中级财务会计英文ch13
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. . . is required by SFAS No. 95
Chapter 13-3
பைடு நூலகம்
Cash Flow Reporting the Trend Toward Cash Flows
Increased Business Risk
-- Growing bankruptcy rate in the 70’s and 80’s. -- The problem of uneven cash flows for small
determine its net cash flow from operating activities.
Chapter 13-16
Operating Cash Flows Direct Method
Information regarding cash flows must come from several sources.
Free cash flow
- ( + ) Operating Cash
Necessary Operating and Capital
Debt Service
Receipts
Expenditures
Payments
Financial flexibility -- the ability to use cash flows to meet unexpected needs and opportunities.
Statement of Cash Flows
Chapter
13
Intermediate Accounting 12th Edition
Kieso, Weygandt, and Warfield
Chapter 13-1
Prepared by Coby Harmon, University of California, Santa Barbara
companies. -- Cash flow information helps investors avoid
losses from business failures.
Chapter 13-4
Cash Flow Reporting the Trend Toward Cash Flows
Previous Funds Statements -- Statement of Changes in Financial Position (APB Opinion No. 19) Cash Basis or Working Capital Basis
The order for the information search is: - The income statement. - Additional statements or schedules. - The comparative balance sheets.
Chapter 13-17
activities. 4. Contrast the direct and indirect methods of calculating net cash flow
from operating activities. 5. Determine net cash flows from investing and financing activities. 6. Prepare a statement of cash flows. 7. Identify sources of information for a statement of cash flows. 8. Discuss special problems in preparing a statement of cash flows. 9. Explain the use of a worksheet in preparing a statement of cash flows.
associated cash flows. the effect of cash and noncash investing and
financing activities on a firm’s financial position.
Chapter 13-7
SFAS No. 95 Requirements
SFAS No. 95 provides no guidance with regard to stock dividends or stock splits.
Chapter 13-15
Direct Method Under the direct method, a
company deducts its operating cash outflows from its operating cash inflows to
Chapter 13-9
Cash Flow Categories
Cash Flows from Operating Activities --Can be determined using either the direct method or the indirect method.
Cash Flows from Investing Activities
Chapter 13-14
Noncash Activities
Common noncash activities include: - Retirement of bonds by issuing stock. - Settlement of debt by transferring assets. - Incurrence of capitalized lease obligations.
Chapter 13-8
Cash and Cash Equivalents
Cash is characterized as those items immediately available to pay obligations.
Cash Equivalents are characterized as -- Short-term, highly liquid investments. -- Readily convertible into known and fixed amounts of cash. -- So near maturity that there is insignificant risk of market value fluctuation from interest rate changes.
Disclosure is required for significant noncash investing and financing activities.
Disclosure should appear in a supporting schedule to the Statement of Cash Flows or in the Notes to the Financial Statements.
Inflows
Proceeds from plant assets sales
Proceeds from sales and maturities of debt and equity securities
Collections of loan principal Sale of real estate
Chapter 13-6
Statement of Cash Flows Purpose
The Statement helps users assess . . . a firm’s ability to generate cash. a firm’s ability to meet its obligations. the reasons for differences between income and
Dividends paid to stockholders
Principal payments on loans from financial institutions
Principal payments on capital leases
Chapter 13-13
Noncash Activities
Inflows
Proceeds from debt for specific investing activities
Proceeds from loans from financial institutions
Proceeds from stock or bond issues
Outflows
Outflows
Payments to purchase plant assets
Purchases of debt and equity securities
Loans to others Payments to purchase real
estate
Chapter 13-12
Cash Flows From Financing Activities
Chapter 13-2
Statement of Cash Flows (SCF)
. . . is a report listing cash inflows and outflows by category.
. . . explains the change in cash during the period.
Learning Objectives
1. Describe the purpose of the statement of cash flows. 2. Identify the major classifications of cash flows. 3. Differentiate between net income and net cash flows from operating
advance
Outflows
Payments to suppliers Payments to employees Interest payments Income tax payments Payments on operating
leases
Chapter 13-11
Cash Flows From Investing Activities
Cash Flows from Financing Activities
Chapter 13-10
Cash From Operating Activities
Inflows
Receipts from customers Interest received Dividends received Refunds from suppliers Revenues received in
Differences between Cash and Accrual Accounting -- GAAP is increasingly complex. Cash flow information is important in the short run.
Chapter 13-5
Cash Flow Reporting the Usefulness of Cash Flows
Requires the use of cash and cash equivalents as the basis of reporting.
Allows two methods of reporting. Direct Method Shows actual net cash inflow (outflow) from operations. Indirect Method Shows net cash inflow (outflow) from operations as an adjustment of net income.
