INFORMATION, KEY ELEMENT OF ACCOUNTING AND AUDIT IN THE KNOWLEDGE SOCIETY
Journal Title: Challenges of the Knowledge Society - Year 2011, Vol 1, Issue 0
Abstract
In a knowledge society, the advantage of nations will not result from their natural resources, nor to the cheap labor, but from their ability to valorize the intellectual potential and to use efficiently the information. The knowledge based economy represents a new step in the development of human civilization that promises us a better future. The knowledge transfer between people and generations in order to facilitate human society’s evolution is the basic function of information science. This paper aims to examine how, in Romania, accounting and audit use and create information in current conditions of economic development. The purpose of this study consists in offering perspectives of improving the information quality. An information is high quality when, by its form and content, it corresponds integrally to all the needs, the exigencies and expectations of its user, without sacrificing the reality. A number of errors made by the accounting profession have been identified along this paper. These errors led to the decrease of information’s credibility. But the study proposes some changes in order to restore the image of this profession: the changes are sustained by the advantages of Knowledge Economy and Information Society. The research method consists in studying a rich background material, including reference items, such as works of applied and fundamental research. The originality of this work is given by the identification of knowledge society’s challenge which could be used as a lever of revival for accounting and audit in Romania.
Authors and Affiliations
NELUŢA MITEA
Keywords
Related Articles
- EP ID EP125630
- DOI -
- Views 112
- Downloads 0
THE NOTORIOUS, REPUTED AND FAMOUS TRADEMARKS
The owner of a trademark that has a reputation in Romania or in the European Union may request to court to forbid the infringer from using, without its consent, a sign identical or similar to its trademark, but for produ...
CLASSICAL STRATEGIES OF TRANSNATIONAL COMPANIES FROM EMERGING COUNTRIES
The analysis of strategies adopted in the last 10-15 years by companies in emerging countries that have managed to reach the status of global companies, enables us to appreciate that, in a first stage, emerging companies...
THE REGULATION. THE DECISION. THE DIRECTIVE. LEGISLATIVE DIFFFERENCES
The article is set to establish the elements that determined the European legislator, within the Lisbon Treaty, to conclude that for certain regulatory domains a specific type of legislative act is to be used (regulation...
THE EXECUTION INSTANCE OF THE JUDICIAL JUDGEMENTS SENTENCED IN THE LITIGATIONS OF ADMINISTRATIVE CONTENTIOUS
The instance which solved the fund of the litigation rising from an administrative contract differs depending on the material competence sanctioned by law, in contrast to the subject of the commercial law where the execu...
THE GLOBAL MARKET OF SMALL BUSINESSES BY E-COMMERCE PLATFORMS
Nowadays we live in a global market era. For small businesses (SBs), that do not have financial and human resources, to sell in a big market by an e-commerce platform can be a competitive strategy. The electronic platfor...