The role of accounting information in improving company performance in the integration processes

• Main Authors: Petkovič Đerđi, Đurković Emina
• Format: Article
• Language: English
• Published: University of Novi Sad - Faculty of Economics, Subotica 2014-01-01
• Series: Anali Ekonomskog fakulteta u Subotici
• Subjects: accounting information systems; business strategy; performance measurement
• Online Access: https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2014/0350-21201432441P.pdf

Accounting Information System is the set of components that are put together to collect data and information, and transform them into financial data for the purpose of reporting them to decision makers. Appropriate design of accounting information system has the task to support the company's business strategy. The integration processes and the continual growth of competition indicate the relevance and importance of this issue. Accounting information support for defining the company strategy will lead to the growth of its performance, while growth of performances leads to an increase in the value of the organization. This claim is supported by a large number of case studies conducted in a number of countries. The aim of this paper work is to show whether use of Accounting Information System, therefore, the accounting information, leads to improved economic and organizational performances of companies, based on review of available literature.