Report on Pertinent Accounting Article

This article relating to accounting and business transparency is written by Jeno Beke. Accounting information system is a method for providing a set of tools that can be used to meet the needs of each application needs. Since accounting applications do not have uniform security and reliability, it is possible to develop a common protocol and a set of security services that meet all requirements to be included. Business management requires that resource consumption measurement, classification, assigned and communicated between the parties. The company managers use accounting information to set goals for their organization in order to evaluate their progress toward those goals, and to take corrective action if necessary. Decisions based on accounting information, the purchase of the building and equipment, the amount of inventory to have on hand and how to take cover, etc. Modern Accounting offers its services to a wide range of users: investors, government agencies, public and business administration, and these are just some of them. Many accountants who work in commercial companies, such as management accountants, internal auditors, specialists in income tax, expert systems, supervisory, management consultants, financial managers, and vice presidents(Beke, pp. 33).

Audit firms, therefore, management services, a special purpose tool can be used, but not bad. Like any tool of special purpose, if neglected or not used, rusty and probably will not offer a good service for which it was designed. Nevertheless, all tools have their limitations, and that is good at this early stage some of the fundamental limitations of an accounting system to highlight. The importance of a business in a business should not be underestimated. It contains general information about the managers and owners can decide whether the company's purpose. The accounts can be and will be used in companies to assess and evaluate alternative strategies, such as the establishment of the vendor the purchase of components, making business plans and activities. It is also a business that specializes in strategy and organization. International accounting standards are becoming increasingly popular and tend to integrate into the global economy. Global standards have many advantages, which are supported by many factors. But there are a number of protective factors (Beke, pp. 40). The globalization of markets, international investors have access to corporate financial information, which is easier for the unified accounting rules. Many economic decisions are taken by investors to operate.

These economic factors, especially for international harmonization. Clear information is needed to facilitate investment in all sectors. Business management requires that resource consumption measurement, classification,, assign and communicate with stakeholders. Corporate managers use accounting information to set goals for their organization in order to evaluate their progress toward those goals, and to take corrective action if necessary. Decisions based on accounting information, the construction and equipment purchase, the amount of inventory to keep on hand, and the amount of borrowed money, accounting, and other dishes for a wide range of current users may include investors, governments, citizens and business management, to name a few. Many accountants work ...