THE EFFECTS OF LEGISLATIVE CHANGES ON THE INFORMATIONAL-ACCOUNTING SYSTEM IN EDUCATIONAL INSTITUTIONS IN ROMANIA

Abstract

Just like in the private environment, accounting information from the public sector in general and from educational institutions in particular, is of interest to a multitude of users, is the basis of decision-making in this sector and is considered important and essential for the smooth running of the activity. Improving the quality of information provided by public accounting was and is a priority for the authorities. Precisely for this reason, lately, the accounting of the public sector and implicitly the accounting of educational institutions have been subject to numerous legislative changes, which had as their starting point the International Standards for Public Accounting and accrual accounting. Thus, this research aims to highlight the main international and national regulations with a direct impact on public accounting in educational institutions in Romania, as well as the effects of these legislative changes on the accounting information system in educational institutions.

Keywords

• ipsas
• accounting information system
• legislation
• public accounting