Journal of Knowledge Management, Economics and Information Technology

The approach of this topic suggested to us by the fact that currently, it persists a controversy regarding the elements that influence decisively the qualitative characteristics of useful financial information. From these elements, we remark accounting models and concepts of capital maintenance in terms of the accounting result, which can be under the influence of factors such as subjectivity or even lack of neutrality.

Therefore, in formulating the response to the question that is the title of the paper, we will start from the fact that the financial statements prepared by the accounting systems must be the result of processing after appropriate models, which ultimately can respond as good as possible to external user’s requirements and internal, in particular the knowledge of the financial position and performance of economic entities.

  Modeling in Accounting, an Imperative Process? (237.2 KiB, 2,457 hits)

We decided to approach this topic, because we consider it as highly topical in the context in which the general business environment suffers notable changes due to new trends in the economic, social and political trends worldwide.
In formulating the answer to the question that is actually the title of this paper, we start from the fact that the business environment is facing with ever more and complex challenges with a major impact on the measures, procedures and techniques to follow for maintaining an upward performance trend.

In this respect, we are going to highlight some arguments that justify the significant, even decisive contribution of the accounting in order to identify, develop and ensure the implementation of the best solutions for business development.

  Accounting – a Pivot of the Business Performance? (1.0 MiB, 2,813 hits)