Chapter two Financial Statements,Cash Flow, and Taxes.pptVIP

Chapter two Financial Statements, Cash Flow, and Taxes Table of Contents Use of Financial Analysis Financial Statements and Reports Modifying Accounting Data for Managerial Decisions Uses of Financial Analysis It assists in identifying the major strengths and weaknesses of a business enterprise. It may discover problem areas in time for remedial action. It also be used by persons other than financial mgrs, such as credit mgrs, security analysts, bankers, union, students. Financial Statements and Reports 上市財報未依限送達證交所，將停止交易 依證交法第36條第1項規定，已依法發行有價證券之公司，應於每營業年度終了後四個月內公告並向主管機關申報，經會計師查核簽證、董事會通過及監察人承認之年度財務報告。其除經主管機關核准者外，並依下列規定辦理： 於每半營業年度終了後二個月內，公告並申報經會計師查核簽證、董事會通過及監察人承認之財務報告。 於每營業年度第一季及第三季終了後一個月內，公告並申報經會計師 核閱之財務報告。 於每月十日以前，公告並申報上月份營運情形。 上市財報未依限送達證交所，將停止交易 依證交所營業細則第50條第1項第1款規定，上市公司若未依法令期限內辦理財務報告或財務預測之公告申報，證交所將依證交法第147條規定，報請證期會核准後「停止其股票買賣」。 依證交所營業細則第50條之1第1項第9款規定，上市公司公告並申報的最近期財報投資控股公司或金融控股公司之合併財務報告淨值為「負數」者，證交所將依證交法第144條規定報請證期會核准後，公告「終止其股票上市」。 依證交所營業細則第49條第1項第1款、第3款規定，上市公司最近期財報顯示每股淨值低於5元或會計師出具保留意見者，股票交易方式將變更為「全額交割」。 The Balance Sheet Asset Liabilities Breakdown of the common Equity accounts The Time Dimension Asset~1 Cash: represents actual money. Cash equivalents: Some types of marketable securities have a very short time until maturity and can also be converted very quickly into cash at price close to their book values. B. Short-term investments: a. have a longer time until maturity. b. their market values are less predictable. Accounts Receivable: They are bills that a company has. Asset~2 D. Inventories: The dollars the company has invested in raw materials, work-in-process, and finished goods available for sale. a. FIFO (First-in, First out) b. LIFO (Last-in, First-out) What Financial Statements Don’t Tell You To promote transparency, the SEC requires audited financial statements by outside auditors to examine the actual performance of the company by using GAAP-based reporting. Unfortunately, even with standardized ac