ACCOUNTING INFORMATION IN BANK ACTIVITY

Accounting information allows commercial banks to speculate upon opportunity of attractive business in placements and resource attraction. The role of accounting information in the banking activity is extremely important in the orintation of bank management towards successful strategies. By exercising the main functions, consecrated by law, banks generate extremely useful accounting information for both customers and bank management. Users of bank accounting information are internal users ( bank clients and shareholders, emplyees in front office and bank office, bank managers) and external users (client business partners, tax authorities, insurance companies, other banks). The main generating sources of accounting information in bank activity are: client accounts, bank accounts and bank computerized programs (which deal both with accounting data and statistical data, bank management, etc). The classification of bank operations into active and passive operations underlines the importance of accounting information in the whole bank activity. These bank operations generate accounting information regarding the attraction and placement of bank resources. In the context of worlds economy globalization the great banks, which are the giants of the international financial market, fight ferociously for supremacy. Accounting information and the transparency of thei