English, Article edition: The Usefulness of Compulsory Financial Reporting for Management Decisions: an Analysis of Spanish Small and Medium Sized Businesses José M. Moneva Abadía; Beatriz Cuéllar Femández

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/15892
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Usefulness of Compulsory Financial Reporting for Management Decisions: an Analysis of Spanish Small and Medium Sized Businesses
Author
  • José M. Moneva Abadía
  • Beatriz Cuéllar Femández
Physical Description
  • article
Notes
  • The aim of this paper is to provide empirical evidence as to the degree of usefulness of the annual accounts that Spanish small businesses are required to produce. Given that bankers and managers are the main users of these financial statements, we have focused our study on the management decision making process and on the burdens of this legal requirement. Thus, using a questionnaire forwarded to the directors of one hundred of the most relevant small and medium sized businesses in Spain, we have obtained the following basic results: - The compulsory annual accounts required by Spanish law are relevant for the management decisionmaking process, although directors think that they are of greater value to other users, such as banks and financial creditors. - Although the elaboration of annual accounts is a large burden for Spanish small and medium sized businesses, there are other administrative requirements, such as the completion of tax forms, that are considered even more onerous. - There are significant differences of opinion between UK and Italian management, as compared to their Spanish equivalents, on the costs and usefulness of financial reporting.
  • accounting standards overload, small business' financial reporting, usefulness for manage¬ment decisions, abbreviated accounts.
  • RePEc:sar:journl:v:2:y:1999:i:4:p:137-159
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment