https://padlet.com/edtech_lab/kg8j6nuz0id07bxb en-us 2022-01-05 14:31:26 UTC 2025-04-24 09:17:00 UTC hello@padlet.com edtech_lab https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1985621543 Click the plus sign under a column to add a not to that column. 
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-Max Mustermann]]> 2022-01-11 09:09:00 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1985621543 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987089003 Suppliers could use accounting information to assess risk and credit worthiness, similarly as banks do. The supplier would like to ensure that the company has a healthy financial situation and will do the repayments on time. The supplier could assess different amount of credit lines for different customers, based on the credit worthiness of the financial statements provided. Josep Ferrando Bretones]]> 2022-01-11 22:30:56 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987089003 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987094982 Employees could assess the company’s profitability through the accounting information in order to figure out their future remuneration, the likelihood to get promoted or job security. Josep Ferrando Bretones]]> 2022-01-11 22:37:32 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987094982 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987141361 Financial Regulators (SEC, BaFin) would like to check accounting information to make sure that there is no fixing of the data with intention to manipulate the markets and the investors.
-Milan Lalic]]> 2022-01-11 23:29:54 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987141361 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987142513 Tax Agencies would like to check accounting information so they can calculate/verify the amount of tax that is due for collection.
-Milan Lalic]]> 2022-01-11 23:31:51 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987142513 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987145407 Creditors would like to check accounting information to calculate the risk included in giving of the credit.
-Milan Lalic]]> 2022-01-11 23:36:23 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987145407 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987147357 Competitors could use accounting information to size up the competition. By estimating strength of competitor's balance sheet, then can choose to employ different types of strategies in order to gain the upper hand in the market.
-Milan Lalic]]> 2022-01-11 23:39:07 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1987147357 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1989199211 from the accounting information, customers can better understand (especially when making significant/capital intensive purchases - e.g. trucks, equipment etc.), if there is a risk of a supplier short/mid term default. this would put potential risk on customer in terms of losing the down payment and/or losing the ability to get his equipment serviced within or outside warranty
- R.Husar]]> 2022-01-12 22:02:49 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1989199211 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1989202262 similar to recent example of union strike at John Deere, employees can utilize the accounting information to ask for a larger share of the companies earnings.
- R.Husar]]> 2022-01-12 22:06:05 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1989202262 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1992971184 Competitors might use acc info to figure out where (in e.g. which assets) the company is investing its money. In terms of r&d intense or production intense industries, they can estimate  whether the competition is building some strengths in certain areas or not. 
Mario Majic]]> 2022-01-14 20:02:17 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1992971184 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1993638891 could estimate future growth of their customers and plan their own capital expenditures for expansion or not.

Anindya Sen]]> 2022-01-15 16:28:07 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1993638891 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994117533 Account Payables (short-term liabilities) are substracted from the working capital i.e. how much capital is invested in running the business (e.g. accounts receivable, inventory). By using accounting we can identify measures to improve our performance e.g. longer payment targets or identify abitrage opportunities through the suppliers financial information (cost of capital).

- Mats]]> 2022-01-16 10:34:41 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994117533 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994263114 Some bonus payouts are connected to revenue and profit generated. In my previous company (consultancy), 10% of the profit got distributed as bonus to all employees.
Thomas Gmeiner]]> 2022-01-16 13:41:39 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994263114 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994321918 In case of start-up investments, creditors can use accounting information to check if/when additional investments will be required.
Emanuel Bennewitz]]> 2022-01-16 14:36:25 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994321918 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994325081 Suppliers can use those information in preparaton fur upcoming price negotiations. E.g., if the supplied company is performing well, suppliers can engage in targeting a higher price for their products supplied.
Emanuel Bennewitz]]> 2022-01-16 14:39:08 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994325081 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994327884 Those employees also compensated with shares, can decide if they want to hold/sell the shares that are not vested.
Emanuel Bennewitz]]> 2022-01-16 14:41:34 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994327884 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994332855 To increase market power or to save the own business, many companies engage in M&A. The accounting information can be used to rate the perfomance of a competitor and to identifiy potential candidates for M&A.
Emanuel Bennewitz]]> 2022-01-16 14:46:00 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994332855 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994346659 Employees can use accounting information to assess the financial health of a company, and  from doing so, potentially determine their own job security.

