State six users of accounting information and explain how each uses the information
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State six users of accounting information and explain how each uses the information
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- Users of accounting information can be identified as internal and external users.List two of users in each category and the type of information they require.What are the five elements/components of Accounting Information System? Describe eachDiscuss the twelve objectives of accounting and the four information needs of users as outlined by the Trueblood Committee.
- Describe five internal users of financial information and their information needsList three professional certifications offered in accounting and the organizations that offer them.The users of accounting information can be classified into internal and external users. Clearly explain these giving clear examples and identifying the information needs for each.
- List out any five users of accounting information and discuss how accounting information help them in decision making process with the help of appropriate examples.Name and define six major elements of accounting?List out any five users of accounting information and discuss how accounting information help them in decision making process with the help of suitable examples.
- Select any five of the Generally Accepted Accounting Principles (GAAP) and describe how each of them enhances the usefulness of accounting information.Explain the three basic components of an accounting information system?Identify four other users of financial statements and explain their information needs