Accounting information system in banking planning and contro |
Modern economic theory looks beyond established, traditional frameworks when describing companies. Companies are defined as the meeting places of many interest groups whose goals are often opposed. The two main groups, focusing on the banking sector, are shareholders who demand high yields and creditors who are primarily guided bythe principle of safety and preservation of the deposit. Their interests, goals and motives require from management quick, agile and flexible planning and control of business performance. To adequately manage the financial performance of banks it is important to identify the appropriate system of financial planning and control, and establishan information system developed with a detailed accounting subsystem. There are increasing demands of various stakeholders in the accounting sense of a number of accounting reports and accounting information, as well as their frequency. The accounting information system is the starting point for planning and control the processes in banks.
Draginja Đurić, Snežana Knežević, Slađana Barjaktarović Rakočević |