USERS OF

ACCOUNTING
INFORMATION
INTERNAL USERS
Internal users of accounting
information are those individuals
inside a company who plan, organize,
and run the business. These users are
directly involved in managing and
operating the business. These include
marketing managers, production
supervisors, finance directors,
company officers and owners
 
EXTERNAL USERS
External users are individuals and
organizations outside a company
who want financial information
about the company. These users are
not directly involved in managing
and operating the business. The two
most common types of external
users are potential investors and
creditors.
 Potential Investors use accounting
information to make decisions to buy shares
of a company . Creditors (such as suppliers
and bankers) use accounting information to
evaluate the risks of granting credit or
lending money. Also included as external
users are government regulatory agencies
such as Securities and Exchange
Commission (SEC), Bureau of Internal
Revenue (BIR), Department of Labor and
Employment (DOLE), Social Security
System (SSS), and Local Government Units
(LGUs).