ELLIE RUMBOLD]]> 2022-01-16 14:58:56 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994346659 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994351390 Accounting information is useful for creditors as they can not only look through previous loans and repayments, but they can make a more informed decision on whether to grant a loan to a company, how much to grant, and whether or not that company will be able to repay the loan.

ELLIE RUMBOLD]]> 2022-01-16 15:02:54 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994351390 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994356277 Customers can use the accounting information to determine whether or not the useful good or service that company is providing is being charged at a fair and reasonable price. Perhaps the company's profits are marginal (enough to cover costs), but perhaps they are enormous and the good/service is drastically overpriced?

ELLIE RUMBOLD]]> 2022-01-16 15:07:10 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994356277 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994357807 Customers can also look at the accounting information to better predict the longevity of the company in question. If they buy a product which has a lifetime warranty, will that company actually be in existence for the customer's lifetime?

ELLIE RUMBOLD]]> 2022-01-16 15:08:30 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994357807 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994379224 Government agencies might use accounting information to evaluate how businesses are affected by new policies or regulations
-Terrence]]> 2022-01-16 15:28:05 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994379224 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994401523 The information can be used to check if companies are eligible for subsidies in certain industries (e.g. renewable energies, agriculture)
Max Hagn]]> 2022-01-16 15:47:57 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994401523 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994405129 It is wise to leave a company which is declining, especially when you're in the department of R&D or new projects, cause those are the first ones to be cut when short of money. Otherwise you could face job cut or reduction in salary
Hongqian Ji]]> 2022-01-16 15:51:17 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994405129 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994407510 Knowing some competitors are facing crisis is an advantage to aquire or merge with it at a good price.
Hongqian Ji]]> 2022-01-16 15:53:18 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994407510 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994756832 Suppliers will check the accounting information of the company as one of the parameters to evaluate the credit risk of during business with it. That also affects what payment terms and credit limit the supplier will offer to the company.
Christina Chen]]> 2022-01-16 22:26:31 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994756832 vzlateski87 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994757580 I guess, banks don`t give credits just like that, but they asses the risks with it quite heavily. During a process if a company`s eligibility check, many documents are provided, included the balance sheet, income statement, analysts reports etc, to be able to asses the risks of defaulting. 
Vladimir Zlateski]]> 2022-01-16 22:27:51 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994757580 vzlateski87 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994759793 By documenting free-cash equity (strong assets) and other ratios which tell for a financial stability I would guess. Maye they would like to be looking at the cash-flow statement.

Vladimir Zlateski]]> 2022-01-16 22:31:58 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994759793 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994760130 When it comes to long term cooperation, customers tend to work with suppliers with strong balance sheet and healthy financial status. Especially when it comes to big projects which will last for years, customers will compare their potential suppliers and ensure that the supplier that they choose is capable enough to provide the services or products.
Christina Chen]]> 2022-01-16 22:32:37 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994760130 vzlateski87 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994760938 Many dividents nowadays are either given options/shares for free,  or to be purchased at the discounted price. This makes the employees work for themselves in a way, as they have become part of the investors, so parameters to asses company`s value are essential 
Vladimir Zlateski]]> 2022-01-16 22:34:11 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994760938 vzlateski87 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994762325 Many customers don`t pay cash, they get an invoice. So, a strong balance sheet could allow customers to continue paying after some time, creating a long-lasting relationship between the customers and the company.
Vladimir Zlateski]]> 2022-01-16 22:36:41 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994762325 vzlateski87 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994763935 Competitors can see from the balance sheet what the earnings of a company are, which they can also correlate to the market share. The more earnings means (not always) higher company value and more investor possibilities, meaning more investment into R&D and strengthening the position on the market.
Vladimir Zlateski]]> 2022-01-16 22:39:22 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994763935 vzlateski87 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994765481 The more a company sells, means they produce more. This in turn leads to more sales. Bigger producers contribute more to the country`s GDP, so every government would encourage that.
Vladimir Zlateski]]> 2022-01-16 22:41:54 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1994765481 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995723183 Government use accounting balance sheet of state companies (national oil companies) to support additional shareholder dividends with the balance going toward debt reduction.
Dolores Molina]]> 2022-01-17 12:02:01 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995723183 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995984134 Creditors use accounting information as evidence to understand the economic and financial stability of the firm. To assess the assets and liabilities and whether the company has the capacity to repay.
-- Raga]]> 2022-01-17 14:24:49 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995984134 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995991603 Same as creditors, suppliers want to understand if the firm has the ability to pay and how the firm is faring in the competition. They assess the risk before doing business with the firm.
-- Raga]]> 2022-01-17 14:28:06 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995991603 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995997689 Employees are interested because if the firm does good, they will have ample opportunities and in turn they do good. They think of job security, promotions, hikes and career development opportunities.
-- Raga]]> 2022-01-17 14:30:51 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1995997689 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996002629 Customers want to know if the firm is reliable and trust worthy to have long term business contracts. They would want to know if there is a profitability in doing business and understand the financial ability of the firm.

