Considerations concerning accounting informations and accounting decisions and their implications in business management

• Author: Andreea Paula Dumitru
• Position: Lecturer Ph.D.,Faculty of Economic Sciences ?Nicolae Titulescu' University, , Bucharest, Romania
• Pages: 201-206

Andreea Paula Dumitru

201

LESIJ NO. XIX, VOL. 2/2012

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CONSIDERATIONS CONCERNING ACCOUNTING INFORMATIONS

AND ACCOUNTING DECISIONS AND THEIR IMPLICATIONS

IN BUSINESS MANAGEMENT

Andreea Paula DUMITRU*

Abstract

The accountants need to make choices to recognize, evaluate and classify business

transactions for assuring true and fair value of informations. In this paper, we try to classify these

choises so that called accounting decisions. Also we try to view them in an informational perspective

knowing the importance that accounting informations has in the process of making business

decisions.

Keywords: accounting decisions, accounting information, business management

Introduction

Many professional writers that define accounting as technology science argue that accounting

information, they predominantly due to the specific number, is p laced within the perimeter of

objectivity and accuracy.

It is known that accounting information as a starting point are two different sources and

uneven in terms of quality.

Thus, the following transactions carried out from various markets are seen in the emergence

during the financial year. They are largely the result of estimates and reflect the accounting policies

of the enterprise management.

Even when there are seemingly strict rules, professional accountant can do to make ordering

choises to describe the facts, of a margin of fredoom that lead to a subjective interpretation of them.

Economic decision-maker needs information coming from the external environment and

internal environment of the enterprise.

Accounting information is essential in making economic decisions by management factors.

Accounting performs a data processing transactions and economic events held in the firm

providing financial information (if the form of a monetary valued information), non financial (if

expressed quantitatively) and/or accounting (if it has undergone a process of specific data processing

accounting).

In their concern to provide a true and fair view in order to help decision makers, professional

accountants reasoning applies (according to International Accounting Standards/Financial

Reporting), taking decisions on the use of another treatment or to make a good information.

In this context, in this paper, we will try to outline a possible answer to these question s:

1. Use accounting information in accounting decisons ?

2. Accounting decision is an economic decision ?

3. Accounting decision is an operating decision, an investment decision, or a financing

decision ?

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* Lecturer Ph.D.,Faculty of Economic Sciences „Nicolae Titulescu” University, , Bucharest, Roman ia, (e-mail:

queenye04@yahoo.com).