某公司财务会计及财务管理知识分析(英文版)(PPT 49页)
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英文版财务会计PPT1
• IMA – Institute of Management Accountants
PPT文档演模板
英文版财务会计PPT1
Ethics
• Audit
– Examination of company’s financial situation – Performed by independent accountants
• Amounts earned by delivering goods or services to customers
– Sales revenue – Service revenue – Interest revenue – Dividend revenue
PPT文档演模板
英文版财务会计PPT1
• Accounting information is based on the most reliable data available
– Verifiable – Free from bias – Individuals would arrive at similar conclusions
using same data
• Assumes that the entity will remain in operation for the foreseeable future
PPT文档演模板
英文版财务会计PPT1
Stable-Monetary-Unit Concept
• Assumes that the dollar’s purchasing power is stable
– Salary expense – Rent expense – Utilities expense – Interest expense
PPT文档演模板
英文版财务会计PPT1
Ethics
• Audit
– Examination of company’s financial situation – Performed by independent accountants
• Amounts earned by delivering goods or services to customers
– Sales revenue – Service revenue – Interest revenue – Dividend revenue
PPT文档演模板
英文版财务会计PPT1
• Accounting information is based on the most reliable data available
– Verifiable – Free from bias – Individuals would arrive at similar conclusions
using same data
• Assumes that the entity will remain in operation for the foreseeable future
PPT文档演模板
英文版财务会计PPT1
Stable-Monetary-Unit Concept
• Assumes that the dollar’s purchasing power is stable
– Salary expense – Rent expense – Utilities expense – Interest expense
财务管理 英文版ppt
– Unlimited liability to the owner – Profits and losses are taxed as though they belong to the individual owner
1-14
Partnership
• Similar to sole proprietorship except there are two or more owners
– B2C model:
• Products are bought with credit cards • Credit card checks are performed • Selling firms get the cash flow faster
– B2B model can help companies
• At the turn of the century: Emerged as a field separate from economics • By 1930s: Financial practices revolved around such topics as:
– Preservation of capital – Maintenance of liquidity – Reorganization of financially troubled corporations – Bankruptcy process
• Lower the cost of managing inventory, accounts receivable, and cash
1-9
Financial Management
Financial management or business finance is concerned with managing an entity’s money Functions:
1-14
Partnership
• Similar to sole proprietorship except there are two or more owners
– B2C model:
• Products are bought with credit cards • Credit card checks are performed • Selling firms get the cash flow faster
– B2B model can help companies
• At the turn of the century: Emerged as a field separate from economics • By 1930s: Financial practices revolved around such topics as:
– Preservation of capital – Maintenance of liquidity – Reorganization of financially troubled corporations – Bankruptcy process
• Lower the cost of managing inventory, accounts receivable, and cash
1-9
Financial Management
Financial management or business finance is concerned with managing an entity’s money Functions:
财务管理学及财务知识分析(英文版)(PPT 31页)
= 7.0% + (6.0%)1.2 = 14.2%.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 17
What’s the DCF cost of common equity, ks? Given: D0 = $4.19; P0 = $50; g = 5%.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 14
Opportunity cost: The return stockholders could earn on alternative investments of equal risk.
Use this formula: kpD P p p$1 $1 1 .1 0 1 00.09 9 0 .0%.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 8
Picture of Preferred Stock
0
kp = ?
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 16
What’s the cost of common equity based on the CAPM?
kRF = 7%, RPM = 6%, b = 1.2.
ks = kRF + (kM – kRF )b.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 17
What’s the DCF cost of common equity, ks? Given: D0 = $4.19; P0 = $50; g = 5%.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 14
Opportunity cost: The return stockholders could earn on alternative investments of equal risk.
Use this formula: kpD P p p$1 $1 1 .1 0 1 00.09 9 0 .0%.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 8
Picture of Preferred Stock
0
kp = ?
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
10 - 16
What’s the cost of common equity based on the CAPM?
kRF = 7%, RPM = 6%, b = 1.2.
ks = kRF + (kM – kRF )b.
Copyright © 2001 by Harcourt, Inc.
All rights reserved.
财务分析报告英文版ppt课件
可编辑课件PPT
2
CHINT ELECTRICS Is China's largest production of
low voltage electric appliance manufacturing enterprise, the specialty is engaged in distribution appliances, control electric appliances, terminal apparatus, and power electronic and electric power supply low-voltage products development, production and sales. Chint is recognized for a famous Chinese trademark, chint brand universal type circuit breaker, plastic shell type breaker series product has been awarded "China famous brand product" title. The company in 2004 won the Chinese quality management of the highest award, the national quality management award
17.83% 0.48% 0.09% 18.41% 43.10%
12.03% 28.24% 2.98% 11.83% 55.06% 1.84% 56.90% 100.00%
Balance Sheet Vertical Common-size Analysis
企业财务会计分析(ppt 24页)(英文版)
企业财务会计分析 (ppt 24页)（英文版）
Efficient Capital Markets
• Switches gears
• Past lectures decided how to spend money (invest)
• Today’s lecture deal with raising money (financing decisions)
180
130
80 Month
Level
Random Walk Theory
S&P 500 Five Year Trend? or
5 yrs of the Coin Toss Game?
