THE BALANCE SHEET POCKET BOOK phần 2 potx

... over the piece of paper; Bill hands over the £1 ,20 0. Alex has made a gain of 20 0. The company has no involvement in the transaction and its finances are therefore unaffected. Similarly, if the ... lose out but there will be no effect on the company accounts. 12 2 THE BUSINESS FINANCIAL MODEL SOURCE OF FUNDS IMPLICATIONS OF SHARE CAPITAL ● The shareholders own the busi...

Ngày tải lên: 07/08/2014, 19:22

... EXPLAINED Page Current Amounts due to other parties (eg: suppliers, banks) within 22 Liabilities: the short-term (usually 12 months) Creditors: The amount of money the company owes its suppliers 22 (also referred ... Payables) Debtors: The sum owed to the business by its customers 22 (also referred to as Receivables) Depreciation: A method of charging out the cost of Fixed...

Ngày tải lên: 07/08/2014, 19:22

... some of the more common misconceptions we, the authors, encounter in our training sessions. See if any of them seem familiar ◆ The Balance Sheet tells me the value of the business’ ◆ ‘At the year-end ... better’ ◆ The accountant balances the Balance Sheet by entering a balancing figure somewhere probably profit’ These misconceptions will be dealt with at appropriate p...

Ngày tải lên: 07/08/2014, 19:22

... the outcome that PROFIT CASH These ideas are developed in The Managing Cashflow Pocketbook 25 2 ≠ THE BUSINESS FINANCIAL MODEL USE OF FUNDS Items on the shopping list are grouped to reflect the ... ‘Payables’ - part of Current Liabilities (ie: short-term owings) 22 2 THE BUSINESS FINANCIAL MODEL SUMMARY The model so far: 26 2 SOURCE OF FUNDS USE OF FUNDS SHARE CAPITAL L...

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... process continues 32 2 THE BUSINESS FINANCIAL MODEL COMMON MISCONCEPTIONS ‘At the year-end the Retained Profit must be somewhere; in the bank, or the accountant’s drawer.’ Yes. The Retained Profit ... re-cycling is, therefore, happening continuously, ie: there is no tank at the bottom of the model, simply a meter and a pump. Every year the meter is set to zero and the pr...

Ngày tải lên: 07/08/2014, 19:22

... SERVICES BALANCE SHEET Financial picture at a point in time THE BALANCE SHEET FORMAT The Balance Sheet format swops the two halves of the model over: ● Use of Funds appears at the top of the statement ● ... VARIANCES COMPARE ACTION ? ? THE BALANCE SHEET INTRODUCTION The Balance Sheet is: ● A financial statement of the business investment as at a specific...

Ngày tải lên: 07/08/2014, 19:22

... thing! The camera may not lie but just what does that business look like for the other 364 days of the year? Chaotic? - perhaps! 63 THE BALANCE SHEET ARC plc THE BALANCE SHEET 59 £ THE BALANCE SHEET VALUATION ... Cash Remember: the Balance Sheet must balance because the two halves are explaining: Source of Funds - where the money came from Use of Funds - w...

Ngày tải lên: 07/08/2014, 19:22

... show the comparative figures for the preceding year 68 THE BALANCE SHEET COMMON MISCONCEPTIONS The Balance Sheet tells me the value of the business.’ No. Remember the shareholders own the business ... the Balance Sheet as Debtors/Receivables.) 74 THE BALANCE SHEET PUBLISHED FORMAT The Balance Sheet published format A Report to the Owners of the Bu...

Ngày tải lên: 07/08/2014, 19:22

... 400 Operating Profit 20 0 Note: 1 Gross Profit is the difference between the selling price and the cost of manufacturing the goods sold in the period. 2 Operating Profit is the lowest level in the Profit ... be paid whether the company has had a good year or not, so the greater the loan capital within the business, the greater the financial risk. ● Tax: Whilst bu...

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... Asset Values Don’t let the accountant take sole responsibility! 106 NB Please send me: The Balance Sheet Pocketbook The Pocketbook The Pocketbook The Pocketbook The Pocketbook Your details Name Position ... pocketbks@aol.com Web: www.pocketbook.co.uk Customers in USA should contact: Stylus Publishing, LLC, 22 883 Quicksilver Drive, Sterling, VA 20 166 -20 12 Telephone: 703...

Ngày tải lên: 07/08/2014, 19:22