What is “ForExeBug”

This chapter illustrates some aspects regarding the financial-accounting activity in the Romanian public system and obtaining a more realistic image of the financial reporting for the entities of the public system. The objectives of this chapter are to conduct an analysis on the implementation of financial reporting in the Romanian public sector in accordance with the requirements of International Public Sector Accounting Standards, which should include increased transparency and coherence, comparability of financial information, improved decision making, as well as the correct and real management of all approach arising therefrom. The issues presented by the author are based on the local and international specialized literature and university and specialized studies related to the treated topic. Thus, through the contribution brought, a new theoretical-empirical framework is created, which facilitates the identification of new ideas, themes, and debates of the aspects related to the financial-accounting reporting.