Accounting information is the chief means of communicating the results of management's stewardship to external and internal users. The external users. Receive their information in annual and quarterly reports, which include the balance sheet, the income statement, and the statement of changes in financial position. The internal users, executive management and all other levels of management, have access to many sources of information required for the execution of PLANNING AND CONTROL tasks.
Accounting information is the chief means of communicating the results of management's stewardship to external and internal users. The external users. Receive their information in annual and quarterly reports, which include the balance sheet, the income statement, and the statement of changes in financial position. The internal users, executive management and all other levels of management, have access to many sources of information required for the execution of PLANNING AND CONTROL tasks.
Accounting information is the chief means of communicating the results of management's stewardship to external and internal users. The external users. Receive their information in annual and quarterly reports, which include the balance sheet, the income statement, and the statement of changes in financial position. The internal users, executive management and all other levels of management, have access to many sources of information required for the execution of PLANNING AND CONTROL tasks.