STRATEGIES IN OPTIMIZING THE OUTPUT OF FINANCIAL REPORTING:
            PROJECT FOR A NATIONAL PERSPECTIVE

                   Dumitru Matis, „Babes-Bolyai” University of Cluj-Napoca
               Carmen Giorgiana Bonaci, „Babes-Bolyai” University of Cluj-Napoca
                  Razvan V. Mustata, „Babes-Bolyai” University of Cluj-Napoca


ABSTRACT: Our paper presents the scientific demarche that we are developing through a current
accounting research project. Prior to its implementation, the final steps of the project are being
presented for discussion and debate. Aiming at developing a functional model for optimizing the
national strategy regarding financial reporting, we first make a brief introduction to accounting
systems and their main traits and evolution. Accounting information and its disclosure by entities is
then discussed through the review of literature. The research methodology part describes the final
steps of the project and the manner in which we plan for their implementation. The final part of the
paper concludes on the contribution of our project.

Key words: Financial reporting, accounting systems, accounting information, fair value, historical cost

JEL codes: M40, M41