Economy’s globalization supposes the attraction of investments on the financial market from all over the world, that is why it is necesary that enterprises financial statements be drawn up in accordance with the same norms. The operations of the International Accounting Standards Board (IASB) comprises the elaboration of general accounting norms for the purpose of uniting accountants from all over the world.Domestic accounting faces a series of problems in the process of transition to International Standards of Financial Reporting and especially: • revision of present National Accounting Standards; • lack of evaluation standards; • small bussines sector; • non recognition by fiscal legislation of evaluating results.