REFLECTION OF THE PANDEMIC CRISIS EFFECTS IN THE
     FINANCIAL REPORTS. AN OUTLOOK ON HORECA INDUSTRY

                       Carmen SCORȚE1 ORCID: 0000-0002-6959-9678
                      Daniela ZĂPODEANU2 ORCID: 0000-0002-5770-0505
                         Luminița RUS 3 ORCID: 0000-0003-4636-0864


Abstract: The economic growth of a nation is given by the future of economic entities across every
domain. This future represents an important objective, with the decision-making process
influenced by various factors. For a better future, economic entities have to manage better the
sources and resources they need: financial, non-financial, or natural. This research aims to
identify the pandemic crisis's impact on the economic entity's activity in HORECA. In that sense,
financial reports have been analyzed, alongside annual reports from commercial entities traded
on Bucharest Stock Exchange and belong to the activity domain related to the CAEN code 55-56.
The paper is empirical research based on the analysis of financial indicators of the economic
entities in this branch and on the analysis of the information gathered from the financial reports,
which can lead to achieving this research objective.

Keywords: accounting information, financial indicators, government aid, operational activities,
pandemic crisis

JEL Codes: L51, L83, M40, M41




1
  University of Oradea, Faculty of Economic Sciences, e-mail: carmen.scorte@yahoo.com
2
  University of Oradea, Faculty of Economic Sciences, e-mail: danizapodeanu@yahoo.com
3
  University of Oradea, Faculty of Economic Sciences, e-mail: lrus@uoradea.ro
DOI: 10.29302/oeconomica.2021.23.2.7
Pp. 68-80