Discuss what the primary concerns are to both groups

Assignment Help Accounting Basics
Reference no: EM132473197

A major aim of financial information is to provide inputs for decision¬-making. Accounting can be described as the information system Which identifies, records, and communicates the financial activity of an entity to others? The users of accounting information are easily separated into two groups: internal users and external users.

Respond to the following in a minimum of 175 words:

Question 1: Discuss who are the internal users and external users of accounting information.

Question 2: Discuss what the primary concerns are to both groups.

Reference no: EM132473197

Questions Cloud

Identify benefits of the requirements on financial reporting : Explain why deferred tax assets and liabilities are recognized and reported on a corporation's balance sheet. Include a discussion of valuation allowance.
What portion of the burden of the tax will consumers pay : There is a per unit tax of t=2. What portion of the burden of the tax will consumers pay?
What is the gdp by both the expenditure and income methods : What is the GDP by both the expenditure and income methods?
How does this bank income for future years : What is the effect of increasing the estimate of bad debts from 10% to 15% of accounts receivable? How does this "bank" income for future years
Discuss what the primary concerns are to both groups : Determine and Discuss who are the internal users and external users of accounting information. Discuss what the primary concerns are to both groups.
Lower equilibrium price and a higher equilibrium quantity : Show the case in which this announcement results in a lower equilibrium price and a higher equilibrium quantity than before the announcement.
What amount should john record as premium expense : John estimates that 30% of the coupons will be redeemed. In 2014, John sold 4,000,000 boxes of cookies. What amount should John record as premium expense
Describe the impact to the real wage and real rental price : ) Describe the impact to the real wage and real rental price of capital that occurs in the long run equilibrium that immediately follows the decision to adopt
Prepare the journal entries required for these transactions : On March 1, 2014, Amber Company sold goods to a foreign customer at a price of 50,000 foreign currency units. Prepare journal entries required for transactions

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd