The purpose of this paper is to realize a comparative analysis of the internal banking control and internal audit, based on the Romanian banking system case. We identify the main differences and similarities between internal control and internal audit at the level of Romanian banks. Using national regulatory framework and active banks' from Romanian behavior, we find evidence of the risk-based audit approach and the solid interdependence between the banking internal control and banking internal audit.

In this paper we have investigated the impact on FDI of different factors, at quarterly and annual frequency, as reflected by economic variables (GDP, labour cost), market variables indicating country risk perception (equity markets volatility, CDS), economic sentiment and confidence indicators (computed by the European Commission) and investor perception indicators (various measures of transparency, public sector governance and accountability, political stability, law enforcement and control of corruption computed by the World Bank). Our analysis was done for ten developing European economies, using a stepwise panel regression approach and a one-lag panel VAR. Our main results confirm the effect of GDP and labour cost on Net FDI that were also identified previously. Also, we found a significant influence from CDS prices, which is aligned with previous findings on the influence of credit ratings. At the same time, our results showed a statistically significant influence on

One of the most significant problems in economic domain is the dispose of human preference and choice forecasting. Recently, the economists have focused their researches to use the fuzzy concepts and the artificial learning procedures in the theory of economic choice. This paper extends the work done in this direction and offers a new algorithm for finding the matrix representation of the fuzzy binary relation which describes a preference relation.

The purpose of this paper is to survey the going concern principle and its application in auditor's work. The management of an entity is responsible for the assumption of the going concern principle in the compilation of the financial statements. We study the auditor's responsibilities in the audit of the financial statements relating to management's use of the going concern assumption in the preparation of the financial statements. We analyze the events and conditions that may cause significant doubt about the ability of an entity to continue as a going concern.

General assumption of this study is that the banks performance represents their ability to generate sustainable profitability and that banks' profitability is one important issue of contemporary banking field, grace to its role in emphasizing of the financial soundness of banks, abreast to others indicators regarding to the capital adequacy or assets quality. The paper examines how is affected banking profitability (expressed through traditional measures of performance ROA -Return on Assets and ROE -Return on Equity) by the CRR Credit risk ratio in Romanian banking system during March 2008 -June 2013. We developed two regression models in order to study the dependence between mentioned variables. We found that ROA and ROE vary each of them depending on the CRR Credit risk ratio, which is expressed as the ratio of gross value of exposure to loans and related interest under "doubtful" and "loss" to total classified loans and related interest pertaining to non-bank loans, off-balance sheet items excluded.