10—inventories and the statement of cash flows

... Principles of accounting Lecture 4a Statement of Cash Sources and Uses Bo Ho Company The statement of cash sources and uses is the precursor of the statement of cash flows; it looks like a “random ... of accounting Fulbright Economics Teaching Program 2005-2006 Lecture 4a Cash Flows and Income The income statement and the statement of cash flows meet the different demands for information The ... measure the results of business activities The statement of cash flows concerns with the net cash flow generated from business activities 7/17/2006 Nguyễn Tấn Bình Preparing the Statement of Cash Flows...

Ngày tải lên: 26/10/2013, 17:15

... Purpose of The Statement of Cash Flows: Basic Concepts The statement of cash flows reports the entity’s cash flows (cash receipts and cash payments) during the period Objective Identify the Purposes ... Statement of Retained Earnings Statement of Cash Flows 12/31/x2 (a point in Balance Sheet Purposes of the Statement of Cash Flows • The statement of cash flows is designed to fulfill the following: ... Purposes of the Statement of Cash Flows Purposes of the Statement of Cash Flows 12/31/x1 For the Year Ended 12/31/x2 (a point in time) (a period of time) time) Income Statement Balance Sheet Statement...

Ngày tải lên: 19/06/2014, 18:20

... Describe the purpose of the statement of cash flows 16 4-49 The Statement of Cash Flows p Provides relevant information about a company’s cash receipts and cash disbursements p Helps investors and ... accrual net income and converts to cash basis 4-53 Direct and Indirect Methods ARLINGTON LAWN CARE Statement of Cash Flows For the Year Ended December 31, 2006 ($ in thousands) Cash flows from Operating ... a statement of cash flows 4-51 Operating Activities Inflows from: l l Sales to customers Interest and dividends received + Outflows to: l l l l Purchase of inventory Salaries, wages, and other...

Ngày tải lên: 29/06/2014, 03:20

... Principles of accounting Lecture The main objective of the statement of cash flows • Shows the relationship between the Net Income and Net Cash Flow • Explains how cash is generated and used during ... necessity of the statement of cash flows Additionally provides a lot of important information that the balance sheet and the income statement fail to provide: • The income statement is made on the ... Principles of accounting Lecture Cash flow concept Conventions on cash flows: Inflows, or receipt flows Outflows, or disbursement flows Net Cash Flows = Inflows – Outflows Total net cash flows (from...

Ngày tải lên: 26/10/2013, 17:15

... Analyze the statement of cash flows Chapter 14-2 Statement of Cash Flows Statement of Cash Flows The Statement of The Statement of Cash Flows: Cash Flows: Usefulness and Usefulness and Format Format ... to the financial statements Chapter 14-9 SO Distinguish among operating, investing, and financing activities Format of the Statement of Cash Flows Format of the Statement of Cash Flows Order of ... Identify the major classifications of cash flows Preparing the Statement of Cash Flows Preparing the Statement of Cash Flows Three Major Steps: Chapter 14-13 SO Identify the major classifications of...

Ngày tải lên: 15/12/2013, 20:24

... income and net cash flow from operating activities 12-20 LO Explain the impact of the product life cycle on a company’s cash flows Preparing Preparing the the Statement Statement of of Cash Cash Flows ... Cash Cash Flows Flows Illustration 12-5 12-22 LO Prepare a statement of cash flows using the indirect method Preparing Preparing the the Statement Statement of of Cash Cash Flows Flows Illustration ... Flows Flows Illustration – Indirect Method 12-21 Illustration 12-5 LO Prepare a statement of cash flows using the indirect method Preparing Preparing the the Statement Statement of of Cash Cash Flows...

Ngày tải lên: 24/11/2016, 14:37

... income and net cash flow from operating activities 12-20 LO Explain the impact of the product life cycle on a company’s cash flows Preparing Preparing the the Statement Statement of of Cash Cash Flows ... Cash Cash Flows Flows Illustration 12-5 12-22 LO Prepare a statement of cash flows using the indirect method Preparing Preparing the the Statement Statement of of Cash Cash Flows Flows Illustration ... Flows Flows Illustration – Indirect Method 12-21 Illustration 12-5 LO Prepare a statement of cash flows using the indirect method Preparing Preparing the the Statement Statement of of Cash Cash Flows...

Ngày tải lên: 01/12/2016, 14:34

... 16 Statement of Cash Flows Key The statement of cash flows is not one of the basic financial statements FALSE Cash, as the term is used for the statement of cash flows, could indicate either cash ... preparing the statement of cash flows? A cash B cash and money market funds C cash and cash equivalents D cash and U.S treasury bonds 54 Which of the following can be found on the statement of cash flows? ... income statement 53 Which of the following concepts of cash is not appropriate to use in preparing the statement of cash flows? A cash B cash and money market funds C cash and cash equivalents D cash...

Ngày tải lên: 26/02/2018, 11:02

... will rub off on others to their, and the organization’s, benefit In short, step out of the leadership shadows and into the glow of increased leadership success Sure, there are exceptions, and some ... out the holes that offer the most challenge, and therefore the most reward, for those who play them well along with playing the easier ones well So, the slight edge goes to the combination of ... birdies, and even eagles Play these holes poorly and the odds are that the golfer will be home for the weekend Play them well and the golfer will probably stay in contention for the tournament lead The...

