Accounting2 Chapter 1

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both

1. SEC examiner
2. Bookkeeping Department
3. Division controller
4. External auditor (public accounting firm)
5. Loan officer at the company’s bank
6. State tax agency auditor
7. Board of director
8. Manager of the Service Department
9. Wall Street analysis
10. Internal auditor
11. Potential investors
12. Current stockholders
13. Reporter from the Wall Street Journal
14. Regional division managers

1. SEC examiner – Financial accounting Information
2. Bookkeeping Department – Financial accounting Information
3. Division controller – Both financial and managerial accounting information
4. External auditor (public accounting firm) – Financial accounting Information
5. Loan officer at the company’s bank – Financial accounting Information
6. State tax agency auditor – Financial accounting Information
7. Board of director – Both financial and managerial accounting information
8. Manager of the Service Department – Managerial accounting information
9. Wall Street Analyst – Financial accounting Information
10. Internal auditor – Both financial and managerial accounting information
11. Potential investors – Financial accounting Information
12. Current stockholders – Financial accounting Information
13. Reporter from the Wall Street Journal – Financial accounting Information
14. Regional division managers – Managerial accounting Information
Financial, Managerial or Both? SEC examiner
SEC examiner – Financial accounting Information
Financial, Managerial or Both? Bookkeeping Department
Bookkeeping Department – Financial accounting Information
Financial, Managerial or Both? Division controller
Division controller – Both financial and managerial accounting information
Financial, Managerial or Both? External auditor (public accounting firm)
External auditor (public accounting firm) – Financial accounting Information
Financial, Managerial or Both? Loan officer at the company’s bank
Loan officer at the company’s bank – Financial accounting Information
Financial, Managerial or Both? State tax agency auditor
State tax agency auditor – Financial accounting Information
Financial, Managerial or Both? Board of director
Board of director – Both financial and managerial accounting information
Financial, Managerial or Both? Manager of the Service Department
Manager of the Service Department – Managerial accounting information
Financial, Managerial or Both? Wall Street Analyst
Wall Street Analyst – Financial accounting Information
Financial, Managerial or Both? Internal auditor
Internal auditor – Both financial and managerial accounting information
Financial, Managerial or Both? Potential investors
Potential investors – Financial accounting Information
Financial, Managerial or Both? Current stockholders
Current stockholders – Financial accounting Information
Financial, Managerial or Both? Reporter from the Wall Street Journal
Reporter from the Wall Street Journal – Financial accounting Information
Financial, Managerial or Both? Regional division managers
Regional division managers – Managerial accounting Information