Accounting Information for Top Management

In today's time and today's world, everything revolves around data, both in business and in private life. Data acquires practical value and becomes information when it becomes a factor in decision-making, analyses, and reports. Throughout the diploma thesis, the stated assumptions will be confirmed or refuted, and a detailed proposal for a solution will be presented.

Problem

In today's time and today's world, everything revolves around data, both in business and in private life. Data acquires practical value and becomes information when it becomes a factor in decision-making, analyses, and reports. The right information at the right time has invaluable value, which is why companies, organisations, and individuals strive to obtain as much useful information as possible from available data.

The diploma thesis will address the problem of acquiring, collecting, displaying, and presenting the right information in the form of reports for the purposes of top management in a company. The fundamental assumptions of the diploma thesis are:

Results

Throughout the diploma thesis, the stated assumptions will be confirmed or refuted, and a detailed proposal for a solution will be presented.

• the information system in a company must provide information for top management
• decisions of top management are based on received information, therefore it is necessary to ensure the correctness, timeliness, and reliability of all data
• the profit and loss statement in the form of a printout/report is available directly from the information system, but does not provide all the necessary information for top management decision-making, therefore additional explanations and records need to be prepared