INTERIM FINANCIAL REPORTING IN FUNCTION OF PROPER DECISION MAKING

  • Slobodan Kaćanski CBIT Department, Roskilde University, Denmark
  • Stevan Tomašević Novi Sad Business School
  • Sanja Vlaović Begović Novi Sad Business School
DOI: https://doi.org/10.5937/skolbiz1-6033
Keywords: International accounting standards, FINANCIAL REPORTING, INTERIM FINANCIAL REPORTING, business decision making,

Abstract


This paper analyses the attributes of interim financial reporting, as well as performs overview and interpretation of International Accounting Standard 34 which deals with this issue. The paper emphasizes risk and effects of interim financial statements implementation in decision making process. Time and cost limitations significantly influence the level of reliability on interim repors since those reports were not audited.

Author Biographies

Stevan Tomašević, Novi Sad Business School
Master ekonomista, saradnik u nastavi
Sanja Vlaović Begović, Novi Sad Business School
Magistar, predavač

References

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Published
2014/10/06
Issue
No. 1 (2014): Škola biznisa
Section
Review Paper
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