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The Importance Of Accounting Information In Crisis Times

Author

Listed:
  • Carmen Mihaela Scorte
  • Adina Cozma
  • LuminiÅ£a Rus

Abstract

This paper tries to find in what way the accounting information can help economic entities in dealing with crisis. In order to answer this question we start by presenting the type of crisis we are dealing with at present, the causes and the effects on the international and national economic situation generally and the effects on the companies, particularly. We move on by presenting the role of accounting in supplying public and private information for those interested and by showing how can this information be used to limit the effects of the crisis and even to overcome it.

Suggested Citation

  • Carmen Mihaela Scorte & Adina Cozma & LuminiÅ£a Rus, 2009. "The Importance Of Accounting Information In Crisis Times," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(11), pages 1-18.
    • Handle: RePEc:alu:journl:v:1:y:2009:i:11:p:18
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    Cited by:

    1. Vasilii Erokhin & Dmitry Endovitsky & Alexey Bobryshev & Natalia Kulagina & Anna Ivolga, 2019. "Management Accounting Change as a Sustainable Economic Development Strategy during Pre-Recession and Recession Periods: Evidence from Russia," Sustainability, MDPI, vol. 11(11), pages 1-23, June.
    2. Teodor HADA & Nicoleta BARBUTA-MISU & Teodora Maria AVRAM, 2016. "Financial CEMATT Method: a New Approach for Performance Assessment using Accounting Information," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 10-17.

    More about this item

    Keywords

    crisis; accounting; information; costs.;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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