Stakeholders

Inland revenue

Banks

Shareholders

Employees

Suppliers

Customers

Inland revenue collects taxes on behalf of the government. Interested in the business’s profit and loss account. The amount of tax that a business pays to the inland revenue depends upon the level of that business’s net profits.

Banks will be interested in a business’s accounts because they may have lent money and will want

to see whether the business is able to pay it back. A bank may be especially interested in how much

profit the business has made over the year.

Shareholders will want to see how much profit the business has made. They will also want to know the value of their “stake” in the company, which is shown by shareholders’ funds.

Employees will want to see how much profit the business has made. If the business has made high levels of profits

employees may be looking for an increase in wages. Also, high profits may mean that employees’ jobs are more

secure.

Suppliers will be interested in whether the business can pay for its supplies on time. The business’s balance sheet will give suppliers this information.

Customers want to know if a business is financially sound. They will not want to place orders or pay deposits to a

business that might not be able to continue trading.