会计英语(简明版) Lesson 10 Statement of Cash Flows

合集下载

会计学(第21版)课件:Statement of Cash Flows

会计学(第21版)课件:Statement of Cash Flows

24,700
activities
$100,500
The Indirect Method
Select current assets and current liabilities that impact cash flow and determine the increases and decreases.
Issuing a long-term note to acquire equipment
Issuing a stock dividend
No cash flow per share is reported in the financial statements because the user
The Indirect Method
Balance Sheet
Cash
Noncash Assets
Liabilities
Stockholders’ Equity

Assets = Liabilities + Stockholders’ Equity
• Cash + Noncash Assets = Liabilities + Stockholders’ Equity
$ 7,000 8,000 2,200 17,200
$125,200 $ 9,000
3,200 500
12,000 24,700
Net cash flow from operating activity
$100,500
The Indirect Method
Next, we need to determine depreciation expense for the year. If it isn’t given on the income

财务会计英文影印版第十版课后练习题含答案 (2)

财务会计英文影印版第十版课后练习题含答案 (2)

财务会计英文影印版第十版课后练习题含答案简介本文档为《财务会计英文影印版第十版》的课后练习题及答案。

该书是一本介绍财务会计的教材,涵盖了财务会计理论和实践,适用于财务会计初学者。

练习题Chapter 11.1 Expln the difference between management accounting and financial accounting.1.2 Expln the purpose of financial statements.1.3 Expln the role of the audit committee.1.4 Expln the difference between the balance sheet and the income statement.Chapter 22.1 Expln the difference between revenue and profit.2.2 Expln the difference between cash basis accounting and accrual basis accounting.2.3 Expln the purpose of the statement of cash flows.Chapter 33.1 Expln the difference between current and non-current assets.3.2 Expln the difference between current and non-current liabilities.3.3 Expln the difference between financing activities and investing activities.Chapter 44.1 Expln the purpose of the double-entry accounting system.4.2 Expln the difference between debits and credits.4.3 Expln the purpose of the trial balance.Chapter 55.1 Expln the difference between the cost of goods sold and operating expenses.5.2 Expln the purpose of the income statement.5.3 Expln the difference between gross profit and net profit.答案Chapter 11.1 Management accounting is concerned with providing information for internal decision-making, while financial accounting is concerned with providing information to external users.1.2 The purpose of financial statements is to provide information about an entity’s financial performance, financial position, and cash flows.1.3 The audit committee is responsible for overseeing the financial reporting process and ensuring the integrity of financial statements.1.4 The balance sheet shows an entity’s financial position at a specific point in time, while the income statement shows an entity’s financial performance over a period of time.Chapter 22.1 Revenue represents the amounts earned from the sale of goods or services, while profit represents the difference between revenue and expenses.2.2 Cash basis accounting recognizes revenue and expenses when cash is received or pd, while accrual basis accounting recognizes revenue and expenses when they are earned or incurred, regardless of when cash is received or pd.2.3 The statement of cash flows is used to show the inflows and outflows of cash from operating, investing, and financing activities.Chapter 33.1 Current assets are expected to be converted to cash within one year, while non-current assets are expected to be held for more than one year.3.2 Current liabilities are expected to be pd within one year, while non-current liabilities are expected to be pd after one year.3.3 Financing activities involve obtning funds from external sources and paying dividends to shareholders, while investing activities involve acquiring and disposing of property, plant, and equipment, and other long-term investments.Chapter 44.1 The double-entry accounting system ensures that everytransaction is recorded in two accounts, with equal debits and credits,in order to mntn the equality of debits and credits in the accounting equation.4.2 Debits are used to record increases in assets and expenses and decreases in liabilities and equity, while credits are used to record increases in liabilities and equity and decreases in assets and expenses.4.3 The trial balance is a list of all the accounts in the ledgerwith their balances, used to ensure that the total of the debits equals the total of the credits.Chapter 55.1 The cost of goods sold represents the cost of the goods or services sold by a company, while operating expenses represent the other costs of running a business.5.2 The income statement shows a company’s revenue, expenses, andnet income or loss for a period of time.5.3 Gross profit represents revenue minus the cost of goods sold, while net profit represents gross profit minus operating expenses.结论本文档为《财务会计英文影印版第十版》课后练习题及答案,涵盖了财务会计的基本理论和实践。

