Why are the following parties interested in accounting information:-
(i) Investors
(ii) Government
(iii) Consumers
(iv) Management
(v) Employees and Workers
- TO KNOW ABOUT THE PROFITABILITY, FINANCIAL POSITION AND FUTURE PROSPECTS OF THE BUSINESS.
- TO KNOW ABOUT THEPROFITABILITY, FINANCIAL POSITION AND TAX LIABILITYOF THE BUSINESS.
- TO KNOW ABOUT THE PRICING.
- TO KNOW ABOUT THEPROFITABILITY IN RELATION TO INVESTMENT, MANAGERIAL DECISIONS AND LIQUIDITY OF THE CONCERN.
- TO KNOW ABOUT THEPROFITABILITY