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there are two types of people involved in using accounting information.
1) Internal Users
2) External Users
Internal Users are the parties inside the organisation.
They include:
a) managers
b) employees
c) owners/proprietor
External users are the parties outside the reporting entity.
They include:
a) government
b) customers
c) foreigner
d) suppliers
e) investors
f) researchers
g) others (agents, media, common man)
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∙ 11y ago
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State the person who should be interested in accounting information?
state the persons who should be interested in accounting information
Who are the parties interested by accounting data of business?
The parties that are interested by accounting data of business are Accountants and auditors.
Who are the parties interested in the accounting data?
Usually the accounting department is the main department that looks at the accounting data. Depending on the size of the organization the amount of people looking at the data will vary. Of course, the IRS will be interested into the accounting data. Payroll will be interested in the date. The CEOs or top leaders will be interested in this date. Marketing will sometimes be interested in sections of the data. It all varies depending on the size and structure of the organization.
What is the meaning of external party that interested in accounting information?
When an external party is interested in accounting information they could be interested in investing in the company. They want to make sure that the company is financially secure.
Where can I find some information on some different accounting solutions?
If you are interested on hiring a firm to take over your business accounting, you should interview a few different ones to get a good idea of their services and prices. Check out www.accountingprincipals.com/, www.accountingsolutionsltd.com, and www.accsoln.com/.
What are the different type of ledgers in accounting and its meaning?
what are different types of accounting what are different types of accounting
What type of high school student should take accounting?
The type who is interested in accounting or business.
What makes budgetary accounting different from conventional accounting?
what makes budgetary accounting different from conventional accounting
What is the accounting simplified?
Accounting Simplified is a website that aims to provide quality Financial Accounting study resources to students, professionals and others interested in learning the basics of accounting.
What type of schooling is needed for a contract accounting job?
Any accounting position will require a fair amount of schooling, and a contact accounting job is no different. At a minimum, a person seeking this type of employment will require a bachelors degree.
What are the different fields of accountung?
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
How do you know if accounting best suits you?
You will know right away if accounting is something that you are interested in. If you are good with numbers and are organized, it is probably something that you will like.
