Mihaela Enachi - Academia.edu (original) (raw)

Papers by Mihaela Enachi

Research paper thumbnail of Study on the Application of the Accounting Regulations by the Economic Agents from Romania – Issues Concerning the Disclosure of Additional Information in the Explanatory Notes to the Financial Statements

Ovidius University Annals: Economic Sciences Series, 2010

Romania's progress demands to be included the principals of sustainable development in it's devel... more Romania's progress demands to be included the principals of sustainable development in it's development strategy. Within this framework the importance of studying and analyzing the tourism evolution can be noted. The need of knowledge regarding the fluctuations canned by the results of the tourism related activities allowed the approach of the issue related to the correlation stage of the accommodation capacity and the number of tourists arrived within the accommodation structures in Romania during the 2000-2008 period. The mutual involvement relationship, existence, direction form and intensity of the connection between the two indicators are analyzed within this paper. The conclusions following the analysis of the obtained results, shape as an upper phase in filling in the image of the Romanian tourism, bearing in mind the establishment and application of sustainable development strategies.

Research paper thumbnail of BRAND Journal - Basics of XBRL Instance for Financial Reporting

<i>Abstract</i><br>The development of XBRL (eXtensible Business Reporting Langu... more <i>Abstract</i><br>The development of XBRL (eXtensible Business Reporting Language) for financial reporting has significantly changed the way which financial statements are presented to different users and implicitly the quantity and quality of information provided through such a modern format. Following a standard structure, but adaptable to the regulations from different countries or regions of the world, we can communicate and process financial accounting information more efficient and effective. This paper tries to clarify the manner of preparation and presentation of the financial statements if using XBRL as reporting tool.<br><b>Find more at:</b><b>https://www.edusoft.ro/brain/index.php/brand/article/view/229</b><br&gt;

Research paper thumbnail of Some Aspects Regrading the Future of Financial Reporting

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION

The financial reporting process is a standardized process by which an entity provides information... more The financial reporting process is a standardized process by which an entity provides information about its business, which is not considered confidential, in the environment in which it operates, for the purpose of supporting and developing the society in general. For several years, this process has been undergoing a period of transformation that involves including in the reporting process, in addition to financial information, non-financial information that presents aspects of the resources used, the business model and the new value created by entity. Thus arose the concept of integrated reporting. In European Union, several European directives have been issued setting out the obligation to provide information on the environment, social issues, and personnel. Recently, a European Union project intended to amend the reporting directives by introducing a new concept, reporting for sustainability. These attitudes pose challenges for professional accountants as the reports need to be ...

Research paper thumbnail of Relativity of Accounting Values: Causes, Consequences and Limitation Possibilities

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION

Accounting is influenced by a variety of historical, economic, cultural, and other non-accounting... more Accounting is influenced by a variety of historical, economic, cultural, and other non-accounting factors that led to different judgments in creating a system for representing the reality, the application of regulated requirements and the validation of the fidelity of the information in the annual financial statements, as a final product of accounting. In this article, we focus on the main determinants of the relativity of the values that characterize the events in the life of an organization, which can determine the different reporting of similar realities. Thus, we focus on the influence of taxation on accounting, on accounting policies and management decisions and the professional judgment in forming an opinion on the financial statements and we try to identify solutions to limit the relativity of the accounting values.

Research paper thumbnail of Mecanisme financiare utilizate în implementarea proiectelor cu fonduri europene

CECCAR Business Review, Aug 1, 2021

In order to finance their activity, companies have the possibility to access European funds provi... more In order to finance their activity, companies have the possibility to access European funds provided that they fulfil certain eligibility criteria specific to different financing programs, ensure administrative compliance, obtain an appropriate score in the technical-financial evaluation phase and fall into the budget allocated to the call for projects. Once the financing contract is signed, the implementation of the projects begins, which involves making expenses for the purchase of goods/services/works, as the case may be. The payments involved in carrying out such operations may be temporarily supported from the company's own funds, until the money is received from the financer in a certain amount or, definitively, both from the company's own funds and non-reimbursable funds. Thus, after signing the financing contracts, depending on the preference of the beneficiaries or the conditions imposed by a certain context, different financial mechanisms could intervene: pre-financing requests, payment requests and reimbursement requests. This paper aims to enable the understanding of professional accountants, but also other stakeholders, regarding the mechanisms through which the funds are transferred to beneficiaries in European funded projects.

