Accounting support 'going concern' strategy of doing business in growing globalization
Year: 2015
Type: article
Abstract: Large systems bring with them great risks but also the possibility to realize increased profits. Whether through the diversification of the business, whether through market expansion of existing products and services, mergers and acquisitions, capital includes mergers is a necessity of today's business environment. Turbulence in the business and the problems of preserving sustainable development are uncomfortable existential obstacles everyday activities of individuals, teams and entire business group. Business continuity is priori required by shareholders, whose only interest is to maximize profits, but also by managers and employees who are aware of the fact that a secure job nowadays is uncertain category. The aim of this paper is to present a method based on the forecasting model of analysis of business performance, which may contribute to better preparedness management, investors, shareholders and banks to understand in which direction to unscrew its operations and whether the strategy of 'going concern' is compromised. This analysis is based on accounting information that puts in the various relationships of the selected model created by evaluating and forecasting corporate (non) success.
Authors: Petkovič Đerđi, Hajnrih Jasmina
Institution: University of Novi Sad
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4297907943