Evaluarea ulterioară a stocurilor: teorie și practică

Abstract

The further evaluation is one of the stages of the accounting cycle, and it is applied to accounting of any accounting item. However, in the current context of entity development, also influenced by Covid-19, it is important to point out the importance of prudence in accounting by taking into account the depreciation of the stocks at the balance sheet date, especially of the stocks. The respect of the caution in the further evaluation of stocks aims to avoid the risk of a transfer in the future periods of the present uncertainties likely to encumber the entity. The accounting treatment of the stock’s valuation regulates the Law on Accounting and Financial Reporting, SNC „Stocks”. Additional can be consulted IAS 2 “Stocks”. The topicality of the research topic is determined by the fact that the knowledge and the correct further evaluation of the stocks allows the impeccable appreciation of the results of the activity and, consequently, the obtaining of profits. The purpose of the research consists in the theoretical documentation of the further evaluation of stocks, resulting in the presentation of practical examples. We have used the following research tools and methods to achieve the research goal: the documentary method, based on the study of legislation and bibliographic sources, analysis, comparison, induction and deduction. The information provided by the standard indicates that at the reporting date, the stocks are valued at the lowest sum of the carrying amount determined on the basis of the current measurement method and the net realizable value. It has been established that the amount of any decrease in the value of the stocks up to the net realizable value is accounted as an increase in the current expenses and an increase in the adjustment for the depreciation of the stocks, so the accounting does not allow the retention of information reduction of stocks in reference sub-accounts of their synthetic accounting accounts. JEL: M41