-- Raga]]> 2022-01-17 14:33:15 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996002629 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996012618 To size up the competition and have strategies accordingly. They want to know the strengths, weakness, threats to handle and design strategies. If both the companies are working on the similar product, they would want monitor the profits as well.

-- Raga]]> 2022-01-17 14:37:59 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996012618 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996023195 Governments use this information for tax and VAT purposes and based on the information from various businesses, governments future economic plans are influenced. Helps to reduce frauds. Add more policies and regulations. Economic forecasts can be done using this information as well. 
-- Raga]]> 2022-01-17 14:43:11 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996023195 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996155540 If a company is not performing well and at risk of being unable to repay a loan, then the creditor may decide to sell the loan. They may also try to do this as early as possible, so that they are able to maximize their selling price.
- Dane]]> 2022-01-17 15:48:44 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996155540 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996670844 An employee may use accoutning information to have a precise idea of where the company heads to. If the numbers and forecasts show a bad performance on the long run then the employee may start thinking that he should look for a new company and resign soon as the future doesn't look too bright

ilvan]]> 2022-01-17 22:22:05 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996670844 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996766066 An employee will be able to use the accounting information to check if a company is future-proofed, especially when compared to similar companies of the same field. Are the earnings in general declining? Are the assets melting? Than better look for another industry. - Nina Gassauer]]> 2022-01-18 00:35:16 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996766066 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996767605 Besides other information, the accounting information of a company will show to the government if this company is systemically relevant, which means that they are too big to fail and need to be bailed out in case they get into serious turbulences. - Nina Gassauer]]> 2022-01-18 00:37:09 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996767605 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996773674 Will this company be able to recompensate me (e.g. travel agencies, event organizers or ship cruisers during or after the corona pandemic) in the event that the service cannot be provided but has already been paid for. - Nina Gassauer]]> 2022-01-18 00:43:35 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1996773674 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998293422 Employees variable salary component included their Bonus. So the accounting information can give them an idea about how the company has performed and based on this percentage of the bonus that they would get will vary.
-Monalisa Das]]> 2022-01-18 15:50:43 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998293422 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998830766 The creditor will care about if the company has the ability to pay off the debts or pay the interest.

Eric]]> 2022-01-18 19:30:48 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998830766 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998880083 Creditors can use the past and current financial statements to inform their credit risk model. Companies with strong financial performance may have a higher probability to repay their debts.

Lukas]]> 2022-01-18 19:55:15 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998880083 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998946258 The financial statement contains information about the current and past inventory levels. Suppliers could use this information to estimate future demand and prepare their production capacities accordingly. They could also use this information in price negotiations.

Lukas]]> 2022-01-18 20:28:38 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998946258 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998996123 By having access to a companies accounting information, governments can calculate the gains for their tax revenues and the amount of jobs created in a region to then more accurately calculate a discount for the company to move to the new region. We see this all the time when companies pull in bids from cities for new plants.
-Kevin]]> 2022-01-18 20:59:24 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1998996123 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999121234 Startup companies normally do not generate profits at earlier stages. Instead they heavily use investors' money to build their products and business before profits are being generated.
This is crucial to estimate the investments burn rate (how fast funds are being used to pay wages and support R&D etc) for a startup managing board in order to prepare for the next investment round.

