文章基本信息

标题：CONSIDERATIONS REGARDING THE ACCOUNTING PRINCIPLES APPLIED IN INSOLVENCY PROCEEDINGS
本地全文：下载
作者：Marioara Avram ; Veronel Avram
期刊名称：Annals of the University of Craiova: Economic Sciences Series
印刷版ISSN：1223-365X
电子版ISSN：1843-3723
出版年度：2014
卷号：1
页码：172-177
语种：English
出版社：Universitaria Craiova
摘要：The Romanian economy,after 1990,has undergone a comprehensive restructuring process from centrally planned economy to an economy governed by the rules of the market economy,rules of the game led to a competitive type economy,with winners and laggards,with winners and losers.In the first phase,the restructuring of the Romanian enterprises has known just the division into two or more independent entities.Subsequently,according to the model of Western economies,the economic entities in our country during the process of restructuring and reorganization adopted a second way,namely the merger with its two versions: the merger by absorption and merger by fusion.The permanent struggle to maintain the market segments owned or even more to conquer other market segments as well as tax regulations adopted by our country led to the insolvency of a large number of businesses.Recent regulations bring some new administrative and foremost procedures to prevent insolvency.Thus,borrowers in financial difficulty are able to choose one of the following procedures: ad-hoc mandate and the preventive arrangement.
关键词：critical;insolvency;ad-hoc mandate;preventive arrangement;reorganization;insolvency practitioner