User and Information
User and Information
User = Proprietor
Information needs = Main user of Accounting .
User Management = plan, control and
execute
User Suppliers of goods and services : Who supplies goods and services to business on credit .
User Banking and Financial Institutions :
Who provide loun to the business are interested to know credit worthiness of the business .
Prospective Investors : persons who are to make investment in some companies.
Government : Uses Accounting information for buying various taxes(Income, sales tax, excise duty)
Customers : Customers who places orders and are dependent on a specific business organisation for their supplies.
Employees : Asses their salary increases and bonus by studying profitability of the business.
Regulatory Agencies : Company law department RBI requires information to be filled with them under law .
Counts : Cost use accounting information and other related data.
Research : Who have undertaken research on any aspect of business activities.
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