ppt09 Statement of cash flows 会计英语(第四版) 教学课件

ppt09 Statement of cash flows 会计英语(第四版) 教学课件

#####
Ca sh flo w s fro m fin a n cin g a ctivitie s: [Lis t of individual inflow s and outflow s ] N et c as h provided (us ed) by financ ing ac tivit-term and long-term borrowing.
+
Owners (for example, from issuing stock).
Outflows to: Repayments of borrowed funds. _
Owners for dividends. Purchase treasury stock.
YE SUN AccountingEnglish
8
Compa ny Na me Sta te me nt of Ca sh Flow s
Pe riod Cove re d
Ca sh flow s from ope ra ting a ctivitie s: [List of individual inflows and outflows] Net cash provided (used) by operating activities
Helps investors with questions about the company’s:
Ability to generate positive cash flows. Ability to meet its obligations and to pay dividends. Need for external financing. Investing and financing transactions for the period.

会计英语课件:Statement of Cash Flows

会计英语课件:Statement of Cash Flows

CASH
+
0 + + 0 0 0 0 0 0
0
Investing Activities
Purchase fixed asset for cash
-
Purchase fixed assets by issuing debt
0
Sell fixed assets
+
Purchase securities that are not cash equivalents
CASH INFLOWS Borrowing from creditors Issuing equity securities
CASH OUTFLOWS Repayment of amount borrowed Repurchase of equity shares (including the purchase of treasury stock) Payment of dividends
▪ Aims: ▪ 1. Explain the concept of The Cash Flow
Statements. ▪ 2. Classify activities affecting cash as
operating, investing, or financing activities. ▪ 3. Use the direct method to measure cash flows. ▪ 4. Determine cash flows from income statement and balance sheet accounts. ▪ 5. Use the indirect method to calculate cash flows from operations.

会计英语期末知识点

会计英语期末知识点

会计英语期末知识点会计是一门涉及财务和商业运作的重要学科,它有着自己独特的术语和词汇。

在学习会计的过程中,了解和掌握会计英语是非常重要的。

下面将介绍一些会计英语的常见知识点。

1. 会计基础词汇会计英语中有一些基础的词汇需要掌握,比如:“accounting”(会计)、“asset”(资产)、“liability”(负债)、“revenue”(收入)和“expense”(费用)等。

这些词汇是会计学中的基本概念,理解它们有助于理解会计的核心原则和概念。

2. 财务报表财务报表是记录和反映企业财务状况和经营成果的重要工具。

在会计英语中,有一些词汇和短语与财务报表相关。

- "balance sheet"(资产负债表): 显示企业在特定日期的资产、负债和股东权益。

- "income statement"(利润表): 描述企业在一定期间内的收入、费用和利润情况。

- "statement of cash flow"(现金流量表): 汇报企业现金流动的进出情况。

- "financial statement analysis"(财务报表分析): 通过对财务报表进行分析,评估企业的财务状况和经营表现。

了解这些词汇和短语有助于理解和解读财务报表。

3. 会计准则会计准则是规范会计行为的准则和原则,它们对财务报表的编制和披露提供了一套标准规范。

会计准则在不同国家和地区可能有所不同,但有一些国际通用的准则,如国际财务报告准则(IFRS)。

- "generally accepted accounting principles"(普遍认可的会计准则,简称GAAP): 是一套被广泛接受而通用的会计准则,用于编制和呈报财务报表。

- "International Financial Reporting Standards"(国际财务报告准则,简称IFRS): 是国际会计准则委员会(IASB)制定的一套国际会计准则,广泛应用于世界各国的财务报告编制。

基础会计(英文版)(第二版)Chapter 16 The Statement of Cash Flo

基础会计(英文版)(第二版)Chapter 16 The Statement of Cash Flo
cash receipts from distribution of dividends or assets
cash receipts from distribution of dividends or profits
cash receipts from bond interest income
Cash Paid to Acquire Plant Assets 16 000 000
Proceeds from Sales of Plant Assets
Book value of plant assets sold Add: Gain on sales of plant assets Proceeds from sales of plant assets
Purchases of marketable securities
(6 500 000)
Proceeds from sales of marketable securities 4 000 000
Interest and Dividends Received
Interest revenue Add: Decrease in accrued interest receivable Interest received
Net increase (decrease) in Cash
Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period
##### yuan
#####
##### ##### yuan ##### ##### yuan
Required to be prepared by business entities in China as from January 1, 1998

