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Vulnerabilities Of Financial And Accounting Information In Market Economy

Author

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  • Veronica Adriana Popescu

Abstract

It generally considered that an irony of or times, in a world where daily activities are being monitored by thousands of satellites and the use of informatics can be encountered at each and every step, enabling the process meant to gather, accumulate, transmit and modify an impressing amount of data, is that the precision of economic and financial data still remain tributary to the rapports' referential and to the techniques used in order to manipulate data. Nowadays, despite all the information sources, the financial and accounting information remain the most useful data, being able to reflect the economic activities and its results. All these aspects are very important not only for the managers of a company, but also for other entities, such as suppliers, clients, employees, investors, banks, state institutions and so on. The paper emphasizes several methods used in order to manipulate results, trying to identify the main vulnerabilities of the economic and financial information in general.

Suggested Citation

  • Veronica Adriana Popescu, 2006. "Vulnerabilities Of Financial And Accounting Information In Market Economy," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(8), pages 1-25.
  • Handle: RePEc:alu:journl:v:1:y:2006:i:8:p:25
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    File URL: http://oeconomica.uab.ro/upload/lucrari/820061/25.pdf
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    Cited by:

    1. Iuliana Cenar, 2020. "Perception, Regulation and Reality Regarding Provisions in Public Institutions Accounting in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 822-829, December.

    More about this item

    Keywords

    data; financial and accounting information.;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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