Accounting functions and decision making: a vision from the professional accountant in training

Abstract

Nowadays, accounting has been established as a fundamental element for entities, providing organizations with transcendental information that contributes to timely decision making, which is measured through the impact generated in the business environment by financial, fiscal and economic accounting functions, a successful use of these functions establishes an adequate managerial decision making, thus guaranteeing the presence of a company as a going concern. In this sense, the present study focuses on an analysis of the functions that accounting fulfills in companies, specifically on how they contribute to the managerial decision-making process, from the perception of students in the last years of the Accounting and Auditing Career of the Technical University of Machala. In this context, a literature review has been approached from the perspectives of some authors, obtaining from them relevant aspects on issues related to accounting, the methodology used is quantitative with statistical analysis, which has been used in order to obtain results that help to extract significant information on the functions of accounting. Among the most relevant results, it can be observed that the accounting functions are of great importance, considering that these functions are capable of providing accounting information of great relevance that serves as support in the management decision making process.