Creative techniques for modeling performance reported in financial statements

The profit and loss account summarizes the ensemble of operations that contributed to the formation of the result, profit or loss. The economic theory considers that the goal of any enterprise is to maximize profits. There are, however, enterprises that wish to obtain only a satisfactory profit. Accounting practices allow to enable enterprises to present, within certain limits, results compliant with their goals rather than with reality.

MoreLess

Year of publication:	2012
Authors:	COTLET, Bogdan ; NAGY, Cristina Mihaela ; MEGAN, Ovidiu ; COTLET, Dumitru
Published in:	Anale. Seria Stiinte Economice. Timisoara. - Facultatea de Ştiinţe Economice. - Vol. XVIII.2012, May, p. 406-410
Publisher:	Facultatea de Ştiinţe Economice
Subject:	Income statement \| maximize profits \| Creative techniques

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	M41 - Accounting
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010641540