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Reporting The primary financial statements. Ine Statement Balance Sheet Statement of Cash Flows Hang Dian 2022 Accounting Division 121 Characteristics of Externally Reported Information A Means to an End Broader than Financial Statements Historical in Nature Results from Inexact and Approximate Measures Based on GeneralPurpose Assumption Usefulness Enhanced via Explanation Hang Dian 2022 Accounting Division 122 Users of Internal Accounting Information ? Board of directors ? Chief executive officer (CEO) ? Chief financial officer (CFO) ? Vice presidents ? Business unit managers ? Plant managers ? Store managers ? Line supervisors Hang Dian 2022 Accounting Division 123 T yp ic al S im p le O rg an iz at io n C h ar tP l a n tA c c o u n t a n tP l a n tM a n a g e rP l a n tA c c o u n t a n tP l a n tM a n a g e rB u s i n e s s U n i tM a n a g e rV . P . H u m a nR e s o u r c e sV . P . I n fo r m a t i o nS e r v i c e sC h i e f F i n a n c i a lO ffi c e r (C F O )C h i e f E x e c u ti v eO ffi c e r(C E O )B o a r d o fD i r e c to r s(O w n e r s )Hang Dian 2022 Accounting Division 124 Objectives of Management Accounting Information To help achieve goals and missions To help evaluate and reward decision makers Hang Dian 2022 Accounting Division 125 Characteristics of Management Accounting Information Timeliness Identify Decision Maker Oriented Toward Future Measures of Efficiency and Effectiveness A Means to an