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Contribution of accounting expertise to cost efficiency and application of unitary practices

Author

Listed:
  • Pantazi Anca Alexandra

    (Valahia University of Targoviste,)

  • Coman Elena Liliana

    (Valahia University of Targoviste)

Abstract

The current economic context both globally and nationally requires accounting experts to adopt an attitude focused on an approach to cost management and performance. In this sense, there is a need to implement the concept of "accounting expertise" that lies in defining "cost management" as the totality of methods, procedures and tools used in cost optimization, performance, risk management, to ensure a complete life cycle of the company. This concept proposes the approach from the point of view of the fundamentation of the decisions to build, maintain and renew the accounting expertise models of the lifetime as well as the consequences of these decisions.

Suggested Citation

  • Pantazi Anca Alexandra & Coman Elena Liliana, 2023. "Contribution of accounting expertise to cost efficiency and application of unitary practices," Social-Economic Debates, Association for Entreprenorial Spirit Promotion, vol. 12(1), pages 63-71, octombrie.
    • Handle: RePEc:sdb:social:v:12:y:2023:i:1:n:8:p:63-71
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    References listed on IDEAS

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    5. G.R. Chesley, 1986. "Interpretation of uncertainty expressions," Contemporary Accounting Research, John Wiley & Sons, vol. 2(2), pages 179-199, March.
    6. Bradbury, Michael E. & Schröder, Laura B., 2012. "The content of accounting standards: Principles versus rules," The British Accounting Review, Elsevier, vol. 44(1), pages 1-10.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Cost; accounting expertise; efficiency; information; performance;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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