ACCOUNTING
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Azets Insight Revenue Down In 2025, Its First Decline After 13 Years Of Growth
The revenue of Azets Insight, the Sibiu-based company of the Azets accounting and payroll service group, fell by 1.7% in 2025 to RON99.9 million (EUR19.8 million), and net profit went down by 31.6% to RON3.4 million (EUR683,000), according to its filings with...
SMEs Minister Says 600,000 Economic Operators Will Benefit From Simplified Bookkeeping Rules
Around 600,000 economic operators will benefit from simplified bookkeeping regulations starting January 2015, under amendments to Romanian accounting laws, SMEs Minister Florin Jianu said Th...
Accounting
Changes in Romanian accounting rules over the last few years have moved Romanian accounting closer to International Financial Reporting Standards (IFRS), although there are still some signif...
The Truth About The Government’s New Investments: They Were Down 60% In H1
The long-awaited new investments financed and accepted as completed by the government in the first half of this year, which should have given the economy a boost, actually dropped by almost...
Small Companies May Opt For Simple Accounting System This Year
Romanian companies with sales and assets lower than EUR35,000 may opt for a simplified accounting system starting with the 2011 fiscal year, says a draft order by the Ministry of Public Fina...
New Accounting Law To Bring "Informal" Accountants Out Into The Open
The new accounting law, modified through a government emergency ordinance, for the first time makes a clear distinction between organizing and keeping the books, versus doing more advanced r...