https://irek.ase.md:443/xmlui/handle/1234567890/1314 2026-04-17T10:23:21Z https://irek.ase.md:443/xmlui/handle/123456789/4227 The Reforms Brought by IFRS 17 and their Effects on Financial Sustainability in the Insurance Industry Măgan (Ancuța), Ramona Melania; Hlaciuc, Elena IFRS 17 has introduced a fundamental change in the way insurance companies recognise and measure contracts, with significant implications for financial sustainability. While the main purpose of IFRS 17 is to increase the transparency and comparability of financial statements, it may also impact the long-term sustainability of the insurance sector. This article examines how the application of IFRS 17 can contribute to greater social and environmental responsibility among insurers, supporting the integration of ESG (environmental, social and governance) principles into their risk management strategies and financial models. The results highlight that, despite the challenges, the new standard can lead to a more stable, predictable and future-oriented insurance industry. UDC: [657:006.32]:368.021; JEL: M41 MĂGAN (ANCUȚA), Ramona Melania and Elena HLACIUC. The Reforms Brought by IFRS 17 and their Effects on Financial Sustainability in the Insurance Industry. Online. In: Development Through Research and Innovation IDSC-2025: International Scientific Conference: The 6th Edition, May 16th, 2025: Collection of scientific articles. Chişinău: SEP ASEM, 2025, pp. 347-352. ISBN 978-9975-168-26-7 (PDF). Disponibil: https://doi.org/10.53486/dri2025.43 2025-05-01T00:00:00Z https://irek.ase.md:443/xmlui/handle/123456789/4226 Trends in the Economic Environment – Management Accounting Țârău, Alexandra This paper explores the impact of digitalization on management accounting in the context of a changing economic environment. Emphasis is placed on how modern technologies improve decision-making processes through better data access and integration. The research uses a systematic literature review and qualitative analysis to identify key opportunities and challenges that digitalization brings to managerial accounting. UDC: 657.1:005.53; JEL: M41 ȚÂRĂU, Alexandra. Trends in the Economic Environment – Management Accounting. Online. In: Development Through Research and Innovation IDSC-2025: International Scientific Conference: The 6th Edition, May 16th, 2025: Collection of scientific articles. Chişinău: SEP ASEM, 2025, pp. 341-346. ISBN 978-9975-168-26-7 (PDF). Disponibil: https://doi.org/10.53486/dri2025.42 2025-05-01T00:00:00Z https://irek.ase.md:443/xmlui/handle/123456789/4225 Cryptocurrencies, Web 3.0, Artificial Intelligence — towards a New Philosophy of Money? Zakota, Zoltan; Fandly, Marius Computers and computing technology underwent unimaginable development in the second half of the last century, but all of this pales in comparison to what happened after the turn of the millennium. The 21st century, so far, showcased an unprecedented rise of new developments, like cryptocurrencies, Web 3.0, and artificial intelligence (AI), which besides turning our everyday life upside down, changed fundamentally the way we think about money and finances in general. Of all these, the most spectacular journey has been taken by AI, which after a humble beginning and a setback, is now practically conquering every facet of our lives. These three fiercely advanced technologies are now forcing us to reconsider ideas we have taken for granted for centuries or even millennia, such as the meaning of value in societies, the way trust operates in economies, or the role played by people in all of these processes. One of the most important tools that has been associated with these issues for a long time, partly expressing them, is money. Until less than two decades ago, the concept of money was traditionally linked to centralized institutions, like governments and banks, or even something more abstract like the gold standard. Money was also supposed to be neutral, a means to facilitate the exchange of goods and services or to serve capitalisation, but nowadays, with blockchains and programmable tokens, we are witnessing a radical shift in the core structure of finances. The effective functioning of a society requires that there be strong bonds of trust between its parts and individuals, and one of the most important of these is trust in money. Once being placed mostly in institutions, trust in money is turning now towards bare computer code, allowing people to enter into transactions directly with each other, without intermediaries. Web 3.0 is promoting the concomitant ideas of tokenization and decentralized control, which are shaking up older assumptions about ownership and identity. In such systems, where people can act pseudonymously, or even anonymously, value is being generated and exchanged in ways that radically differ from prior economic models. The third factor is the fulminant upheaval of AI, which adds another strange layer by fuelling machines that are now participating in economic systems, not just as tools but as creators or manipulators of value. That generates many difficult questions about who is doing the labour, who is responsible when an AI makes a decision, or what does authorship even mean. Thus, we are dealing with something bigger than just simple financial innovation, because these new technologies are reshaping the whole ecosystem in which people coexists with money. The once clear borders between work and automation, between value and information, between the individual and the system, are now getting blurry. It makes you wonder whether value is something inherent or just something conventional, or maybe even something that can be coded into existence. Our paper is a brief attempt to discern some of these paradigmatic shifts and the new kinds of philosophical questions they raise. We do not provide answers, we just try to line out how the scene is changing, and how money—once thought of as a stable, practical matter—is becoming something far more abstract, more fluid, and more tightly linked to the digital structures that increasingly shape how we live. UDC: [336.747.5:004.056.55]:004.89; JEL: B260 ZAKOTA, Zoltan and Marius FANDLY. Cryptocurrencies, Web 3.0, Artificial Intelligence — towards a New Philosophy of Money? Online. In: Development Through Research and Innovation IDSC-2025: International Scientific Conference: The 6th Edition, May 16th, 2025: Collection of scientific articles. Chişinău: SEP ASEM, 2025, pp. 332-339. ISBN 978-9975-168-26-7 (PDF). Disponibil: https://doi.org/10.53486/dri2025.41 2025-05-01T00:00:00Z https://irek.ase.md:443/xmlui/handle/123456789/4224 Financial Literacy, Education and Inclusion: Interconnections and their Impact on Economic and Social Development Stroia (Strian), Adina Nicoleta This paper explores the correspondence between financial literacy, financial education, and financial inclusion, as well as the impact these interdependent concepts have on economic and social development. The research was structured into three main stages: a theoretical analysis of the concepts, quantitative research for testing the formulated hypotheses, and qualitative research to deepen the understanding of perceptions regarding the studied phenomenon. The results highlight that financial literacy provides the necessary foundations for individuals to understand basic financial concepts and make informed financial decisions. Financial education extends this understanding by developing advanced financial skills that enable individuals to apply financial concepts in complex contexts. Similarly, financial inclusion relies on financial literacy and financial education to ensure equitable access to financial services and to support the full integration of all individuals into the financial system. Thus, financial literacy, financial education, and financial inclusion are three fundamental, closely interconnected concepts that play an essential role in improving the economic well-being of individuals and society. While financial literacy forms the basis of the essential knowledge required for financial management, financial education builds upon this knowledge and develops advanced financial skills. Financial inclusion is a direct outcome of these processes, ensuring fair access to financial services and promoting a more balanced and sustainable economic system. The study emphasizes the importance of integrating these dimensions into public policies and sustainable development strategies. UDC: 37.035:336; JEL: G17, G32, G40, G50, G51, G52, G53, G59G17, G32, G40, G50, G51, G52, G53, G59 STROIA (STRIAN), Adina Nicoleta. Financial Literacy, Education and Inclusion: Interconnections and their Impact on Economic and Social Development. Online. In: Development Through Research and Innovation IDSC-2025: International Scientific Conference: The 6th Edition, May 16th, 2025: Collection of scientific articles. Chişinău: SEP ASEM, 2025, pp. 323-331. ISBN 978-9975-168-26-7 (PDF). Disponibil: https://doi.org/10.53486/dri2025.40 2025-05-01T00:00:00Z