Naslov
The Role of Financial Information in Decision Making Process

Autori
Zager, Katarina ; Zager, Lajos

Izvornik
Innovative marketing (1814-2427) 3 (2006); 35-40

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
financial information; decision making proces; financial statements analysis ratio

Sažetak
Accounting information system prepare the whole range of different for different users. We can measure and examine the business quality of the entire comapany on the basis of accounting and financial information. In that context we exemine true and fair presentation of financial position and business efficiency. Succesful business is the business operation that results for quite a long period in corresponding level of security and efficiency of business. Security of business is exemined, first of all, on the basis of a balance sheet and efficiency on the basis of the profit and loss account. The condensed statement of security an efficiency of business is registered by financial ratios. Accordingly, financial ratios can be examined in the context of measuring business quality. By defining the current business quality rate some significant presumptions are made for the development and exisence of the company on the market. In that context we can stress that financial information can be very useful in estimating the current business quality and creating assumption for more successful business in the future.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA