantemir", Bucharest, Faculty of Finance, Banking and Accounting

European Economy: present and perspectives, International Conference, 10th edition

7

UNDERSTANDING RISK MANAGEMENT IN SMALL 7 STEPS..................................................................182Valentin Petru MĂZĂREANU, PhDThe Faculty of Economics and Business Administration“Alexandru Ioan Cuza” University of Iasi, Iasi, Romania

MODELS OF ENTREPRENEURSHIP IN THE GLOBALIZATION ERA .....................................................188Constantin Sasu, Professor PhDUniversitatea „Al.I.Cuza” IaşiLuciana Sasu, PhD studentUniversitatea „Al.I.Cuza” Iaşi

IMPACTUL ISD ASUPRA DEZVOLTARII REGIONALE A ROMANIEI IN CONTEXTUL ECONOMICCRITIC – GRUPUL EGGER.................................................................................................................................194

Conf. univ. dr. Carmen NĂSTASE,Universitea "Ştefan cel Mare" din Suceava, RomaniaLector univ. dr. Mihai POPESCUUniversitea "Ştefan cel Mare" din Suceava, Romania

THE COMPETENCE OF THE MANAGER IN A MILITARY STRUCTURE ...............................................202Drd. ec. Sofronia Petrică PuiuUniversitatea Alexandru Ioan Cuza Iași, România

DECISION-MAKING METHODS AND COMMUNICATION STRATEGIES IN MANAGEMENT..........209Ovidiu Spirescu, Master student“Stefan cel Mare” University, Suceava, Romania

METHODS FOR THE EMPLOYEES’ PERFORMANCE EVALUATION.....................................................216Sebastian Adrian Uriesi, PhD StudentFaculty of Economics and Business Administration, “Al.I.Cuza” University, Iasi, Romania

INVESTIŢIA STRĂINĂ DIRECTĂ ÎN ROMÂNIA SUB IMPACTUL CRIZEI FINANCIAREACTUALE................................................................................................................................................................222

Lect.univ.dr. Lucreţia Mariana ConstantinescuFacultatea de Ştiinţe Economice, Univ.Valahia din Târgovişte, România

INVESTIŢIILE STRĂINE DIRECTE – CREŞTERE ECONOMICĂ ..............................................................230Asist. univ. drd. Gabriela-Liliana CIOBANUniversitatea “Ştefan cel Mare” Suceava, RomaniaDrd. Costel-Ioan CIOBANArhiepiscopia Sucevei şi Rădăuţilor, Suceava, RomaniaUniversitatea ”Al. Ioan Cuza” Iaşi, Romania, Şcoala Doctorală de Economie

THE IMPACT OF THE CULTURE ON THE STRATEGIES OF THE COUNTY MEHEDINTIORGANISATIONS .................................................................................................................................................236

Doina ROSCA, Adriana SCHIOPOIU BURLEA, Marioara AVRAM, Laurenţiu DRAGOMIR, Mirela SÎRBU,Cristian NEGULESCU, Ionuţ PANDELICĂ, Daniel AVRAM

&' ($)%*:,&' -$!%'.*: ...................................................................................................................................... 251. )!%($%5 ;*8$%.% '&*, )%(.6$9$(.(' ;*8$%.%-'

FINANCIAL INTEGRATION OF EUROPEAN MONEY MARKET UNDER EMU. AN OVERVIEW......253Andreea Avadanei, Phd Student“Alexandru Ioan Cuza” University, Doctoral School of Economics, Iasi, Romania

THE IMPLICATIONS OF ECONOMIC AND MONETARY UNION IN SUSTAINING EUROPEANCORPORATE BOND MARKET INTEGRATION.............................................................................................261

Andreea Avadanei, Phd Student“Alexandru Ioan Cuza” University, Doctoral School of Economics, Iaşi, RomaniaSorin Gabriel Anton, University assistant, Ph. D.“Alexandru Ioan Cuza” University, Business Administration Department, Iaşi, Romania

Economie Europeană: prezent şi perspective, Conferinţă Internaţională, ediţia a X-a

8

ENTERPRISE PERFORMANCE ASSESSMENT THROUGH THE INCOME, IN TERMS OF APPLYINGNEW ACCOUNTING REGULATIONS...............................................................................................................270

Junior Lecturer Ph.D. Roxana-Manuela DICU“Alexandru Ioan Cuza” University of Iaşi, RomaniaLecturer Ph.D. Daniela-Neonila MARDIROS“Alexandru Ioan Cuza” University of Iaşi, Romania

