Users of Accounting Information - Explained
Who are the Users of Accounting Information?
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
-
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
- Courses
Who are Users of Accounting Information?
Users of accounting information generally include:
- Investors (Shareholders)
- Creditors (Lenders)
- Government
- Consumer Groups
- External Auditors
- Customers
External Users of Accounting Information
Financial Accounting is really focused on external users. External users include investors and creditors. Investors being the shareholders. Creditors are lenders to the company.
You might also think of the Government as an external user of accounting information. Other external groups might include customers and external auditors.
Internal Users of Accounting Information
Manager accounting or managerial accounting deals more with end users who are more internal users. Internal users of accounting information include executives, managers, internal auditors, sales staffs, budget analysts, controllers, etc.