TAILIEUCHUNG - Lecture Intermediate accounting (Volume 1, IFRS edition): Chapter 6 - Kieso, Weygandt, Warfield

Chapter - Accounting and the time value of money. After completing this chapter you should be able to: Identify accounting topics where the time value of money is relevant, distinguish between simple and compound interest, use appropriate compound interest tables, identify variables fundamental to solving interest problems, solve future and present value of 1 other contents. | C H A P T E R 6 ACCOUNTING AND THE TIME VALUE OF MONEY Intermediate Accounting IFRS Edition Kieso, Weygandt, and Warfield Identify accounting topics where the time value of money is relevant. Distinguish between simple and compound interest. Use appropriate compound interest tables. Identify variables fundamental to solving interest problems. Solve future and present value of 1 problems. Solve future value of ordinary and annuity due problems. Solve present value of ordinary and annuity due problems. Solve present value problems related to deferred annuities and bonds. Apply expected cash flows to present value measurement. Learning Objectives Future value of a single sum Present value of a single sum Solving for other unknowns Basic Time Value Concepts Single-Sum Problems Annuities More Complex Situations Present Value Measurement Applications The nature of interest Simple interest Compound interest Fundamental variables Future value of ordinary annuity Future value of annuity due Examples of FV of annuity Present value of ordinary annuity Present value of annuity due Examples of PV of annuity Deferred annuities Valuation of long-term bonds Effective-interest method of bond discount/ premium amortization Choosing an appropriate interest rate Example of expected cash flow Accounting and the Time Value of Money A relationship between time and money. A dollar received today is worth more than a dollar promised at some time in the future. Basic Time Value Concepts Time Value of Money LO 1 Identify accounting topics where the time value of money is relevant. Notes Leases Pensions and Other Postretirement Benefits Long-Term Assets Applications to Accounting Topics: Basic Time Value Concepts Shared-Based Compensation Business Combinations Disclosures Environmental Liabilities LO 1 Identify accounting topics where the time value of money is relevant. Payment for the use of money. Excess cash received or repaid over the amount borrowed (principal). The Nature of Interest .

• Kế toán - Kiểm toán
• Intermediate accounting
• Lecture Intermediate accounting
• Time value of money
• Single sum problems
• Present value measurement
• Compound interest
• Financial Accounting
• Accounting process
• Accounting equation
• Accounting processing cycle
• Stock issuance
• Estimating reserves
• Liquidating dividends
• Accounting changes
• Error corrections
• Accounting choices
• Theoretical structure
• Accrual accounting
• Financial accounting environment
• Accounting for leases
• Leasing environment
• Accounting by lessee
• Special accounting problems
• Cash versus accrual accounting
• International standard setting
• Accounting standards
• Accounting assists
• The challenges facing accounting
• Income taxes
• Accounting for income taxes
• Deferred tax liabilities
• Error analysis
• Accounting policy
• Accounting estimate
• Accounting policies
• Financial reporting
• Accounting information system
• Measurement issues
• Characteristics of accounting
• Capital allocation process