AN UNFELT ABSENCE? ACCOUNTING INFORMATION AND SURVIVAL OF MICRO AND SMALL COMPANIES

Abstract

This study analyzes the negative effects of the lack of accurate accounting information and the inability of managers to make decisions based on available data on the performance and survival of micro and small enterprises. The research is exploratory and involved an in-depth analysis of articles and journals related to the subject, as well as a thorough study of the legislation that guides the release of credit for micro and small companies. To achieve the proposed objectives, structured interviews were conducted with managers of companies that were successful in their financial management, as well as with those that faced difficulties. The results revealed that these factors directly affect the obtaining of bank credit and the efficient management of the financial resources of these companies. A predominance of young managers was identified, with a low level of education and no specific training in the area, emphasizing the need for investment in training. Most of the companies belonged to the retail trade, framed in the tax regime of Simples Nacional, with a reduced team. The use of electronic spreadsheets and manual controls was observed, with limited use of computerized systems. The lack of formal methods for evaluating decisions and the lack of consideration of financial indicators in the contracting of credit were highlighted.

DOI: https://doi.org/10.56238/sevened2024.037-162