Corporate Finance PowerPoint presentation. In this presentation, we will discuss Statement of Cash Flows Get ready, it’s time to take your chance with corporate finance statement of cash flows. So remember when we’re thinking about the financial statements, we can think about them as answering two major questions to users of the financial statements. For examples, if we’re thinking about investing to the company in some type of way, and are using the financial statements to help us make a decision with regards to that, we want to know where does the company stand at this point in time, what’s basically their worth at this point in time. For that we get help from the balance sheet, which is going to give us the assets liabilities, equity, assets, minus liabilities equals equity, which is basically the book value as of a point in time.
Posts with the Revenue tag
Income Statement Overview 225
Corporate Finance PowerPoint presentation. In this presentation, we’re going to continue on discussing the income statement. Get ready, it’s time to take your chance with corporate finance income statement continued. Remember that as we think about the financial statements, we can break them out into basically two objectives that an investor might have the investor would want to know two general things one, where does the company stand at a point in time with their approximate value as of a point in time? And two? What is the likelihood of their performance in the future? What how well, will they do in the future? How can we predict how well they will do, we’re going to base it on past performance. So the point in time statement is going to be the balance sheet. So remember, if you’re looking at financial statements, for the year ended, say, December 31, the balance sheet will be as of a point in time and therefore as of December 31, it will not be a range. Whereas if you’re looking at a time frame, meaning the beginning to the end of the period, so if you’re looking for financial statements for the period ended, or the year ended, December 31, then the income statement, the primary timing statement, will be represented, it’ll say January through December or for the year ended December 31.
Income Statement Overview 220
Hello in this presentation we will discuss the income statement objectives. At the end of this presentation, we will be able to describe what an income statement is list the parts of the income statement and explain the reasons for an income statement. First, we’ll start off with a question we’ll which will explain the timing of the income statement or introduce us to an explanation of the timing of the income statement? And that is the question of asking somebody, how much do you make when we work through if we were to ask somebody how much they make? They would mentally make some type of assumption in order to answer that question, or they would ask you the question if they chose to answer at all. The question, What do you mean? Do you mean per month? Do you mean per year? Do you mean per week? And this is going to be something that needs to be answered in order to answer the question.
Financial Statements Overview 205
Corporate Finance PowerPoint presentation. In this presentation, we will give an overview of financial statements Get ready, it’s time to take your chance with corporate finance, financial statement overview, the financial statements will be the primary tool that will be used to value the company, the financial statements are going to be generated from the company.
Eliminating Intercompany Transactions
Advanced financial accounting. In this presentation we will discuss eliminating intercompany transactions, the objective will be to have an overview of the intercompany transactions, the types of intercompany transactions and the basic elimination entry for those intercompany transactions get ready to account with advanced financial accounting intercompany transactions, we’re going to start off by listing the intercompany transactions as we list them. Remember, our objective is in essence to remove the intercompany transactions.
Intercompany Transactions
Advanced financial accounting. In this presentation we’re going to discuss intercompany transactions. So typically we have a situation where where we have a parent subsidiary relationship or thinking about a consolidation type of process within it. And then we have those intercompany transactions between the companies that need to be consolidated between parent and subsidiary, get ready to account with advanced financial accounting intercompany transactions, the intercompany transactions we’ll be focusing in on here and working some practice problems in on will include the intercompany receivables and payables need to be eliminated for consolidated financial statements.
Threshold Tests for Segment Reporting
Advanced financial accounting PowerPoint presentation. In this presentation we will discuss threshold tests for segments reporting, get ready to account with advanced financial accounting threshold tests for segment reporting separate supplemental disclosures that need to be made for separately reportable operating segments. So we’ve got these separately reportable operating segments, we have to then determine what type of reporting needs to be taking place for them. determining if a segment needs separately reported information. There are 310 percent quantitative rules FA SB specifies separate disclosure is needed for any segment that meets at least one of the three tests that follow. So we have the segment we got to think about Okay, do we need separate disclosure for this segment, and in order to determine that we’re going to use these 310 percent tests, they only need to meet one of these tests in order for the separate disclosure to be necessary that being 10% revenue test 10% profit or loss test and 10% assets tests. We’re going to go into more detail on each of these tests. Now some we’re going next slides we’ll be focusing in on these three items. So we’re going to start of course with the 10% revenue test. If an operating segments revenue, including both external sales and intersegment sales or transfers is 10% or more of total revenues from external sales plus intersegment. transactions of all operating segments, then segment is separately reported and supplemental disclosures must be provided for it in the annual report so that we have the 10% of revenue basically top line of course on the income statement to determine if the segment is separately reportable. Then we have the 10% of profit and loss. So now the next test now looking at the bottom line, of the income statement, as opposed to The top line if the absolute value of the segments profit or loss or absolute value, so, if we have a income or loss is 10% or more of the higher in absolute value of a the total profit of all operating segments that did not report a loss or be total loss of all operating segments that did report a loss, then the segment is separately reportable and supplementary disclosures must be provided for it in the annual report. So, you can think about these tests you got the 10% of the top line of the income statement, the revenue, basically 10% of the bottom line, profit or loss on the income statement. Now, we’re looking at the balance sheet 10% of assets tests. If these segments assets are 10% or more of the total assets of all operating segments, then the segment is separately reportable and supplementary disclosures must be provided for it in the annual report.