Illia Smieshkov]]> 2022-01-18 22:39:51 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999121234 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999150209 2022-01-18 23:11:33 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999150209 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999151078 Is it safe to open a credit line to a certain partner? Or rather, maintain all business in cash.]]> 2022-01-18 23:12:37 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999151078 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999152822 As an employee how could get an LTIP; there is a decision to 1) leave a firm for another exchanging fixed comp by equity (shares). 2) Shall I vest and selll stocks or rather hold?
- Emilio Roman]]> 2022-01-18 23:14:19 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999152822 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999154306 Competitors could benchmark themselves and identify weaknesses, opportunities, threats, strengths. etc. This way managing investments to no lag behind. - Emilio Roman]]> 2022-01-18 23:16:02 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999154306 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999155340 Compliance: Taxes and duties paid in the right portion.
- Emilio Roman]]> 2022-01-18 23:17:13 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999155340 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999471894 Creditors would like to know a company's ability to pay its debt through their financial statements. 
Dolores Molina]]> 2022-01-19 03:52:41 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999471894 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999742735 Creditors can look at these statements and determine how likely the company is to default on their loan payments. This level of risk then determines the risk of the loan and ultimately the interest rate. It also informs them about what assets can be used as leverage/ securities.
-TIm]]> 2022-01-19 07:27:01 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999742735 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999744649 As many others pointed out, the main use for suppliers are credit lines. They can determine how likely a customer is to pay for the product at a later stage.
-Tim]]> 2022-01-19 07:28:15 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999744649 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999754497 When searching for a new career opportunity, people might want to switch to a company that is financially stable. They will be able to see it  in the reports.
-Tim]]> 2022-01-19 07:33:38 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999754497 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999760738 Customers might feel more secure with a large company handling their business. For example: I have to choose between multiple general contractors to handle the construction of my new company headquarters. If the potential deal would equal to more than half of the income of one of them, I would not consider them further as it indicates that they have no prior experience with projects of this size.
-Tim]]> 2022-01-19 07:37:25 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999760738 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999762662 Competitors could look at balance statements and sales figures of companies that are already active in the market and determine if a market entry would be worth it.
-Tim]]> 2022-01-19 07:38:33 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999762662 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999764955 Is a company too big? Does it gain an unfair monopoly advantage? Governments can use the balance sheet to determine these questions in anti-trust cases.
Tim]]> 2022-01-19 07:39:56 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/1999764955 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2000484932 It's important to understand economic situation of your consumers to build your strategy. For example as automotive suppliers you are interested in the performance of car manufactures. ]]> 2022-01-19 14:11:50 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2000484932 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2000804466 Competitors, especially those operating in commodity markets could extract information about the companies specifically being aggressive on pricing to estimate how long the company could sustain such low prices and whether or not it is worth to participate in the price war since the own company has "stronger" balance sheets and "deeper pockets".
-Simon Schuster]]> 2022-01-19 16:03:19 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2000804466 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2000974583 Would there be enough money available to subsidize employee shares or support employees with other benefits.
(Marie Rehder)]]> 2022-01-19 17:08:25 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2000974583 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2002782579 At the end of the day human resources are one of the main resources to grow the company and create a business around it. Incentives like ESOP plans will make the career opportunities for the company looking more shiny for new commers and at the same time a good motivation for the current employees to stay.