FINANCIAL MEASURES OF RESPONSE TO THE PRESENT ECONOMIC GLOBAL CRISIS..............277Professor Epure, Dănuţ Tiberius, Ph.D„Ovidius” University of Constanta, RomaniaTeaching Assistant Cuşu, Dorinela„Ovidius” University of Constanta, Romania

THE LEASING – COMPANY’S FINANCIAL METHOD .................................................................................283Roxana Ionescu -Davidescu, Lecturer PhD„Dimitrie Cantemir” Christian University, Bucharest, Romania

NEED AND BENEFITS OF CASH FLOW INFORMATION............................................................................289Prof. PhD., Gheorghe LepadatuChristian University "Dimitrie Cantemir", Bucharest, Romania

THE INTERDEPENDENCE BETWEEN ACCOUNTABILITY FROM PRODUCERS OF FINANCIALAND ACCOUNTING INFORMATION AND THE TRANSPARENCY OF REPORTING FORDESIGNATED USERS ...........................................................................................................................................295

Lecturer Ph.D. Daniela-Neonila MARDIROS“Alexandru Ioan Cuza” University of Iaşi, RomaniaJunior Lecturer Ph.D. Roxana-Manuela DICU“Alexandru Ioan Cuza” University of Iaşi, Romania

FINANCIAL INSTRUMENTS ACCOUNTING REFORM. THE MOST IMPORTANT CHANGESBROUGHT BY IFRS 9 ...........................................................................................................................................303

Lect. univ. dr. Iuliana Oana MIHAI1, Lect. univ. dr. Camelia MIHALCIUC2

1Universitatea “Dunărea de Jos” Galati, Departamentul Administrarea Afacerilor2Univesitatea “Ştefan cel Mare” Suceava, Facultatea de Ştiinţe Economice şi Administraţie Publică, CatedraContabilitate-Finanţe

ACCOUNTING INFORMATION: MANAGEMENT USEFUL TOOL............................................................313Ph. D Student Ec. Postolache (Maleş) I. Daniela“Alexandru I. Cuza” University of Iasi, Romania

HOW TRUE IS THE TRUE AND FAIR VIEW...................................................................................................320Alexandra-Daniela Socea, PhD. Student“Alexandru Ioan Cuza” University, Iaşi, Romania

FINANCIAL AND ECONOMICAL ANALYSIS IN EVALUATION AND FIXING OF THE RISKS..........327Drd. ec. Sofronia Cristina AntonelaUniversitatea Alexandru Ioan Cuza Iași, România

TRUE AND FAIR VIEW IN THE CONTEXT OF THE EUROPEAN ACCOUNTINGHARMONIZATION ...............................................................................................................................................332

Neculai TABĂRĂ, PhD Professor“Alexandru Ioan Cuza” University, Faculty of Economics and Business Administration, Iaşi, RomaniaAlina Ionela RUSU, PhD student“Alexandru Ioan Cuza” University, Faculty of Economics and Business Administration, Iaşi, Romania

&' ($)%*<*,*&' -$!%'.*< .................................................................................................................................... 340&(.($&($ &1*2.(.*"#) '&&$%5*=$%8)#/.($ &>*.%2*/.(?'/.($ &*,&(.($&($ @1*$%8)#/.($ @*7$*/.('/.($ @

ANALIZA DINAMICII ŞI PONDERII SERVICIILOR ÎN HOTELURI ŞI RESTAURANTE,ÎNVĂŢĂMÂNT, SĂNĂTATE ŞI ASISTENŢĂ SOCIALĂ ÎN ROMÂNIA ......................................................342

European Economy: present and perspectives, International Conference, 10th edition

9

Prof. univ. dr. Elena-Maria BijiProf. univ. dr. Eugenia LileaConf. univ. dr. Mihaela VătuiAcademia de Studii Economice BucureştiAsist. univ. dr. Florin-Paul-Costel LileaUniversitatea Artifex Bucureşti

&' ($)%*A*,*&' -$!%'.*A .................................................................................................................................... 3489.B*.%2*"!69$ *.2/$%$&(#.($)%*,2#'"(*7$*.2/$%$&(#.-$'*"!69$ @

LEGAL ASPECTS CONCERNING FINANCIAL INSTRUMENTS – GROUND OF THEINTERNATIONAL ACCOUNTING.....................................................................................................................349

Asist. univ. Iacob BaciuChristian University Dimitrie Cantemir, Bucharest, Romania

LEGAL CONSIDERATIONS CONCERNING CORRUPTION AND TAX EVASION IN ROMANIA .......356Asist. univ. Iacob BaciuChristian University Dimitrie Cantemir, Bucharest, Romania

