THE ROLE OF ACCOUNTING EDUCATION AND PRACTICE FOR A BETTER ECONOMIC AND SOCIAL DEVELOPMENT WITHIN THE EUROPEAN UNION
THE ROLE OF ACCOUNTING EDUCATION AND PRACTICE FOR A BETTER ECONOMIC AND SOCIAL DEVELOPMENT WITHIN THE EUROPEAN UNION

Summary/Abstract: In the context of a more and more globalised market and baring the marks of the past financial and economic crisis the need for capital is of most importance. It is obvious the importance of accounting in these last decade, according to some voices to the downfall of the economy, but mostly for the rise and suitability of the global economy. A god accounting education can be the key to successful allocation of resources within a economic entity.A pour, or no accounting training leads to inefficient resource allocation, increasing the risk and cost bearded by the investors. Accounting has the important role of reviving the economy, trough supporting global markets and attracting and retaining capital within companies.

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