THE IMPACT OF ACCOUNTING INFORMATION REGARDING FINANCIAL LIABILITIES ON DECISION-MAKING OF DIFFERENT TYPES

Abstract

The most relevant research topics are guided by the overall study of the relationships between obtaining accounting information related to financial liabilities and their impact on users' decision-making process. The selective and unequivocal interpretation of the normative provisions as well as the institutional limitations regarding the volume and structure of accounting information regarding financial liabilities were the motivational basis of the research. The set of methods, techniques and research procedures of the field focuses on the targeted application of theoretical model cases of specific situations related to the generation and use of accounting information regarding financial liabilities, as well as their impact. Among the most relevant proposals there can be identified the qualitative development of normative framework in the part of the structure and volume of accounting information related to financial liabilities with relevance to users and the activity of the entity, as well as the development of non-regulated notes as a component part of the set of financial statements in which there is a reasoned description from all points of view of the situation regarding the entity's financial liabilities. All these improvement proposals can be beneficial to users at every stage of preparation and use of accounting information about financial liabilities with the perspective of taking future decisions.

Keywords

• accounting information
• decisions
• financial liabilities
• financial statements
• users