write down various user those are intrested in getting acconting information
Answers
Answer:
Explanation:
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.
Creditors include suppliers and lenders of finance, such as banks. Trade creditor are generally interested in the accounting information for a short period of time than lenders. Investors – They need the information, because they are concerned with the risk inherent in investing and the returns.
Internal users include managers and other employees who use financial information to confirm past results and help make adjustments for future activities. External users are those outside of the organization who use the financial information to make decisions or to evaluate an entity's performance.