Abstract:

The object of normalization is to the annual accounting or accounting plan. It was felt that The accounting normalization of financial statements is needed in order to develop a common language for all users aimed at managing accounting information. It formalizes and materializes the objectives, concepts, principles, rules, procedures for production and use of accounting information. Segment of the accounting normalization is the accounting rule. In case of financial instruments was necessary to develop This paper intends to discuss the standards required to settle the principles for recognition, measurement and disclosure of the different entities’ financial statements.