The history of accounting and the evolution of its technique and of its objectives are linked to the development of trade and industry. It can be defined as an information management system over the economic and financial situation of the company. The end objective of accounting is to make available to the customers the information which is needed to take decisions and to report the results achieved during a given period in order to monitor the past performance and to make projections for the future, so that decisions can be taken with rationality and efficiency.

Beside other consequences, an incorrect or not adequate maintenance by the company of the accounting obligations, could result in punishing consequences of different nature and can affect the decision about the most adequate fiscal policy to be taken. It can also provide an untrue vision of the real company situation and in particular of its financial standing. To eliminate this potential problems, it is important that the services rendered to the company include a high degree of reliability in the following aspect:

• General consulting to the company in the area of accounting, adapting it to the General Accounting Plan and to the legal obligations imposed by the Code of Trade.

• Implementation of the company accounting system in compliance with fiscal requirements, setting up official accounting books and auxiliary books, as required.

• Consulting about the company accounting policy for fiscal purposes.

• Setting-up of the accounting coding system.

• Updating and daily keeping of the company accounting books.

• Establishment of the periodical and yearly closure balance sheets.

• Legalization of the official books of trade.