Within the Discussion Board area, write 350–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Scenario

You were recently promoted to a senior accountant’s position, and part of your job requirements will be to train the new accounting clerks. As part of your first task, you are asked to explain the different types of users of financial statements and what type of source documents accountants might use to enter financial information.

Using your textbook, the library, the Internet, or any other available materials, explain the different types of users of financial statements. The following questions must be answered in the report to receive full credit:

• What types of users can be found reviewing the financial statements? Be specific with your answers, include detail, and give examples.
• What types of decisions might these users need to make?
• What are some source documents that accountants may need to enter financial information?