In this article, the author tried to analyze the consequences of implementing IFRS in the activity of
entitiesin the cross-border region.In the states of the Siret - Prut - Dniester Euro region, including the Republic
of Moldova, both the World Bank and the International Monetary Fund have had a strong influence in the
process of implementing International Financial Reporting Standards (IFRS), by promoting them as models to
follow.
The process of globalization, characterized by the appearance of international business, by the
development of interstate relations and the creation of economic entities with transnational profile determines
the need to move to a common standardization and adaptation of economic phenomena to it.The implementation
of IFRS in the states of the Euro region Siret - Prut - Dniester is nothing more than a solution, a response of the
competent bodies in this regard, regarding the need and demand from economic actors.