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Accounting Information - A Fundamental Factor in Winning Battles

Author

Listed:
  • Sandu Gabriela

    (University „Petre Andrei” from Iasi)

  • Lazar Gabriela

    (University „Petre Andrei” from Iasi)

Abstract

Decision has an important role in our lives. From the point of view, it is closely connected with the ultimate goal and efficiency of any activities in the economic entity. To take appropriate decision, every manager needs a set of conclusive information. Given the importance of accounting information, the responsibility for preparing and presenting financial statements of the unit is legally regulated and returns management. The latter is also interested in the information contained in financial statements, even if it has access to additional financial and management information to help achieving the planning, decision making and control. To meet their own needs, any unit can determine its form and content of additional information contained in the notes.

Suggested Citation

  • Sandu Gabriela & Lazar Gabriela, 2012. "Accounting Information - A Fundamental Factor in Winning Battles," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1656-1659, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1656-1659
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    More about this item

    Keywords

    Decision; Accounting information; Financial statements; IASB Framework; Quality;
    All these keywords.

    JEL classification:

    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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