EVENTS

International Accounting Conference at ASEM Focuses on European Integration
Date: 05.04.2013
Category: Conferences

   PRESS RELEASE

An international accounting conference was held at the Academy of Economic Studies of Moldova (ASEM) in Chisinau on April 5, with a focus on European integration from both an academic and professional context.

The conference was hosted jointly by the Association of Chartered Certified Accountants (ACCA), the international governing body of the profession, the Association of Professional Accountants and Auditors of Moldova (ACAP), as well as ASEM. There were a total of four panels, each working with a certain aspect of European integration and standardization for the profession in Moldova.

The first panel dealt with the transition to International Financial Reporting Standards (IFRS), which have been introduced in Moldova in two phases: credit institutions began implementation in the beginning of 2012, and the second and final phase was launched in the beginning of 2013.

Alexandru Nederita, professor at ASEM, highlighted some of the challenges facing Moldova in implementing the IFRS standard. One of such issues was that there are still three different methods of financial reporting: the IFRS standard, simplified financial reports, and complete financial reports completed in the old fashion. Dr Nederita also noted that since IFRS has been implemented in Moldova, reports can be up to 6,000 pages long, including over 3,000 different data points. This, Dr Nederita lamented, is too much for a small organization to handle. In addition to the length of reporting, he also lamented that the National Standards of Accounting (SNC) for 2014 have been formulated without consulting a committee of professional accountants; instead, the State Tax Service (FISC) formed the new standards.

The first panel also heard comments from delegates visiting from Russia, and Ukraine, Tamara Voroncenco, and Svetlana Zubilevici, respectively. Both countries have begun the process of implementing IFRS standards, and spoke of the difficulties that they encountered throughout the process. Ms Zubilevici presented the results of a study completed by the Federation of Professional Bookkepers and Auditors of Ukraine (FPBAU), in which it was found that just 19.35% of reports fully met the international standards and principles of information quality.

The next panels dealt with the implementation of International Standards on Auditing (ISA), the modernization process of accounting and analysis in a competitive economic environment, as well as how academia, professional organizations, and business can cooperate to produce better results for the profession.

 
Please click on the following link to access the Event Agenda.


Greetings messages (in Romanian and Russian):

Valentina Paladi, Dean of Accounting Faculty, ASEM
Andreia Stanciu
, Director of ACCA, South-East of Europa

Lilia Grigoroi, President of the Association of Professional Accountants and Auditors of the Republic of Moldova (ACAP)
Ana Morariu, PhD., univ.prof., Vicepresident of the Chamber of Financial Auditors of Romania (CAFR)
Ecaterina Necşulescu, President of The Body of Expert and Licensed Accountants of Romania (CECCAR)
Миновар Махкамовна. Тулаходжаева, PhD., prof., САP, President of the National Association of Accountants and Auditors of Uzbekistan (NABA)


Please find below several PPT presentations (mostly in Romanian and Russian) from the International Scientific Conference:

Panel I -
Transition to IFRS and new accounting regulations: problems and solutions.
1. Alexandru Nederiţa - ASPECTE GENERALE PRIVIND TRANZIŢIA LA NOILE STANDARDE NAŢIONALE DE CONTABILITATE
2. Воронченко Тамара Васильевна - ПЕРЕХОД РОССИИ НА МСФО: ПРОБЛЕМЫ И ПУТИ ИХ РЕШЕНИЯ
3. Viorel Ţurcanu - НЕКОТОРЫЕ ВОПРОСЫ БУХГАЛТЕРСКОГО УЧЕТА И ОТЧЕТНОСТИ В УСЛОВИЯХ ПЕНСИОННЫХ ПЛАНОВ

 

4. Tetiana Botsian - SUSTAINABLE REPORTS IN UKRAINE: EVALUATION OF THE SITUATION
5. Зубилевич С.Я. - ПРОБЛЕМЫ ПЕРЕХОДА НА МСФО В УКРАИНЕ

Panel III - Managerial accounting and analysis adaptation to rigors of international regulations
1. Natalia Ţiriulnicov - SPECIFICUL ANALIZEI CAPITALULUI EMITENTULUI  LA PLASAREA ACŢIUNILOR CU SAU FĂRĂ VALORE NOMINALĂ
2. Neli Muntean – ANALIZA-EXPRES A CREŞTERII ECONOMICE ŞI A STABILITĂŢII  FINANCIARE A ÎNTREPRINDERII
3. T. Tuhari - CONTABILITATEA ŞI CONTROLUL INTERN
4. Stela Caraman - ABORDĂRI CONCEPTUALE ALE COSTURILOR

Panel IV - Cooperation between academic community, professional organizations and business community
1. Andreia Stanciu - CONNECTING ACCOUNTING EDUCATION TO THE NEEDS OF THE EMPLOYERS
2. Andrei Stan - PROFESIA CONTABILĂ ÎN MOLDOVA: PERSPECTIVE DE LA O CONVERSIUNE LA O PRACTICĂ INTERNAŢIONALĂ
3. Svetlana Platon - MODERNIZAREA PROGRAMELOR DE STUDIU ÎN DOMENIUL CONTABILITĂŢII ŞI AUDITULUI PRIN INTERMEDIUL PROCESULUI DE ACREDITARE DE CĂTRE ORGANIZAŢIILE INTERNAŢIONALE
4. Marina Şelaru - POZIŢIONAREA ORGANISMULUI PROFESIONAL ÎNTRE MEDIUL UNIVERSITAR ŞI DE AFACERI

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Editor of the event: journalist-volunteer in newspapers
ТРУД, Igor Fonari
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