THE ROLE OF FINANCIAL-ACCOUNTING INFORMATION IN THE SUSTAINABLE DEVELOPMENT OF THE COMPANY

Abstract

Accounting information is the essential element in the knowledge process and is in constant motion, addressing to an audience with diverse interests. Thus, the right decisions in accordance with the reality of the business environment will be taken by the persons concerned in accordance with the quality accounting information gathered from the financial statements. The sustainable development of a company is conditioned by a multitude of important factors, which must be discovered both inside and outside it. From these, financial and accounting information is one of the most important. This is due to the fact that the sustainable development of the company cannot be achieved without proper management and a clear strategy based on appropriate economic information. The research methodology is based on the study of documentary materials from an extensive range of publications and from the experience of the authors. The article aims to demonstrate the role of accounting information in the sustainable development of the company. The conclusion is that financial-accounting information represents the basic element in establishing economic decisions within a company.