· 1 CORPORATE FINANCIAL REPORTING Introduction. 2 LET’S TALK ABOUT THE FOUR FINANCIAL STATEMENTS.

Slides:

Advertisements

Similar presentations

Financial Records & Statements Ch PoB 2011.

Advertisements

Financial Accounting Review McGraw-Hill/Irwin © 2009 The McGraw-Hill Companies, Inc.

STATEMENT OF CASH FLOWS

1 Republic of Macedonia-ESM EVN Income statement For the year ended 31 December _____ Note Current year Previous year Revenues Electricity revenues Other.

· 1 CORPORATE FINANCIAL REPORTING Cash Flow Statement Long-Lived Assets.

· 1 CORPORATE FINANCIAL REPORTING Chapters 2, 3 & 4.

Accounting Fundamentals Accounting Fundamentals Structure of Financial Statements Agribusiness Finance LESE 306 Fall 2009.

Essential Standard 4.00 Understanding the role of finance in business. 1.

BAT4m Unit 1: Chapter 1 September Quiz on Friday September 12, 2014.

Accounting Fundamentals Accounting Fundamentals Structure of Financial Statements.

· 1 CORPORATE FINANCIAL REPORTING 23 – The Cash Flow Statement Dilutive Securities and EPS.

F INANCIAL S TATEMENTS FOR A P ROPRIETORSHIP Chapter 7, Section 2.

Financial Accounting Accounting is--- Accounting is--- –A system by which assumed responsibility is validated Accounting may validate— Accounting may validate—

B ASIC F INANCIAL S TATEMENTS Marketing Co-Op. F OUR T YPES OF F INANCIAL S TATEMENTS Balance Sheets Income Statements Cash Flow Statements Statement.

GAAP PowerPoint #4.  A formal record of the financial activities of a business  Includes four basic financial statements: ◦ Balance Sheet (Statement.

C H P ERSONAL F INANCIAL S TATEMENTS. Goals: Explain the basics of money management. Create a personal balance sheet. Develop a personal cash flow.

Accounts Interpreting Accounts. Key Accounting Documents Public Limited Companies in the UK are required to publish their accounts This will usually consist.

Financial Strategy and Financial Objectives “Running by the Numbers”

Introduction to Financial Statements

Financial Strategy and Financial Objectives “Running by the Numbers”

Managing Business Finance

The CASH FLOW Statement (Statement of changes in financial position) Text Chapter 18, Pages , Practice Questions: 1.BE18-1, BE18-2, BE18-3,

T HE F INANCIAL S TATEMENTS OF THE LIMITED C OMPANIES AND C ASH F LOW S TATEMENT Profit&Loss Statement, Balance Sheet, Cash Flow Statements.

Performance Ratios Principles of Business and Finance.

C Learning Objectives Power Notes 1.Purpose of the Statement of Cash Flows 2.Reporting Cash Flows 3.Statement of Cash Flows – The Indirect Method.

Introduction to Accounting Written by Ruby Ann Sawyer, Brantley County Middle School.

WRITTEN BY RUBY ANN SAWYER, BRANTLEY COUNTY MIDDLE SCHOOL Introduction to Accounting.

Unit 5. The purpose of Unit 5 is to define the four basic financial statements and discuss the information presented on each.

Income Statements. Say you’re looking to buy a business Why would you want to see the balance sheet? –Assets –Liabilities –Equity What doesn’t the balance.

What financial statement uses net income (or net loss) taken directly from the income statement?

A NNUAL R EPORT A NALYSIS Brittani Gambrell Dr Pepper Snapple.

Statement of Changes in Financial Position. ACCOUNTING STANDARD- 3 CASH FLOW STATEMENT.

Introduction to Accounting. Definition of Accounting Accounting is a language of business. As the American Accounting Association: “ accounting is the.

Valuation Part 1 Presented by: Elson ong Yale-NUS Investment Masterminds 1) Several Key Financial Metrics 2) How to Identify Them in An Annual Report.

1 STATEMENT OF CASH FLOWS – IAS 7 Chapter Provides information about the cash receipts and cash payments of a business entity during the accounting.

