Naslov
Review of the Factors Affecting Financial Reporting System Competitiveness

Autori
Mijoč, Ivo ; Pekanov Starčević, Dubravka ; Mihaljević, Marija

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Interdisciplinary Management Research VIII / Barković, Dražen ; Runzheimer, Bodo - Opatija : Juraj Strossmayer University in Osijek, Faculty of Economics in Osijek, Croatia Postgraduate Studies “Management” ; Hochschule Pforzheim University, 2012, 1057-1067

ISBN
978-953-253-105-3

Skup
Interdisciplinary Management Research VIII

Mjesto i datum
Opatija, Hrvatska, 11.05.2012. - 13.05.2012

Vrsta sudjelovanja
Ostalo

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
accounting system ; environmental factors ; internal and external factors ; competitiveness calculation methodology

Sažetak
Accounting has a long and rich tradition of activities and existence but various environmental factors resulted in distortion of accounting system. That additionally caused inconsistent accounting practices. Apart from internal factors, external factors affect accounting system more intensively. External factors intensity is disproportional and is influenced by historical heritage, cultural factors and by interrelationship between tax and accounting authorities. Factors interaction and interdependence affect business entities as they are forced to prepare a dual set of financial statements. That causes reduced information quality. Parallel reporting system reduces business competitiveness and increases capital costs which ultimately increase information redundancy. This paper presents diversity of environmental factors and connection with competitiveness calculation methodology.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA