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Accounting Knowledge: Decision Support In Forestry

Author

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  • Ph.D Student Postolache (Males) Daniela

    (University “Al. I. Cuza”, Faculty of Economics and Business Administration, Iasi, Romania)

Abstract

The accountancy provides knowledge which can help managers make decisions about economic efficiency. This paper introduces few accounting instruments whose practical applications provide necessary knowledge for decision-making process, with the usage of concrete examples from forestry. The essay proposes ways of transforming accounting information into necessary knowledge for managers to make informed decisions, using calculation of profitability indicators, cost indicators, financial and economic analysis, financial administration accounting tools, cash-flow and budget. The writing bring forward, also, new research in the field of forest management decision support systems.

Suggested Citation

  • Ph.D Student Postolache (Males) Daniela, 2010. "Accounting Knowledge: Decision Support In Forestry," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(14), pages 55-60, April.
    • Handle: RePEc:aio:rteyej:v:1:y:2010:i:14:p:55-60
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    More about this item

    Keywords

    managerial accounting; knowledge-based systems; forestry accounting systems; forestry decision; decision support systems;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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