Ngày tải lên: 21/01/2014, 21:20

... assets of the total enterprise capital It is the profitability of equity Profitability of equity represented by the relationship between the profitability of enterprises with equity, capital of the ... Hanoi and a branch in Ho Chi Minh, with the system of organization and management comply with the ISO standards and the software development process closely, science, served the demand of indigenous ... the success or failure of the enterprise depends on the dedication and enthusiasm of the employees because they are thrust to the enterprise forward The business strategy of the next years, iThangLong...

Ngày tải lên: 22/03/2014, 11:20

... missions, the office conducts the following types of examinations: Financial audits attest to the fairness of the financial statements of agencies They examine the adequacy of the financial records and ... Office of the Auditor The missions of the Office of the Auditor are assigned by the Hawaii State Constitution (Article VII, Section 10) The primary mission is to conduct post audits of the ... audit of the Department of Public Safety, State of Hawaii (department) The audit was conducted by the Office of the Auditor and the independent certified public accounting firm of KPMG LLP The...

Ngày tải lên: 20/06/2014, 02:20

... during the first and second halves of the month, respectively There is only a five-day time lag between the end of the pay period and the pay date Therefore, a portion of salaries and wages is based ... expedite the process and reduce the amount of uncollectible payments The Department Is Not Fulfilling Its Fiduciary Responsibilities to the Inmates and the Victims and Families of the Inmates The ... seniority and once the ACO on the top of the list is called, that ACO moves to the bottom of the list whether the ACO accepts, declines, or cannot be reached The selection of individuals for...

Ngày tải lên: 20/06/2014, 02:20

... financial statements reflect the financial position, results of operations, and cash flows of the following offices, divisions, and administratively attached agencies of the department: Office of the ... the state Department of the Attorney General The department is part of the executive branch of the State The department’s combined financial statements reflect only its portion of the funds and ... intended solely for the information and use of the Auditor, State of Hawaii, and the management of the department and is not intended to be and should not be used by anyone other than these specified...

Ngày tải lên: 20/06/2014, 02:20

... either by the State Treasury or by the State’s fiscal agents in the name of the State The department also maintains cash in banks which are held separately from cash in the State Treasury As of ... 28,021 541,038 Cash consisted of the following as of June 30, 2001: Cash in State Treasury Cash in banks Cash on hand $ 15,129,406 994,561 23,950 $ 16,147,917 The state Director of Finance is ... for other appropriations Summarization of the budgets adopted by the State Legislature for the “budgetary” general and special revenue funds is presented in the combined statement of revenues and...

Ngày tải lên: 20/06/2014, 02:20

... accompanying notes to combined financial statements Total liabilities and fund equity and other credit Total fund equity and other credit Fund equity and other credit: Investment in general fixed ... usage with that of other state agencies and national averages We understand the department’s concerns with the comparison; however, an average of 27 sick leave days taken during the fiscal year ... finding that the continued unusual sick leave patterns and the high levels of sick leave usage raise doubts about the effectiveness of the department’s sick leave abuse program The department...

Ngày tải lên: 20/06/2014, 02:20

... Thank you for the opportunity to respond to the draft of the Financial Audit of the Department of Public Safety The issues addressed in your report such as overtime, overpayments, and the inmate ... filled, and whether overtime will be incurred to fill the post is the responsibility of those directly in charge of post assignments for each watch -the watch commander Control of overtime, therefore, ... untrue Two of the three ACOs had outstanding leave records The other did use 20 days during the year However, ten of the twenty days were taken because of an extended illness You then make a...

Ngày tải lên: 20/06/2014, 02:20

... The Office of the Auditor The missions of the Office of the Auditor are assigned by the Hawaii State Constitution (Article VII, Section 10) The primary mission is to conduct post audits of the ... missions, the office conducts the following types of examinations: Financial audits attest to the fairness of the financial statements of agencies They examine the adequacy of the financial records and ... they are referred to the Office of the Auditor for an assessment of the social and financial impact of the proposed measure Analyses of proposed special funds and existing trust and revolving funds...

Ngày tải lên: 20/06/2014, 02:20

... maintains offices on each of the major neighbor islands and around the world In the United States, the bureau maintains offices in Salinas, California; San Diego, California; Chicago, Illinois; and ... are the estimated value of the services, contributions, and support that HVCB receives and not represent actual cash funding Therefore, private sources account for only about percent of all cash ... for a travel magazine, other companies may opt to add their advertisements to the insert The insert, which may have grown to four pages, will then strengthen the message of Hawai`i as a travel...

Ngày tải lên: 20/06/2014, 02:20

... if they exceeded their production goals Several HVCB employees received individual annual bonuses in excess of $25,000 The authority did not assess the appropriateness of the salary levels or the ... revealed that the actual mileage of the trip is only 6.6 miles HVCB’s corporate office approved the mileage reimbursement The same employee claimed 21 miles for a roundtrip from the Chicago office to ... examples of excessive reimbursement approved by HVCB’s corporate office While these overages not represent a significant amount of money, it is indicative of the HVCB’s lack of internal controls and...

Ngày tải lên: 20/06/2014, 02:20