Accounting › Section A · Accounting and the financial statements › Topic A.2
Who uses accounting and what accountants do
Accounting exists to serve the people who make decisions, inside and outside an organisation. This topic sorts those users into groups, describes the kind of information each needs, and shows what accountants actually do in businesses, governments and not-for-profit organisations.
In this topic
- Two groups of users
- What external users want to know
- What internal users want to know
- Features of financial information
- Where the information comes from
- Worked example: reading a trend
- Three kinds of organisation
- Governments and not-for-profits
- What accountants do
- Worked example: sorting organisations
- Common mistakes to avoid
- Key takeaways
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