THE IMPORTANCE OF ACCOUNTING IN NATIONAL ECONOMY

Puican Liliana
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Puican Liliana: ROMANIAN ACADEMY, INSTITUTE OF WORLD ECONOMY BUCHAREST, ROMANIA

Annals - Economy Series, 2015, vol. 2, 222-225

Abstract: Information provided by annual financial statements is a useful instrument for enterprise management as responsible driving means to know the realities of economic activity, to know the pros and cons entity you run, or this is not possible without a pertinent analysis accounting information. The least expensive and most common method of financial communication is the financial statements, in fact, is the core accounting summaries. In most cases, users seek information from financial statements to assess the profitability of the company in general and its illiquidity risk.

Keywords: accounting information; national economy; national interest; economic entity; economic efficiency; management; economic profit. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:2:p:222-225

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