THE PERSPECTIVE OF USING BENCHMARKING FOR IMPROVING THE GLOBAL PERFORMANCE OF THE ROMANIAN AGRICULTURAL AND ZOOTECHNICAL ENTERPRISE

MOCANU Mihai, Lucian Blaga University of Sibiu

Abstract:
The information provided by management accounting contributes not only to the decision-making process, but also to the evaluation of performances at the enterprise level. The quality of accounting information represents the characteristic of assigning value to information. The assessment of accounting information quality resides in the quantification of its current performance level according to the standards established for this domain. The qualitative characteristics of accounting information are generated by the attributes of quality. The comparison of an activity, including the accounting activity, against the ideal parameters is called benchmarking or reference treatment. Benchmarking represents the solution for continuous improvement of the enterprise’s global performances, having as objective the achievement of a superior position as compared to its competition and, as a consequence, in the fight for survival.

Keywords: benchmarking, accounting quality, performance, global performance, competition.

JEL Classification: M41

Volume: 68, Issue: 6

Pages: 78 - 90

Publication date: December, 2016

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/68607mocanu.pdf

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