THE MARKET FOR ACCOUNTING INFORMATION. The market for accounting information is formed by the people who demand
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THE MARKET FOR ACCOUNTING INFORMATION. The market for accounting information is formed by the people who demand the information about businesses and the people who supply it. The list below names groups of people who participate in this market:
1. Creditors 2. Auditors 3. Managers 4. Governments or wnCPAs 6. Investors 7. Controllers 8. FASB REQUIRED:
Identify each group as being on the demand side (D) or the supply side (S) of the accounting information market. Simply make a list of the numbers 1 through 8 and write D or S beside each number. If a group operates on both sides of the market for accounting information about businesses, write both D and S.
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