Primary Objective of Financial Reporting Invest?? Borrow $$?? Sell stocks or bonds?? Start new business?? Loan $$?? Extend credit $$?? LO1 Provide information.

PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA Winston.

Copyright © 2006 McGraw-Hill Ryerson. 1 Reporting and Interpreting Cash Flows.

Financial Statements A set of Financial Statements consist of four related accounting reports that summarizes the financial resources, obligations, profitability.

C Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, or posted to a publicly accessible website, in whole or in part.

C Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 12 Reporting and Interpreting the Statement of Cash Flows 1© McGraw-Hill Ryerson. All rights reserved.

Essential Standard 4.00 Understanding the role of finance in business. 1.

Essential Standard 4.00 Understanding the role of finance in business. 1.

Unit 5. The purpose of Unit 5 is to define the four basic financial statements and discuss the information presented on each.

By : Breana Moore Principles Of Business and Finance, Period 02.

Accounts. Key Accounting Documents Public Limited Companies in the UK are required to publish their accounts This will usually consist of three key accounting.

> > > > Understanding Financial Statements. Balance Sheet What is a Balance Sheet? A statement that shows –(1) How much money a company has –(2) How much.

CASH FLOW STATEMENT  design to provide information about the change in an enterprise’s cash and cash equivalents.

2 Introduction to Using Financial Accounting Information, 7/e

1.01 Generally Accepted Accounting Principles – Financial Statements

BASIC FINANCIAL STATEMENTS

Accounting Thursday September 29th, 2016.

University of 6th of October, Egypt

(Financial Statements) Accounting Principles, Eighth Edition

Introduction to Accounting Story Time!

Introduction to Accounting

Statement of Cash Flows

Basic Financial Statements

Lecture 03 Classification of Accounts

Introduction to Accounting

1.01 Generally Accepted Accounting Principles – Financial Statements

BUSINESS HIGH SCHOOL-ACCOUNTING I

งบกระแสเงินสด(Statement of Cash Flows)

Financial Records and Financial Statements

Multiple Step Income Statements

Recall: Balance sheet shows the financial position of a business for a specific point in time. Balance sheet shows assets, liabilities, and owner’s equity.

Point 6 Financial Statements

Presentation transcript:

· 1 CORPORATE FINANCIAL REPORTING Introduction

2 LET’S TALK ABOUT THE FOUR FINANCIAL STATEMENTS

Introduction3 I NCOME S TATEMENT REVENUES (and GAINS) less EXPENSES (and LOSSES) equals NET INCOME (PROFIT)

Introduction4 B ALANCE S HEET ASSETSLIABILITIES Current assets Noncurrent assets OWNERS’ EQUITY

Introduction5 C ASH F LOW S TATEMENT Cash from operating activities: ± Cash from investing activities: ± Cash from financing activities: = Total increase or decrease in cash

Introduction6 C ASH F ROM O PERATING A CTIVITIES I NCLUDES: THE INCREASE OR DECREASE IN CASH FROM THE COMPANY’S NORMAL DAY-TO-DAY INCOME PRODUCING ACTIVITIES.

Introduction7 C ASH F ROM I NVESTING A CTIVITIES I NCLUDES: THE INCREASE OR DECREASE IN CASH FROM: - ACQUIRING OR DISPOSING OF NONCURRENT ASSETS AND - LENDING MONEY/BRING REPAID THE PRINCIPAL AMOUNT LOANED.

Introduction8 C ASH F ROM F INANCING A CTIVITIES I NCLUDES: THE INCREASE OR DECREASE IN CASH FROM: - BORROWING MONEY AND REPAYING THE PRINCIPAL BORROWED AND - ALL CASH TRANSACIONS WITH THE COMPANY’S OWNERS.

Introduction9 N OW L ET’S S EE W HAT F INANCIAL R EPORTING D OES Andetony Corp.

Introduction10 H OW D ID A NDETONY C ORP. D O IN S EPTEMBER? What would we look at to decide?

Introduction11 H OW E ASY W OULD I T B E T O T RICK O UR A CCOUNTANT ?

Introduction12 O THER P OINTS T O D ISCUSS Redundancy in financial statements Bookkeeping stuff

Introduction13 Q UESTIONS ?