会计英语知识点章节

会计英语知识点章节

会计英语知识点章节导语:会计是一门十分重要的学科,英语作为国际通用语言,在会计领域也有其独特的术语和表达方式。

本文将介绍一些常见的会计英语知识点,以帮助读者更好地理解和运用会计英语。

一、财务报表(Financial Statements)财务报表是反映企业财务状况和经营成果的重要工具。

常见的财务报表包括资产负债表(Balance Sheet)、利润表(Income Statement)以及现金流量表(Statement of Cash Flows)。

在会计英语中,这些报表分别被称为Balance Sheet, Income Statement和Statement of Cash Flows。

其中,Balance Sheet反映了企业特定日期的资产、负债和所有者权益的情况;Income Statement反映了企业一定期间内的收入和支出情况;Statement of Cash Flows反映了企业一定期间内现金流入和流出的情况。

二、会计核算(Accounting Entries)会计核算是指对企业的经济业务进行记录和记账的过程。

在会计英语中,记账一般被称为“make entries”,而核算的结果被称为“accounting entries”。

之后,会计人员通过编制会计凭证(Accounting Vouchers)来反映这些核算结果。

会计凭证的种类包括现金凭证(Cash Voucher)、银行存款凭证(Bank Deposit Slip)等。

三、费用与收入(Expenses and Revenues)费用(Expenses)是指企业在生产经营过程中所发生的、用以取得和保持资源的付出。

在会计英语中,费用往往被称为“expenses”,如劳务费(Labor Expenses)、行政费用(Administrative Expenses)等。

而与之对应的是收入(Revenues),也被称为“revenues”,如售货收入(Sales Revenue)等。

会计英语期末知识点总结

会计英语期末知识点总结

会计英语期末知识点总结1. Basic Concepts of Accounting1.1. Financial AccountingFinancial accounting is the process of recording, summarizing, and reporting financial transactions of a business to external parties such as investors, creditors, and regulators. It provides a comprehensive view of the financial performance and position of a company.1.2. Managerial AccountingManagerial accounting is the process of providing financial and non-financial information to internal management for decision making, planning, and control. It focuses on providing relevant and timely information to support the management in making informed decisions.1.3. Accounting PrinciplesGenerally Accepted Accounting Principles (GAAP) are a set of guidelines and rules that govern the accounting practices and procedures in the United States. These principles ensure consistency and comparability in financial reporting.1.4. Double-Entry AccountingDouble-entry accounting is a system in which every financial transaction has equal and opposite effects on at least two different accounts. This system ensures accuracy and completeness in recording financial transactions.1.5. Accrual Basis vs. Cash Basis AccountingAccrual basis accounting recognizes revenues when earned and expenses when incurred, regardless of when cash is received or paid. Cash basis accounting, on the other hand, recognizes revenues and expenses only when cash is received or paid.2. Financial Statements2.1. Balance SheetA balance sheet is a financial statement that shows the financial position of a company at a specific point in time. It presents the assets, liabilities, and equity of the business, providinga snapshot of its financial health.2.2. Income StatementAn income statement, also known as a profit and loss statement, shows the revenues, expenses, and profits (or losses) of a company over a specific period of time. It provides a summary of the company's financial performance.2.3. Statement of Cash FlowsThe statement of cash flows shows the sources and uses of cash in a company's operating, investing, and financing activities. It provides insights into the cash flow dynamics of a business.2.4. Statement of Retained EarningsThe statement of retained earnings shows the changes in a company's retained earnings over a specific period, including net income, dividends, and other adjustments. It reconciles the beginning and ending balances of retained earnings.3. Key Principles in Accounting3.1. Historical Cost PrincipleThe historical cost principle requires assets to be recorded at their original cost, rather than their current market value. This principle ensures reliability and objectivity in financial reporting.3.2. Revenue Recognition PrincipleThe revenue recognition principle states that revenues should be recognized when earned, regardless of when cash is received. This principle ensures that revenues are matched with the expenses incurred to generate them.3.3. Matching PrincipleThe matching principle requires expenses to be recognized in the same period as the revenues they help generate. This principle ensures that the income statement accurately reflects the profitability of a company.3.4. Full Disclosure PrincipleThe full disclosure principle requires companies to disclose all relevant information in their financial statements and footnotes, providing a complete and transparent view of their financial position and performance.3.5. Consistency PrincipleThe consistency principle requires companies to use the same accounting methods and techniques from one period to the next, providing consistent and comparable financial information.In conclusion, accounting is a vital function in any business organization. It provides crucial information that helps in decision-making, planning, and control. By understanding the basic concepts, financial statements, and key principles in accounting, stakeholders can make informed judgments about the financial health and performance of a company.。

