A major aim of financial information is to provide inputs for decisionâ€making.â€¯Accountingâ€¯can be described as the information system which identifies, records, and communicates the financial activity of an entity to others.â€¯The usersâ€¯of accounting information are easily separated into two groups: internal users and external users.
Respond to one or more of the following in a minimum of 175 words:
- Discuss who are the internal users and external users of accounting information.
- Discuss what the primary concerns are to both groups.
- Describe the four financial statements. Which one is most useful to users? Explain.
- Working capital is used to measure a company’s ability to meet it’s current financial obligations and is calculated by subtracting current liabilities from current assets. It can be an indicator of how much the company can grow/function without securing funding from outside sources. What can be done to ensure working capital is managed efficiently to maximize net income?
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!
NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
The post users of accounting information 2 appeared first on The Nursing Hub.