The accounting information system's output, financial reports, serves as both internal and external users' main information source. Users can use them to see the company's financial performance, evaluate the resource management sector, and forecast the company's future growth. The foundation of the company decision-making process is data from financial reports. Financial statements are prepared using a variety of techniques and steps, all of which have an impact on the numbers that are displayed in them. The chosen accounting policies have a significant impact on the accuracy of financial statements. The attainment of the company's goals, which are represented in the achievement of the highest profit as well as the preservation of liquidity and the continuity of operations, is aided by decisions that are in line with the business policy of the company.
J. Raičević, M. Stojiljković, “The Importance of Choosing and Applying Accounting Policies in the Corporate Management System,” in FINIZ 2022 - Business Resilience in a Changing World, Belgrade, Singidunum University, Serbia, 2022, pp. 32-38. doi: 10.15308/finiz-2022-32-38
Raičević, J., Stojiljković, M. (2022). The Importance of Choosing and Applying Accounting Policies in the Corporate Management System. Paper presented at FINIZ 2022 - Business Resilience in a Changing World. doi:10.15308/finiz-2022-32-38