Thursday, March 19, 2015

How might the stakeholder group use the published accounts?

How might the stakeholder group use the published accounts?
there are several stakeholder that have a interest in the business activity..for example ,bank ,the work force of the business itself,government,supplier and so..

FIRSTLY,THE BANK,they may use the publish account to check whether to loan the fiance to the business based on their whether they has the ability to pay the debt..bank usually will check whether the business is a good business that dn delay paying back the loan and whether they cn pay back the loan..

SECONDLY,the supplier ,usually a supplier is to supply stock to the business for their need to production process..to supply stock to the business,supplier usually will check their account whether they wil delay their payment and their reputation of the business ,for example,if the business always delay to pay the stock of good then the supplier usually won supply the good to the business ,because the business itself is a business is difficult to collect the cost of the good..

No comments:

Post a Comment