Accounting information is used by different category of users for making decision. Information without authenticity does not serve any purpose. There are different internal and external users, who make use of accounting information from various branches of accounting for making decision.

a) In the business how is material information different from immaterial information?

b) You are required to discuss about different material information which are NOT a part of balance sheet, income statement and cash flow. But a business should disclose to the users.

c) Discuss the use of accounting information of different branches to different user.