Uses And Users Of Financial Statements

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:

1. Shareholders
2. Debenture-holders
3. Creditors
4. Financial institutions and commercial banks
5. Prospective investors
6. Employees and trade unions
7. Tax authorities
8. Govt. departments
9. The company law board

10. Economists and investment analysis, etc.