Business Processes Intrinsic Accounting Quality Attributes Assessment in Lithuanian Organizations

Abstract

The most important accelerator in everyday life is rapid growth and development in the area of information technology. Economic efficiency of management decisions is determined by objective and timely information, which must be supplied by the accounting system to the company’s managers. Changes in the external surrounding of the business organizations and importance of timely information enforce to recoil and to give special attention to accounting quality of business processes, accounting quality assessment questions. There was performed an empirical research, which gave important findings about business processes intrinsic accounting quality attributes intensity and association between them in Lithuanian organizations. The results of the research highlighted that in several business processes the expression of accounting quality characteristics is different and depends on organization’s activity; internal quality characteristics in all business processes aren’t the most evident and between these attributes there is only positive correlation.