When you read the accounting information, What type of information do you need? User Types of needs to accounting information Investors/shareholders - Assess how effectively the managers are running the business. - Assess the ability to pay dividends. - Make decisions to buy, hold or sell ownership shares of a company. Lenders - Evaluate the risks of granting credit or lending money. - Assess the ability to pay interest and repay the amount borrowed. Suppliers and other trade creditors. - Determine whether amount owned to them will be paid when due trade creditors are likely to be interested in an entity over a short period than lenders unless they are dependent upon the continuation of entity as a major customer. ...
effectiveness is completing activities so that organizational goals are obtained. الفاعليه هى تكملة الانشطة كى تتحقق الاهداف التنظيمية or effectiveness is often described as how the things to do right. الكفاءة غالبا توضح كيفية عمل الاشياء بالشكل الصحيح
- Revenue is the benefit obtained by an industrial asset delivery of activity from the organization and susceptible to monetary quantification. - The statement of changes in equity includes for each component of equity, a reconciliation between the carrying amount at the beginning and the end of the period. - The balance sheet reports on company’s financial position at a point in time, assets, liabilities and equity are the elements of the balance sheet. - A statement of profit or loss as at the end of the period. - The income statement reports on a company’s performance over a period of time (between two balance sheet dates), presenting the income, expenses and the difference between them. - Liabilities are present obligation of entity to transfer an economic resource as a result of past events. - Assets are present economic resources controlled by the entity ...
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