Evolution of accounting in moldova: Some reflections about the importance of historical and cultural factors

Abstract

Purpose

The Republic of Moldova is a small country between Romania and Ukraine, which for more than 20 years since its independence, is still experiencing a painful process of economic and institutional reforms. The chapter provides, against a review of literature and national regulations, an analysis and possible perspectives of accounting harmonization processes in relation to historical and cultural preconditions.

Approach/methodology

Based on content analysis of national regulations and economic conditions in the Republic of Moldova, with the support of a literature review.

Findings

Our findings demonstrate that some features related to mentality, which have been formed as a result of long term political and cultural closeness and negation of individualistic and independent thinking values, are determining many contemporaneous changes in all spheres, including accounting.

Originality/scientific value

There are very few publications about accounting processes in the Republic of Moldova. It is important to analyze the case of the Republic of Moldova in the context of accounting transformation in post-Soviet countries, as almost all of them have similar historical and cultural implications. The research results may be useful for further studies about accounting evolution in post-communist states and also in the Republic of Moldova itself.

Citation

Alexander, D. and Ghedrovici, O. (2013), "Evolution of accounting in moldova: Some reflections about the importance of historical and cultural factors", Accounting in Central and Eastern Europe (Research in Accounting in Emerging Economies, Vol. 13), Emerald Group Publishing Limited, Leeds, pp. 121-142. https://doi.org/10.1108/S1479-3563(2013)0000013010