As expected profound transformations that have occurred in last two to three decades such as: transition to a functioning market economy and the rule of law, democratic; increased integration and globalization inevitably implies reassessment of concepts of value and assimilation of new ones to allow more thorough analysis of contemporary economic phenomena and processes. In this context, theoretical and applied aspects of accounting taking heritage and economic activity becomes acuity, among them the concept of true and fair view was in vogue, especially in light of operational compatibility and effective EU-wide systems, such as the If the railway network.