Academic Journals Database
Disseminating quality controlled scientific knowledge

NECESSITY AND REALITY BETWEEN INFORMATION TRANSPARENCY IN PERFORMANCE SMEs TO TRACK

ADD TO MY LIST
 
Author(s): CONSTANŢA IACOB | SILVIA SIMIONESCU (BUŞE)

Journal: Annals of the University of Petrosani : Economics
ISSN 1582-5949

Volume: X;
Issue: 4;
Start page: 117;
Date: 2010;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: SME | IFRS | information | transparency | relevance | convergence performance

ABSTRACT
Although organizational performance is one of the most useful outcome variables are used today and its many measures, there is a lack of consensus on ways to measure performance of SMEs. As a business specializes in measurement, evaluation, knowledge management and control of assets, liabilities and equity, and the results obtained, the accounts must provide chronological and systematic recording, processing, publication and preservation of information on financial position, financial performance and cash flows, both for their domestic needs and in dealing with present and potential investors, financial and trade creditors, customers, public institutions and other users. A modern accounting system, but one which is open to investors and accounting can be applied outside the application of IFRS subject of this article.
Affiliate Program      Why do you need a reservation system?