Users & uses of accounting information

The information developed by the accountant's information system can be useful to:

Ø  Managers in planning, controlling, and evaluating their organization's activities

Ø  Owners, directors, and others in evaluating the performance of the organization and determining operating, compensation, and other policies

Ø  Union, governmental, regulatory, taxing, environmental, and other entities in evaluating whether the organization is conforming with applicable contracts, rules, laws, and public policies and/or whether changes are needed;

Ø  Existing and potential owners, lenders, employees, customers, and suppliers in evaluating their current and future commitments to the organization

Ø  Accounting researchers, security analysts, security brokers and dealers, mutual-fund managers, and others in their analyses and evaluations of enterprises, capital markets, and/or investors