According to HG 905/2017, the employer has the obligation to prepare a personal file for each employee and to keep…
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Income recognition for construction works
According to OMFP 1802/2014, in the case of construction works, revenue recognition is made on the basis of the act…
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Transfer of goods according to OMFP 1802/2014
According to OMFP 1802/2014, assessing when an entity has transferred significant risks and rewards of ownership to the buyer requires…
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Night work
Night work is regulated by Law 53/2003 – Labour Code. Thus, Article 125 defines night work as work performed between…
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“Month of the father”
We remind you that the OUG no.164/2022 amending and supplementing the OUG no.111/2010 on the monthly allowance for raising children,…
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Recovery by the employer of undue holiday pay
It is often the case that the employee is entitled to full rest leave or more days than he/she…
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The VAloric INtrastat thresholds for 2024
The Order of the National Institute of Statistics (INS) no. 1539/2023 on the Intrastat value thresholds for the collection of…
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Recognition in the accounts of receivables taken over by assignment according to OMFP 1802
Receivables taken over by assignment are entered in the accounts at acquisition cost. (accounting item 461 ‘Sundry debtors’ = 462…
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Definition of an associated unit according to OMFP 1802
An associate is an entity in which another entity has an interest and over whose operating and financial policies the…
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The contract of enterprise
What options are available if a person’s expertise is needed but we don’t want to hire him/her under an individual…
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