Public Finances Crises Within The Countries Of Piigs Group
AbstractNowadays, the main problem of small firms is their low "survival". The limited access of small enterprises to reliable and well-prepared information about their condition and environment is one of the main reasons for this situation. It is known that such information determines the rationality of decisions and the effectiveness of achieving objectives which each company sets ahead. One of the key types of information used in management is financial information. From the perspective of further development of small businesses, diagnosing entrepreneurs’ information needs in this area is the very important issue. The fundamental source of financial information in the enterprise is the implemented and functioning accounting system. This system consists of methods, plans and procedures used for the identification, analysis, presentation and communication of the information about all phenomena related to corporate finance. In the Polish small enterprise sector there are four accounting systems related to the form of taxation chosen by the company. They have different details of recorded data and provided information. The main goal of the paper is to present results of the empirical research concerning information needs reported by managers of small enterprises in the context of accounting systems used in this sector. The research is aimed at verifying the two hypotheses. The first says that the accounting systems and entrepreneurs’ information needs are in close interdependence and the second claims that the Polish policy of accounting simplifications for small enterprises does not correspond with their information needs. The research was based on the questionnaire survey conducted among 1008 managers of small enterprises in Poland in mid. 2010. The presentation of the research results was preceded by a theoretical study, which consists of the definition of financial information together with the discussion of its role in enterprise management and the characteristics of accounting systems used in the small enterprise sector in Poland. The empirical research partially confirmed the hypothesis that information needs and the accounting system are interdependent. This relationship is stronger in the information support of the short-term management. The second hypothesis was verified as entirely positive. Accounting obligations for small enterprises are different in scope and capacity from their information needs.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Babes-Bolyai University, Faculty of Business in its journal JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA.
Volume (Year): (2011)
Issue (Month): ()
small business accounting; financial information; information in management;
Find related papers by JEL classification:
- M19 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Other
- M48 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Government Policy and Regulation
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Agus Gunawan & Mohamed Wahdan & H. Jaap Van Den Herik, 2010. "Increasing the managerial capabilities in Indonesian garment manufacturing," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 3(4), pages 346-367.
- Tulus Tambunan, 2009. "Export-oriented small and medium industry clusters in Indonesia," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing, vol. 3(1), pages 25-58, April.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cornelia Pop).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.