Research paper thumbnail of BRAND Journal - XBRL and Financial Reporting Transparency

<i>Abstract</i><br>Using eXtensible Business Reporting Language (XBRL) in finan... more <i>Abstract</i><br>Using eXtensible Business Reporting Language (XBRL) in financial reporting increases transparency by allowing viewing the details of the information provided by organizations without subdividing it and the possibility of easy access and processing information, even if it is presented in different languages or it results from the application of different regulations. Through this paper we try to emphasize the transparency ensured to financial reporting by using XBRL, which is why we transposed in this modern format, partially, the contents of one of the components of financial reports, namely, the balance sheet. In this process we based on the requirements of the Romanian accounting regulations in compliance with European directives, XML requirements and XBRL requirements concerning schemas, linkbase files and instances, and we used three of the modules of Altova MissionKit application (XMLSpy, MapForce and StyleVision), while taking into account the best practices in the field.<br><b>Find more at:</b><b>https://www.edusoft.ro/brain/index.php/brand/article/view/378</b><br&gt;

Research paper thumbnail of XBRL – Revolution in the Digital Financial Reporting of the Romanian Organizations

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION, 2010

The simplification of the transfer of the information from financial statements to the users from... more The simplification of the transfer of the information from financial statements to the users from different countries, its understanding and correct interpretation before taking decisions require the global unification of the accounting language to optimal fructify the benefits of an efficient and effective communication. Thus, a current concern of the specialists is to develop a universal language for financial reporting, the best achievement to date being represented by the XBRL (eXtensible Business Reporting Language).

Research paper thumbnail of The knowledge - as production factor

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION, 2009

In the current economic context, knowledge becomes the new nucleus of progress. If in the traditi... more In the current economic context, knowledge becomes the new nucleus of progress. If in the traditional economy the production factors were land, labor and capital, in the new economy knowledge is the major component of the productive system. Through the present study we try to clarify the position of knowledge in the production system and its role as a production factor, by explaining how it effective acts and contributes to the increase of welfare at the organizational and national levels.

Research paper thumbnail of Basics of XBRL Instance for Financial Reporting

Brand Broad Research in Accounting Negotiation and Distribution, 2011

The development of XBRL (eXtensible Business Reporting Language) for financial reporting has sign... more The development of XBRL (eXtensible Business Reporting Language) for financial reporting has significantly changed the way which financial statements are presented to different users and implicitly the quantity and quality of information provided through such a modern format. Following a standard structure, but adaptable to the regulations from different countries or regions of the world, we can communicate and process financial accounting information more efficient and effective. This paper tries to clarify the manner of preparation and presentation of the financial statements if using XBRL as reporting tool.

Research paper thumbnail of From instrumentalism to realism in accounting

Journal of Economic & Financial Studies, 2015

Research paper thumbnail of The Progress of XBRL in Europe – Projects, Users and Prospects

Procedia Economics and Finance, 2015

Research paper thumbnail of Preoccupations in the Field of Integrated Reporting

A growing number of organizations offer through the reports prepared at the end of the financial ... more A growing number of organizations offer through the reports prepared at the end of the financial year, in addition to financial information, more and more non-financial information. In this paper we try to clarify what makes the difference between these two categories of information, why is necessary to provide non-financial information and how is it reported. We also bring into discussion some references existing in the international accounting regulations, European directives and Romanian accounting regulations on the provision of non-financial information and we present some aspects concerning the requirements for recognition in the financial statements of certain categories of nonfinancial elements and some regulations existing or applicable in the field of certification of non-financial information.

