摘要：AbstractIPSAS appliance gives public law entities a greater significance due to the comparability with the general accounting regulat ions, recognized internationally for reporting annual accounts. A greater transparency raises the quality of fin ancial management, facilitates the relationships with funders and simplifies communication with the wide public interested in Romania's economy. Some of the accounting activities from the public sector do not provide an insight into the real situation of a ssets, finances and incomes (a real and clear image). This makes it difficult to evaluate accounting systems for the wide public and politicians. The introduction of IPSAS in public accounting in Romania provides assistance through uniform standards.Public management represents the basis for effective control and monitoring processes in public administration. IPSAS helps public management to improve the quality of financial information, simplifies the internal and monitoring control of public institutions and adds value to the financial information regarding economic profitability.The authors aim to present in a comparative way the status of implementing international accounting standards in public and private sector of activity of the state.
关键词：Annual accounts;Financial and administrative assets;Uniform accounting system
