Who are the direct and indirect users of accounting?

Answer 1

Direct users of accounting are the company's management and employees who use financial statements for decision-making. Indirect users are external parties like investors, creditors, and government agencies who rely on financial reports for evaluating the company's performance and financial health. So, in a nutshell, everyone and their grandma are peeking at those numbers to see if the company is worth its salt.

Answer 2

Oh, dude, direct users of accounting are like the company's management, investors, and creditors who use financial statements for decision-making. Indirect users are like the general public, government agencies, and competitors who might not directly access financial reports but are affected by them. So, like, everyone's kind of involved in this accounting party whether they like it or not.

Answer 3

The users with direct interest (direct users) use financial information as a tool to protect their own interest in the enterprise. They include the owners, managers, creditors, suppliers, customers, employees and taxing authority. The users with indirect interest (indirect users) obtain and use accounting information to provide advice to or protect the interest of a direct user. Users of this type include regulatory agencies, which protect the interest of investors and the public, the labor unions , which protect the interest of the employees, and the financial and legal consultants who provide advice to their clients who may be customers, lenders or suppliers of the firm.