chapter 3 accounting and finance 会计和财务ppt课件.ppt

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1、FundamentalsofCorporateFinanceSixthEditionRichardA.BrealeyStewartC.MyersAlanJ.MarcusSlidesbyMatthewWillChapter3McGrawHill/IrwinCopyright©2009byTheMcGraw-HillCompanies,Inc.AllrightsreservedAccountingandFinanceIntroductiontoFinance–ACF108Session02:Accounting&FinanceTopicsCover

2、edTheBalanceSheetTheIncomeStatementTheStatementofCashFlowsAccountingPractice&MalpracticeTaxesAccountingandFinanceUnderstandingfinancialaccountingisessentialtounderstandingcorporatefinance.KeyComponentsoftheFinancials:TheBalanceSheetTheIncomeStatementTheStatementofCashFlows4F

3、inanceDepartmentAccountingdepartmentRelationships:Accounting&FinanceAccountingispartoffinancedepartment–ensuresthatcapitalareusedefficiently-responsiblefor:Financialaccounting,Managementaccounting,Taxation&ITAccountingistheprocessofcommunicatingfinancialinformationaboutabusi

4、nessentityHowisitachieved?1.FinancialAccounting-financialstatements2.ManagementAccounting–managementreportsFinancialStatementisaformalrecordorreportofthefinancialactivitiesofabusiness,person,orotherentityRequiredbylawFinancialStatementAlltherelevantfinancialinformation,prese

5、ntedinastructuredmannerandinaformeasytounderstand,arecalledthefinancialstatementsTheBalanceSheetDefinitionFinancialstatementthatshowthevalueofthefirm’sassetsandliabilitiesataparticularpointintime(fromanaccountingperspective).TheBalanceSheetTheBalanceSheetisafinancialstatemen

6、tthatshowsthefirm’sassetsandliabilitiesataparticulartime.Whyisituseful?Shareholders’Equity=TotalAssets–TotalLiabilities13TheBalanceSheetCurrentAssetsCash&SecuritiesReceivablesInventoriesFixedAssetsTangibleAssetsIntangibleAssets+___________________TotalAssetsCurrentLiabilitie

7、sPayablesShort-termDebt+Long-termLiabilities+Shareholders’Equity____________________TotalLiabilities&Shareholders’Equity=14AssetsAssetsrepresenttheusesofafirm’sfundsi.e.Assetsshowwhatthefirm“owns”LiquidAssetscanbeconvertedeasilyintocashCurrentvs.FixedAssets15CurrentAssets:Ex

8、amplesWhichofthefollowingassetsistypicallyconsideredmostliquid?Leastliquid?