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Irina Chirileasa
Media & Marketing Account Executive

Irina graduated from Romano – Americana University in Bucharest with a Marketing degree. A free spirit and open minded, fashion design enthusiast, classical and electronic music lover, she always looks for persons and things that inspire her. She is currently working as Media Projects Coordinator for Romania-Insider.com, mainly in charge of advertising campaigns management, media partnerships, client communication and other media projects. Get in touch with her by emailing [email protected]

(P) Tax Flash: Accounting reporting system in Romania

Order of the Minister of Public Finances no. 2234/2011 regarding the approval of the Accounting reporting system as at 30 June 2011 for the economic operators

The Accounting reporting system as at 30 June 2011 is applicable to the entities subject to the Accounting regulations conformant with the Fourth Directive of the European Economic Communities, approved by the Order of the minister of public finances no. 3055/2009, which recorded in the previous financial year a turnover exceeding the RON equivalent of EUR 35,000. This threshold is computed using the exchange rate published by the National Bank of Romania, valid at the end date of the previous financial year.

The economic operators that did not perform any activities from the date of establishment until 30 June 2011, the ones which were in temporary inactivity during the entire semester I 2011 as well as the legal entities undergoing liquidation, according to the law, do not prepare accounting reports as at 30 June 2011.

The Order approves the layout and the preparation norms of the accounting reports as at 30 June 2010 for the economic operators.

The accounting reports cover the period 1 January – 30 June 2011, also for the entities that have chosen a financial year different from the calendar year.

The accounting reports as at 30 June 2011 shall be filed with the territorial units of the Ministry of Public Finances no later than 16 August 2011.

By Venkatesh Srinivasan, Partner – Head of Tax and Legal, Ernst & Young Romania

(P) – this article is an advertorial

 

 

 


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Profile picture for user irina.chiri
Irina Chirileasa
Media & Marketing Account Executive

Irina graduated from Romano – Americana University in Bucharest with a Marketing degree. A free spirit and open minded, fashion design enthusiast, classical and electronic music lover, she always looks for persons and things that inspire her. She is currently working as Media Projects Coordinator for Romania-Insider.com, mainly in charge of advertising campaigns management, media partnerships, client communication and other media projects. Get in touch with her by emailing [email protected]

(P) Tax Flash: Accounting reporting system in Romania

Order of the Minister of Public Finances no. 2234/2011 regarding the approval of the Accounting reporting system as at 30 June 2011 for the economic operators

The Accounting reporting system as at 30 June 2011 is applicable to the entities subject to the Accounting regulations conformant with the Fourth Directive of the European Economic Communities, approved by the Order of the minister of public finances no. 3055/2009, which recorded in the previous financial year a turnover exceeding the RON equivalent of EUR 35,000. This threshold is computed using the exchange rate published by the National Bank of Romania, valid at the end date of the previous financial year.

The economic operators that did not perform any activities from the date of establishment until 30 June 2011, the ones which were in temporary inactivity during the entire semester I 2011 as well as the legal entities undergoing liquidation, according to the law, do not prepare accounting reports as at 30 June 2011.

The Order approves the layout and the preparation norms of the accounting reports as at 30 June 2010 for the economic operators.

The accounting reports cover the period 1 January – 30 June 2011, also for the entities that have chosen a financial year different from the calendar year.

The accounting reports as at 30 June 2011 shall be filed with the territorial units of the Ministry of Public Finances no later than 16 August 2011.

By Venkatesh Srinivasan, Partner – Head of Tax and Legal, Ernst & Young Romania

(P) – this article is an advertorial

 

 

 


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