Identify and explain the advantages and disadvantages of any two for profit business structures which an accountant may encounter

Identify who are the decision makers referred to in the above definition and explain their need for accounting information. ( your answer should concentrate on a large company listed on the stock exchange). ( 12 marks )

b.Accounting has been partly described above as ‘…a system of recording information about a business……’Identify and explain the advantages and disadvantages of any two for profit business structures which an accountant may encounter