财务会计双语教学FinancialAccountingWeygandtKiesoKimmelch14.pptVIP

“备”则“倍” 有准备、有规划的人生更精彩！ 3 14 * John Wiley Sons, Inc. Financial Accounting, 5e Prepared by Kurt M. Hull, MBA CPA California State University, Los Angeles Weygandt, Kieso, Kimmel CHAPTER 14 STATEMENT OF CASH FLOWS STUDY OBJECTIVES After studying this chapter, you should understand: Analysis Direct method Indirect method Operating, investing, and financing activities Usefulness of the statement of cash flows STUDY OBJECTIVE 1 USEFULNESS OF CASH FLOW STATEMENT The cash flow statement reports CASH RECEIPTS and CASH PAYMENTS from OPERATING, FINANCING, and INVESTING activities. The cash flow statement helps users assess: Ability to generate future cash flows Ability to pay dividends and meet obligations Why net income is different from operating cash flows Cash investing and financing transactions COMPANY NAME Statement of Cash Flows Period Covered Cash flows from operating activities (List of individual items) XX Net cash provided (used) by operating activities XXX Cash flows from investing activities (List of individual inflows and outflows) XX Net cash provided (used) by investing activities XXX Cash flows from financing activities (List of individual inflows and outflows) XX Net cash provided (used) by financing activities XXX Net increase (decrease) in cash XXX Cash at beginning of period XXX Cash at end of period XXX Noncash investing and financing activities (List of individual noncash transactions) XXX CASH FLOW STATEMENT FORMAT STEPS IN PREPARING CASH FLOW STATEMENT STUDY OBJECTIVE 3 INDIRECT METHOD X Beginning cash equivalents xx Ending cash equivalents X Net change in cash X Cash flow from financing activities (X) Cash flow from investing activities X Cash flow from operating activities The operating section reconciles NET INCOME with CASH FLOW FROM OPERATIONS The investing and financing sections are the same regardless of which method is used. INDIRECT METHOD Illustration 14-4 2006 2005 INDIRE