users of accounting information

• Accounting information


  Information about the company's resources<|>Information about the company's obligations<|>Information about the profitability of the company<|>Information about the company's capital and cash inflows and cash outflows
• Financial statements


  • Statement of financial position
  • Income statement
  • Statement of changes in equity
  • Statement of cash flows
• Internal users of accounting information

  • Owners
  • Managers
• Internal users


  Make decisions for the company<|>Curious about the stability of their own company
• Owners


  Provide capital to the business<|>Assess if the business needs additional funding<|>Want to know how the business is doing
• Managers


  Plan and organize the firm<|>Need financial information to properly plan and organize
• Internal users

  Need accounting information primarily for decision making
• External users of accounting information

  • Investors
  • Creditors
  • Customers
  • Employees
  • Suppliers
  • Tax authorities
  • Government
  • General public
• Investors


  Decide whether to invest in the company<|>Assess the stability and growth potential of the company
• Creditors


  Decide whether to lend money to the company<|>Assess the company's ability to pay back the loan and interest
• Customers


  Assess the business continuity and stability of the company they depend on
• Employees


  Assess the stability and continuity of the company they work for
• Suppliers


  Assess the company's ability to pay for the goods and services provided
• Tax authorities


  Assess the company's compliance with tax regulations
• Government


  Assess the company's compliance with rules and regulations
• General public


  Curious about new trends in the business
• External users need information about the business in totality