管理会计ch17.pptVIP

Chapter 17 Understanding Corporate Annual Reports: Basic Financial Statements Learning Objective 1 The Balance Sheet Assets Example Assets Example Cash Equivalents Cash equivalents are short-term investments that can easily be converted into cash with little delay. What are some examples? money market funds Treasury bills Operating Cycle Depreciation Depreciation Natural Resources Natural resources such as mineral deposits are typically grouped with plant assets. Their original cost is written off in the form of depletion as the natural resource is used. Intangible Assets Intangible assets are a class of long-lived assets that are not physical in nature. What are some examples? Learning Objective 2 Liabilities Example Learning Objective 3 Stockholders’ Equity Example Stockholders’ Equity Common Stock Common stock has no predetermined rate of dividends and is the last to obtain a share in the assets when the corporation is dissolved. Common shares usually have voting power to elect the board of directors of the corporation. Preferred Stock Treasury Stock Learning Objective 4 Income Statement Operating Management Financial Management Net Income Earnings Per Share Learning Objective 5 Statement of Retained Earnings An analysis of the changes in retained earnings is frequently placed in a separate financial statement, the statement of retained earnings (also called statement of retained income). The major reasons for changes in retained earnings are dividends and net income. Learning Objective 6 Statement of Cash Flows Typical Activities Affecting Cash List the activities that increased or decreased cash. Place each cash inflow and outflow into one of three categories. operating activities investing activities financing activities Learning Objective 7 The Direct Method Cash Collections from Customers Cash Collections from Customers Cash Payments to Suppliers Cash Payments to Employees Investing Activities Financing Activities Statement of Cash Flows Fixed Asset