- Hossein]]> 2022-01-20 13:11:51 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2002782579 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2003415350 Creditors use accounting information to assess (1) if the company that is asking for a loan is able to repay it; and (2) after the loan is given, if the business is still sustainable or if there's any risk of default
- João Fernandes]]> 2022-01-20 17:23:26 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2003415350 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2003426956 As the accounting information is the indicator of a company's financial health, employees can use this information to understand if it's expected that their job is safe or not
-- João Fernandes]]> 2022-01-20 17:28:21 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2003426956 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2003664737 Customers may actually check financial information to judge on the margins that are generated and use that for their own price negotiation strategy. 
- Stephan Eilbracht]]> 2022-01-20 19:21:14 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2003664737 laxmikantupadhyay https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006538816 Creditors may use accounting data to determine whether a firm is credit worthy? Do they have substantial assets and cash needed to expand or justify the requirement of funds.
Laxmikant]]> 2022-01-22 17:22:14 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006538816 laxmikantupadhyay https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006540620 They may use accounting info to determine if the company will be able to pay for the goods in short/long term. Even in adverse market scenarios.
Laxmikant]]> 2022-01-22 17:24:47 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006540620 laxmikantupadhyay https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006542717 Employees may use accounting information to track the investments made by the company in R&D and new projects. How the company is going to allocate cash in short term to adapt the change, if it's happening in their field. This will give them a sense of job security in long term.
Laxmikant]]> 2022-01-22 17:27:28 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006542717 laxmikantupadhyay https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006573447 Customers buying goods worth millions of euros will be interested in the accounting details. For example, when airlines order planes from Boeing, Airbus or any other manufacturer. they will definitely be interested in checking the accounting details before they make final purchase. 
Laxmikant]]> 2022-01-22 18:09:00 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006573447 laxmikantupadhyay https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006575100 They may use this info to see the capital allocation in various fields. They may also use this info to modify their present strategy or simple defend it.
Laxmikant]]> 2022-01-22 18:11:23 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006575100 laxmikantupadhyay https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006580454 Depending on the accounting and audit info, government agencies can provide ratings, which either will shoo investors or attract them.
Laxmikant]]> 2022-01-22 18:19:44 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006580454 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006598133 In the automotive industry, suppliers rely on the success of their client to plan future business. This means that strategic decisions (e.g. investments into larger production capacity) are based on the confidence, that their client's new product will meet the sale targets. The financial situation of the client show how stable the firm is and how well it would be able to react to a negative outcome.

Marco Burnazzi]]> 2022-01-22 18:47:43 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2006598133 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2007168743 The accounting information could be used to evaluate or estimate liquidity of a company and therefore their ability to convert assets inorder to cover for liabilities]]> 2022-01-23 13:55:27 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2007168743 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2007170601 I believe that the accounting information would have also some effect on the attitude and behavior of employees: if they are surprised for a very bad accounting in the firm they would also react to that lowering their OB ]]> 2022-01-23 13:57:53 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2007170601 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2007510434 VC firms investing in tech start ups will review financial accounting data to determine key performance metrics such as burn rate, revenue, monthly recurring revenue and gross margin
- Antoni Durski]]> 2022-01-23 20:05:02 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2007510434 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2010007145 Hearing a company's performance going up gives a potential customer confidence that his or her purchase is worthy of the higher value. Sure various other factors may play a factor, however the company's accounting performance will sway this in the positive direction, allowing the company to possibly charge higher prices due to it's increased performance.
Shalen]]> 2022-01-25 00:17:25 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2010007145 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2030613217 Yuliya Kamisarenka]]> 2022-02-05 12:44:34 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2030613217 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031728312 Creditors wants to ensure that the company is strong enough financial to repay its debt along with the interest agreed upon.]]> 2022-02-06 18:54:37 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031728312 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031729398 Supplier payments and future business are linked with financial health of the company.]]> 2022-02-06 18:55:54 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031729398 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031732129 If the company is struggling financially then employees remuneration is affected. Also, companies take cost cutting measures which entails to job reductions. Therefore, financial statement of a company gives information of company's present and future, and therefore to employees it is linked to their remuneration and also their future in the company.]]> 2022-02-06 18:58:29 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031732129 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031733594 Customer mostly wants a company to be around when they need it for after sales services, specially for a long term projects such as power plants equipment etc.]]> 2022-02-06 19:00:11 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031733594 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031768967 For competitors it is useful to know the profit margin the company is making, this helps to understand their ability in to invest in future and also incentives they can offer to their customers, based on which they can make their own strategy to capture the market. Also, in case of consistent bad performance of a company then it can lead to merger and acquisitions which also impacts the market competition.]]> 2022-02-06 19:39:37 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031768967 https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031770440 For Government, if the company is making low profit and is not growing then it may reduce its operation size which impacts employment. Also, if number of jobs and employees remuneration decreased so as government taxed. Also, reduced net income decreased income tax on the company too. ]]> 2022-02-06 19:41:19 UTC https://padlet.com/edtech_lab/kg8j6nuz0id07bxb/wish/2031770440