<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Any management decision changes, to a greater or lesser extent, its assets, liabilities, equity, expenses, income or result with financial and decision-making implications. In order to quantify decisional effects and establish strategies, an important role is played by financial accounting that encompasses all activities through which to record, quantify, process, analyse and communicate user-specific information on which to make optimal decisions to achieve the objectives set under performance conditions. Starting from these considerations, this paper highlights, through the study of the specialized literature, the possibilities of capitalizing on the information provided by the financial accounting, but also identifies the limitations that appear in this process. It also highlights how accounting information is found in the organization’s functions. The selective research was conducted on a sample of 301 companies and has as main objective the analysis of the opportunity to provide information through financial accounting.</p></abstract>

Any management decision changes, to a greater or lesser extent, its assets, liabilities, equity, expenses, income or result with financial and decision-making implications. In order to quantify decisional effects and establish strategies, an important role is played by financial accounting that encompasses all activities through which to record, quantify, process, analyse and communicate user-specific information on which to make optimal decisions to achieve the objectives set under performance conditions. Starting from these considerations, this paper highlights, through the study of the specialized literature, the possibilities of capitalizing on the information provided by the financial accounting, but also identifies the limitations that appear in this process. It also highlights how accounting information is found in the organization’s functions. The selective research was conducted on a sample of 301 companies and has as main objective the analysis of the opportunity to provide information through financial accounting.

Study on the Opportunities and Limitations of How to use the Information Provided by Financial Accountancy

Land Forces Academy Review

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Any management decision changes, to a greater or lesser extent, its assets, liabilities, equity, expenses, income or result with financial and decision-making...

Study on the Opportunities and Limitations of How to use the Information Provided by Financial Accountancy

Publié en ligne: 23 oct. 2019

Pages: 220 - 225

DOI: https://doi.org/10.2478/raft-2019-0026

Mots clés
financial accounting, financial statements, information, management

© 2019 Alina Ciuhureanu, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Study on the Opportunities and Limitations of How to use the Information Provided by Financial Accountancy

Publié en ligne: 23 oct. 2019

Pages: 220 - 225

DOI: https://doi.org/10.2478/raft-2019-0026

Mots clésfinancial accounting, financial statements, information, management

© 2019 Alina Ciuhureanu, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Mots clés
financial accounting, financial statements, information, management