It depends whether or not you differentiate between 'users' and 'preparers' of accounting information.
Normally Accountants are the preparers of accounting information. The users are people that use the information (for investment decisions, evaluating management effort). The main group of users of accounting information for listed companies are investors.
Stating that accountants are the primary users of accounting information is similar to stating that bakers eat most of their bread.
accountants
creditors
Management
External Users of accounting information are NOT directly involved in running the organization. Internal Users of accounting information are those individuals directly involved in managing and operating the organization.
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
accountants
creditors
Management
what is marketing? and what is basic factions?
Accountants must be individuals of high integrity so that the financial information they prepare is viewed as trustworthy by the users of the information.
External Users of accounting information are NOT directly involved in running the organization. Internal Users of accounting information are those individuals directly involved in managing and operating the organization.
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
Accounting information is presented to internal users in the form of management accounts, budgets, forecasts andÊfinancial statements. External users are communicated accounting information in the form of financial statements. These users are creditors, tax authorities, investors, etc..
Financial accounting
Following are the users of accounting information systemmanagementemployees etc.
Internal users with information are managerial accounting is to provide relevant and timely information for managers' and employees' decision-making needs. (private accounting) External users of accounting information include customers, creditors, and the government. These users are not directly involved in managing and operating the business are call financial accounting. Their job is to provide relevant and timely information for decision-making needs of users outside of the business. 1. managerial accounting and financial accounting
Cost accounting is usually involved with management accounting. Financial accounting tends to deal with the past and presents information like statements for public and private use. Management accountants are involved with the budgeting and costing sides of things and present information only for the sole users of the business, so only internal uses like management, shareholders etc.