Considering how fast our world is passing through a period of great transit from the traditional accounting to a creative accounting with developed ramifications into computerized and cloud accounting lots of countries should consider make immediate steps to catch up. Moreover the development of ICT has created new dimensions not only in accounting but also in other areas that are strictly under the influence of a dynamic business environment. We discuss the roll of information in a world were high productivity and quality research is a prerequisite for success. But beyond the importance of information, knowledge and decision, new requirements such as access to information, time of transformation, transmission speed, decision making speed are highly important. The purpose of this paper is to discuss and demonstrate how all of these dimensions favor a better financial management, also a decrease of human resources can even save time by using available ICT.