Volume 7, Issue 5, September 2019, Page: 136-145
Analysis of the Statement of Stockholdersʼ Equity in the Context of an Institutional Platform for Small Business Sector of the Republic of Moldova
Irina Golochalova, Department of Accounting and Economic Informatics, Moldova State University, Chisinau, Republic of Moldova
Received: Aug. 11, 2019;       Accepted: Sep. 5, 2019;       Published: Sep. 19, 2019
DOI: 10.11648/j.jfa.20190705.12      View  104      Downloads  53
Abstract
Small business sector dominates in the Moldavian economy. In order to support and further develop this sector in Republic of Moldova the institutional platform was formed and implemented. The efficiency of that institutional platform, however, must be judged by the context of financial result, which is accounted by means of a financial statement. According to modern accounting methodology – methodology of International Financial Reporting Standards (IFRS) the purpose of financial reporting is the presentation of useful information to a wide range of users to make managerial decisions. The users primarily consist of owners (shareholders and investors) who are interested in information about social capital changing. The study aims at establishing the correspondence between conceptual space of accounting and financial reporting system for Small and Medium-Sized Enterprises (SMEs) in the Republic of Moldova and requirements of the modern accounting methodology in the in the context of transition to an innovative development path. In the paper we paid attention to the review of the Statement of Stockholders’ Equity, which was carried out in the following stages: General characteristics of its structure in the system of Financial Statement of the Republic of Moldova; Analysis of the conceptual basis and evolution of its model; Disclosure of its peculiarities as a form reporting the financial statement system in the Republic of Moldova.
Keywords
Small and Medium-sized Enterprises, Law of Accounting of Moldova, Modern Accounting Methodology, The Economic and Legal Approaches, Financial Statement, Statement of Stockholders, Equity
To cite this article
Irina Golochalova, Analysis of the Statement of Stockholdersʼ Equity in the Context of an Institutional Platform for Small Business Sector of the Republic of Moldova, Journal of Finance and Accounting. Vol. 7, No. 5, 2019, pp. 136-145. doi: 10.11648/j.jfa.20190705.12
Copyright
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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