Some Considerations Regarding the Evolution of Public Accounting in Romania

Abstract

The importance of the public sector in the economy of a country has contrasted over time with the relatively low attention paid to its accounting aspects. Thus, its accounting regularization has lasted for quite some time at an archaic level, with the exception of the part that was applicable to public enterprises, which, as it is known, was conducted after the accounting for the private sector entities. Also, if we relate to the accounting literature, the study of accounting in the university education, including the activities carried out by the professional bodies, we find that their efforts, with few exceptions, have turned to the accounting of enterprises. Only in recent years has our country's interest in some aspects of public accounting strengthened, neglected for a long time and lagged behind in conceptual and normative terms. However, the aspects related to the knowledge of the way in which the public accounting in our country has evolved and evolved over the course of history, their brief passage in the article, are also irrelevant.