Introduction to Business Lecture 45

Slides:



Advertisements
Similar presentations
Chapter 15 Business Financial Records 1 Chapter 15 Business Financial Records ©2008 Thomson/South-Western.
Advertisements

BUS 2101 Decision Making Financial Information Financial Statement Analysis Financial Statements GAAP Income Statement Statement of Cash Flow Balance Sheet.
Chapter 7 Income statements: an introduction
GAAP PowerPoint #4.  A formal record of the financial activities of a business  Includes four basic financial statements: ◦ Balance Sheet (Statement.
Accounts Interpreting Accounts. Key Accounting Documents Public Limited Companies in the UK are required to publish their accounts This will usually consist.
Principles of Business, Marketing, and Finance Financial Planning Copyright © Texas Education, All rights reserved.
AAT Level 3 Recap on Debits and Credits and Introduction to Income Statement and Statement of Financial Position.
Analyzing Year End Financial Reports to Evaluate the Business Objectives:  The student will describe five key factors of year end financial analysis 
Principles of Business, Marketing, and Finance Lesson Four
Accounting Unit. MSBCS-BCSIII-5: The students will examine basics of accounting. a) Define credits and debits. b) Identify account types (assets, liabilities,
Essential Standard 4.00 Understanding the role of finance in business. 1.
Essential Standard 4.00 Understanding the role of finance in business. 1.
Accounting: Financial Statements!! BBI 2O1. The Balance Sheet Shows a business’s financial position on a particular date The Balance Sheet Equation –
What financial statement uses net income (or net loss) taken directly from the income statement?
Part nine. A financial statement (or financial report) is a formal Record of the financial activities of a Business, person, or other entity. financial.
Chart of Accounts.
IHG Cash flow statement. Cash flow statement- operations.
Format Differences of Income Statement Comparing Years Reported Presenting of Segments’ data Presenting of Income & Expense Presenting of Equity Income.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE Chapter 12 1 CHAPTER Financial Planning Financial Records and Financial.
Financial Analysis. Financial Terms List: Finding Funding You need to consistently find funding: What are some ways of funding? Budget funds from profits.
Income Statement (“P&L”) Cash Flow Statement Balance Sheet An Introduction to Financial Statements.
Finance and Accounts A2 Business Studies. Revenue Total Revenue = Price x Quantity Sold This figure is needed for –BREAK EVEN ANALYSIS –PROFIT AND LOSS.
LEARNING AIM C: Understand how businesses measure success and identify areas for improvement.
Company Name Stock Trading Symbol. Company History Founder: Incorporation Date: IPO Date: Initial Sales Price: Current Sales Price:
Accounts. Key Accounting Documents Public Limited Companies in the UK are required to publish their accounts This will usually consist of three key accounting.
 First major statement is the Balance Sheet  The second major statement is the Income Statement  It would be impractical to include all revenue and.
FINANCIAL MANAGEMENT 1 Objective ESSTENTIAL QUESTIONS 2 What is Financial planning and how do businesses do conduct it? What are the types of Business.
Income Statement Trading (Retail) Business. Income Statement for Trading Business Income Statement for a trading (retail) business is different to that.
Financial Statements – Income Statement
Introduction to Accounting and Business
Financial Statement Analysis
How to do Cash Flow Statements
1.01 Generally Accepted Accounting Principles – Financial Statements
Financial Statement Analysis
Understanding the role of finance in business.
Chapter 6 Work Sheet for a Service Business
Principles of Business, Marketing, and Finance
Chapter 7 Financial Statements.
Understanding the role of finance in business.
Accounting Thursday September 29th, 2016.
Statement of Cash Flows
Understanding the role of finance in business.
© 2014 Cengage Learning. All Rights Reserved.
Understanding the role of finance in business.
Understanding the role of finance in business.
Financial Statement Analysis
Final Accounts At the end of every financial year, all businesses will prepare a set of final accounts These accounts enable the business to assess their.
© 2008 The McGraw-Hill Companies, Inc., All Rights Reserved.
BUSINESS HIGH SCHOOL-ACCOUNTING II
PEMBELIAN Balance Sheet
INVENTORY (Pengelolaan Persediaan)
Financial Statements for a Proprietorship
Sheraz Limited is a manufacturing company
1.01 Generally Accepted Accounting Principles – Financial Statements
Accounts.
BANKING (Penerimaan dan Pengeluaran Kas)
إعداد القوائم المالية Preparation of Financial Statements
INVENTORY (Pengelolaan Persediaan)
Intro to Financial Management
BUSINESS HIGH SCHOOL-ACCOUNTING I
Financial Decision-Making
Accounting and Business
BANKING (Penerimaan dan Pengeluaran Kas)
Multiple Step Income Statements
RATIO ANALYSIS.
Business Financial Records
Chapter 23 Income Statements
Introduction to Business Lecture 43
Extending Financial Statement Information on a Work Sheet
The Cash Flow Statement
Presentation transcript:

Introduction to Business Lecture 45 Financial Management Introduction to Business Lecture 45

Income Statement A statement which tells income or loss. It is also called profit and loss account.

Revenue Vs. Profit Revenue is income. Profit is obtained after deducting expenses from revenue.

Trading Concern An organization which buys goods for reselling.

Finance Thinking and considering for long term investments. Generating revenues to pay back these investments. To perform day to day activities of an organization.

Ratio Analysis Ratios tell us relationship among financial figures. These can be: Relationship between current assets and current liabilities.

Budgeting A plan or an estimate for future expenses and revenues. It will be prepared before the start of the business.