| | | | | | | | | | | | | | | |Learner name | | | | | | | | | | | | | | | | | | |Course title |Financial Systems and Auditing | | | | | | | | | | | | | | | |Assessor name |XIAOLIN WANG | | | | | | | | | | | | | | | | | |IV name |Hu Dalong | | | | | | | | | | | | | | | | | |Unit number and title |Unit11: Financial Systems and Auditing | | | | | | | | | | | | | | | |Assignment title |Financial Systems and Auditing Assignment 1 | | | | | | | | | | | | | | | |Outcome number(s) |11. 1 & 11.2
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FINANCIAL STATEMENTS Accrual-based approach – revenues are recorded at the point of sale and costs when they are incurred‚ not necessarily when a firm receives or pays out cash Cash flow approach – used by financial professionals to focus attention on current and prospective inflows and outflows of cash 1. Balance sheet a. Assets Cash and Cash Equivalents Marketable securities Accounts receivable Inventories Net property‚ plant and equipment Intangible assets b. Liabilities Accounts
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gbhzsdfhbsdhgsdfh dgsdfg Financial Intermediation 1. Forms of financial intermediation 2. Causes of financial intermediation 3. Households as a source of capital for financial intermediaries 4. Firms as a source of capital for financial intermediaries 5. State as a source of capital for financial intermediaries 6. Abroad as a source of capital for financial intermediaries 7. Banks as financial intermediaries 8. Forms of non-bank financial intermediaries activities in financial intermediation market
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INTRODUCTION FINANCIAL SYSTEM: The financial system or the financial sector of any country consists of specialised and non-specialised financial institutions‚ organised and unorganised financial markets‚ financial instruments and services which facilitate the transfer of funds. The economic development of any country depends upon the existence of a well-organised financial system. Meaning of Indian Financial System: The word “System” in the term “Financial System” implies a set of complex
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not changed the work that accountants do. C. Has closely linked accounting with consulting‚ planning‚ and other financial services. D. In accounting has replaced the need for decision makers. E. In accounting is only available to large corporations. 3. The primary objective of financial accounting is: A. To serve the decision-making needs of internal users. B. To provide financial statements to help external users analyze an organization ’s activities. C. To monitor and control company activities
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are on the right side. This is the same as expenses on the left‚ and revenues on the right. We also learned that a normal balance does not have to be on the left. It can be on either side. The third PhxKlips viewed was “Financial Statements.” There are four financial statements to work with; Balance Sheets‚ Income Statements‚ Retained Earnings Statements‚ and Statement of Cash Flows. Balance sheets let you have a quick review of what assets‚ liabilities‚ and equity were distributed within the
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FINANCIAL RATIOS Financial ratios are indicators of a company’s performance as discernable from the company’s Balance Sheet and income Statement. We will discuss some of the simple ratios of a company and talk about their significance. Liquidity Ratios: Show the company’s ability to pay of its current liabilities from its current assets. 1. Current Ratio Current assets should be significantly higher than current liabilities so that the current ratio is higher than 2:1. 2. Quick Ratio
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FINANCIAL MANAGEMENT INTRODUCTION Business firms exist because they satisfy a human need by providing a product or service. No business firm can be established without sufficient financing. The owner(s) therefore put personal loans they have entered into‚ and/or their hard-earned savings‚ at stake to partially finance the firm. The owner’s or owners’ contribution is referred to as owners’ equity. Normally‚ owners’ equity is not sufficient Borrowed funds (loans) have to be repaid through
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Selected Financial Data for Toyota Motors Corp.‚ Inc. 2010-2014 (in 000s‚ YEN‚ expect per share amounts)(Automotive Segment) Income Statement Data (in 000s) (YEN) - Automotive Segment 2010 17‚197 Net Revenues Revenue Growth Yr-Yr Cost of Goods sold 15‚971 COGS GrowthYr-Yr Gross Profit 1‚226 Gross Profit GrowthYr-Yr Selling‚ general and admin expenses 2‚120 Gross Profit GrowthYr-Yr Income From operations (Loss) 87 Income from Operations GrowthYr-Yr Interest Expense net Other expenses net
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11/16/2009 MRK526MT CASE ANALYSIS-NATUREVIEW FARM SUBMITTED TO DONNA GEARY | BY MAHMOUD ISSA TABLE OF CONTENT EXECUTIVE SUMMERY THE PROBLEM CHANNEL ANALYSES SITUATION ANALYSES FINANCIAL ANALYSES ORGANIZATIONAL OBJECTIVES ALTERNATIVES/ OPTIONS RECOMMENDATION IMPLEMENTATION PLAN BIBLIOGRAPGHY PAGE 3 4‚5 6‚7 7‚8 9 9 10-16 17 18 19 2 Executive Summery The Problem Natureviews main problem is that they have to make strategic marketing decisions to grow revenues to $20‚000‚000 from
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