TAILIEUCHUNG - Ebook Financial and managerial accounting (9th edition): Part 2

(BQ) Part 2 book "Financial and managerial accounting" has contents: The statement of cash flows, cost concepts and cost allocation, the budgeting process, cost behavior analysis, performance management and evaluation, standard costing and variance analysis, quality management and measurement | CHAPTER 14 The Statement of Cash Flows Focus on Financial Statements C INCOME STATEMENT ash flows are the lifeblood of a business. They enable a company to pay expenses, debts, employees’ wages, and taxes, and to invest in the assets it needs for its operations. Without sufficient cash flows, a company cannot grow and prosper. Because of Revenues the importance of cash flows, one must be alert to the possibility – Expenses that items may be incorrectly classified in a statement of cash flows = Net Income and that the statement may not fully disclose all pertinent information. This chapter identifies the classifications used in a statement STATEMENT OF RETAINED EARNINGS of cash flows and explains how to analyze the statement. Opening Balance + Net Income – Dividends = Retained Earnings BALANCE SHEET Assets Liabilities LEARNING OBJECTIVES LO1 Describe the principal purposes and uses of the statement of cash flows, and identify its components. (pp. 668–673) LO2 Analyze the statement of cash flows. (pp. 673–677) LO3 Use the indirect method to determine cash flows from operating activities. (pp. 678–684) Equity A=L+E STATEMENT OF CASH FLOWS Operating activities + Investing activities + Financing activities = Change in Cash + Starting Balance = Ending Cash Balance Changes in all noncash balance sheet accounts are used to explain changes in cash. 666 LO4 Determine cash flows from investing activities. (pp. 684–687) LO5 Determine cash flows from financing activities. (pp. 688–692) DECISION POINT Ǡ A USER’S FOCUS Ǡ Are operations generating sufficient operating cash flows? Ǡ Is the company growing by investing in long-term assets? Ǡ Has the company had to borrow money or issue stock to finance its growth? , INC. Founded in 1995, , Inc., is now the largest on-line merchandising company in the world and one of the 500 largest companies in the United States. The company’s financial focus is on “long-term sustainable growth”

• Kế toán - Kiểm toán
• Managerial accounting
• Financial accounting
• Cost concepts
• Cost allocation
• The budgeting process
• Cost behavior analysis
• Performance management
• Standard costing
• Managerial accounting for managers
• Lecture Managerial accounting
• Profitability analysis
• Decision making
• Operations management majors
• Nonmanufacturing costs
• Classifications of costs
• Kế toán quản trị
• Managerial accounting information
• General cost classifi cations
• Product costs
• Process costing
• Standard costing systems
• Accounting information
• Managerial decision
• Process management
• Financial statement
• Managerial accounting basics
• Managerial cost
• Period costs
• Lecture Financial and managerial accounting
• Financial statements
• Managerial decisions
• Dynamic business environment
• Reporting manufacturing activities
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Relevant costing
• Accounting activities
• Business activities
• Income statement
• Accounting cycle
• Accounting for merchandising operations
• Merchandising operations
• Capital budgeting decisions
• Time value of money
• Income taxes
• After tax cost