Harmonization of Accounting Standards withing the Caribbean & the ...

Financial Reporting41Providing solutions that countNeeds of SMEs• User Needs• Suppliers and other trade creditors – interested ininformation that enables them to determine whetheramounts owing to them will be paid when due• Customers – have an interest in information about thecontinuance of an enterprise, especially when they havea long-term• Employees – interested in information about the stabilityand profitability of their employers and in information,which enables them to assess the ability of theenterprise to provide remuneration, retirement benefitsand employment opportunities.David Raggay June, 2005