FINANCIAL MANAGEMENT OF THE COMPANY THROUGH THE CAPITALIZATION OF FINANCIAL-ACCOUNTING INFORMATION

Boby Costi, Marius Boiţă and Cosmina Remeş
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Boby Costi: "Vasile Goldiş" Western University of Arad, Romania
Marius Boiţă: "Vasile Goldiş" Western University of Arad, Romania
Cosmina Remeş: "Vasile Goldiş" Western University of Arad, Romania

SEA - Practical Application of Science, 2014, issue 4, 499-504

Abstract: This article aims to highlight the role of financial-accounting information for the use in the financial management of the company, starting from the most recent writings in the field. Although it is hard to imagine that the financial management uses individualized financial- accounting information, attributed solely to a particular activity within the enterprise, still we tried to address the information according to the main activities that produce and use information, respectively: of investment, of exploitation and of financing. A proper management, at the company’s level, contributes to better products at lower prices, a higher salary and at the same time, to achieve higher incomes for those who contributed with capital in that company. Therefore, the financial management is a subsystem of the overall management of the company, aimed at ensuring the necessary financial resources, their profitable allocation and use, increasing the company’s value and of the safety of patrimony.

Keywords: Management; Financing; Company; Financial-accounting information (search for similar items in EconPapers)
JEL-codes: E62 H20 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:4:p:499-504

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