Interim Financial Reporting Rules
Advanced financial accounting PowerPoint presentation. In this presentation we will take a look at interim financial reporting or rules get ready to account with advanced financial accounting. Interim financial reporting rules started off with interim report. So interim reports they will cover a time period of less than a single year. So when we’re thinking about the interim reports, when we’re thinking about interim information, we have the year in information when we think about financial statements, we often what pops into most people’s head most of the time are going to be for the year ended financial statements income statement covering January through December balance sheet covering the year end. If it’s a fiscal year calendar year in interim, then we’re going to be talking about the financial statements at some interim period typically quarterly, quarterly meaning first, second, third quarter and then you got the yearly information for the fourth quarter. Therefore, the interim reports they will cover a time period of less than a single year. The goal is to provide timely information about the company’s options. Throughout the year, so obviously more information is nice. We want timely information for the decision makers, we got the year end reports, it would be nice if we have the quarterly reports, which we have now, to give us more timely information as the year goes by. quarterly reports are required to be published for publicly held companies. So if you’re a publicly held company, that company’s stock is being traded on stock exchanges and whatnot, then people need current information. The market needs current information. Therefore, it’s a requirement to have the quarterly reporting for that timely information. The quarterly reports can generally be thought of as smaller versions of the annual report. So when we think about the annual reporting, what’s going to be included in it, the quarterly reports is, as you would kind of expect, right a smaller version of that as we’re doing the reporting for a timeframe that’s going to be less than the entire year. Here some type of interim reporting requirements form q 10 q or form 10 q sec s quarterly report.
Threshold Tests for Segment Reporting
Advanced financial accounting PowerPoint presentation. In this presentation we will discuss threshold tests for segments reporting, get ready to account with advanced financial accounting threshold tests for segment reporting separate supplemental disclosures that need to be made for separately reportable operating segments. So we’ve got these separately reportable operating segments, we have to then determine what type of reporting needs to be taking place for them. determining if a segment needs separately reported information. There are 310 percent quantitative rules FA SB specifies separate disclosure is needed for any segment that meets at least one of the three tests that follow. So we have the segment we got to think about Okay, do we need separate disclosure for this segment, and in order to determine that we’re going to use these 310 percent tests, they only need to meet one of these tests in order for the separate disclosure to be necessary that being 10% revenue test 10% profit or loss test and 10% assets tests. We’re going to go into more detail on each of these tests. Now some we’re going next slides we’ll be focusing in on these three items. So we’re going to start of course with the 10% revenue test. If an operating segments revenue, including both external sales and intersegment sales or transfers is 10% or more of total revenues from external sales plus intersegment. transactions of all operating segments, then segment is separately reported and supplemental disclosures must be provided for it in the annual report so that we have the 10% of revenue basically top line of course on the income statement to determine if the segment is separately reportable. Then we have the 10% of profit and loss. So now the next test now looking at the bottom line, of the income statement, as opposed to The top line if the absolute value of the segments profit or loss or absolute value, so, if we have a income or loss is 10% or more of the higher in absolute value of a the total profit of all operating segments that did not report a loss or be total loss of all operating segments that did report a loss, then the segment is separately reportable and supplementary disclosures must be provided for it in the annual report. So, you can think about these tests you got the 10% of the top line of the income statement, the revenue, basically 10% of the bottom line, profit or loss on the income statement. Now, we’re looking at the balance sheet 10% of assets tests. If these segments assets are 10% or more of the total assets of all operating segments, then the segment is separately reportable and supplementary disclosures must be provided for it in the annual report.
Segment Reporting Overview
Advanced financial accounting PowerPoint presentation. In this presentation, we will give an overview of segment reporting, get ready to account with advanced financial accounting, overview segment reporting. So when we think about segment reporting, we’re thinking about a company breaking that company into the segments. And when we think about the segments, two questions we want to consider are what is a segment? How does one qualify or how does a segment qualify as a segment and once qualifying for a segment, then what are going to be the financial reporting that needs to be done for the segment? So three characteristics of an operating segment, the component units, business activities, generate revenue and incur expenses. So the component unit that unit you can think about like a separate unit incurs revenue and has expenses including any revenue or expenses in transactions with other business units of the company? So we’re including the transactions if you’re thinking about it as a different segment, a different unit? You’re thinking okay, they have revenue and expenses with In the revenue worth, we’re also including any revenue or expenses, in transactions with other business units of the company. So you’re kind of thinking about a segment as being somewhat autonomous in and of itself here, and therefore having its own basically revenue and expenses, although it can be connected to other segments, the component units, operating results are regularly reviewed by the entities Chief Operating mark, operating decision maker.