Abstract:

Accounting as a specialized activity measurement, evaluation, knowledge management and control of assets, liabilities and equity, and the results obtained from the public institutions should provide chronological and systematic recording, processing, publication and preservation of information about the position, financial performance and cash flows, both for their internal requirements and external users: Government, Parliament, creditors, customers and other users (for example: international financial institutions). One of Romania's obligations as an EU member state is providing, Eurostat (European Statistical Institute), the system of public finance statistics, financial information on a consolidated basis, comparable with other European Union countries. European System of Integrated Economic Accounts (ESA ’95) covers the whole national accounting records and statistics on the economic system of a country considered as a whole, and introduces their contents, "the accounts and tables" that Member States must develop and make available to the European Commission to "monitor economic convergence and ensure the closer coordination of economic policies of member states."