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why do managers owners and stakeholders need timely and accurate financial information
Business owners and managers need information to make business decisions to improve operations and profitability. [ External business stakeholders use financial information to assess the company's financial health and determine if the company will offer a decent financial return on investments. Creating an accounting information system typically follows a few basic steps, regardless of the company's operations ]
Expert answered|scijoe21|Points 150|
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Asked 3/7/2012 1:56:47 AM
Updated 8/30/2023 12:05:05 PM
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Managers, owners, and stakeholders require timely and accurate financial information for diverse purposes, including performance tracking, decision-making, motivating teams, and maintaining a holistic perspective.


Added 8/30/2023 12:05:05 PM
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