Internal users of Accounting Information
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Internal users of Accounting Information
The internal users of accounting information are with inside the business and this is whether they own, manage, or work for the business. One internal user of accounting information is the owner or owners. The reason for them using the information is to determine how well the business is performing and whether it is profit or loss making. Another internal user of accounting information is management. The reason for management using this information is to help plan, analyse, and also make decisions for the business. Another internal user of accounting information is employees. The reason for employees using the account information is to help and assist in preparing reports such as the financial statements.