Research paper thumbnail of Legal, Accounting and Tax Issues Regarding the Simultaneous Dissolution and Liquidation of Limited Liability Companies in Financial Difficulty

Contabilitatea, expertiza şi auditul afacerilor, Mar 31, 2023

Research paper thumbnail of XBRL and Financial Reporting Transparency

Brand Research in Accounting, Negociation and Distribution, 2013

Using eXtensible Business Reporting Language (XBRL) in financial reporting increases transparency... more Using eXtensible Business Reporting Language (XBRL) in financial reporting increases transparency by allowing viewing the details of the information provided by organizations without subdividing it and the possibility of easy access and processing information, even if it is presented in different languages or it results from the application of different regulations. Through this paper we try to emphasize the transparency ensured to financial reporting by using XBRL, which is why we transposed in this modern format, partially, the contents of one of the components of financial reports, namely, the balance sheet. In this process we based on the requirements of the Romanian accounting regulations in compliance with European directives, XML requirements and XBRL requirements concerning schemas, linkbase files and instances, and we used three of the modules of Altova MissionKit application (XMLSpy, MapForce and StyleVision), while taking into account the best practices in the field.

Research paper thumbnail of Financial Mechanisms Used in Implementing Projects with European Funds

Research paper thumbnail of the progress of XBRL in Europe - projects, users and prospects

This paper tries to highlight the expansion in time and space of the use of XBRL language at Euro... more This paper tries to highlight the expansion in time and space of the use of XBRL language at European level, by indicating the main entities involved in this process, both as structures that recommend or require the implementation of the language and as users, as well as the presentation of the ongoing projects and the perspectives on the progress of this modern language. The aim of our research is to provide those interested, in a summary form, current information regarding the use of XBRL in Europe and to offer indications, by expressing personal opinions, concerning the factors that will influence the future evolution of this language.

Keywords
XBRL; jurisdiction; XBRL project; taxonomy; European Union; factors of progress.

Research paper thumbnail of Preoccupations in the Field of Integrated Reporting

A growing number of organizations offer through the reports prepared at the end of the financial ... more A growing number of organizations offer through the reports prepared at the end of the financial year, in addition to financial information, more and more non-financial information. In this paper we try to clarify what makes the difference between these two categories of information, why is necessary to provide non-financial information and how is it reported. We also bring into discussion some references existing in the international accounting regulations, European directives and Romanian accounting regulations on the provision of non-financial information and we present some aspects concerning the requirements for recognition in the financial statements of certain categories of nonfinancial elements and some regulations existing or applicable in the field of certification of non-financial information.

Research paper thumbnail of Study on the Application of the Accounting Regulations by the Economic Agents from Romania – Issues Concerning the Disclosure of Additional Information in the Explanatory Notes to the Financial Statements

Ovidius University Annals: Economic Sciences Series, 2010

Romania's progress demands to be included the principals of sustainable development in it's devel... more Romania's progress demands to be included the principals of sustainable development in it's development strategy. Within this framework the importance of studying and analyzing the tourism evolution can be noted. The need of knowledge regarding the fluctuations canned by the results of the tourism related activities allowed the approach of the issue related to the correlation stage of the accommodation capacity and the number of tourists arrived within the accommodation structures in Romania during the 2000-2008 period. The mutual involvement relationship, existence, direction form and intensity of the connection between the two indicators are analyzed within this paper. The conclusions following the analysis of the obtained results, shape as an upper phase in filling in the image of the Romanian tourism, bearing in mind the establishment and application of sustainable development strategies.

Research paper thumbnail of BRAND Journal - Basics of XBRL Instance for Financial Reporting

<i>Abstract</i><br>The development of XBRL (eXtensible Business Reporting Langu... more <i>Abstract</i><br>The development of XBRL (eXtensible Business Reporting Language) for financial reporting has significantly changed the way which financial statements are presented to different users and implicitly the quantity and quality of information provided through such a modern format. Following a standard structure, but adaptable to the regulations from different countries or regions of the world, we can communicate and process financial accounting information more efficient and effective. This paper tries to clarify the manner of preparation and presentation of the financial statements if using XBRL as reporting tool.<br><b>Find more at:</b><b>https://www.edusoft.ro/brain/index.php/brand/article/view/229</b><br&gt;

Research paper thumbnail of Some Aspects Regrading the Future of Financial Reporting

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION

The financial reporting process is a standardized process by which an entity provides information... more The financial reporting process is a standardized process by which an entity provides information about its business, which is not considered confidential, in the environment in which it operates, for the purpose of supporting and developing the society in general. For several years, this process has been undergoing a period of transformation that involves including in the reporting process, in addition to financial information, non-financial information that presents aspects of the resources used, the business model and the new value created by entity. Thus arose the concept of integrated reporting. In European Union, several European directives have been issued setting out the obligation to provide information on the environment, social issues, and personnel. Recently, a European Union project intended to amend the reporting directives by introducing a new concept, reporting for sustainability. These attitudes pose challenges for professional accountants as the reports need to be ...

