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Who are stakeholders? Define who they are and then please share what particular interest each of...

Who are stakeholders? Define who they are and then please share what particular interest each of these stakeholders have in the information shared on the income statement, retained earnings statement, balance sheet and statement of cash flows. How do we analyze if a company is healthy or not?

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Answer #1

Answer : stakeholders is a person having interest or concern in the business

some of the stakeholders of the company and they use financial statements for various purposes some of them are

Creditors : to determine the credit worthiness of the company and financial position

Employees : for job security and bonus

Management : for day to day decision making and performance evaluation

Customers : to no general business viability before entering into long term contract

Government : to evaluate performance and contribution to social objectives

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