Uses And Users Of Financial Statements:
Different classes of people are interested in the financial statement analysis with a view to assessing the economic and financial position of any business or industrial concern in terms of profitability, liquidity or solvency. Such persons and bodies include:
- Shareholders
- Debenture-holders
- Creditors
- Financial institutions and commercial banks
- Prospective investors
- Employees and trade unions
- Tax authorities
- Govt. departments
- The company law board
10. Economists and investment analysis, etc.
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