The Importance of Recording Data in the Agricultural Sector for Decision-Making

In order to better decision making in the agricultural sector, it is necessary to the existence of adequate records or documentation base containing all changes relating to the implementation of business activities on the farm. Taking into account the characteristics of biological transformations, which are characterized by agricultural production, it is necessary to monitor and record the effects arising from the implementation of activities on the farm. Also, the analysis of the invested funds or inputs and realized value of production-outputs, are of importance for understanding the results of operations in this sector. Identification and analysis of the financial results of farms is in direct conjunction with appropriately-designed system of accounting information. The research subjects, presented in this paper, are theoretical, conceptual, methodological and applicative aspects of accounting information system, in order to raise the quality of governance at macro and micro level in the field of agriculture. The importance of accounting informing is reflected in the continuous monitoring of production and financial indicators on the farms. The basic premise for this is the existence of high-quality accounting records on farms, in order to create high-quality information base for the analysis of the agricultural sector.