Who are the users of accounting informations ?

Solution:-

Following are the users of accounting information:

1• Internal Users :- Internal users are the users who are directly related to business and involved in operations of business such as partners or the directors. Their needs are met by accounting information provided by reports of the business enterprise such as Profit& Loss Account, Balance Sheet and Cash flow statement.

2• External Users:- Individuals or organization who have present or future interest in business enterprise but are not part of management are called external users of information. These external users are:-

1. Owners

2. Potential Investors

3. Creditors

4. Lenders

5. Employees

6. Government

7. Researchers

8. Public