who are the user of accounting information?
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Answered by
18
Answer:
Examples of internal users are owners, managers, and employees. External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.
Answered by
32
Answer:
The information has two groups of users:
- internal users
- external users
Internal users: Internal users are those people who have direct control over the business enterprise such as owner and management.
External users: External users are those people who have present or future interest in the business enterprise nd are not the part of management. For example, potential investors,
government authorities, competitors etc.
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