Research paper thumbnail of Relativity of Accounting Values: Causes, Consequences and Limitation Possibilities

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION

Accounting is influenced by a variety of historical, economic, cultural, and other non-accounting... more Accounting is influenced by a variety of historical, economic, cultural, and other non-accounting factors that led to different judgments in creating a system for representing the reality, the application of regulated requirements and the validation of the fidelity of the information in the annual financial statements, as a final product of accounting. In this article, we focus on the main determinants of the relativity of the values that characterize the events in the life of an organization, which can determine the different reporting of similar realities. Thus, we focus on the influence of taxation on accounting, on accounting policies and management decisions and the professional judgment in forming an opinion on the financial statements and we try to identify solutions to limit the relativity of the accounting values.

Research paper thumbnail of Mecanisme financiare utilizate în implementarea proiectelor cu fonduri europene

CECCAR Business Review, Aug 1, 2021

In order to finance their activity, companies have the possibility to access European funds provi... more In order to finance their activity, companies have the possibility to access European funds provided that they fulfil certain eligibility criteria specific to different financing programs, ensure administrative compliance, obtain an appropriate score in the technical-financial evaluation phase and fall into the budget allocated to the call for projects. Once the financing contract is signed, the implementation of the projects begins, which involves making expenses for the purchase of goods/services/works, as the case may be. The payments involved in carrying out such operations may be temporarily supported from the company's own funds, until the money is received from the financer in a certain amount or, definitively, both from the company's own funds and non-reimbursable funds. Thus, after signing the financing contracts, depending on the preference of the beneficiaries or the conditions imposed by a certain context, different financial mechanisms could intervene: pre-financing requests, payment requests and reimbursement requests. This paper aims to enable the understanding of professional accountants, but also other stakeholders, regarding the mechanisms through which the funds are transferred to beneficiaries in European funded projects.

Research paper thumbnail of BRAND Journal - XBRL and Financial Reporting Transparency

<i>Abstract</i><br>Using eXtensible Business Reporting Language (XBRL) in finan... more <i>Abstract</i><br>Using eXtensible Business Reporting Language (XBRL) in financial reporting increases transparency by allowing viewing the details of the information provided by organizations without subdividing it and the possibility of easy access and processing information, even if it is presented in different languages or it results from the application of different regulations. Through this paper we try to emphasize the transparency ensured to financial reporting by using XBRL, which is why we transposed in this modern format, partially, the contents of one of the components of financial reports, namely, the balance sheet. In this process we based on the requirements of the Romanian accounting regulations in compliance with European directives, XML requirements and XBRL requirements concerning schemas, linkbase files and instances, and we used three of the modules of Altova MissionKit application (XMLSpy, MapForce and StyleVision), while taking into account the best practices in the field.<br><b>Find more at:</b><b>https://www.edusoft.ro/brain/index.php/brand/article/view/378</b><br&gt;

Research paper thumbnail of XBRL – Revolution in the Digital Financial Reporting of the Romanian Organizations

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION, 2010

The simplification of the transfer of the information from financial statements to the users from... more The simplification of the transfer of the information from financial statements to the users from different countries, its understanding and correct interpretation before taking decisions require the global unification of the accounting language to optimal fructify the benefits of an efficient and effective communication. Thus, a current concern of the specialists is to develop a universal language for financial reporting, the best achievement to date being represented by the XBRL (eXtensible Business Reporting Language).

Research paper thumbnail of The knowledge - as production factor

STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION, 2009

In the current economic context, knowledge becomes the new nucleus of progress. If in the traditi... more In the current economic context, knowledge becomes the new nucleus of progress. If in the traditional economy the production factors were land, labor and capital, in the new economy knowledge is the major component of the productive system. Through the present study we try to clarify the position of knowledge in the production system and its role as a production factor, by explaining how it effective acts and contributes to the increase of welfare at the organizational and national levels.

