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What are the different users of accouting information and what are their requirements?
Different users of accounting information include internal users, such as management and employees, who require detailed reports for decision-making and performance evaluation. External users, like investors, creditors, and regulators, need financial statements to assess the organization's financial health and compliance. Additionally, tax authorities require accurate financial data for tax assessment and compliance purposes. Each user group has specific requirements based on their interests and objectives, such as profitability, liquidity, and compliance with regulations.
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What are the functions of accounting information?
External users of accounting information (especially investors) use accounting information like annual and quarterly reports to base their investing decisions on, and to compare different companies.Understandability This implies the expression, with clarity, of accounting information in such a way that it will be understandable to users - who are generally assumed to have a reasonable knowledge.
What is meant with internal and external users of information?
Extenal users of information are the users that are not involved in the day to day operations of the organisation. internal users are the ones who who are responsible for the operations of the organisation
What group or groups of people are not considered to be the external users of accounting information?
Internal Users of accounting information would not usually be external users. Management, staff, the board, would all be classed as internal users of financial information.
Difference between external users and internal users of accounting 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.
User of accounting information?
these are daily or day to day people dealing with accounting information these includes -the managers -prospective buyer -investors -Business Owners etc.
Give examples of non financial information that users of accounting information often need?
non financial information in accouting which is used for decision making can explained depending on certain type of industries/companies e.g. non financial information for airline company includenumber of routenumber of passengersnumber of flights per day, week etccomments of passengersetc
Where do you buy Avaya Users email contact lists?
Well, for your information let me tell you that i have bought Avaya users contact list from different vendors in the market,
What are the primary requirements to lead engineering personnel projects and other works?
end users requirements?
Why is Disney Plus asking for birthday information?
Disney Plus asks for birthday information to ensure that users meet the age requirements for certain content, such as age-restricted movies or TV shows. This helps Disney Plus comply with regulations and provide a safe and appropriate viewing experience for all users.
When was Patent Information Users Group created?
Patent Information Users Group was created in 1988.
Characteristics of information intermediaries?
Information intermediaries help facilitate the flow of information between different parties. They provide value by aggregating, filtering, and verifying information sources to make it more accessible and relevant to users. They play a crucial role in reducing information overload and helping users make more informed decisions.
What is meant with internal and external users of information?
Extenal users of information are the users that are not involved in the day to day operations of the organisation. internal users are the ones who who are responsible for the operations of the organisation
What are the functions of accounting information?
External users of accounting information (especially investors) use accounting information like annual and quarterly reports to base their investing decisions on, and to compare different companies.Understandability This implies the expression, with clarity, of accounting information in such a way that it will be understandable to users - who are generally assumed to have a reasonable knowledge.
What federal act requires all users of federal computers be trained in information systems security concerns?
The Federal Information Security Modernization Act (FISMA) requires all users of federal computers to be trained in information systems security concerns. This act outlines the requirements for federal agencies to develop, document, and implement security programs to protect their information and systems.
What group or groups of people are not considered to be the external users of accounting information?
Internal Users of accounting information would not usually be external users. Management, staff, the board, would all be classed as internal users of financial information.
Who are the Internal and External Users of Information?
Internal users of information are those business units within the organization. While, external users of information are those business linkages (outside) of the organization.
Difference between external users and internal users of accounting 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.
