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Saturday, 31 October 2009

Internal Users Of Accounting Information

Posted on 20:13 by Unknown
Internal users of accounting information are persons related to the organisation itself.

1. Owners : Business owners want to know whether their funds are being properly used or not. Accounting information helps them them to know the profitability and the financial position of the concern in which they have invested their funds.

2. Management: Accounting information is called the eyes and ears of management.It helps a manager in appraising the performance of the subordinates.

3. Employees : Employees of the organisation can get the actual information about the financial position of their organisation with the help of financial statements prepared by the accountant.
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      • Limitations Of Financial Statements
      • Importance Of Financial Statements
      • Concept, Features And Objectives Of Financial Stat...
      • Limitations Of Accounting
      • Internal Users Of Accounting Information
      • Users Of Accounting Information
      • External Users Of Accounting Information
      • Classification Of Accounting
      • Functions Of Accounting
      • Objectives Of Accounting
      • Introduction Of Accounting
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