Main Article Content
Many countries of the former Soviet Union, including Moldova, are facing the challenge of building a strong economy that will lead to long-term economic stability. Like other former Soviet States, Moldova has had to undertake a total transition from a planned economy to a market economy. Economic reform in Moldova has been a slow, painful process with high unemployment rates. During the past 10 years, Moldova has made significant economic reforms, but much is yet to be accomplished. The purpose of this paper is to examine the accounting reforms that have taken place in the Republic of Moldova since 1991, when they declared their independence from the former Soviet Union. This paper will present background information on the Republic of Moldova, and examine the objectives of accounting reform, accounting practice reforms, and accounting education reforms.