The Quality Assessment of Accounting Information From The Aspect of Business Management

Accounting is regarded as a comprehensive information system, that provides information about the economic situation of a company. It is very important that this information is reliable for every aspect of it's further use. The aim of our research is to assess the quality of accounting information and its application in business management. The object of our research is the enterprise information system of selected companies, the subject of the research is accounting information. Data is derived from the available literature sources and from research carried out in selected agro-food enterprises and software companies (we focused on software for the processing of double-entry bookkeeping). The underlying data was obtained by observation, direct interviews and questionnaires. We applied basic scientific methods: analysis, comparison, synthesis and also mathematical and graphical evaluation to process the data. The quality of accounting information affects business activity. The result of our work is a set of characteristics, based upon which it is possible to assess the quality of accounting information from the business management aspect. Incorrect, non-objective and late accounting information leads to incorrectly quantified profit or loss and incorrect managerial decisions. In the paper we present a proposal for the requirements that should fulfill the infbrmation needs of managers in the area of economic management. We consider the most important to he accounting information in accordance with the Accounting Act, related government regulations and that meets the information needs of managers. The results will contribute to the improvement of management and decision making by managers.