A list of users and a list of financial information needs have been provided opposite. Identify the
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A list of users and a list of financial information needs have been provided opposite. Identify the most likely information needs for each user by drawing a line between the columns to link each user with their information needs. One example is provided to illustrate the process.
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Users Managers Investors Creditors Customers Employees and trade unions Government authorities Regulatory agencies Information needs Information to calculate the amount of tax owing and whether the entity complies with tax laws Information on whether an entity will continue to honour product warranties and support its product lines Information to determine whether the entity is operating within prescribed rules Information on whether the entity has the ability to pay increased wages and benefits, and offer job security Information to determine whether to grant credit based on risks and ability of the entity to repay debts Information to determine whether to invest based on future profitability, return or capital growth Information to plan, organise and run a business
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Related Book For
Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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