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The Role Of Accounting Information In Modern Management

Author

Listed:
  • ANA - MARIA MALAESCU

    (UNIVERSITY OF CRAIOVA)

  • VIRGIL - ION POPOVICI

    (“CONSTANTIN BRANCUSI” UNIVERSITY OF TARGU-JIU)

Abstract

Management has a very important role in the functioning of companies, regardless of their form of organization. Financial accounting management ensures the knowledge of legal norms regulating the accounting activity, its optimal organization, the use, management and permanent tracking of making use of funds on the basis of maximum profit and the analysis and providing the necessary capital for the next period, which is established on choosing the optimal variant. Accounting information is part of the economic information, which is of great interest for accounting. Beyond the interest of the majority of managers in terms of introducing new technologies, they should not neglect the importance of accounting information, both in terms of decision making, but also in terms of the entire managerial act.

Suggested Citation

  • Ana - Maria Malaescu & Virgil - Ion Popovici, 2015. "The Role Of Accounting Information In Modern Management," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 208-210, February.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:1ii:p:208-210
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