user of financial statements Flashcards
1
Q
owner
A
To assess profits and to inform decision making.
2
Q
employees
A
To ensure their jobs are secure.
3
Q
HMRC
A
To ensure the business is paying the correct amount of tax.
4
Q
trade unions
A
To assess if their members are due a pay rise
5
Q
competitors
A
To measure their success against each other.
6
Q
investors
A
To assess the potential for investment.
7
Q
lenders
A
To decide whether or not to give a loan.
