EVOLUTION IN TIME OF AN ECONOMIC ENTITY’S PERFORMANCE
Regardless of the age or profession, we are all part of economic life. As consumers, we look for those combinations of goods and services that ensure the best way to meet our needs, depending on the volume of one’s available resources.The purpose of the theoretical and practical research is to provide relevant scientific findings to help improve the relationship between the creator and the user of the accounting information, to improve financial reporting and to increase its relevance, accuracy and understanding of the information contained in financial statements. Accounting information stays is the basis of the decisionmaking process. It is defined as consisting of ideas about the past, depending on which management decisions of an economic entity are made and helps managers take decisions and the right measures in the future. Accounting information plays an important role in the manager’s decisions during the life cycle of any entity operating on the marketplace.
Year of publication: |
2012
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Authors: | Cornean, Andra ; Bufan, Ioana |
Published in: |
Annals of University of Craiova - Economic Sciences Series. - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1223-365X. - Vol. 1.2012, 40, p. 112-115
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Publisher: |
Facultatea de Economie şi Administrarea Afacerilor |
Subject: | accounting information | performance | economic decisions | economic entities | economic factors |
Saved in:
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