Accounting Information Required By Different Users Like Employees,customers, Govt, Competitors, Suppliers, Managers,owners, Can You Help?


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Aisha answered
Accounting information is very important for all these customers. Owners need it to know the profitability of their company. Managers need it for better decision making for future. Customers require it for knowing their company better and suppliers need it for knowing whether or not they would get their bills cleared. Government needs it to know whether the company is applying fair means for everything. And competitors want to know the competitive standing of the company in the market.

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