Internal Users: The internal users are the users of the information who are within the organization. The internal users of the information are the users who directly manage the organization. The internal are the members and the other individuals of the organization who need or use financial information in running and managing the business. The examples of internal users are purchasing manager, human resource manager, production manager, all other managers, employees, CEOs or directors etc. External Users: The external users are the users of the information who are outside the organization. The external users of the information are the users who do not directly run the business or the organization and have an access on the information to the point, the internal users provided the information to external users. To Identify: The following users as internal (I) or an external (E) user of accounting information − Customers Suppliers External auditors Business press Managers District attorney Shareholders Lenders Controllers FBI and IRS Consumer group Directors

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Chapter 1, Problem 2QS

To determine

Concept Introduction:

Internal Users:

The internal users are the users of the information who are within the organization. The internal users of the information are the users who directly manage the organization. The internal are the members and the other individuals of the organization who need or use financial information in running and managing the business. The examples of internal users are purchasing manager, human resource manager, production manager, all other managers, employees, CEOs or directors etc.

External Users:

The external users are the users of the information who are outside the organization. The external users of the information are the users who do not directly run the business or the organization and have an access on the information to the point, the internal users provided the information to external users.

To Identify:

The following users as internal (I) or an external (E) user of accounting information −

Customers

Suppliers

External auditors

Business press

Managers

District attorney

Shareholders

Lenders

Controllers

FBI and IRS

Consumer group

Directors

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