财务分析与决策（英文版）清华大学教授（肖星）.pdf

Week 1 Terminologies Current Assets: Current assets refer to the assets that enterprise can be realized or utilized within one year or an operating cycle more than one year. Cash: Cash includes the final balance of the three accounts: cash on hand, cash in bank, and cash equivalents, and the monetary fund with special purpose are not included. Accounts Receivable: Accounts receivable includes the payment should be received for selling goods, providing services and other business activities. Other Receivables: This subject accounts for receivable and temporary payment expect for deposit paid, buy back the sale of financial assets, notes receivable, accounts receivable, prepayments, Dividend Receivable interest receivable, accounts receivable, subrogation receivable, accounts receivable reinsurance, reinsurance contract reserve receivable and other receivables. (Example: Petty cash for traveling) Prepaid Accounts: This subject shows the advance money paid by firms in accordance with the contract. In situation of limited advance payment, this subject is not necessary to be set up, and will the credited directly to the "accounts payable" item. Inventory: inventory refers to finished goods or commodities, products in the production process, materials used in the production processor the provision of services held for enterprises held in daily activities Deferred Expenses: deferred expense is the expense already paid but should be shared by the current and future periods, such as low value consumable amortization, a large amount of lump-sum property insurance fees, sewage charges, technology transfer fees, advertising fees, fixed assets repairmen fees and prepayment for the rental of the fixed assets. Non-current Assets: non-current assets refer to the assets other than curr