. Accounting information can be considered the heart of business. Decision making is never without accurate and reliable information. The users of accounting information can be internal and external. They use accounting information with different goals. Explain how basic knowledge of accounting can benefit the managers, executives, or the entrepreneur. discuss what the key financial statements are, their significance, and the information they present. (.Review who the users of accounting information are and provide examples of how they could benefit from financial statements. In particular, explain the importance of accounting information to a manager / business ownerare and provide examples of how they could benefit from financial statements. In particular, explain the importance of accounting information to a manager / business owner