pierderile

Pierderile is the Romanian term for losses, referring to negative financial outcomes where expenses or impairment exceed revenues or gains. In a business context, pierderile appear on the income statement as a net loss for a period and reduce equity when sustained over time. The term can describe operational losses (when the core business costs exceed operating revenues), impairment losses (write-downs of assets when their recoverable amount falls below carrying value), or capital losses (losses on the disposal of investments or fixed assets). Losses can also be described as fiscal or tax losses, which arise for tax purposes and may be subject to rules allowing their carryforward or carryback to offset future or past profits, depending on the jurisdiction.

In accounting practice, losses are distinguished from negative cash flow: a net loss in accounting does not necessarily imply the company is short of cash in the short term. Conversely, cash losses occur when cash outflows exceed inflows, which can occur even if a company reports a net profit due to non-cash items or depreciation.

Management responses to pierderile typically include cost-cutting measures, revenue growth initiatives, asset divestitures, restructuring, or seeking external financing. Persistent losses can threaten solvency, affect creditworthiness, and prompt strategic changes or governance reviews.

In Romania and most jurisdictions, the recognition of pierderile and their tax treatment follow local accounting standards (such as IFRS or national GAAP) and tax codes, with specific rules on the deductibility and timing of losses.

See also: operating loss, impairment, tax loss carryforward, capital loss.