会计英语unit10 Revenue, Expense Profit

会计英语unit10 Revenue, Expense  Profit
Operating expenses generally, consists of transportation, insurance, rent, advertising, sales services, salaries paid to employees, etc. Operating Expenses account should be setup. The debit side records occurred or paid operating expense. It is a temporary account which should be cleared at the end of each accounting period.
17
(3)Immediate Recognition
Some other costs cannot be related to any production of revenue, neither do they benefit future periods. For these types of costs, immediate recognition is employed.
4
Sale of goods
Revenue from the sale of goods shall be recognized when all the following conditions have been satisfied: (a) the entity has transferred to the buyer the significant risks and rewards of ownership of the goods; (b) the entity retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; (c) the amount of revenue can be measured reliably; (d) it is probable that the economic benefits associated with the transaction will flow to the entity; and (e) the costs incurred or to be incurred in respect of the transaction can be measured reliably.

会计英语课件 Unit 10 Financial Statement

会计英语课件 Unit 10   Financial Statement

Example 10.1
ABC Company Balance Sheet Dec.31, 2004
Assets
Current Assets Cash $20,000 Notes receivable 3,834 Accounts receivable 2,000 Interests receivable 250 Merchandise inventory $26,084 Prepaid rent Total current assets Fixed Assets $25,000 Office equipment $3,834 Less: Accumulated depreciation 42 2,000 1,834 Land
An income statement summarizes revenue, expenses, gains and losses, ending with net income. Income statement shows whether or not the enterprise achieved or failed to achieve its primary objective--earning a net income. It reflects the results of operations for a certain period of time. Items to appear in an income statement of a merchandising company may differ from those of a service companies or a manufacturing company but the following equation form always holds true:

会计英语Chapter 10 Analysis of Financial Statement

会计英语Chapter 10  Analysis of Financial Statement
cial Ratios Many meaningful ratios can be obtained from the analysis of financial statement. The ratios which concern every aspects of business management can be divided into three kinds: solvency ratio, operating ability ratio, profitability ratio. The lists of the balance sheet and the income statement of ABC corporation to be included in the examples are given as follows:
3
10.1.3 Methods of Financial Statement Anal ysis 1)Horizontal Analysis The horizontal analysis is the study on percentage changes in financial statement items. It can tell the analyst whether the numbers in certain items are increasing or decreasing over time, reflecting the trends in many fields. The horizontal analysis must rely on the computation of items’ dollar amount changes and percentage changes from the previous to the current period.

会计学英文课件 (3)

会计学英文课件 (3)

May 18
$ 150
(150)
Balances $ 3,500
May 25
75
Balances $ 3,575
May 28 (150)
Balances $ 3,425
$ 150 (75)
$ 75
$ 75
$ 2,65T0 he$s15e,00b0 al$a1n3,0c00es $w30i0ll $ 8,000
$ 2,650 a$ 1p5,p00e0 ar$ 1o3,n000the$ 300 $ 2,650 B$a15l,0a00nce$ 13S,0h00ee$t(.115500)
$ 8,000 $ 8,000
May 29 750
750
Balances $ 4,175 $ 75 $ 2,650 $ 15,000 $ 13,000 $ 150 $ 8,000 $ 750
2-31
Investing activities include the cash effects of purchasing and selling assets.
2-32
Financing activities include the cash effects of transactions with the owners
May 18
$ 150
(150)
Balances $ 3,500 $ 150 $ 2,650 $ 15,000 $ 13,000 $ 300 $ 8,000
May 25
75
(75)
Balances $ 3,575 $ 75 $ 2,650 $ 15,000 $ 13,000 $ 300 $ 8,000
2-20

会计专业英语 (10)

会计专业英语 (10)

Less ten the statement of cash flows • 10.2.2 Investing Activities • In this section, we determine the cash inflows and outflows associated with purchase and sale of a company’s noncurrent assets. It is usually the second section in the statement. Cash flows from investing activities include inflows and outflows of cash related to the acquisition and disposition of long-term assets used in the operations of the business and investment assets (except those classified as cash equivalents). The purchase and sale of inventories are not considered investing activities. Inventories are purchased for the purpose of being sold as part of the company’s operation, so their purchase and sale are included with operating activities rather than investing Accounting English activities.
  1. 1、下载文档前请自行甄别文档内容的完整性,平台不提供额外的编辑、内容补充、找答案等附加服务。
  2. 2、"仅部分预览"的文档,不可在线预览部分如存在完整性等问题,可反馈申请退款(可完整预览的文档不适用该条件!)。
  3. 3、如文档侵犯您的权益,请联系客服反馈,我们会尽快为您处理(人工客服工作时间:9:00-18:30)。

