ACC 561 Wk 1 Discussion – Users of Accounting Information

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ACC 561 Wk 1 Discussion – Users of Accounting Information
ACC 561 Wk 1 Discussion – Users of Accounting Information
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ACC 561 Wk 1 Discussion – Users of Accounting Information

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

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:

  • Discuss who are the internal users and external users of accounting information.

  • Discuss what the primary concerns are to both groups.

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.