To serve accounting Information in micro and small enterprises?

Abstract

This research aims to show how accounting information is used by micro and small enterprises. An interview with managers of fifty-five companies located in the metropolitan area of Recife (PE). This investigation replicated the work done by Professor Mitchell, Reid and Smith (2000) held in Scotland. Among other findings, one can observe that despite having credibility with users, the accounting information has been dif.cult to use for a relevant part of them (34.5%). It was found that in most cases, the reports that are avai­lable are more traditional and less sophisticated. It also saw the need to update the professionals who prepare accounting information in terms of knowledge of software and systems is actually a matter of survival in the market due to the large mass on the part of employers to these resources. Finally, the study reveals that most managers do not use the accounting to track targets, measure performance and assess financial impacts of their decisions, thus failing to make use of management reports.