TAILIEUCHUNG - Issues in Financial Accounting (24)

PART II: Corporate Accounting Concepts and . Issues Lecture 24 Accounting and the Time. Value of Learning. Learning Objectives. Objectives. 1. Identify accounting topics where the time value of money is relevant 2. Distinguish between simple and compound interest 3. Use appropriate compound interest tables 4. Identify variables fundamental to solving interest problems 5. Solve future and present value of 1 Accounting. Accounting and. and the. the Time. Time Value. Value of. of Money. Money. Basic Time. Single-Sum. Value. Problems. Concepts Applications Future value. The nature of of a single. interest sum. Simple interest Present value. of a single. Compound. sum. interest. Solving for. Fundamental. other. variables. Basic. Basic Time. Time Value. Value Concepts. Concepts 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 future4 LO 1 Identify accounting topics where the time value of money is relevant. Basic. Basic Time. Time Value. Value Concepts. Concepts Applications to Time Value Concepts:. 1. Notes 5. Shared-Based. Compensation. 2. Leases. 6. Business Combinations. 3. Pensions and Other. Postretirement 7. Disclosures. Benefits. 8. Environmental Liabilities. 4. Long-Term LO 1 Identify accounting topics where the time value of money is relevant. Basic. Basic Time. Time Value. Value Concepts. Concepts The Nature of Interest. Payment for the use of money Excess cash received or repaid over the amount. borrowed (principal)6 LO 1 Identify accounting topics where the time value of money is relevant. Basic. Basic Time. Time Value. Value Concepts. Concepts Simple Interest. Interest computed on the principal only. Illustration: Barstow Electric Inc. borrows $10,000 for 3 years. at a rate of 8% per year. Compute the total interest to be paid. for the 1 year Interest = p x i x n. Annual. = $10,000 x .08 x 1. Interest. = $800 Federal law requires the disclosure of interest rates on an annual LO 2 Distinguish between simple and compound interest. Basic. Basic Time. Time Value. Value Concepts.

• Sáng kiến kinh nghiệm
• Issues in economics today
• Lecture Issues in economics today
• Macroeconomic issues
• International issues
• Price control issues
• Opportunity cost
• Demand model
• Elasticity of demand
• Firm production
• Perfect competition
• Gross domestic product
• Federal spending
• Fiscal policy
• Monetary policy
• Flaws in the CPI
• International trade
• International monetary fund
• Trade agreements
• Economic model
• Environmental problems
• Economic models of health care
• Medicaid costs
• Public insurance
• Prescription drugs
• Economics of crime
• Human capital
• Measuring poverty
• Social security
• Head start
• Affirmative action