■ Users of Financial Accounting Information
■ 1. Internal Users
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Owners / Shareholders – check profits, growth, and return on investment.
Management – plan, control, and make strategic decisions.
Employees – want to know about job security, wages, and bonuses.
■ 2. External Users
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Investors – decide whether to buy, hold, or sell shares.
Creditors / Lenders (Banks, Suppliers) – check if the company can pay back debts.
Government & Regulators – for tax collection and compliance.
Customers – want to know if the company is stable and can supply in the future.
General Public – interested in the company’s contribution to the economy and community.
■ Summary: Financial accounting information is mainly for external users, while management
accounting is designed for internal users.