eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01 15 148 595 604 10.20869/AUDITF/2017/148/595 9553 article Ionela-Corina Chersan corina.chersan.macovei@gmail.com 24 Alexandru Ioan Cuza University, Iași The paper aims to analyze the state of the accounting research in Romania, as compared to the other countries in Eastern Europe, as well as to identify the causes of the observed situation and its possible deviations in the research activity, respectively in the field of research evaluation. The Scimago database was used to carry out the research, which allowed the analysis of Romania's position in Eastern Europe in terms of the number of published articles, average number of article quotes and self-citations. The study of the specialized literature and the direct knowledge of some aspects specific to the Romanian academic life allowed to identify possible causes of the current situation, and also some behaviors, not always normal, generated by the enforcement of certain criteria for the occupation of didactic functions without a sufficient analysis of the Romanian realities, and even without any care to restore the traditional social role of the universities. http://revista.cafr.ro/temp/Article_9553.pdf research evaluation bibliometric citations analysis Scopus Scimago eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01 15 148 605 612 10.20869/AUDITF/2017/148/605 9554 article Maria-Silvia Sandulescu maria.sandulescu@cig.ase.ro 23 Bucharest University of Economic Studies The purpose of this paper is to perform a review of the international literature regarding impression management by presenting the inherent strategies and their potential impact on the users of accounting information. The concept involves creating a favorable image regarding the financial performance of the company and using it in order to manipulate the decisions of the users of accounting information. The persuasion within corporate narratives overrules the fundamental characteristic of information, namely faithful representation. Consequently, knowing the impression management strategies facilitates their identification and lowers their efficiency and negative effects. As a result, the present study analyzes the main research papers published from 2000 to 2015 in an international background that investigates the impression management concept. Finally, future research opportunities are identified. http://revista.cafr.ro/temp/Article_9554.pdf Impression management manipulation financial performance users of accounting information eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01 15 148 613 627 10.20869/AUDITF/2017/148/613 9555 article Alina Bratu alina.bratu1605@gmail.com 22 Bucharest University of Economic Studies Integrated reporting is a practice which seeks to communicate an organization’s value through a holistic picture integrating both financial and non-financial information. This process is in its incipient phase, with many companies unsure of how prepare a truly integrated report. With the aim of providing a better understanding on integrated reporting and its benefits, a common framework, was developed by The International Integrated Reporting Committee (IIRC). The main objective of this paper is to assess the compliance level of the integrated reports published for 2015 by the European companies which have adopted the initiative, with the IIRC Framework suggestions regarding its Guiding Principles. This research was carried out by using a content analysis and scoring based methodology. The results reveal that the companies are in different stages regarding the conformity with the IIRC requirements. Moreover, some companies analyzed in this study are in the vanguard of the initiative whereas others produce “combined” rather than “integrated” reports. This research contributes to relevant literature by analyzing the post IIRC Framework publication period, as it studies integrated or annual reports published for the 2015 fiscal year. http://revista.cafr.ro/temp/Article_9555.pdf Integrated reporting IIRC Framework Guiding Principles Content analysis Scoring. eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01 15 148 628 643 10.20869/AUDITF/2017/148/628 9556 article Sorin Domnisoru domnisorusorin@yahoo.com 21 Radu Ogarca rfogarca@yahoo.com 21 Isabela Dragomir isabela_dragomir@yahoo.com 21 University of Craiova The paper proposes investigating the relationship between the organizational culture and internal control. The approach is a qualitative, constructive one. There is asserted and argued the thesis according to which between the two elements there is a one-to-one relationship, going on up to an extended overlapping between the organizational culture and the internal control environment. Though, our work emphasizes also the potential differences and distortions which may appear within the organizational activity between these important elements. The identification of several factors which may enhance the synergy between the organizational culture and internal control, respectively the description of possible entities, processes and organizational relationships through which there could be made corrections and reciprocal adjustments between the two elements are the main results of the present research, with theoretical importance for the scientific and practical research for the organizational management and audit. http://revista.cafr.ro/temp/Article_9556.pdf Organizational culture internal control management control environment eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01 15 148 644 654 10.20869/AUDITF/2017/148/644 9557 article The importance of financial literacy has increased due to factors such as the development of new financial products, the complexity of instruments and financial markets, political changes, and economic factors. For this reason, considerable measures have been performed recently by people and organizations with scientific competencies such as the World Bank, in respect of introducing, evaluating, and improving the people’s financial literacy. Due to the importance of this concept, this research has been performed with the goal of evaluating the role of the financial literacy training in the participation ratio of small and medium-size enterprises in financial markets. The statistical population of this research is composed of small and medium-size companies activating in the industrial city of Rasht. For the data analysis, the Structural Equation Modelling was used, by the PLS method. The results show that the financial literacy training has a positive and significant impact on the financial literacy level, and also on the market participation. http://revista.cafr.ro/temp/Article_9557.pdf Financial Literacy Financial Training Market Participation eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01 15 148 655 666 10.20869/AUDITF/2017/148/655 9558 article Ramona Jurubita rjurubita@kpmg.com 20 Bucharest University of Economic Studies Taxation is today at the top of the agenda of international organizations, a reflection of governments’ intent to gather as many taxes as possible into their jurisdictions. There is an assumption that base erosion and profit shifting exists, carried out in some cases as a result of aggressive tax planning or, in other cases, as a result of the lack of coherence of the tax systems of various jurisdictions. There is an estimation that countries worldwide lose taxable income equivalent to between 4% and 10% of global revenues from corporate income tax. The Romanian ICT business is generating significant profits. This paper intends to analyze the information technology sector, in which businesses are rapidly growing, in line with technology for all sectors of activity and in line with the EU’s strategy for promoting and supporting innovation. The objective of this paper is to analyze how the ICT sector may be affected by the new approach of allocating profits to various jurisdictions and how R&D activities may also need to be reanalyzed, in terms of fees charged between multinationals. Romania can be proud of its ICT professionals and the business generating profits in the sector. The author has also analyzed how other countries may benefit from profits from international transactions carried out in the sector and how Romania can continue to support it. http://revista.cafr.ro/temp/Article_9558.pdf OECD BEPS ICT R&D transfer pricing substance value added know-how innovation taxable profits eng Chamber of Financial Auditors of Romania Audit Financiar 18448801 2017-11-01