Auditors need accounting information because their job is to compile the information and make sure it is accurate. Auditors make sure the numbers add up which is extremely useful information to know.
The parties that are interested by accounting data of business are Accountants and auditors.
types of stakeholder and there accounting information needs
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
They need accounting information to make a study and assess how accounting information affect business organisation.
Investors need the accounting information to see that how company is performing to decide whether to invest or not in company.
Auditors use accounting information to ensure that a business is operating as it should. Many auditors working with the Securities Exchange Commission have the ability to fine companies that are not complying.
The parties that are interested by accounting data of business are Accountants and auditors.
Quality control of AISs involves many activities, including the services of both external auditors (public accountants) and internal auditors.
types of stakeholder and there accounting information needs
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
They need accounting information to make a study and assess how accounting information affect business organisation.
Business owner Auditors Employees Share holders.
Investors need the accounting information to see that how company is performing to decide whether to invest or not in company.
Auditors review a company's financial records and banking information. They make sure the company is presenting the financial information accurately, fairly, and in line with generally accepted accounting principles.
Most accountants and auditors need at least a bachelor's degree in business, accounting, or a related field. Many accountants and auditors choose to obtain certification to help advance their careers, such as becoming a Certified Public Accountant (CPA).
No, auditor is a title. There are IRS auditors, insurance audiors, etc. and their job functions may be totally different. Most auditors do have accounting, budgeting or other financial experience or education.
To perform Financial Analysis on companies