The Contribution of Accounting Information to Strategic Decision-Making Processes

Authors : Hacı Arif Tunçez

Pages : 14-23

View : 63 | Download : 60

Publication Date : 2025-06-30

Article Type : Review Paper

Abstract :Accounting refers to recording, classifying, analyzing, and reporting the financial activities of enterprises. This process helps shape businesses\\\' financial position and performance, provides reliable information to internal and external stakeholders, and shapes future strategic decisions. Business managers need accounting information to continue their activities successfully. This information makes an essential contribution to strategic decision-making processes. Accurate and reliable recording of financial data helps businesses understand their current situation and make budgeting and investment decisions. This allows businesses to gain a competitive advantage and sustain their long-term success. Businesses conduct cost-benefit analysis when deciding to finance new projects or improve existing assets. These analyses use accounting information to assess projects\\\' potential returns and risks. In this way, businesses can identify the most profitable investment opportunities. This study examines the contribution of accounting information to strategic decision-making processes.
Keywords : Muhasebe, Stratejik Karar Alma, Finansal Analiz, Bütçeleme

ORIGINAL ARTICLE URL