THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION
The users of financial statements need information regarding the resources of an economic entity and also data regarding the way in which the entity’s management is using resources. This information helps users to quantify efficiency and performance within an entity. There are many stakeholders who...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2012-01-01
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| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| Subjects: | |
| Online Access: | http://studiaeconomia.uvvg.ro/index.php?option=com_content&view=article&id=294:the-performance-of-the-economic-entity-measured-through-accounting-information&catid=40:2012-partea-4&Itemid=71 |
| _version_ | 1818486148863885312 |
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| author | Marius Cristian Milos Ioana Elena Nicu |
| author_facet | Marius Cristian Milos Ioana Elena Nicu |
| author_sort | Marius Cristian Milos |
| collection | DOAJ |
| description | The users of financial statements need information regarding the resources of an economic entity and also data regarding the way in which the entity’s management is using resources. This information helps users to quantify efficiency and performance within an entity. There are many stakeholders who do show interest in an entity’s financial reports, including existing and potential investors, employees, lenders, suppliers, customers, regulators and other government agencies and not the least the common citizens. The main purpose of this paper is to highlight the importance of the performance measurement and to discuss possible reporting methods. Performance is a concept that raises many questions regarding the most accurate way or the best method for quantifying and reporting performance at the company level .So if financial performance indicators are considered to offer an accurate image of the situation of a company, the modern approach which focuses also on non-financial indicators offers new perspectives upon performance measurement, which may be really expressive and also based on simplicity. |
| first_indexed | 2024-12-10T16:19:01Z |
| format | Article |
| id | doaj.art-5a45c4ac5d8c478398300fde7674cc11 |
| institution | Directory Open Access Journal |
| issn | 1584-2339 2285-3065 |
| language | English |
| last_indexed | 2024-12-10T16:19:01Z |
| publishDate | 2012-01-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| spelling | doaj.art-5a45c4ac5d8c478398300fde7674cc112022-12-22T01:41:53ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652012-01-012241722THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATIONMarius Cristian MilosIoana Elena NicuThe users of financial statements need information regarding the resources of an economic entity and also data regarding the way in which the entity’s management is using resources. This information helps users to quantify efficiency and performance within an entity. There are many stakeholders who do show interest in an entity’s financial reports, including existing and potential investors, employees, lenders, suppliers, customers, regulators and other government agencies and not the least the common citizens. The main purpose of this paper is to highlight the importance of the performance measurement and to discuss possible reporting methods. Performance is a concept that raises many questions regarding the most accurate way or the best method for quantifying and reporting performance at the company level .So if financial performance indicators are considered to offer an accurate image of the situation of a company, the modern approach which focuses also on non-financial indicators offers new perspectives upon performance measurement, which may be really expressive and also based on simplicity.http://studiaeconomia.uvvg.ro/index.php?option=com_content&view=article&id=294:the-performance-of-the-economic-entity-measured-through-accounting-information&catid=40:2012-partea-4&Itemid=71Performancefinancial reportingperformance measurementfinancial indicators |
| spellingShingle | Marius Cristian Milos Ioana Elena Nicu THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice Performance financial reporting performance measurement financial indicators |
| title | THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION |
| title_full | THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION |
| title_fullStr | THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION |
| title_full_unstemmed | THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION |
| title_short | THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION |
| title_sort | performance of the economic entity measured through accounting information |
| topic | Performance financial reporting performance measurement financial indicators |
| url | http://studiaeconomia.uvvg.ro/index.php?option=com_content&view=article&id=294:the-performance-of-the-economic-entity-measured-through-accounting-information&catid=40:2012-partea-4&Itemid=71 |
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