Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie (Apr 2021)



Journal volume & issue
no. 2
pp. 60 – 67


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The rapid evolution of information and communication science and technologies has an impact on any aspect of human relations. Modern computer systems provide the possibility of automatic control of various activities, which involve the management of funds. The computerization of public institutions allows at the same time to several users of the administration, the access to the desired information, which have become a strategic resource in the development of the society. Financial accounting information is the product of accounting and external reporting systems that quantify and disclose to the public data on the financial position and performance of local government. In the digital environment, the ability to compete and evolve increasingly depends on the innovative and efficient application of new information and communication technologies. Public authorities make a constant effort to achieve the integration of their own information systems, to allow information to flow freely within its systems, and thus to create an efficient administration. The undertaken research envisages a combination of current exploratory research methods, which offers vast possibilities in the study of the influence of financial and accounting information on managerial decisions and economic growth, as well as on the development of localities. The purpose of this paper is to present the influence of financial accounting information, their transparency, the infrastructure of the locality, county or region, on their economic growth and development. Information technology contributes to the support of decision-making processes, as well as to the involvement in working groups, which determines the increase of performance.