TAILIEUCHUNG - Lecture Intermediate accounting (14th edition): Chapter 23 - Kieso, Weygandt, Warfield

Chapter 23 - Statement of cash flows. In this chapter students will be able to: Describe the purpose of the statement of cash flows, identify the major classifications of cash flows, differentiate between net income and net cash flow from operating activities,. | Prepared by Coby Harmon University of California, Santa Barbara Intermediate Accounting Intermediate Accounting 14th Edition 23 Statement of Cash Flows Kieso, Weygandt, and Warfield Describe the purpose of the statement of cash flows. Identify the major classifications of cash flows. Differentiate between net income and net cash flow from operating activities. Contrast the direct and indirect methods of calculating net cash flow from operating activities. Determine net cash flows from investing and financing activities. Prepare a statement of cash flows. Identify sources of information for a statement of cash flows. Discuss special problems in preparing a statement of cash flows. Explain the use of a worksheet in preparing a statement of cash flows. Learning Objectives Preparation of the Statement Special Problems in Statement Preparation Use of a Worksheet Usefulness Classification of cash flows Format of statement Steps in preparation Examples Sources of information Indirect vs. direct method Adjustments to net income Accounts receivable (net) Other working capital changes Net losses Significant noncash transactions Preparation of worksheet Analysis of transactions Preparation of final statement Statement of Cash Flows LO 1 Describe the purpose of the statement of cash flows. Primary purpose: To provide information about a company’s cash receipts and cash payments during a period. Secondary objective: To provide cash-basis information about the company’s operating, investing, and financing activities. Section 1 - Preparation of the Statement of Cash Flows LO 1 Describe the purpose of the statement of cash flows. Provides information to help assess: Entity’s ability to generate future cash flows. Entity’s ability to pay dividends and meet obligations. Reasons for difference between net income and net cash flow from operating activities. Cash and noncash investing and financing transactions. Usefulness of the Statement of Cash Flows Income Statement Transactions .

• Kế toán - Kiểm toán
• Intermediate accounting
• Lecture Intermediate accounting
• Statement of cash flows
• Statement of cash flows
• Cash flows
• Operating activities
• 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