ACCOUNTING INFORMATION AND ITS INFLUENCE ON ECONOMIC DECISIONS

Oana Drăgan
Additional contact information
Oana Drăgan: Academia de Studii Economice, Bucureşti

Management Intercultural, 2019, issue 43, 85-97

Abstract: Accounting information is one of the most important information in the economic environment, information that underlies the most important decisions of companies. Economic studies have shown that, out of all the information conveyed in a company, about 80% is represented by economic information, and of this, 47% is the accounting information. We can say, in this case, that at the company level, accounting is the most important element of the information system: most decisions at the microeconomic level are made based on the information provided by accounting, which allows external information managers and users to have an image of the entire organization and connects with the other components of the enterprise information system by integrating information into a common database. Thus we come to the conclusion that the matter of accounting can be considered as an information system that processes and quantifies data by transmitting the financial information needed to make decisions. The empirical study carried out in this article with the participation of professional accountants aims to highlight the role of accounting information in companies, its importance and the way it is used by professionals in the economic field in presenting financial management feelings highlighting how accounting information influences decisions within company.

Keywords: Accounting; Information; Conceptual maps (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://seaopenresearch.eu/Journals/articles/MI_43_3.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cmj:interc:y:2019:i:43:p:85-97

Access Statistics for this article

Management Intercultural is currently edited by Romanian Foundation for Business Intelligence

More articles in Management Intercultural from Romanian Foundation for Business Intelligence, Editorial Department
Bibliographic data for series maintained by Serghie Dan ().