Research paper thumbnail of Basics of XBRL Instance for Financial Reporting

Brand Broad Research in Accounting Negotiation and Distribution, 2011

The development of XBRL (eXtensible Business Reporting Language) for financial reporting has sign... more The development of XBRL (eXtensible Business Reporting Language) for financial reporting has significantly changed the way which financial statements are presented to different users and implicitly the quantity and quality of information provided through such a modern format. Following a standard structure, but adaptable to the regulations from different countries or regions of the world, we can communicate and process financial accounting information more efficient and effective. This paper tries to clarify the manner of preparation and presentation of the financial statements if using XBRL as reporting tool.

Research paper thumbnail of From instrumentalism to realism in accounting

Journal of Economic & Financial Studies, 2015

Research paper thumbnail of The Progress of XBRL in Europe – Projects, Users and Prospects

Procedia Economics and Finance, 2015

Research paper thumbnail of Preoccupations in the Field of Integrated Reporting

A growing number of organizations offer through the reports prepared at the end of the financial ... more A growing number of organizations offer through the reports prepared at the end of the financial year, in addition to financial information, more and more non-financial information. In this paper we try to clarify what makes the difference between these two categories of information, why is necessary to provide non-financial information and how is it reported. We also bring into discussion some references existing in the international accounting regulations, European directives and Romanian accounting regulations on the provision of non-financial information and we present some aspects concerning the requirements for recognition in the financial statements of certain categories of nonfinancial elements and some regulations existing or applicable in the field of certification of non-financial information.

Research paper thumbnail of Legal, Accounting and Tax Issues Regarding the Simultaneous Dissolution and Liquidation of Limited Liability Companies in Financial Difficulty

Contabilitatea, expertiza şi auditul afacerilor, Mar 31, 2023

Research paper thumbnail of XBRL and Financial Reporting Transparency

Brand Research in Accounting, Negociation and Distribution, 2013

Using eXtensible Business Reporting Language (XBRL) in financial reporting increases transparency... more Using eXtensible Business Reporting Language (XBRL) in financial reporting increases transparency by allowing viewing the details of the information provided by organizations without subdividing it and the possibility of easy access and processing information, even if it is presented in different languages or it results from the application of different regulations. Through this paper we try to emphasize the transparency ensured to financial reporting by using XBRL, which is why we transposed in this modern format, partially, the contents of one of the components of financial reports, namely, the balance sheet. In this process we based on the requirements of the Romanian accounting regulations in compliance with European directives, XML requirements and XBRL requirements concerning schemas, linkbase files and instances, and we used three of the modules of Altova MissionKit application (XMLSpy, MapForce and StyleVision), while taking into account the best practices in the field.

Research paper thumbnail of Financial Mechanisms Used in Implementing Projects with European Funds

Research paper thumbnail of the progress of XBRL in Europe - projects, users and prospects

This paper tries to highlight the expansion in time and space of the use of XBRL language at Euro... more This paper tries to highlight the expansion in time and space of the use of XBRL language at European level, by indicating the main entities involved in this process, both as structures that recommend or require the implementation of the language and as users, as well as the presentation of the ongoing projects and the perspectives on the progress of this modern language. The aim of our research is to provide those interested, in a summary form, current information regarding the use of XBRL in Europe and to offer indications, by expressing personal opinions, concerning the factors that will influence the future evolution of this language.

Keywords
XBRL; jurisdiction; XBRL project; taxonomy; European Union; factors of progress.

Research paper thumbnail of Preoccupations in the Field of Integrated Reporting

A growing number of organizations offer through the reports prepared at the end of the financial ... more A growing number of organizations offer through the reports prepared at the end of the financial year, in addition to financial information, more and more non-financial information. In this paper we try to clarify what makes the difference between these two categories of information, why is necessary to provide non-financial information and how is it reported. We also bring into discussion some references existing in the international accounting regulations, European directives and Romanian accounting regulations on the provision of non-financial information and we present some aspects concerning the requirements for recognition in the financial statements of certain categories of nonfinancial elements and some regulations existing or applicable in the field of certification of non-financial information.