tailieunhanh - Lecture Issues in financial accounting – Lecture 26: Statement of cash flows revisited

The contents of this chapter include all of the following: Indicate the primary purpose of the statement of cash flows; distinguish among operating, investing, and financing activities; explain the impact of the product life cycle on a company’s cash flows; | Statement of Cash Flows Revisited PART III: Decision Tools Lecture 26 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 . | Statement of Cash Flows Revisited PART III: Decision Tools Lecture 26 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 Operating Activities Changes in Investments and Long-Term Asset Items Investing Activities Changes in Long-Term .

• Kế toán - Kiểm toán
• Financial accounting
• Issues in financial accounting
• Kế toán tài chính
• Financial statements
• Cash flows revisited
• Decision tools
• Accounting standards
• Financial reporting
• Financial Accounting Standards Board
• Fundamental financial accounting
• Lecture Fundamental financial accounting concepts
• Financial statement
• Accounting cycle
• Accounting for accruals
• Lecture Financial accounting
• Accounting system
• Accounting activities
• Financial accounting practice
• Accounting information system
• Accounting terminology
• Reporting financial results
• Evaluating liquidity
• Business firms
• The financial reporting reform
• Accounting information
• Management accounting
• Accounting equation
• Accounting systems
• Decision making
• External financial reporting
• Accounting for business
• Lecture Accounting for business
• Financial accounting reports
• Statement of financial performance
• Accrual accounting systems
• Statement of financial position
• Mastering financial accounting essentials
• Financial accounting essentials
• Accrual accounting
• Income statement
• Accounting conventions
• Internal control
• Accounting for cash
• Accounting for receivables
• Computing uncollectible accounts expense
• Long term debt
• Accounting for long term debt
• Paper F3
• Revision kit 2016
• Accounting Financial
• Accounting Financial Review
• Financial Review accounting exam
• Study text 2016
• Language of business
• Double entry accounting system
• Credit terminology
• Merchandising businesses
• Accounting for merchandising businesses
• Accounting for inventories
• Cash discounts
• The accounting cycle
• International financial reporting standards
• Completing the accounting cycle
• Accounting worksheet
• Classified balance sheet