Answer:
Audited financial statements are used by a variety of stakeholders to make informed decisions.
Investors: They use the financial statements to evaluate the financial health of a company and to make decisions about whether to invest in the company.
Creditors: They use the financial statements to evaluate a company's creditworthiness and to make decisions about whether to lend money to the company.
Management: They use the financial statements to evaluate the performance of the company and to make decisions about how to allocate resources.
Regulators: They use the financial statements to evaluate a company's compliance with laws and regulations and to make decisions about whether to take enforcement action.
Auditors: They use the financial statements to evaluate the company's financial reporting and internal controls and to issue an opinion on the fairness of the financial statements.
The financial statements are used to make decisions about the allocation of resources, investment and credit decisions, compliance with laws and regulations, and the assessment of a company's performance and financial health.
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