Users of accounting information The textbook, Smart, Awan & Baxter, p. 21 lists the following seven stakeholders who have an interest in accounting information:

owners and investors

managers

creditors and lenders

employees

the government

unions

the general public.

Question. For each of the first five listed stakeholders above (i.e. excluding unions and the general public), state:

i) a specific decision that the stakeholder would make, that would require accounting information before they made it

Note: do not use the same type of decision twice.

ii) the specific accounting information they would require for that decision

iii) the financial statement from which they would obtain that required information.