Off Balance Sheet Financing Practices [Student Name] [Course Title] [Instructor Name] [Date] Off Balance Sheet Financing Practices The traditional accounting methods have been replaced by a number of new accounting techniques. Some of which are observable while other remain hidden. Off Balance Sheet Financing or OBSF is one of these new accounting techniques. It is a mode of obtaining finance for a business without disclosing significant capital expenditures on the balance sheet of a company
Premium Generally Accepted Accounting Principles Finance Balance sheet
average accounts receivable. B) Dividing net sales by average accounts receivable and multiplying by 365. C) Dividing average accounts receivable by net sales. D) Dividing average accounts receivable by net sales and multiplying by 365. E) Dividing net income by average accounts receivable. 7. Electron borrowed $75‚000 cash from TechCom by signing a promissory note. TechCom’s entry to record the transaction should include a: A) Debit to
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
hypothesis and its implications on the information perspective of accounting. As information perspective was later replaced by the measurement perspective‚ we will discuss recent accounting measurement issues‚ including fair value accounting and off-balance sheet liabilities. Positive accounting theory‚ earnings management‚ executive compensation and economic consequences of standard setting will be covered in the last part. Financial Accounting Theory is a rigorous subject requiring not only accounting
Premium Balance sheet Financial statements Income statement
CHAPTER 4 Income Statement and Related Information ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics 1. Income measurement concepts. Questions 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 18‚ 28‚ 31‚ 32‚ 33 1 1‚ 2‚ 7 Brief Exercises Exercises Problems Concepts for Analysis 3‚ 4‚ 5‚ 6‚ 8 2. Computation of net income from balance sheets and selected accounts. Single-step income statements; earnings per share. Multiple-step income statements. Extraordinary items; accounting changes; discontinued operations;
Premium Revenue Income statement
Analysis of Balance Sheet As the Indian economy bounced back and grew by 7.2% in 2009-10‚ the automotive industry in India recorded steady growth in the first two quarters and recorded significant growth in the last two quarters of 2009-10. The commercial vehicle industry grew by 40.1% compared to the decline of 17.4% in 2008-09. The passenger vehicle industry‚ which had showed a decline of 0.5% in the previous year‚ grew by 24.8% in 2009-10. With single digit inflation‚ the monetary policies of
Premium Balance sheet Asset Inventory
Throughout the years‚ we have learned that markets are most efficient when the company is able to maximize at the current share price. Every company’s main goal should be to strive to maximize its value to every single one of their shareholders. Common stock represents the value of the market price‚ and it also gives the shareholder an idea of the different investment‚ financing‚ and dividend decisions made by that particular firm. When it comes to the Sunbeam case‚ I think that in the beginning
Premium Balance sheet Stock Stock market
Quiz 1: 50 points – Due November 8‚ 2008 at Midnight Each question is worth 3.33 points 1. Financial statement ratios support informed judgments and decision making most effectively: a. when viewed for a single year. b. When viewed as a trend of entity data. c. When compared to an industry average for the most recent year. d. When the trend of entity data is compared to the trend of industry data. 2. When comparing entity financial ratios with industry ratios: a. it should be assumed
Premium Balance sheet Investment Generally Accepted Accounting Principles
available from year 2008 • Receipts from customers • Proceed from Interest and bill discounts received • Proceed from sales of plant and equipment • Proceed from issue of equity securities In the beginning of 2009 financial year‚ the company has a balance of $123‚055‚000‚ where the total increase in assets for the year 2009 from year 2008 was only $125‚816‚000. Hence company has not borrowed
Premium Generally Accepted Accounting Principles Balance sheet
As at 31 December 2014‚ VietinBank total assets reached VND 661‚132 billion‚ increased by 14.7% from 2013‚ equivalent to 103% of target set at the General Meeting of Shareholders. Fund Mobilization: Thanks to numerous fund mobilization and structuring solutions‚ VietinBank continued to maintain stable capital growth in the past several years. Total funding as at 31 December 2014 was VND 595 trillion‚ an increase of 16.3% compared to that of 2013 and reached 104% of the target set at the General
Premium Investment Bond Bank
the payment services through various kinds of deposits‚ debit cards and credit cards ANALYSIS OF COMMERCIAL BANK BALANCE SHEET For my assignment I have picked up Lloyds TSB as my bank. Lloyds TSB is one of the four biggest bank in the UK. I have taken 2007 annual report as the group has published only the 2008 interim report. The second item which we see in Lloyds TSB balance sheet is loan and advances to banks. It reflects the interbank relationship. This figure has fallen for most of the commercial
Premium Bond Debt Bank