Abstract:
The fair-value accounting represented the subject of multiple debates especially after the release of the global crisis. Many specialists consider that the fair-value accounting had a significant contribution in releasing the economic crisis and especially in its intensification. The implementation of the IFRSs within the Romanian banking societies generated real challenges in regards to the adaptation of the internal norms to the new requirements. The fundamental objective of our research is based on the way in which the Romanian banking societies adapted to the changes produced internationally, during its stages of evolution. We aim at debating both the theoretical and practical aspects regarding the impact which the fair-value accounting is having on the result of the banking societies’ activities in Romania. The case study has as goal to underline the determination modality for the fair value using the method of the updated cash flow as well as the gain/loss which the banking society enters as a repercussion of the fair value change.
