The Role of Accounting Applications for the Managerial Effectiveness of Agricultural Enterprises
Journal Title: Scholars Journal of Economics, Business and Management - Year 2017, Vol 4, Issue 12
Abstract
Abstract:Production is a process of creating a new value using existing resources. Agriculture is one of the production type which production factors are brought together and agricultural products are obtained. While agricultural production includes activities that individuals can perform at farm level, it is also carried out by agribusinesses. Profitability and community service are the main purposes of enterprises, which is also valid for agricultural enterprises. As it is known, accounting is a process that produces accurate, reliable and necessary information about the business to the users. Today, accounting has come out not only a process of producing information, but also guides management and determines enterprises’ future position. However, agricultural enterprises use accounting mainly for tax calculation and determination. It is obvious that agricultural enterprises are different from other industrial and commercial enterprises by its’ own characteristics. However, considering the universal qualities of business and business concept, like in other enterprises, agricultural enterprises can use the level of knowledge brought by the account only when they give the required importance. Accounting is an important tool to calculate operational and financial performance of the firms at certain times. The data gathered by accounting applications and their timely and right interpretation by the managers direct the quality of the decisions for the future and strategy of the firms. The purpose of this study is to examine the adequacy of accounting practices that will be used by agricultural enterprises to establish their financial status and apply the results into their activities. Keywords:Managerial effectiveness, Agricultural enterprises, accounting applications.
Authors and Affiliations
Eray Çetin, Dr. Ali Kurt, Dr. Nermin Bahşi
Keywords
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