Who uses financial information?

Many groups of people are interested in the published accounts of a company. The information they provide may influence future decisions. For example:

  • lenders will be looking at the solvency of a business
  • rivals are interested in monitoring the profits earned by competitors
  • banks can use them to make lending decisions
  • government (HMRC) use financial information to calculate tax payments
  • owners will look at financial statements to help them make decisions
  • employees will use them to ensure their jobs are secure
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