5th edition of the specialized book “Accounting. From theory to practice. Method and modeling”, which addresses all those who want to acquire and / or deepen their knowledge in the field of accounting, has been improved by updating with the latest changes in accounting legislation, by approaching from a new perspective the main concepts and the inclusion of more suggestive practical examples. To this end, in addition to the detailed presentation of the main theoretical aspects, great emphasis was placed on the schematic synthesis of notions that present complex structures and relationships, as well as on algorithmization and, finally, representation, in the form of logical schemes. , of specific accounting processes. These aspects that personalize the paper are complemented by the harmonious combination of theoretical knowledge with practical examples solved, but also with examples addressed to the reader to be solved and thus ensure a substantial increase in the effectiveness of the learning process.
Therefore, it can be said that, by detailing in the manner described above the issue of accounting, starting with its role and place in the organization and management of economic activities, working method, highlighting and reporting the status of an economic entity, this new edition is An important tool, available to all those interested in learning and specializing in this field. At the same time, the book is accessible and useful to managers at all hierarchical levels as it provides them with the theoretical and practical basis necessary for the efficient organization and management of economic activities.
Last but not least, in the book were inserted a series of important aspects that contribute to highlighting the scientific character of accounting, as well as to creating premises for further improvement of accounting as an information system and, implicitly, as a science. In this sense, the general issue of economic theories and mechanisms was addressed, but also the one regarding the establishment and organization of companies, the relationship within them, the relationship between accounting and taxation and management, as well as the impact of managerial decisions on the result.
Finally, we appreciate that this new edition offers the reader an overview of the major role of accounting in initiating and conducting economic and financial transactions.
The work “Accounting. From theory to practice. The accounting cycle and the closing of the financial year” aims to complete the area described in“ Accounting. From theory to practice. Method and modeling ”by detailing in a form accessible to beginners, but also useful to practitioners, the main aspects related to the analysis and operation of accounts, the accounting cycle, the closing works of the exercise, as well as the interconnection with taxation (VAT mechanism, profit taxation and income of micro-enterprises, taxation of dividends, etc.). The paper concludes with an accounting monograph which is an important tool for users to master specific accounting techniques.
In this volume we continued to apply the method of systematization, algorithmization and presentation, in schematic form, of complex issues, thus achieving not only a condensation of content but especially the efficiency of understanding and implicit learning.
The presented arguments recommend this paper to all those who want to study accounting in the broader context of economic training but also to those who need some details necessary to deepen their knowledge and improve their practice in the field.
An important element of originality is the interactive character of the practical applications, in the sense that the reader is invited to complete some parts of the analysis and the accounting formula with the concrete data that are found in the statement of the problem. Based on direct observations and pertinent suggestions made by my students, the 5th edition brings substantial changes in the introduction of communication exercises, a complex study related to the taxation of income obtained by micro-enterprises, and the improvement of the accounting monograph.
All this we hope to include the work "Accounting. From theory to practice. The accounting cycle and the closing of the financial year” in the general efforts of the specialists in the field, in order to make available to the users the most effective learning and working tools.