Abstract:
The accounting represents an essential component of the economic
informational system; through its own way of processing the data it could
offer exact information regarding the results from activities of the economic
entities.
Such information, especially the profitability, is necessary for
evaluating the potential changes of economic resources which could be
controlled by enterprises in the future. The information regarding the
variability of results are important in order to anticipate the capacity of the
enterprise to generate liquidity cash flows with existent resources, being at
the same time, useful to formulate the reasoning regarding the efficiency of
using the new resources by the enterprise.
The profitability analysis is linked to risk defining; risk which at the
entities from agriculture should be analyzed in a special way, because of the
specificity of this activity. Profitability can be appreciated only depending on
the supported risk and conversely, the economic agents assume a risk only
depending on the profitability they expect. The analysis of the profitability
should be done in accordance with the form involved by the risk such as:
economic risk (operational risk), financial risk, bankruptcy risk. With the
accounting information there were calculated some indicators and on this
basis could be appreciated the way of taking place the economic activities, at
the same time, drawing some conclusions regarding the favorable or
unfavorable trends. Some examples of such indicators are the following: rate
of net return, rate of return for the permanent capital, return on equity, quick
ratio solvability, financial independence level, global debt rate and so on.
The paper intends to underline the information valences of the
accounting data, the resulted conclusions drawn on this basis could be the
starting point for the management decisions in the next period.
