CONTROL SYSTEM – THE BASIS OF APPRECIATION AND INFORMATIONAL INSURANCE OF DECISION MAKING PROCESS

Svetlana MIHAILA, Maia BAJAN Academia de Studii Economice din Moldova

Abstract

The purpose of this article is to describe the importance of control system in assessing entity’s activity and providing information to decision-making. Also it describes the significance of accounting information, whose veracity directly influences the outcome of the economic process as a whole. As an outcome of a systematical study of the specialized literature are analyzed possibilities for control system attainment in accounting system, and therefore definition of control’s functions within accounting. Keywords: control, accountancy, financial information, managerial decisions, decision making