Transformations  in
Business & Economics

THE INFORMATIONAL AND DECISIONAL APPROACH IN MANAGEMENT ACCOUNTING. THE CASE OF ROMANIA
Cristina Elena Georgescu, Elena Cerasela Spatariu

ABSTRACT. Presently, due to the recent economic development cumulated with the globalization phenomenon, there is a marked increase in information needs. In the international context and against the background of the EU accession, the transparency of the accounting information is required, and managers need relevant, credible, clear, timely and internationally comparable financial information in order to substantiate their decisions .
In this paper we presented the manner in which the information contained in the accounting reports respond to the managers' information needs, helping them in their decision-making process.
Our paper is aimed at studying how Romanian managers understand, examine, utilize and apply accounting information in substantiating their decisions. The study relies on the answers obtained at a questionnaire distributed in 2016 to a sample of organizations. 

KEYWORDS: management accounting, accounting reports, managerial decision, empirical study, Romania.

JEL classification: M41.