230
180
130
80 nt Market Theory
Fundamental Analysts
Rights Issue - example
• YRU Corp currently has 9 million shares outstanding. The market price is $15/sh. YRU decides to raise additional funds via a 1 for 3 rights offer at $12 per share. If we assume 100% subscription, what is the value of each right?
Prospectus - Formal summary that provides information on an issue of securities.
Underpricing - Issuing securities at an offering price set below the true value of the security.
Efficient Capital Markets
• Switches gears
• Past lectures decided how to spend money (invest)
• Today’s lecture deal with raising money (financing decisions)
180
130
80 Month
Level
Random Walk Theory
S&P 500 Five Year Trend? or
5 yrs of the Coin Toss Game?
230
180
130
80 nt Market Theory
Fundamental Analysts
Rights Issue - example
• YRU Corp currently has 9 million shares outstanding. The market price is $15/sh. YRU decides to raise additional funds via a 1 for 3 rights offer at $12 per share. If we assume 100% subscription, what is the value of each right?
Prospectus - Formal summary that provides information on an issue of securities.
Underpricing - Issuing securities at an offering price set below the true value of the security.
英文版财务会计51页PPT
Copyright © 2007 Prentice-Hall. All rights reserved
14
Going Concern Concept
• Assumes that the entity will remain in operation for the foreseeable future
Copyright © 2007 Prentice-Hall. All rights reserved
28
Exercise 1-17
5
Ethics
• Audit
– Examination of company’s financial situation – Performed by independent accountants
• Sarbanes-Oxley Act
– Criminal offense to falsify financial statements
• AICPA – Code of Professional Conduct for Accountants
• IMA – Standards of Ethical Conduct
Copyright © 2007 Prentice-Hall. All rights reserved
7
Types of Business Organizations
Copyright © 2007 Prentice-Hall. All rights reserved
2
Decision Makers
• Individuals • Businesses • Investors • Creditors • Taxing Authorities
某公司财务资料新会计及财务管理知识分析(英文版)(PPT 49页)
➢ meet GAAP standards for relevance and reliability
Copyright © 2010 Pearson Education Canada
1-7
Management Accounting
Financial and operating data about an organization’s activities, processes, operating units products services and customers
Government regulatory agencies
Tax Authorities
Investors and creditors
Non-profit organizations
Copyright © 2010 Pearson Education Canada
1-6
Financial Accounting
1-2
Accounting Language
Accounting is an information system that:
•Measures business activities •Process data into reports (financial statements)
•Communicates results to decision makers
Copyright © 2010 Pearson Education Canada
1-3
Accounting Language
Financial Statements:
Financial information about a business entity that is prepared
Copyright © 2010 Pearson Education Canada
1-7
Management Accounting
Financial and operating data about an organization’s activities, processes, operating units products services and customers
Government regulatory agencies
Tax Authorities
Investors and creditors
Non-profit organizations
Copyright © 2010 Pearson Education Canada
1-6
Financial Accounting
1-2
Accounting Language
Accounting is an information system that:
•Measures business activities •Process data into reports (financial statements)
•Communicates results to decision makers
Copyright © 2010 Pearson Education Canada
1-3
Accounting Language
Financial Statements:
Financial information about a business entity that is prepared
财务会计管理案例分析(ppt 70页)(英文版)
operations
Irwin/McGraw-Hill
© The McGraw-Hill Companies, Inc., 2000
Standard Cost Variances
Standard Cost Variances
Price Variance
The difference between the actual price and the
Irwin/McGraw-Hill
© The McGraw-Hill Companies, Inc., 2000
A General Model for Variance Analysis
Actual Quantity ×
Actual Price
Actual Quantity ×
Standard Price
Actual Quantity ×
Actual Price
Actual Quantity ×
Standard Price
Standard Quantity ×
Standard Price
Price Variance
Quantity Variance
Standard quantity is the quantity allowed for the actual good output.
财务会计管理案例分析(ppt 70页)（英文版 ）
Standard Costs
Standard Costs are
Irwin/McGraw-Hill
Based on carefully predetermined amounts.
Used for planning labor, material and overhead requirements. The expected level of performance.
Irwin/McGraw-Hill
© The McGraw-Hill Companies, Inc., 2000
Standard Cost Variances
Standard Cost Variances
Price Variance
The difference between the actual price and the
Irwin/McGraw-Hill
© The McGraw-Hill Companies, Inc., 2000
A General Model for Variance Analysis
Actual Quantity ×
Actual Price
Actual Quantity ×
Standard Price
Actual Quantity ×
Actual Price
Actual Quantity ×
Standard Price
Standard Quantity ×
Standard Price
Price Variance
Quantity Variance
Standard quantity is the quantity allowed for the actual good output.
