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Financial CEMATT Method: a New Approach for Performance Assessment using Accounting Information

Author

Listed:
  • Teodor HADA

    (Bogdan Voda University Cluj Napoca, Romania)

  • Nicoleta BARBUTA-MISU

    (Dunarea de Jos University of Galati, Romania)

  • Teodora Maria AVRAM

    (1Decembrie 1918 University of Alba Iulia, Romania)

Abstract

The paper highlights the issue of accounting information as source for determining the financial position, with the customization on a case study in the clothing industry. This study provides an integrated approach to how the financial position can be determined by the financial CEMATT model for a case study based on 108 medium-sized companies selected according to their turnover in the clothing industry in Romania in 2014. The results of the study were encouraging, the most analyzed companies being within the area of financial balance; moreover, none of the companies analysed, in terms of financial diagnosis, wasn’t registered in the critical region, that lead a company to bankruptcy

Suggested Citation

  • 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.
    • Handle: RePEc:ddj:fseeai:y:2016:i:2:p:10-17
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    References listed on IDEAS

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