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​Employees

Employees may be interested in accounting information, as it can affect their job security, salaries, and benefits. Transparent financial reporting helps in maintaining a positive relationship between employers and employees.

Needs: Employees may be interested in accounting information as it can impact their job security, salaries, and benefits.

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How Accounting Meets Needs: Transparent financial reporting helps build trust and understanding between employers and employees, enhancing the overall work environment.

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  • Advantages: Employees use financial information to understand their company's financial health and stability, which can affect their job security.

  • Disadvantages: Employees may have limited access to certain financial information and may not fully understand its implications.

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