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ID:34050192
大小:111.00 KB
页数:18页
时间:2019-03-03
《企业财务管理经典实用课件管理会计教案本量利分析精选》由会员上传分享,免费在线阅读,更多相关内容在应用文档-天天文库。
1、企业财务管理经典实用课件:管理会计教案——本量利分析LearningoutcomesYoushouldbeableto:PrepareanincomestatementDiscussthenatureandpurposeoftheincomestatement3>.Explainthemainaccountingprinciplesrelatedtotheincomestatement.Discussthemainmeasurementissuesthatmustbeconsideredwhenpreparinganincomestatement.Lecture2:Measu
2、ringandreportingfinancialperformanceTheincomestatementThepurposeoftheincomestatement(orprofitandlossaccount)istomeasureandreporthowmuchprofit/lossthebusinesshasgeneratedoveraperiod.Profit(loss)fortheperiod=totalrevenuefortheperiodlesstotalexpensesincurredingeneratingtherevenue.Revenue‘Reven
3、ue’isameasureoftheinflowofeconomicbenefitsarisingfromtheordinaryactivitiesofabusiness.Thesebenefitswillresultinanincreaseincurrentassets(cashoreasilyconvertibletocash‘TradeReceivables’).TherecognitionofrevenueItisprobablethattheeconomicbenefitswillbereceived.Theamountofrevenuecanbemeasuredr
4、eliably.Basiccriteriathatmustbemetbeforerevenueisrecognised:Anadditionalcriteriontobeappliedwheretherevenuecomesfromthesaleofgoods:Ownershipandcontroloftheitemshouldpasstothebuyer.Expenses‘Expenses’representtheoutflowofeconomicbenefitsarisingfromtheordinaryactivitiesofabusinessThesebenefits
5、willresultineitheradecreaseinasset(cash)oranincreaseinliabilities‘TradePayable’.TosummariseRevenuesdonotnecessarilyrepresentcashreceipts.Also,notalltheexpensesarepaidincash.Therefore,profitisameasurementofachievement,ratherthanofcashgenerated.ThesearetheconceptsofAccrualsAccounting.Balances
6、heetandincomestatementsarepreparedonthebasisofaccrualsaccounting.Cashflowstatementsfollowcashbasisofaccounting.ThematchingconventionExpensesshouldbematchedtotherevenuetheyhelptogenerate.Forexample:anincomestatementshouldincludeallexpensesincurredingeneratingthereportedrevenue.Thismeansthatt
7、heexpensereportedmaynotbethesameasthecashexpendedonthatexpenseinanaccountingperiod.WhentheexpenseismorethanthecashpaidAfirmpays2%salescommissiontostaff.Totalsalesforyearare?300,000Commissionstobepaid=0.02x300,000=?6,000However,atyearend,only?5,000hasbeen
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