Valences and Informational Limits of the Financial Statements Prepared by Romanian SMEs in the New Resilient Context
Valences and Informational Limits of the Financial Statements Prepared by Romanian SMEs in the New Resilient Context
Author(s): Marilena Zuca, Victor Munteanu, Janina Soare, Magdalena Danescu, Alice Țînță, Adriana Paduraru HoraicuSubject(s): Business Economy / Management, Economic development, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Editura Universitară Danubius
Keywords: SME; financial and non-financial information; financial performance; sustainable development; digitization; reactivity of public authorities;
Summary/Abstract: The analysis and interpretation of the financial-accounting information presented in the financial statements of an entity have played a special role over the years and are the subject of numerous studies and articles. The objective of this article is to provide an analysis of the potential relations between financial-accounting information and the visibility of SMEs' activity. In this context, we tried to show that: 1. the analysis ofthe financial-accounting information provided by SMEs is a relevant and effective tool for the social partners; 2. information provided by SMEs adds value to their activity in terms of sustainable development and social responsibility, in the context of the digitalisation of the economy and society; and 3. external communication of information provided by SMEs contributes to the reactivity of public authorities to their needs.
Journal: Acta Universitatis Danubius. Œconomica
- Issue Year: 18/2022
- Issue No: 2
- Page Range: 88-111
- Page Count: 24
- Language: English