Accounts
Why do users of accounting Information need accounting information?
External users of accounting information (especially investors) use accounting information like annual and quarterly reports to base their investing decisions on, and to compare different companies with one another.
Internal users of accounting (mostly managers) use internal accounting information in order to plan.
Internal users of accounting (mostly managers) use internal accounting information in order to plan.
Advertisement
More from this specialization
- What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
- What is debit and credit from the customer point of view ?
- Tell us about the most difficult customer you had to tackle with.
- What is the difference between cost accounting management accounting and financial accounting?
- What Does An Internal Audit Charter Contain?
- What is an EA in accounting?