Stockholders’Equity(中级会计学赖红宁).pptxVIP

C3hapterThe Balance Sheet and the Statement of Changes in Stockholders’ EquityAn electronic presentation by Douglas Cloud Pepperdine University2021/7/4Objectives1. Understand the purposes of the balance sheet.2. Define the elements of a balance sheet.3. Explain how to measure the elements of a balance sheet.4. Classify the assets of a balance sheet.5. Classify the liabilities of a balance sheet.6. Report the stockholders’ equity of a balance sheet.Continued2021/7/4Objectives 7. Prepare a statement of changes in stockholders’ equity. 8. Understand the other disclosure issues for a balance sheet. 9. Describe the SEC integrated disclosures.10. Explain the reporting techniques used in an annual report.2021/7/4FASB Statement of Concepts No. 5FASB Statement of Concepts No. 5 recommends that a full set of financial statements for an accounting period should show a company’s...2021/7/4FASB Statement of Concepts No. 5(1) Financial position at the end of the period.(2) Net income for the period.(3) Comprehensive income for the period.(4) Cash flows for the period.(5) Investments by and distributions to owners for the period.2021/7/4Transactions and Events Interrelationship of Financial StatementsBeginning Balance Sheet Assets Liabilities Stockholders’ EquityContinued2021/7/4Income Statement Revenues ExpensesStatement of Cash Flows Operating Activities Investing Activities Financing ActivitiesInterrelationship of Financial StatementsTransactions and Events Continued2021/7/4EndingBalance Sheet Assets Liabilities Stockholders’ EquityInterrelationship of Financial StatementsIncome Statement Revenues ExpensesStatement of Cash Flows Operating Activities Investing Activities Financing Activities2021/7/4Stockholders’ EquityLiabilities+=Economic obligationsEconomic resourcesNet assetsBasic Accounting EquationAssets2021/7/4LiquidityThe term liquidity is used to describe how quickly an asset can be converted into cash or a liability paid.2021/7/4Financial FlexibilityFinancial flexibilit