which users need financial information to enable them to determine whether their loans and the related interest will be paid when due?

6 days ago 8
Nature

The users who need financial information to enable them to determine whether their loans and the related interest will be paid when due are primarily:

  • Lenders (such as banks) who assess the entity's ability to meet obligations and repay loans with interest.
  • Suppliers and trade creditors who need to determine whether amounts owed to them will be paid when due.
    These users rely on financial reports to evaluate the timing and certainty of loan and interest repayments.