ACTG 1P12 Lecture Notes - Competition Commission

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The financial accounts provide a wealth of information that is useful to various users of financial information, as summarised below: Investors are concerned about risk and return in relation to their investments. They require information to decide whether they should continue to invest in a business. They also need to be able to assess whether a business will be able to pay dividends, and to measure the performance of the business" management overall. Banks and other financial institutions who lend money to a business require information that helps them determined whether loans and interest will be paid when due. Suppliers and trade creditors require information that helps them understand and assess the short-term liquidity of a business. Customers and trade debtors require information about the ability of the business to survive and prosper. As customers of the company"s products, they have a long-term interest in the company"s range of products and services.

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