Explain why the self-interests of preparers of accounting information can affect what information is reported to stakeholders

Question:

Explain why the self-interests of preparers of accounting information can affect what information is reported to and how it’s reported.

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...