TAILIEUCHUNG - Ebook Principles of accounting (11th edition): Part 2

(BQ) Part 2 book "Principles of accounting" has contents: The statement of cash flows, financial performance measurement, the changing business environment - a manager’s perspective, cost concepts and cost allocation, cost behavior analysis, the budgeting process, capital investment analysis, short run decision analysis,.and other contents. | CHAPTER 14 Making a Statement INCOME STATEMENT The Corporate Income Statement and the Statement of Stockholders’ Equity A s we pointed out in an earlier chapter, earnings management—the practice of manipulating revenues and expenses to achieve a specific outcome—is unethical when companies use it Revenues to create misleading financial statements. Users of financial state- – Expenses ments consider the possibility of earnings management by assess- = Net Income ing the quality, or sustainability, of a company’s earnings. To do so, they evaluate how the components of the company’s income STATEMENT OF RETAINED EARNINGS Beginning Balance + Net Income – Dividends statement affect earnings. In this chapter, we focus on those components. We also cover earnings per share, the statement of stockholders’ equity, stock dividends and stock splits, and book value per share. = Ending Balance LEARNING OBJECTIVES BALANCE SHEET Assets Liabilities LO1 Define quality of earnings, and identify the components of a corporate income statement. Stockholders’ Equity A = L + OE STATEMENT OF CASH FLOWS Operating activities + Investing activities + Financing activities = Change in Cash + Beginning Balance = Ending Cash Balance The corporate income statement aids in the analysis of profitability and links to stockholders’ equity, which in turn links to the stockholders’ equity section of the balance sheet. 614 (pp. 616–621) LO2 Show the relationships among income taxes expense, deferred income taxes, and net of taxes. LO3 Compute earnings per share. (pp. 621–625) (pp. 625–627) LO4 Define comprehensive income, and describe the statement of stockholders’ equity. (pp. 627–630) LO5 Account for stock dividends and stock splits. LO6 Calculate book value per share. (pp. 635–636) (pp. 630–635) DECISION POINT Ǡ A USER’S FOCUS Ǡ Should Kowalski, Inc., declare a stock split? Ǡ Should the company raise capital by issuing preferred stock? Ǡ Should the company pay .

• Kinh tế học
• Principles of accounting
• Financial performance measurement
• The changing business environment
• Cost allocation
• Cost behavior analysis
• The budgeting process
• Capital investment analysis
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Accounting information
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting