Tags Microsoft Windows Business Accounting and Bookkeeping Windows XP

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Electronics>Computers

Give some examples of external users of accounting information?

Anonymous

∙ 16y ago

Updated: 10/3/2023

If a company is public, current & potential shareholder's will utilize accounting information. Auditors and the SEC review the books as well. The financial statements gives a snapshot of the condiditon of a company.

Wiki User

∙ 16y ago

Still curious? Ask our experts.

Chat with our AI personalities

Rene

Change my mind. I dare you.

Chat with Rene

Lao

The path is yours to walk; I am only here to hold up a mirror.

Chat with Lao

Ezra

Faith is not about having all the answers, but learning to ask the right questions.

Chat with Ezra

More answers

Three external users of a company's accounting information would be the Internal Revenue Service, a bank, and a share holder of stock. The Internal Revenue Service is going to want to know how much is earned and how much is spent. The bank might want to know how solvent the company is. A share holder is going to want to know how much they might earn in dividends for a given period.

Wiki User

∙ 10y ago

Accounting information external users are:

1 - Financial institutions: they are interested in information so that they can invest in company to earn profit

2 - General public: Public is also interested to find out how business is performing so that they also can buy shares.

3 - Creditors: Creditors are interested in financial information before granting credit to company whether company able to return at time of maturity or not.

Wiki User

∙ 10y ago

Add your answer:

Earn +20 pts

Q: Give some examples of external users of accounting information?

Write your answer...

Submit

Still have questions?

imp

Trending Questions

What happened to the surface area and the volume as the total number of cubes increased? What is BITS clocking? What is raid technology used for? Does Mac Need Antivirus Protection or Not? Preventing the sale of a new computer chip that can be used in the guidance system of missiles is an example of which reason to limit trade? How much does a ram cost? what are the options of speed at which transition effects can be set in a presentation? What 3 examples of software? What is port security corp address? How many pints fill up a pool? What is displayed next to a cell in which a formula error occurs? What you will check when any user is not able to launch citrix application? What is high or low importance in emails? The slide that is used to introduce a topic and set the tone for the presentation is called the .? Why is a channel's actual data transfer rate usually less than the theoretical maximum of the technology used to implement the channel? Examples of scanning devices? What are the most important keys in a computer keyboard? What types of restore points are created by the system and what types are created by users? What are the slide things? What is the rudest or funniest unix command?

Related Questions

Examples of external users of accounting information?

external aiditor,shareholder,goverment etc

Difference between external users and internal users of accounting information?

External Users of accounting information are NOT directly involved in running the organization. Internal Users of accounting information are those individuals directly involved in managing and operating the organization.

Which type of accounting information is intended to satisfy the needs of external users of accounting information?

Financial accounting

What group or groups of people are not considered to be the external users of accounting information?

Internal Users of accounting information would not usually be external users. Management, staff, the board, would all be classed as internal users of financial information.

The main users of accounting information?

This are in two groups, external users and internal users. External come from outside the business while internal are from inside the business. Examples of external are insurers, suppliers, customers, government tax auditors, etc while internal accounting users are within the business, thus shareholders, owners of the business

Two common areas of accounting that respectively provide information to internal and external users are?

Internal users with information are managerial accounting is to provide relevant and timely information for managers' and employees' decision-making needs. (private accounting) External users of accounting information include customers, creditors, and the government. These users are not directly involved in managing and operating the business are call financial accounting. Their job is to provide relevant and timely information for decision-making needs of users outside of the business. 1. managerial accounting and financial accounting

Is Managerial accounting information used by external and internal users equally?

Yes

What are the functions of accounting information?

External users of accounting information (especially investors) use accounting information like annual and quarterly reports to base their investing decisions on, and to compare different companies.Understandability This implies the expression, with clarity, of accounting information in such a way that it will be understandable to users - who are generally assumed to have a reasonable knowledge.

How does it benefit external users in accounting principles?

of accounting principles

Why accounting is called language of business?

Accounting is a language of business because it communicates all the financials information about working of business to external users.

Why did the external users and internal users use accounting information?

External users are not directly involved in the running of the business, they include shareholders, lenders, customers, suppliers, regulators, lawyers, brokers and the press. Yet these users can affect and be affected by the organization. External users rely on accounting information to make better decisions in pursuing their goals for the organization.Internal Users of accounting information are those individuals directly involved in managing and operating an organization. They include managers, officers, and other important internal decision makers. Internal users make the strategic and operational decisions for the business or organization. The internal role of accounting is to provide information to help improve the efficiency or effectiveness of an organization in delivering products or services to the marketplace.

Accounting information is used only by external users with a financial interest in a business enterprise. true or false?

false

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.