Financial reporting aims at presenting systems, principles, methods and techniques of organizing and managing accounting in the conditions of pluralism of property and patrimony management. In order to increase its steps towards integration into the European Union, the Republic of Moldova, at the present stage, undertakes measures of correspondence, harmonization and collaboration of all the systems: economic-financial, sociopolitical, cultural etc. Through this article we intend to highlight the stage of preparation of the Moldovan entities in terms of financial reporting, which are the main perspectives and at the same time issues related to financial reporting and what is Moldova doing today to get closer more than the provisions of IFRS.