财务会计管理案例分析(ppt 70页)（英文版 ）
Standard Costs
Standard Costs are
Irwin/McGraw-Hill
Based on carefully predetermined amounts.
Used for planning labor, material and overhead requirements. The expected level of performance.
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in a systematic report format that can be used by decision makers to make decisions
Income Statement
Balance Sheet
Statement of Cash Flow
Copyright © 2010 Pearson Education Canada
➢ meet GAAP standards for relevance and reliability
Copyright © 2010 Pearson Education Canada
1-8
Management Accounting
Financial and operating data about an organization’s activities, processes, operating units products services and customers
1-5
The Flow of Accounting Information
1. People make decisions.
2. Business transactions occur.
3. Businesses report their results.
Copyright © 2010 Pearson Education Canada
•Communicates results to decision makers
Copyright © 2010 Pearson Education Canada
1-4
Accounting Language
Financial Statements:
Financial information about a business entity that is prepared
1-6
Users of Financial Statements
Individuals
Government regulatory agencies
Tax Authorities
Investors and creditors
Non-profit organizations
Copyright © 2010 Pearson Education Canada
Users - internal decision makers
Information - can generated using assumptions - Future oriented - not governed by GAAP
Copyright © 2010 Pearson Education Canada
Copyright © 2010 Pearson Education Canada
1 - 11
Ethics in Accounting and Business
Standards of professional conduct for accountants Self-regulating bodies of accountants
1 - 13
1-7
Financial Accounting
Summarize business transactions of business entity for a specified period
Users ➢ External decision makers
Information must: ➢ Be presented in systematic reports
Copyright © 2010 Pearson Education Canada
1-3
Accounting Language
Accounting is an information system that:
•Measures business activities •Process data into reports (financial statements)CICAFra bibliotekCGAAC
SMAC
Copyright © 2010 Pearson Education Canada
1 - 12
How to Organize a Business
Proprietorships
Partnerships
Corporations
Copyright © 2010 Pearson Education Canada
Can influence a decision
Copyright © 2010 Pearson Education Canada
1 - 10
Ethics in Accounting
Integrity is built in financial accounting as follows: Generally accepted accounting principles (GAAP)
1-9
Ethics in Accounting
Information must be: 1. Relevant
Information has predictive or feedback value
2. Reliable
Information is verifiable
Timely
Information must be objective
Copyright © 2010 Pearson Education Canada
The Financial Statements Chapter 1
Copyright © 2010 Pearson Education Canada
1-2
Learning Objective 1 Use accounting vocabulary.
Internal Control Structure
Audits of financial statements
Accounting Standards Board of the Canadian Institute of Chartered Accountants
Securities commissions
Income Statement
Balance Sheet
Statement of Cash Flow
Copyright © 2010 Pearson Education Canada
➢ meet GAAP standards for relevance and reliability
Copyright © 2010 Pearson Education Canada
1-8
Management Accounting
Financial and operating data about an organization’s activities, processes, operating units products services and customers
1-5
The Flow of Accounting Information
1. People make decisions.
2. Business transactions occur.
3. Businesses report their results.
Copyright © 2010 Pearson Education Canada
•Communicates results to decision makers
Copyright © 2010 Pearson Education Canada
1-4
Accounting Language
Financial Statements:
Financial information about a business entity that is prepared
1-6
Users of Financial Statements
Individuals
Government regulatory agencies
Tax Authorities
Investors and creditors
Non-profit organizations
Copyright © 2010 Pearson Education Canada
Users - internal decision makers
Information - can generated using assumptions - Future oriented - not governed by GAAP
Copyright © 2010 Pearson Education Canada
Copyright © 2010 Pearson Education Canada
1 - 11
Ethics in Accounting and Business
Standards of professional conduct for accountants Self-regulating bodies of accountants
1 - 13
1-7
Financial Accounting
Summarize business transactions of business entity for a specified period
Users ➢ External decision makers
Information must: ➢ Be presented in systematic reports
Copyright © 2010 Pearson Education Canada
1-3
Accounting Language
Accounting is an information system that:
•Measures business activities •Process data into reports (financial statements)CICAFra bibliotekCGAAC
SMAC
Copyright © 2010 Pearson Education Canada
1 - 12
How to Organize a Business
Proprietorships
Partnerships
Corporations
Copyright © 2010 Pearson Education Canada
Can influence a decision
Copyright © 2010 Pearson Education Canada
1 - 10
Ethics in Accounting
Integrity is built in financial accounting as follows: Generally accepted accounting principles (GAAP)
1-9
Ethics in Accounting
Information must be: 1. Relevant
Information has predictive or feedback value
2. Reliable
Information is verifiable
Timely
Information must be objective
Copyright © 2010 Pearson Education Canada
The Financial Statements Chapter 1
Copyright © 2010 Pearson Education Canada
1-2
Learning Objective 1 Use accounting vocabulary.
Internal Control Structure
Audits of financial statements
Accounting Standards Board of the Canadian Institute of Chartered Accountants
Securities commissions