Accounting standards and provisioning of financial reporting purposes

Masoud Bahadorzaei¹ Hamid Ghasemi Darmyan² Farideh Moradgholi³

1) Faculty of Accounting, Islamic Azad University of Tehran Centre
2) Department of State Management, Islamic Azad University of Zahedan
3) Master of Mathematics, Sistan and Baluchestan University

IOI Code : XCCC-FAAZK
Publication : 10th International Conference on Innovative Technologies in Science, Engineering and Technology(tetsconf.com)
Abstract :
    In today s world, which forms a new form of economic communication every day, people, companies and institutions interact with each other and their financial changes affect one another, and the updating of these activities becomes more complex, making the role of accounting as financial information providers using accounting standards for more users. the necessity of increasing the institutions and organizations to correct and timely information to be used in the process of decision - making process is inevitable. in this regard, the management information system is the main source of information delivery. As the most important subset of this system, the accounting information system provides diverse financial information to users of this type of information, in particular the managers of each organization . In general, accounting information should have certain characteristics to be used in the decision - making process. The qualitative features of such information, such as relevance, and reliability, are features that affect the rate of application of timely information.

Keywords : accounting enterprise financial reporting