Chapter 13-3
பைடு நூலகம்
Cash Flow Reporting the Trend Toward Cash Flows
Increased Business Risk
-- Growing bankruptcy rate in the 70’s and 80’s. -- The problem of uneven cash flows for small
determine its net cash flow from operating activities.
Chapter 13-16
Operating Cash Flows Direct Method
Information regarding cash flows must come from several sources.
Free cash flow
- ( + ) Operating Cash
Necessary Operating and Capital
Debt Service
Receipts
Expenditures
Payments
Financial flexibility -- the ability to use cash flows to meet unexpected needs and opportunities.
Statement of Cash Flows
Chapter
13
Intermediate Accounting 12th Edition
Kieso, Weygandt, and Warfield
Chapter 13-1
Prepared by Coby Harmon, University of California, Santa Barbara
companies. -- Cash flow information helps investors avoid
losses from business failures.
Chapter 13-4
Cash Flow Reporting the Trend Toward Cash Flows
Previous Funds Statements -- Statement of Changes in Financial Position (APB Opinion No. 19) Cash Basis or Working Capital Basis
The order for the information search is: - The income statement. - Additional statements or schedules. - The comparative balance sheets.
Chapter 13-17
activities. 4. Contrast the direct and indirect methods of calculating net cash flow
from operating activities. 5. Determine net cash flows from investing and financing activities. 6. Prepare a statement of cash flows. 7. Identify sources of information for a statement of cash flows. 8. Discuss special problems in preparing a statement of cash flows. 9. Explain the use of a worksheet in preparing a statement of cash flows.
associated cash flows. the effect of cash and noncash investing and
financing activities on a firm’s financial position.
Chapter 13-7
SFAS No. 95 Requirements
SFAS No. 95 provides no guidance with regard to stock dividends or stock splits.
Chapter 13-15
Direct Method Under the direct method, a
company deducts its operating cash outflows from its operating cash inflows to
Chapter 13-9
Cash Flow Categories
Cash Flows from Operating Activities --Can be determined using either the direct method or the indirect method.
Cash Flows from Investing Activities
Chapter 13-14
Noncash Activities
Common noncash activities include: - Retirement of bonds by issuing stock. - Settlement of debt by transferring assets. - Incurrence of capitalized lease obligations.
Chapter 13-8
Cash and Cash Equivalents
Cash is characterized as those items immediately available to pay obligations.
Cash Equivalents are characterized as -- Short-term, highly liquid investments. -- Readily convertible into known and fixed amounts of cash. -- So near maturity that there is insignificant risk of market value fluctuation from interest rate changes.
Disclosure is required for significant noncash investing and financing activities.
Disclosure should appear in a supporting schedule to the Statement of Cash Flows or in the Notes to the Financial Statements.
Inflows
Proceeds from plant assets sales
Proceeds from sales and maturities of debt and equity securities
Collections of loan principal Sale of real estate
Chapter 13-6
Statement of Cash Flows Purpose
The Statement helps users assess . . . a firm’s ability to generate cash. a firm’s ability to meet its obligations. the reasons for differences between income and
Dividends paid to stockholders
Principal payments on loans from financial institutions
Principal payments on capital leases
Chapter 13-13
Noncash Activities
Inflows
Proceeds from debt for specific investing activities
Proceeds from loans from financial institutions
Proceeds from stock or bond issues
Outflows
Outflows
Payments to purchase plant assets
Purchases of debt and equity securities
Loans to others Payments to purchase real
estate
Chapter 13-12
Cash Flows From Financing Activities
Chapter 13-2
Statement of Cash Flows (SCF)
. . . is a report listing cash inflows and outflows by category.
. . . explains the change in cash during the period.
Learning Objectives
1. Describe the purpose of the statement of cash flows. 2. Identify the major classifications of cash flows. 3. Differentiate between net income and net cash flows from operating
advance
Outflows
Payments to suppliers Payments to employees Interest payments Income tax payments Payments on operating
leases
Chapter 13-11
Cash Flows From Investing Activities
Cash Flows from Financing Activities
Chapter 13-10
Cash From Operating Activities
Inflows
Receipts from customers Interest received Dividends received Refunds from suppliers Revenues received in
Differences between Cash and Accrual Accounting -- GAAP is increasingly complex. Cash flow information is important in the short run.
Chapter 13-5
Cash Flow Reporting the Usefulness of Cash Flows
Requires the use of cash and cash equivalents as the basis of reporting.
Allows two methods of reporting. Direct Method Shows actual net cash inflow (outflow) from operations. Indirect Method Shows net cash inflow (outflow) from operations as an adjustment of net income.