Abstract:

The accountancy information system from Romania is organised by a dualistic concept, being structured on two components: the financial accountancy and the management accountancy. There are several similarities between the two types of accountancy, in the idea that both of them register events related to the economic life and they both quantify them in a monetary standard by supplying information to the interested parties. The most important main differences between financial accountancy and management accountancy come from the variety of information needs of the internal and external users.