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Briefly discuss the informational needs of any three external users

Posted by Dhruv Bothra 7 years, 4 months ago

CBSE > Class 11 > Accountancy

1 answers

Kiran Jot Toor 7 years, 4 months ago

Three external users are : 1.Banks 2. Government 3.investors 1. BANK:the banks use the accounting information to insure the loan facility to firm. 2. GOVERNMENT:It use the accounting information to make the policy and to check the taxes paid by the firm. 3.INVESTORS:They use accounting information to ensure their investment in the business of that firm .

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