This type of accounting is generally referred to as managerial accounting.
They are going to lend money would be able to return the principal amount as well as pay interest thereon.
You are studying, Who are the Users of Accounting Information inside the Organization? For example, internal users can use financial information as a predictive tool to assess whether the long-term financial performance of the organization aligns with its long-term strategic goals.
Tax preparation will be outside the scope of this course.
This therefore requires the accounting information system to be flexible so that it can adapt to the changing demands of its users.
What are the main users of accounting information? This is to ensure that credits granted can be repaid and most importantly on due dates.