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A constant concern for decision-makers in all countries of the world always remains to provide the framework for sustainable growth. Economic growth cannot be achieved without investigations, from internal or external sources, regardless of the level of development in a country. With the study, we sought to analyze the evolution of spending on investigations and its influence on economic growth, resulting from managerial decisions. Some series of statistical data are presented in this article to show the collective importance of budget revenues and attracting new sources of funding, such as European funds, in order to increase investigation expenditures, even if, in assessing the effort-effect, effort ratio. being easy to identify, and the effect are harder to quantify. The dynamics of investigations in Romania depend on attracting new sources of foreign financing, such as European non-reimbursable funds from the European Union. The absorption of EU funds is an objective of national interest and a solution to stimulate investment and the economy. Public investment is low-efficiency, with management gaps, especially in project preparation, prioritization and public procurement, and private investigations are affected by persistent legal uncertainty and bureaucracy. Fiscal policy changes, poor strategic planning of investigations and delays are real obstacles to the growth of significant investigations in the medium and long term. [ABSTRACT FROM AUTHOR]

The rapid evolution of information and communication science and technologies has an impact on any aspect of human relations. Modern computer systems provide the possibility of automatic control of various activities, which involve the management of funds. The computerization of public institutions allows at the same time to several users of the administration, the access to the desired information, which have become a strategic resource in the development of the society. Financial accounting information is the product of accounting and external reporting systems that quantify and disclose to the public data on the financial position and performance of local government. In the digital environment, the ability to compete and evolve increasingly depends on the innovative and efficient application of new information and communication technologies. Public authorities make a constant effort to achieve the integration of their own information systems, to allow information to flow freely within its systems, and thus to create an efficient administration. The undertaken research envisages a combination of current exploratory research methods, which offers vast possibilities in the study of the influence of financial and accounting information on managerial decisions and economic growth, as well as on the development of localities. The purpose of this paper is to present the influence of financial accounting information, their transparency, the infrastructure of the locality, county or region, on their economic growth and development. Information technology contributes to the support of decision-making processes, as well as to the involvement in working groups, which determines the increase of performance. [ABSTRACT FROM AUTHOR]