ACCOUNTING KNOWLEDGE: DECISION SUPPORT IN FORESTRY

The accountancy provides knowledge which can help managers make decisions about economic efficiency. This paper introduces few accounting instruments whose practical applications provide necessary knowledge for decision-making process, with the usage of concrete examples from forestry. The essay proposes ways of transforming accounting information into necessary knowledge for managers to make informed decisions, using calculation of profitability indicators, cost indicators, financial and economic analysis, financial administration accounting tools, cash-flow and budget. The writing bring forward, also, new research in the field of forest management decision support systems.

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Year of publication:	2010
Authors:	Ph.D Student Postolache (Males) Daniela
Published in:	Revista Tinerilor Economisti (The Young Economists Journal). - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1583-9982. - Vol. 1.2010, 14, p. 55-60
Publisher:	Facultatea de Economie şi Administrarea Afacerilor
Subject:	managerial accounting \| knowledge-based systems \| forestry accounting systems \| forestry decision \| decision support systems

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Extent:	application/pdf
Type of publication:	Article
Classification:	D61 - Allocative Efficiency; Cost-Benefit Analysis ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; M15 - IT Management ; M41 - Accounting ; G17 - Financial Forecasting ; Q23 - Forestry
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008462769