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The main users of financial information are external to organization.

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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December 10, 2020 at 12:47 pm #599069
Talha.m
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Is this statement is true?
December 10, 2020 at 2:49 pm #599106
John Moffat
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No.
Certainly many users of the information in the financial accounts are external to the company (such as lenders, suppliers etc.), but there is a lot of financial information that is not available to external users and is used within the company to help make decisions.
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