IDEAS home Printed from https://ideas.repec.org/a/brc/brccej/v6y2021i3p19-25.html
   My bibliography  Save this article

Financial Reporting Vs. Managerial Reporting €“ A Comparative Approach

Author

Listed:
  • Cristina Aurora BUNEA-BONTAS

    (Constantin Brancoveanu University of Pitesti, Romania)

Abstract

Financial reporting provide detailed information for external users, like as investors, lenders and creditors but it doesn't provide enough useful information for those decisions made concerning the daily activities of the business or regarding planning and controlling the companies' operations on a long term. Management reporting closely examines the process of converting consumed resources into results, allowing managers to set and permanently evaluate the fulfilment of business goals. This article considers a comparative approach between financial and management reporting, analyzing some important differences in terms of the objective of financial and managerial reporting, users of reports, purposes of reports and types of reports.

Suggested Citation

  • Cristina Aurora BUNEA-BONTAS, 2021. "Financial Reporting Vs. Managerial Reporting €“ A Comparative Approach," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 6(3), pages 19-25.
    • Handle: RePEc:brc:brccej:v:6:y:2021:i:3:p:19-25
    as

    Download full text from publisher

    File URL: http://www.revec.ro/papers/210303.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial reporting; managerial reporting; users of reports; types of reports; focus of reports;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:brc:brccej:v:6:y:2021:i:3:p:19-25. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristina GANESCU (email available below). General contact details of provider: http://www.univcb.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.