EFFICIENT ACCOUNTING INFORMATION SYSTEM - ASSUMPTIONS OF SUCCESSFUL COMPANY MANAGEMENT

Management is the process aware routing enterprises some goals that are in the function of the general objective, which is the development of companies through which to ensure its survival in conditions of market environments. The objectives of the enterprise is, in general, are discussed in the context of long-term orientation of the company. In economic conditions of the market, the issues of business management and development is of extreme importance because the market, as a very objective policy instrument, does not tolerate managing mistakes and every possible error has ‘a price’ an enterprise has to pay. Therefore, it is very important to provide a top quality information basis, which is, in the first place, provided by an accounting information system. The prerequisite for building an efficient accounting information system is adequate positioning of the accounting function. The basic task of the accounting is to collect, arrange and present the information to the interested parties in form of accounting or financial reports. In that sense, objectivity and realistic approach of the reports is implied.

Hence,efficient accounting information system can be created if the accounting function of enterprise is properly positioned and properly incorporated in the overall management system. Therefore, we rightly say that the accounting information system, as one of the components of management system, takes a special place in businesses management and its performances. This article is supposed to draw attention to role and importance of efficient accounting information system for successful company management.

Keywords: accounting, accounting information system, management information system, stakeholders, successful company management.

JEL Classification: M41