Računovodstveni informacioni sistem u funkciji kvalitetnog finansijskog izveštavanja
Accounting Information System Underpinning Quality Financial Reporting
Author(s): Vladan Knežević, Radmila Jablan StefanovićSubject(s): Economy
Published by: Универзитет у Нишу
Keywords: accounting information system; financial reporting; quality of accounting information; audit; internal control system
Summary/Abstract: A company operating in its new business setting, achieves success as a result of interaction of the environment, resources and management i.e. its ability to adequately engage resources taking into consideration all its strengths and weaknesses. It is crucial that the managers, assuming reasonable risks, fully take advantage of numerous challenges of open economy in terms of taking balanced decisions taking into account the organizational changes and possibilities offered by the environment and monitor and assess the strategic and operational development and accordingly contribute to meeting the interests of different stakeholders. This inevitably requires creativity, initiative, sophisticated professional knowledge and skills, as well as the quality information support. The role of accounting information system in providing quality information for the needs of financial reporting has been highlighted.
Journal: FACTA UNIVERSITATIS - Economics and Organization
- Issue Year: 2013
- Issue No: 4
- Page Range: 361-375
- Page Count: 15
- Language: English