THE INFORMATIONAL POTENTIAL OF FINANCIAL ACCOUNTING AND ITS USERS
THE INFORMATIONAL POTENTIAL OF FINANCIAL ACCOUNTING AND ITS USERS

Summary/Abstract: The financial accounting offers financial information to outside users. It is also the reason for its name. But one must remember that it uses an accounting approach to data presented by economical events, for the purpose of offering financial information. The economical decisions concern the proper functioning of a company, long term, as well as short term. The financial decisions refer to using financial instruments, either to cover financial risks of the company, or for the purpose of speculation. They are active under the conditions of the existence of a capital market where the capital investors negotiate the price of participations offered by companies exchanged on the respective market capital.

• Details
• Contents