The analysis of profit and loss account

The rich informational fund of the financial reports makes them known, both nationally and internationally, as basic instruments of ma nagement at all levels of organization. The profit and loss account is part of the financial annual reports, is a synthesis accounting document that shows the result of the company’s activity and thus measures the its performance during a period of time.The users of the information offered by this financial report are: the investors (present and potential shareholders), managers, financial creditors, clients, the state, the public, the financial analysts etc

The analysis of the company’s financial position within the context of climate change

The financial impact of environment destruction is very important, and entities have to present information concerning the implemented environmental policies, objectives and programs, the expenses made in this field, the met ecological risks. Accounting is the main source of information that allows the estimation of an entity’s value, and as a consequence, it is necessary that it reflects the environment aspects that certainly have significant financial consequences. The utility of the information concerning the economic resources controlled by the company and their modification in the past consists in the possibility of anticipating the company’s capacity to generate liquidity in the future as well as the evaluation the management’s administrative skills

ANALIZA CONTULUI PROFIT ŞI PIERDERE

The rich informational fund of the financial reports makes them known, both nationally and internationally, as basic instruments of management at all organizatory levels. The profit and loss account is part of the financial annual reports, is a synthesis accounting document that shows the result of the enterprise activity and thus measures the firm’s performance during a period. The users of the information offered by this financial report are: the investors (present and potential shareholders), managers, financial creditors, clients, the state, the public, the financial analysts etc

Accounting as a Factor of Progress in the Social and Economic Environment

Accounting has deep roots, keeping pace with the social needs and aspirations. Along with the evolution of humankind, the role and importance of accounting have increased. If in the primitive commune the object of accounting was the social property on production means, in the slave-owning system and feudal system, accounting extended its sphere. The existence of a control mechanism on business in general and on trade, in particular, was needed. There could be felt the concretization of practical accumulations in accounting under the form of a study or a specialty paper. Accounting is the science that has contributed to the affirmation of the organization and scientific spirit which represented “for a long time a small isolated island in a vast ocean of empiricism.” Ever since the appearance of the first double entry bookkeeping treaty of Luca Paciolo until the present day the double entry accounting has greatly evolved from the role of historian of an economic agent’ life and it has become the most important instrument of arbitration in the social environment of those involved in business.double entry, accounting trends