The Role Of Financial Statements In The Management Of Reporting Companies

Gheorghe Lepadatu ()

Knowledge Horizons - Economics, 2016, vol. 8, issue 4, 48-55

Abstract: The information used for decision making by the management of the economic entity derives mostly from the management accounting as the main source of information in the activities’ administration and management. However, financial accounting, summarized by its annual accounts, is still providing information needed for managing relations with third parties, agreeing upon investment projects and financing resources.

Keywords: Accounting Information; Financial Statements; Economic Decisions. (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2016
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