CASH ACCOUNTING STANDARDIZATION IN THE PUBLIC SECTOR

                   Cenar Iuliana, „1 Decembrie 1918” University of Alba Iulia


ABSTRACT: An important component of public institutions’ accounting is represented by cash
accounting. At the same time, the normalization, harmonization and convergence of accounting are
the chronological stages generated by globalization. The paper approaches aspects regarding the
role of the budget within public institutions’ accounting, the management of public financial
resources, the cohabitation need between cash accounting and accrual accounting, the provisions
of international accounting referential regarding the financial reporting specific for cash
accounting, as well as the positioning of the Romanian public sector in relation to these provisions.

Key words: cash accounting, public sector, standardization, public budget, international accounting
referential

JEL codes: M41