primary users of reports, (2) types and frequency of reports, (3) purpose of reports, (4) content of reports, and (5) verification process. Financial Accounting Managerial Accounting • External users:shareholders, creditors, and regulator Primary Users of Reports • Internal users:officers and managers • Finacial statements Types of Reports • Internal reports • Quaterly and annually Frequency of Reports • As frequency as needed • General-purpose Purpose of Reports • Special-purpose…
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