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The Importance Of Accounting In National Economy

Author

Listed:
  • PUICAN LILIANA

    (ROMANIAN ACADEMY, INSTITUTE OF WORLD ECONOMY BUCHAREST, ROMANIA)

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.

Suggested Citation

  • Puican Liliana, 2015. "The Importance Of Accounting In National Economy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 222-225, April.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:2:p:222-225
    as

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    References listed on IDEAS

    as
    1. Liliana Puican & Greti Daniela Togoe, 2012. "Annual Financial Statements - Instrument Used In The Management Of Economic Entities," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(40), pages 175-180.
    2. Greti Daniela TOGOE & Marioara AVRAM, 2013. "Code Of Ethics – Tool In The Development Of A Favorable Climate Accounting Profession," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 1(1), pages 128-135, June.
    3. Marioara Avram, 2011. "Considerations On The Practical Application Of International Auditing Standards Regarding The Environment Of Control," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 3(39), pages 1-7.
    Full references (including those not matched with items on IDEAS)

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