TERMS CONCERNING LEASING IN NATIONAL AND INTERNATIONAL JUDICIALLITERATURE.........................................................................................................................................................362

Barna Noluţă Ph. D. in LawAdvocate, Neamţ Bar Association, Romania

CHRONOLOGICAL ASPECTS OF THE IMPACT OF THE OTTAWA CONVENTION ON SOMECATEGORIES OF INTERNATIONAL COMMERCIAL TRANSACTIONS.................................................367

Barna Noluţă Ph. D. in LawAdvocate, Neamţ Bar Association, Romania

THE EUROPEAN PROTECTION OF THE RIGHT TO LIBERTY AND SECURITY .................................373PhD Student Dumitrescu Iulius – CezarJudge at the Suceava Court of Appeal, Suceava, Romania

COMPARATIVE ANALYSIS OF THE RIGHT TO LIBERTY AND SECURITY REGULATIONS IN THECONSTITUTION OF ROMANIA AND MOLDOVA .........................................................................................379

PhD Student Dumitrescu Iulius – CezarJudge at the Suceava Court of Appeal, Suceava, Romania

IMPACT ON CITIZENS QUALITY OF PUBLIC SERVICES .........................................................................387PhD Student Constantin PITUUniversity of „Al.I.Cuza” IasiPhD Student Camelia SCRIPNICIUC-LEFTERUniversity of „Al.I.Cuza” Iasi

PARTNER ABUSE WITHIN THE BANK IN CREDIT AGREEMENT ..........................................................392Scientific coordinator: lector univ. dr. Nemţoi GabrielaSaftiu Cristina – Student –“Ştefan cel Mare” University Suceava – RomâniaŞtefănoaia Mariana – Student –“Ştefan cel Mare” University Suceava – RomâniaMicu-Drescanu Vlad – Student –“Ştefan cel Mare” University Suceava – România

PROGRES CĂTRE EXCELENŢĂ. IMPLEMENTAREA CAF (CADRUL COMUN DE AUTOEVALUAREA MODULUI DE FUNCŢIONARE A INSTITUŢIILOR PUBLICE) ÎN ADMINISTRAŢIA PUBLICĂ.....401

Subprefect Angela Zarojanu,Instituţia Prefectului-judeţul Suceava, municipiul Suceava, România

European Economy: present and perspectives, International Conference, 10th edition

325

TRUE AND FAIR VIEW IN THE CONTEXT OF THE EUROPEAN ACCOUNTINGHARMONIZATION

Neculai TABĂRĂ, PhD Professor“Alexandru Ioan Cuza” University, Faculty of Economics and Business Administration, Iaşi, Romania

neculaitabara@yahoo.com

Alina Ionela RUSU, PhD student“Alexandru Ioan Cuza” University, Faculty of Economics and Business Administration, Iaşi, Romania

alina.ionela.rusu@gmail.com

Abstract: Accounting aims to continuously achieve the desideratum for performance witch refers to the „true and fairview”, insofar the degree of the objetive reality’s reflection by a complete and relevant information on economic facts

and processes reflected in the currency. But the approach to the meaning and practical applicability of this concept

varies internationally and that because there are major differences between accounting systems witch interact globally.

Multiple images that intended to be faithful, raise questions about the referentilas underlying the true and fair view,

about the organization of the accounting normalization and about those whom are addressed the provided information.

So, this paper aims not to find a generally accepted definition of the concept of true and fair view but a briefpresentation of the main coordinates that have influenced its conceptual development and of his role in the process of

european accounting harmonization.

Keywords: true and fair view, annual financial statements, accounting harmonization, normalization, accountingreferential

JEL Classification: M41, F30

Introduction

Because there is trade between human beingsor business, because the quantities of human,financial, natural and technical resources arelimited and because third party is interested infinancial information produced by thesocieties, accounting is a vital presence intoday's society. The true wealth is measuredtoday, primarily, by the quantity and qualityof information held at a time, and theaccounting generates the information that isnecessary to support the decision. Thus,modern management can not be conceivedwithout the offer of accounting information.Given this role of accounting, which makes itbecome “a vital institution of capitalism”(Colasse, 2009, p. 14), it goes without sayingthat its practice must comply with the rulesissued by the legitimate courts. If theaccounting rules would not comply withofficial documents that it would not draw anyvalue to different stakeholders who use themto clarify their relations with the enterprisebut also to make their own decisions. This hasled development in various countries and thenworldwide, of the rules that guide accountingpractice.Requiring annual financial statements to "givea true and fair view of assets and liabilities,

financial position and results" of thecompany, the fourth European Directiveintroduced in 1978 a notion to validate thebusiness representation through the annualfinancial statements. The Regulation no.1606/2002 of the European Parliament andCouncil, which decided to apply InternationalFinancial Reporting Standards at EU levelmakes the compliance of true and fair view bythese rules a "fundamental condition" of theiradoption in European Union countries.However, this representation must take intoaccount, on one hand, the requirements ofrules to be applied to develop financial andaccounting information about the companyand, on the other hand, the complex andmultiple reality of this entity.

