毕业外文翻译财务报表分析与运用

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1、Word格式TheanalysisanduseoffinancialstatementChapter1FRAMEWORKFORFINANCIALSTATEMENTANALYSISNEEDFORFINANCIALSTATEMENTANALYSISTheUnitedSateshasthemostcomplexfinancialreportingsystemintheword..Detailedac-countingprinciplesareaugmentedbyextensivedisclosurerequirements.Thefinancials

2、tate-mentsoflargemultinationalsadduptodozensofpages,andmanyofthesefirmsvoluntarilypublishadditional“factbooks”fordisseminationtofinancialanalysisandotherinterestedusers.Financialreportinginothermajordevelopedcountriesandmanyemergingmarketshasalsoevolvedsubstantiallyinrecentye

3、ars.withanincreasingemphasisonprovidinginformationusefultobothdomesticandforeigncreditorsandequityinvestors.InternationalAccountingStandardshavebecomeacrediblerivaltoU.S.standards.Inanidealword,theuseroffinancialstatementscouldfocusonlyonthebottomlinesfinancialreporting:netin

4、comeandstockholders’equity.Iffinancialstatementswerecomparableamongcompanies(regardlessofcountry),consistentovertime,andalwaysfullyreflectingtheeconomicpositionoffirm,financialstatementanalysiswouldbesimple,andthistextaveryshortone.Thefinancialreportingsystemisnotperfect.Econ

5、omiceventsandaccountingentriesdonotcorrespondprecisely;theydivergeacrossthedimensionsoftiming,recognition,andmeasurement.Financialanalysisandinvestmentdecisionsarefurthercomplicatedbyvariationsinaccountingtreatmentamongcountriesineachofthesedimensions.Economiceventsandaccount

6、ingrecognitionofthoseeventsfrequentlytakeplaceatdifferenttimes.Oneexampleofphenomenonistherecognitionofcapitalgainsandlossesonlyuponsaleinmostcases.Appreciationofarealestateinvestment,whichtookplaceoveraperiodofmanyyears,forexample,receivesincomestatementrecognitiononlyinthep

7、eriodmanagementchoosesforitsdisposal.Similarly,long-livedassetsarewrittendown.Mostoftime.Inthefiscalperiodofmanagement’schoice.Theperiodofrecognitionmaybeneithertheperiodinwhichtheimpairmenttookplacenortheperiodofsaleordisposal.Accountingfordiscontinuedoperations.Inthesameman

8、ner.Resultsin完美整理Word格式recognitionoflossinaperioddifferentfromwhenth