{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Chapter 1 Lecture Slides - Part 1(1)

Chapter 1 Lecture Slides - Part 1(1) - Start with the book...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
3/17/11 Start with the book Add examples and discussion
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 2
Investors Community Board of Directors, Management, Employees Suppliers Creditors Customers Analysts Government Some Major Internal and External Stakeholder Groups
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Some Decisions by Internal Users § Marketing : set price? sales forecast? § Production managers : buy or sell capacity? automate or not? § Human resource managers : number of employees to hire? training budget? § Finance: issue stock?
Background image of page 4
Some Decisions by External Users § Investors: whether to buy, hold, or sell stock? § Creditors: whether the business can repay the money it wants to borrow? § Customers: will the business be able to continue operating long enough to provide post- sale services? § Suppliers: will the business have adequate cashflow to pay its bills on time?
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
3/17/11 Where Do Users Get Accounting Information? Financial accountants provide external users with financial reports. Auditors provide audit opinions on these reports.
Background image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}