IDEAS home Printed from https://ideas.repec.org/a/scm/ausvfe/v10y2010ispecialp333-338.html
   My bibliography  Save this article

The Study About Using Financial And Economical Analysis

Author

Listed:
  • Cristina Antonela SOFRONIA

    (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

The present paper presents the results of a study carried out on 234 trading companies regarding the use of accounting programmes and economic and financial analysis. The trading companies have been chosen among the representative clients that the three major producers and suppliers: Win Mentor, Ciel and Pioneer have all over the country. The enquiry includes ten questions to which people belonging to the economic and financial department, users of the above mentioned accounting programmes have already answered. Most of them have used the same programme ever since they had set up their business and only a small part has changed it several times. In what concerns the use of the economical and financial analysis in the process of decision taking, the results have not been encouraging. Most companies do not use it in their activity. For those who do, it is worrying that some of them prefer counting themselves the indicators instead of using the facilities of the accounting programme. This phenomenon takes place because of the lack of employees specialized in the field. Moreover, the legislation is too thick both in the economic and accounting field and the highly qualified staff ask to be remunerated accordingly. The same study has revealed that the analysis has been used within the companies which were assisted by audit and accounting expertise companies. The final conclusion was that in the latest years, the economic and financial analysis has been developed thanks to its improvement. It refers to the new facilities within the accounting programmes.

Suggested Citation

  • Cristina Antonela SOFRONIA, 2010. "The Study About Using Financial And Economical Analysis," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 10(Special), pages 333-338, December.
  • Handle: RePEc:scm:ausvfe:v:10:y:2010:i:special:p:333-338
    as

    Download full text from publisher

    File URL: http://www.seap.usv.ro/annals/arhiva/ANNALS%20vol.10,nr.special,2010%20fulltext.pdf
    Download Restriction: no
    ---><---

    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:scm:ausvfe:v:10:y:2010:i:special:p:333-338. 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: Liviu Scutariu (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.html .

    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.