The Role of Information Support for Managerial Decision-Making in Improving Financial Stability of an Organization

DOI

10.2991/aebmr.k.200509.014How to use a DOI?

Keywords

financial sustainability, information support, directory, business process, managerial accounting

Abstract

Directories are recognized as special tools for information support of the management decision-making process, allowing owners and management to make managerial decisions based on relevant detailed information. There are groups of controlled objects for which detailed guides are developed. Directories used in managerial accounting system should be unified in all subsystems of managerial accounting of an organization. The factors affecting the main objects of managerial accounting, and analytical features of the directories necessary for correct planning, accounting and cost control are studied. A universal approach to the classification of business processes for managerial accounting according to various grounds is considered. The stages of work on directories and the main directions of using the classifier of business processes for managerial accounting are investigated. The technology of systematization of reference information in managerial accounting is considered. The need for the development and uses of managerial accounting directories to obtain high-quality comprehensive information about the state of business and to further make effective managerial decisions that contribute to strengthening financial stability of an organization is confirmed by owners and management.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Nadezhda Piontkevich
AU  - Ekaterina Shatkovskaya
PY  - 2020
DA  - 2020/05/12
TI  - The Role of Information Support for Managerial Decision-Making in Improving Financial Stability of an Organization
BT  - Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)
PB  - Atlantis Press
SP  - 71
EP  - 76
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200509.014
DO  - 10.2991/aebmr.k.200509.014
ID  - Piontkevich2020
ER  -