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Enumerate the different users of financial information and explain their specific needs.​

Sagot :

Step-by-step explanation:

They include: Owners/investors - profit generation, returns, and growth. Management - for operational and strategic decisions. Lenders - ability of company to pay loans.

Answer:

In accounting, users refer to parties that are interested in information about an entity's financial information. They include: Owners/investors - profit generation, returns, and growth. Management - for operational and strategic decisions.

  1. Owners/investors - profit generation, returns, and growth.
  2. Management - for operational and strategic decisions.
  3. Lenders - ability of company to pay loans.
  4. Suppliers/creditors - ability to settle trade obligations.
  5. Government - tax and regulatory purposes.
  6. Employees - compensation and job security.
  7. Customers - ability to stay in business and deliver promises.
  8. The general public - research, financial news, etc.

Step-by-step explanation:

I hope it helps.