行动知识资产一种资源有望提供利益即产生现金流入或减少流出lecture slides video01.pdfVIP

Assets

•Anassetisaresourcethatipectedtoprovidefutureeconomic

benefits(i.e.generatefuturecashinflowsorreducefuturecash

outflows)

•Anassetisrecognizedwhen:

–Itisacquiredinapasttransactionore

–Thevalueofitsfuturebenefitscanbemeasuredwithareasonabledegreeof

precision

KNOWLEDGEFORACTION

WhichoftheFollowingareAssets?

•BOCsells$100,000ofmerchandisetoacustomerthatpromisesto

paycashwithin60days

•BOCsignsacontracttodeliver$100,000ofnaturalgastoDEFeach

monthforthenextyear

•BOCbuys$100,000ofchemicalstobeusedasrawmaterials,with

paymentmadeintimetosecurea2%discountonthepurchaseprice.

•BOCpays$12millionfortheannualrentonitsofficebuilding.Ithas

alreadyoccupieditforonemonth.

•BOCbuysapieceoflandfor$100,000.Itsbrokersaysthiswasa

“steal”becausethelandisprobablyworth$150,000.

•BOCisadvisedbyamarketingfirmthatitsbranmeisworth$63

million

KNOWLEDGEFORACTION

Liabilities

•Aliabilityisaclaimonassetsby“creditors”(non-owners)that

representsanobligationtomakefuturepaymentofcash,goods,or

services

•Aliabilityisrecognizedwhen:

–Theobligationisbasedonbenefitsorservicesreceivedcurrentlyorinthepast

–Theamountandtimingofpaymentisreasonablycertain

KNOWLEDGEFORACTION

WhichoftheFollowingareLiabilities?

•BOCreceives$300,000ofrawmaterialsfromitsrand

promisestopaywithin60days

•Basedonthisquarter’soperations,BOCestimatesthatitowesthe

IRS$3millionintaxes

•BOCsignsathree-year,$120millioncontracttohireAlDokesasits

newCEO,startingnextmonth

•BOChasnotyetpaidemployeeswhoearnedsalariesof$1,000,000

duringthemostrecentpayperiod

•BOCborrows$500,000fromabankonao