How Stakeholders use the Accounts (Cambridge (CIE) O Level Business Studies): Revision Note
Exam code: 7115
Using financial accounts to make decisions
The financial accounts of a limited liability business need to be submitted to Companies House each year
Public Limited Companies need to have their accounts audited before they publish them
Different stakeholders use the business accounts for different purposes
Stakeholder use of the financial accounts
Stakeholder | How they use the statement of financial position | How they use the income statement |
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Investors and shareholders |
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Management |
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Lenders and creditors |
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Suppliers |
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Employees |
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Regulatory bodies and tax authorities |
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Local community |
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