Who reads financial statements? List five internal and external reader

Who reads financial statements? List five internal and external readers of financial statements and provide an example of the type of information that they might be interested in and discuss why.

What will be an ideal response?

ANSWER

Internal readers could be the CEO, financial managers, marketing managers, operations manager, and human resource managers. External readers include regulators, stock holders, bond holders, customers, suppliers, and possible employees to name a few.