DOES THE ACCOUNTING INFORMATION INFLUENCE THE FARM PROSPERITY? PUBLISHEDElena Tonea, Monica Butnariu, Corina Ruşeţ, Cornelia Tonea
Farms make little use of accounting and until now have been largely excluded from the scope of accounting standards. The use of accounting-based information can significantly improve the explanation and prediction of farm viability/failure. Any firm or entity whatever will require accounting information. Particularly in agriculture, it is generally assumed that the introduction of accounting will improve farm management and produce better farm performance.
accounting; agriculture; farm prosperity