Direct Method Cash Paid for Merchandise
How much did Lug Lite pay for inventory in 1999?
Inventory, 1/1/99 Inventory, 12/31/99 COGS, 12/31/99 $ 130,000 $ 165,000 $ 900,000 A/P, 1/1/99 A/P, 12/31/99 $ 23,000 $ 35,000
method or the indirect financing activities: method.
9
Direct Method
Let’s look at the Direct Method for preparing the Statement of Cash Flows.
YE SUN AccountingEnglish@2009 10

Acquire plant assets. Purchase debt or equity investments. Make loans.
_
Cash Flows from Investing Activities
YE SUN AccountingEnglish@2009
7
Financing Activities
Purchases = COGS
{
+ Increase in inventory - Decrease in inventory
Step 2
Cash paid for merchandise = Purchases
{
+ Decrease in A/P - Increase in A/P
16
YE SUN AccountingEnglish@2009
Inflows from:

Short-term and long-term borrowing. Owners (for example, from issuing stock).
+
Outflows to:



Repayments of borrowed funds. Owners for dividends. Purchase treasury stock.
YE SUN AccountingEnglish@2009 2
Purpose of the Statement of Cash Flows
Provides information about the cash receipts and cash payments of a business entity during the accounting period. Helps investors with questions about the company’s:
Lesson 10
Statement of Cash Flows
YE SUN AccountingEnglish@2009
1
Cash and Cash Equivalents
Cash Equivalents
Cash
Currency



Short-term, highly liquid investments. Readily convertible into cash. So near maturity that market value is unaffected by interest rate changes.
YE SUN AccountingEnglish@2009 3
Company Name Statement of Cash Flows Period Covered Cash flows from operating activities: [List of individual inflows and outflows] Net cash provided (used) by operating activities Cash flows from investing activities: [List of individual inflows and outflows] Net cash provided (used) by investing activities Cash flows from financing activities: [List of individual inflows and outflows] Net cash provided (used) by financing activities Net increase (decrease) in Cash
Direct Method Cash Received from Customers


Accrual basis revenue includes sales that did not result in cash inflows. Can be computed as: +
Decrease in receivables
_
Cash Flows from Financing Activities
8
YE SUN AccountingEnglish@2009
Company Name Statement of Cash Flows Period Covered Cash flows from operating activities: [List of individual inflows and outflows] Net cash provided (used) by operating activities
$ #####
Cash flows from investing activities: The operating cash flows [List of individual inflows and outflows] section can be prepared either the direct Net cash provided (used) byusing investing activities ##### Cash flows from YE SUN AccountingEnglish@2009 [List of individual inflows and outflows]
Classification of Cash Flows
The Statement of Cash Flows must include the following three sections: Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities
a. b. c. d.
$900,000 $923,000 $947,000 $877,000
YE SUN AccountingEnglish@2009 17
Direct Method Cash Paid for Merchandise
How much did Lug Lite pay for inventory in 1999?
Dividends Dividends = Received Revenue
{
+ Decrease in dividends receivable - Increase in dividends receivable
15
YE SUN AccountingEnglish@2009
Direct Method Cash Paid for Merchandise Step 1

Ability to generate positive cash flows. Ability to meet its obligations and to pay dividends. Need for external financing. Investing and financing transactions for the period.
YE SUN AccountingEnglish@2009
5
Operating Activities
Inflows from:

Sales to custo


Suppliers of merchandise and services. Employees. Lenders for interest. Governments for taxes.
YE SUN AccountingEnglish@2009 6
Investing Activities
Inflows from:

Selling investments or plant assets. Collecting of principal on loans.
+
Outflows to:
$ #####
#####
##### $ #####
Cash (and equivalents) balance at beginning of period ##### Cash (and equivalents) balance at end of period $ #####
YE SUN AccountingEnglish@2009 4
+
Revenue, Accrual basis $800,000
Decrease in receivables
=
Revenue, Cash basis

Increase in receivables
相关文档
最新文档