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Is employee an external user of accounting information?

External ueser


Why do molex have to hire an external auditor?

Molex may need to hire an external auditor to ensure compliance with financial regulations and accounting standards, providing an independent assessment of their financial statements. An external audit enhances credibility with stakeholders, including investors, customers, and regulators, by verifying the accuracy and reliability of financial reporting. Additionally, it can help identify potential areas for improvement in internal controls and operational efficiency. Overall, an external audit supports transparency and builds trust in the company's financial practices.


What are the basic categories of the users of accounting information?

The basic categories of users of accounting information include internal users and external users. Internal users, such as management and employees, utilize accounting data for decision-making, performance evaluation, and operational planning. External users comprise investors, creditors, regulators, and other stakeholders who require financial information to assess the organization's financial health and make informed decisions regarding their involvement with the entity. Each group relies on accurate and relevant accounting information to meet their specific needs and objectives.


Examples of external users of accounting information?

external aiditor,shareholder,goverment etc


Internal and external accounting information?

internal = inside business external = outside business

Related Questions

What Command Staff position serves as the conduit between internal and external stakeholders including the media or other organizations seeking information from the incident or event?

Public Information Officer


Which Command Staff position serves as the conduit between internal and external stakeholders including the media or other organizations seeking information directly from the incident or event?

Public Information Officer


Which Command Staff position serves as the conduit between internal and external stakeholders including the media or other organizations seeking information from the incident or event?

Public Relations Officer


Which Command Staff position serves as the conduit between internal and external stakeholders or other organizations seeking information directly from the incident or event?

Public Information Officer


What command staff position serves as the conduit between internal and external stakeholders including the media?

Public Information Officer


Examples of external stakeholders?

External stakeholders are individuals or groups outside of an organization who have an interest or influence in its operations and outcomes. Examples of external stakeholders include customers, suppliers, shareholders, government agencies, non-governmental organizations, and the local community.


Types of stakeholders?

There are two type of stakeholders which are internal stakeholders and external stakeholders. Thank you


Are all internal stakeholders primary stakeholders?

No, government and creditor are the external stakeholders.


Identify external stakeholders of a business?

external stakeholders of a business are government, local, community, pressure, groups and the media.


Who are the external stakeholders?

James Madison


What is outside the organizations in computer?

Outside of organizations in computing, there are various external factors that can influence operations and decision-making. These include competitors, market trends, regulatory environments, and technological advancements. Additionally, external stakeholders such as customers, suppliers, and partners play a crucial role in shaping business strategies and innovation. Understanding these external elements is essential for organizations to remain competitive and responsive to changes in the landscape.


Types of listening that would be required with important internal and external stakeholders?

Types of listening that would be required with internal and external stakeholders?