About accounting normalization…

“Accounting is a social construction, and - assuch - reflects the society in which itdeveloped” (Iqbal, 2002, pp. 190). It issubject of official rules and unwritten rulesthat have developed through customarypractice. Due to the social role of accountinginformation, the accounting must provide a„normalized” reality. The supply ofaccounting information must be distributedevenly in society and it requires the

European Economy: present and perspectives, International Conference, 10th edition

331

That is why accounting principles or conceptsmust be in a perpetual evolution, to rank asclose to reality.

Acknowledgements

This work was partially supported by theEuropean Social Fund in Romania, under theresponsibility of the Managing Authority forthe Sectorial Operational Programme forHuman Resources Development 2007-2013(grant POSDRU/88/1.5/S/47646).

References:

[1] Boţa-Avram F. (2009). Imaginea fidelă în

contabilitate, Risoprint, Cluj-Napoca, 2009;[2] Bunget O. (2005). Contabilitatea românescă între

reformă şi convergenţă, Economică, Bucureşti;[3] Capron M. (1994). Contabilitatea în perspectivă,

Humanitas, Bucureşti;[4] Colasse B. (2009). Fundamentele contabilităţii,

TipoMoldova, Iaşi;[5] Feleagă N., Ionaşcu I. (1998). Tratat de

contabilitate financiară, vol. I, Economică,Bucureşti;

[6] Honore A., (2000). Image fidèle et provisions pour

risques et charges, Les actes du XXIe Congrès deL’Association Française de Comptabilité, Angers,18-20 mai 2000, avaible at http://www.afc-cca.com/archives/docs_congres/congres2000/Angers/Fichiers /HONORE.pdf;

[7] Horomnea E. (2001). Tratat de contabilitate, vol.I, Sedcom Libris, Iaşi;

[8] Iqbal Z., International Accounting. A Global

Perspective, 2nd edition, South –WesternThompson Learning, Cincinnati, Ohio, 2002

[9] Ionaşcu I., Epistemologia contabilităţii,Economică, Bucureşti, 1997

[10] Klee L., (2009). Image fidèle et représentation del’entreprise, în Colasse B. (coord.), Encyclopédie

de Comptabilité, Contrôle de Gestion et Audit,2ème édition, Economica, Paris, pp. 901-911;

[11] Matiş D., Contabilitatea operaţiunilor speciale,Intelcredo, Deva, 2003

[12] Nobes C., (1993). The true and fair viewrequiremment: impact on and of the Fourth

Directives, Accounting and Business Research, 24(93), pp. 35-47;

[13] Ristea M., Noul sistem contabil din România,Cartimex, Bucureşti, 1994;

[14] Tabără N., Horomnea E., Dimensiunile etice ale

profesiunii contabile, Revista Contabilitatea,expertiza şi auditul afacerilor, nr. 12/2000;

[15] ***, Law no. 82/1991, Accounting Law

(L82/1991);[16] ***, Minister of Public Finance’s Order no.

3055/2009 for approving the accountingregulations harmonized with EU directives (OMFP3055/2009);

[17] ***, Standardele Internaţionale de Raportare

Financiară, inclusiv Standardele Internaţionale de

Contabilitate şi interpretări la 1 ianuarie 2007,Editura CECCAR, Bucureşti, 2007

[18] ***, Fourth Council Directive 78/660/EEC of 25July 1978 based on Article 54(3)(g) of the Treatyon the annual accounts of certain types ofcompanies, avaible athttp://www.cnpf.md/file/leg_com/dir_UE_as/Directiva_78-660CEECont_Cons%20 unele%20societati.pdf (DE4);

[19] ***, Seventh Council Directive 83/349/EEC of 13June 1983 based on the Article 54 (3) (g) of theTreaty on consolidated accounts, avaible athttp://www.cnpf.md/file/leg_com/dir _UE_as/Directiva_83-349-CEE_Cont_Cons.pdf (DE7).