0
To decide if they are going to increase or decrease their holding.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Function of accounting?
Accounting helps the business create reports for both internal and external shareholders. Accounting also helps a business understand their financial position within the industry.
Why are shareholders interested in financial information?
because they want to
What are the Flaws in the accounting information system?
pls give me accounting informotion systam
What are the disadvantages of accounting information system?
To many companies rely on accounting information systems because they are so prevalent. If the system fails, the business would be at a loss for information.
Why is accounting information regulated?
Accounting information is regulated because a lot of stakeholders make business decisions based on this information. If it wasn't regulated, business may be inclined to distort the numbers.
Importance of accounting information to government?
shareholders,creditors,suppliers,managers,investors,public and customers need accounting information for?
How do potential shareholders use accounting information?
The shareholders require information on the value of their investment and income that is derived from their shareholding.
What are the purposes of accounting information?
The purpose of accounting information is to provide financial data that will serve as a basis for future decisions. This information is commonly used by business owners and shareholders.
Who uses accounting information?
Many people use accounting information including investors, government entities and shareholders. Since so many people use accounting information, the reports must be accurate.
Who are the direct users of information in accounting?
the shareholders or the owner of the business are the direct users of the account
Why do shareholders or owners need accounting information?
Share holders and owners need the financial information to see that how company performing and if there is any improvement required it should be done while shareholders needs to see that how company performing whether they should invest more or take out investment already made.
How are cost accounting and financial accounting similar?
Simple answer: They both provide useful information to users. Thus is the true goal of accounting. Cost accounting users= managers Financial accounting user= shareholders
Financial and management accounting?
The Financial accounting is mainly for the people outside a given organization such as the shareholders. The management accounting provides information to the people within a given organization.
Why does stakeholders need accounting information?
types of stakeholder and there accounting information needs
Why every users need accounting information?
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
How does accounting information helps research scholars?
They need accounting information to make a study and assess how accounting information affect business organisation.
Identify the users of accounting information?
there is many users of accounting information in business. they r mainly divided into 2 category .first is internal users i.e employees ,managers,shareholders ,owners the other hand external users i.e suppliers,competitors,lendors,creditors.goverment authority
