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What are the qualities of useful accounting information

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Reference no: EM13341174

There are many people who use financial statements in their decision-making process: stockholders, investors, creditors, regulators, employees, and senior managers. You are an investor.

  • Which types of information on the financial statement are useful to investors in their investment decisions in the capital market?
  • Which types of information on the financial statement are useful to creditors in their decisions in the capital market?
  • What are the qualities of useful accounting information?
  • How do these qualities of accounting information affect investor and creditor decisions? What would happen if those qualities were lacking? How might that change your decisions?

In your own words, please post a response to the Discussion Board and comment on at least 1 other posting. You will be graded on the quality of your postings.

Reference no: EM13341174

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