ACC 502 Topic 1 DQ 1

External users of financial statements use the information to make key business decisions. Some common users include banks, investors, suppliers, and customers. Briefly describe one reason why one of these stakeholders would evaluate the financial information and provide at least one example to illustrate your ideas. You must provide a minimum of 1 scholarly resource to support your rationale. Participate in follow-up discussion by providing additional reasons and examples that have not already been listed related to the stakeholders' evaluation of financial statements.

ACC 502 Topic 1 DQ 2

Internal users of financial statements use the information to make key business decisions. Some common users include managers, employees, internal accountants, and executives. Briefly describe one reason why one of these stakeholders would evaluate the financial information and provide at least one example to illustrate your ideas. You must provide a minimum of 1 scholarly resource to support your rationale. Participate in follow-up discussion by providing additional reasons and examples that have not already been listed related to the stakeholders’' evaluation of financial statements.