INTERFERENCE OF ACCOUNTING POLICIES WITH FISCAL POLICIES IN THE CONTEXT OF THE APPLICATION OF IFRSS

Specialists in the field of economics, technology and knowledge of the activity of the reporting economic entity must be involved in the development of accounting policies. Accounting policies must also be developed in connection with the specifics of the entity's activities and strategies, in accordance with the legal provisions in force (currently OMFP 1.802 / 2014 harmonized with European Directives and IFRSs). In the current context, the accounting policies of the reporting economic entity should take into account the tax effects generated as a result of the correction of errors from other prior periods and are treated in accordance with the provisions of IAS 12 "Income Taxes".