Accounting innovations regarding tangible fixed assets in the context of nas changes: realities and expectations

Abstract

In the last decade, Moldovan accounting has been part of an extensive process of harmonization with the European and international accounting bodies, largely determined by the phenomena of globalization of financial markets, but also by the commitment to transpose the Community framework into national law. , assumed by the Association Agreement Republic of Moldova - European Union and National Action Plans for the implementation of the agreement. Thus, through the Order of the Minister of Finance no. 48 / 12.03.2019, the Ministry of Finance has endeavoured to harmonize the Moldovan accounting system with Directive 2013/34 / EU of the European Parliament and of the Council of 26 June 2013 and with the International Financial Reporting Standards. The article aims to analyse and highlight the accounting changes applicable to tangible assets introduced with the modification of the NAS. The main purpose of the analysis is to investigate the type of changes and to verify that the NAS changes applicable to tangible assets are innovations in Moldovan accounting engineering. The article followed a methodological strategy that can be framed in classical research patterns, by combining the theoretical approach with the empirical approach of the research problem. As a theoretical research technique was used the documentary research of the normative framework, of the specialized literature in the country, the interpretations of the specialists, as well as a series of published materials. All the information and ideas that emerged from the theoretical documentation led to an empirical research. In the empirical research, several hypotheses have been formulated to verify whether the changes applicable to the tangible assets introduced by the modification of the NAS constitute accounting innovations. The obtained results highlighted the accounting novelties applicable to the tangible assets from January 1, 2020, as well as contributed to the validation of the hypotheses. JEL: M41.