One of the primary expert accountant activities carried out over more than 90 years of existence of the Romanian accounting profession, is represented by accounting valuation missions commissioned by judiciary bodies or requested by natural or legal persons, under the provisions of the law, i.e. valuation missions by request, judiciary accounting valuation in civil, criminal or labour-related cases, management valuation, governance valuation, financial and accounting, fiscal and other valuation
Expert valuation is, essentially, a personal and critical investigation, that comprises not only the examination of facts from the point of view of formal and material correctness, but also the expert’s opinion regarding the causes and the effects related to the object of the valuation.
The Body of Expert and Licensed Accountants of Romania, that, according to the law, guarantees the proper performance of the expert accountant activity, has established the professional regulation of this primary activity, by developing the Professional Standard no.35: Accounting valuation that, together with the Application Guide and the General primary standards applicable to all expert accountant missions, can be found in this paper, on its 6th edition.
This work can be purchased by all interested persons through CECCAR’s territorial branches.
