explain who else should be concerned with a company’s financial statements and why they are important.

When considering companies’ financial statements, we often think of investors and analysts using the information contained in those statements to assess whether or not to invest in the companies. However, financial statements are not just for investors. Please explain who else should be concerned with a company’s financial statements and why they are important. As portfolio activities are to be self-reflective, please make sure to connect the portfolio assignment to: Your personal experiences. Reflect on how this assignment topic (Managerial Accounting) is applicable to and will benefit you. Course readings and any external readings. Discussion forum posts or course objectives. The Portfolio Activity entry should be a minimum of 300 words. Use APA citations and references if you use ideas from the readings or other sources.