ch012010财务会计英文版。原书第五版PPT.ppt

Cash 8050 Accounts receivable 1400 Supplies 1600 Equipment 7000 Total assets 18,050 Liabilities Accounts payable 1600 Stockholder’s equity common stock 15000 retained earnings 1450 Total liabilities and stockholders’ equity 18,050 Softbyte Balance Sheet September 30, 2006 Cash flows from operating activities cash receipts from the revenue 3300 cash payment for expenses (1950) Net cash flows from operating activities 1350 Cash flows from investment activities purchase equipment (7000) Cash flows from financing activities sales of common stock 15000 payment of cash dividends (1300) Net cash flows from financing activities 13,700 Net cash increase 8050 Cash at the beginning of the period 0 Cash at the ending of the period 8050 Softbyte Statement of cash flows For the Month ended September 30,2006 THE ACCOUNTING PROFESSION In public accounting 公众会计, you would offer expert service to the general public Areas of public accounting Auditing 审计 Taxation 税务 Management consulting 管理咨询 Public Accounting Certified Public Accountant (CPA): examines financial statements of company and expresses an opinion as to the fairness of presentation. Junior accountant 2-4 years Senior accountant 6-8 years Manager 10 years Partner THE ACCOUNTING PROFESSION In private accounting 私人会计, you would be involved in one of the following activities: General accounting 一般会计 Cost accounting 成本会计 Budgeting 预算 Accounting information systems 会计信息系统 Tax accounting 税务会计 Internal auditing 内部审计 Junior accountant 2-4 years Senior accountant 6-8 years Controller 10 years CFO (Chief Financial Officer) THE ACCOUNTING PROFESSION Not-for profit organizations 非盈利组织 also need sound financial reporting and control. Donors want information about how well the organization has met its objectives and whether continued support is justified. Hospitals and colleges must make decisions about the allocation of funds. Gove