{"id":11768,"date":"2026-08-04T21:23:16","date_gmt":"2026-08-04T19:23:16","guid":{"rendered":"https:\/\/anale.steconomiceuoradea.ro\/en\/?p=11768"},"modified":"2026-08-04T21:23:16","modified_gmt":"2026-08-04T19:23:16","slug":"correlations-between-financial-audit-and-romanian-taxation","status":"publish","type":"post","link":"https:\/\/anale.steconomiceuoradea.ro\/en\/2026\/08\/04\/correlations-between-financial-audit-and-romanian-taxation\/","title":{"rendered":"CORRELATIONS BETWEEN FINANCIAL AUDIT AND ROMANIAN TAXATION"},"content":{"rendered":"<p><strong>CORRELATIONS BETWEEN FINANCIAL AUDIT AND ROMANIAN TAXATION<\/strong><\/p>\n<p>Ioan Dan MORAR, Ioan C\u0103lin MORAR<\/p>\n<p><em>\u00b9 Department of Finance and Accounting, Faculty of Economic Sciences, University of Oradea, Oradea, Romania<\/em><\/p>\n<p><em>\u00b2 Master\u2019s degree in Organizational Sciences, Finance \u2013 Audit and Financial Advisory, Universit\u00e9 Paris Dauphine-PSL, Paris, France<\/em><\/p>\n<p><em><u>morar_id@yahoo.com;<\/u><\/em><\/p>\n<p><em><u>cimorar21@gmail.com<\/u><\/em><\/p>\n<p><strong><em>Abstract: <\/em><\/strong><em>This paper examines the correlations between financial audit and the Romanian tax system, from both an institutional and an applied perspective. The financial auditor does not replace the tax inspector; the auditor certifies the accuracy of financial reporting and, implicitly, the correctness of the computation and recognition of tax liabilities in the financial statements. Starting from the national regulatory framework \u2013 the Fiscal Code, the Fiscal Procedure Code, the Accounting Law and the legislation on statutory audit \u2013 the paper analyses the complementary roles of ANAF and ASPAAS and identifies the tax indicators with the highest relevance in planning and performing the statutory audit: the degree of timely settlement of tax liabilities, outstanding tax obligations, the ratio between corporate income tax and accounting profit, the share of value added tax in turnover, adjustments resulting from tax inspections and the frequency of changes in the tax policies applied. The analysis is placed in the context of Romania\u2019s fiscal position in 2025-2026: the highest budget deficit in the European Union, rising public debt and one of the lowest tax-to-GDP ratios among Member States. The results support the conclusion that the systematic monitoring of tax indicators strengthens audit risk assessment and increases the credibility of financial statements.<\/em><\/p>\n<p><strong><em>Keywords: <\/em><\/strong><em>financial audit; taxation; tax compliance; fiscal risk; budget deficit; Romania.<\/em><\/p>\n<p><strong><em>JEL Classification: <\/em><\/strong><em>H20; H62; H83; M42.<\/em><\/p>\n<p><a href=\"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-content\/uploads\/2026\/08\/39_Morar.pdf\">Download article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORRELATIONS BETWEEN FINANCIAL AUDIT AND ROMANIAN TAXATION Ioan Dan MORAR, Ioan C\u0103lin MORAR \u00b9 Department of Finance and Accounting, Faculty of Economic Sciences, University of Oradea, Oradea, Romania \u00b2 Master\u2019s degree in Organizational Sciences, Finance \u2013 Audit and Financial Advisory, Universit\u00e9 Paris Dauphine-PSL, Paris, France morar_id@yahoo.com; cimorar21@gmail.com Abstract: This paper examines the correlations between financial [&hellip;]<\/p>\n","protected":false},"author":123465,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3c4cf-33O","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/11768"}],"collection":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/users\/123465"}],"replies":[{"embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/comments?post=11768"}],"version-history":[{"count":1,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/11768\/revisions"}],"predecessor-version":[{"id":11772,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/posts\/11768\/revisions\/11772"}],"wp:attachment":[{"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/media?parent=11768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/categories?post=11768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anale.steconomiceuoradea.ro\/en\/wp-json\/wp\/v2\/tags?post=11768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}