Almost anyone could be considered a typical user of accounting information. In businesses, the finance department and executives are privy to this information, as it informs them how the business is performing financially and what the costs are in a company.
Consumers and the public in general can also be users of accounting information. Consumers and businesses can use accounting information to determine who to do business with. Creditors may also review accounting information before granting approval for a company's loan or credit card application. Investors are also interested in accounting information, as it tells them whether a company is a safe investment.Learn More
A receipt of payment must include information regarding the product being sold, the seller, the buyer and the means of payment. Receipts can be written by hand, or computer software can be used to create standardized receipts.Full Answer >
The full disclosure principle states that financial records should include all of the information necessary for readers to understand those records. This is a largely subjective principle, but full disclosure doesn't mean that records should include irrelevant information.Full Answer >
Under the Freedom of Information Act, arrest warrants in the United States are public records and are available to anyone who wishes to access the information, according to RecordsWatch.org. This act was passed by Congress in 1966. In some cases, state or federal laws provide the authority to restrict access to certain types of information regarding the crimes.Full Answer >