it doesnt actually affect stakeholders
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
They need accounting information to make a study and assess how accounting information affect business organisation.
Investors need the accounting information to see that how company is performing to decide whether to invest or not in company.
Entrepreneurs need to have accounting and financial information to determine the feasibility of their business. It is also important to know if what you are doing is profitable .
it doesnt actually affect stakeholders
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.
Accounting users need accounting information in order to give them the true state of their financial transaction and records.
They need accounting information to make a study and assess how accounting information affect business organisation.
Investors need the accounting information to see that how company is performing to decide whether to invest or not in company.
To perform Financial Analysis on companies
Entrepreneurs need to have accounting and financial information to determine the feasibility of their business. It is also important to know if what you are doing is profitable .
Think of accounting as the language of business. In order to communicate to investors, lenders, boards of directors and other stakeholders, it is critical that one is well versed in the language. Accounting records are the source information for financial statements which are used for many purposes including evaluating a business, making strategic decisions and assessing the health of an organization.
shareholders,creditors,suppliers,managers,investors,public and customers need accounting information for?
Stockholders
Analyzing costs information using an accounting software program Notifying Stakeholders of progress
Analyzing costs information using an accounting software program Notifying Stakeholders of progress