NOILE VALENŢE ALE ANALIZEI FINANCIARE ÎN ENTITĂŢILE
       ECONOMICE ROMÂNEŞTI ÎN CONTEXUL ADOPTĂRII IFRS /
     NEW ISSUES REGARDING FINANCIAL ANALISYS OF ROMANIAN
            ECONOMIC ENTITIES WHILE ADOPTING IFRS

Asistent Drd. Larissa Bătrâncea - Universitatea „Babeş-Bolyai” Cluj-Napoca

Abstract:
The objective of financial statements according to IFRS is that of providing useful information for
enabling users’ economic decisions making. However, the financial statements corresponding to
IFRS do not include all the information that a certain user might require in order to hold all the
above-mentioned attributes, since financial statements generally present the effects of past events
and do not necessarily offer un-financial information. The financial statements corresponding to
IFRS contain data on the past performance of an enterprise (its earnings and cash flows), as well
as on the financial standing of that entity (assets and liabilities), which aren’t useful in the
evaluation of the future risks perspective. The financial analyst has to be able to use the financial
statements together with other information, in order to reach valid, investment-related
conclusions.

Keywords: IFRS, financial statement, performance, financial standing

JEL codes: G30, G32