Accounting Principles (Discussion Board)

This assignment has 3 parts (200 word minimum):

1. What are some of the groups that need accounting information? What kind of accounting information do they need? Why? 
2. Think of a company you’ve done business with as a consumer. How might managers in this company use accounting information to made decisions? 
3. What might happen to the company if it did not have access to timely and accurate accounting information?