Governmental Financial Reporting Presented by David R. Koeppen‚ Ph.D.‚ CPA Department of Accountancy Boise State University dkoeppen@boisestate.edu Topics • • • • • Introduction Reporting Basics Fund Accounting Government-wide Financial Statements Summary and Conclusion Introduction • • • • Purpose of Financial Reporting Generally Accepted Accounting Principles Characteristics of Governmental Entities Effects of Characteristics on Financial Reporting Purpose of Financial Reporting • Private
Premium Generally Accepted Accounting Principles Balance sheet Asset
Ratio and Financial Statement Analysis July 25‚ 2013 MGMT640 Executive Summary In corporate finance‚ both ratio and financial statement analysis are important tools that can be used in order to assess a company’s strength financially. They can be used in order to forecast a business’ prospective cash flow and ability to grow in the future‚ as well as a company’s strengths and weaknesses. Income statements‚ balance sheets‚ the statement of retained
Premium Generally Accepted Accounting Principles Balance sheet Financial ratios
17/09/2013 Lecture 1: International Business and Globalisation Dr Lim Ngat Chin‚ Eunice‚ PhD Room ELG02‚ Block E (NEW WING –LOWER GROUND) Lim.Ngatchin@nottingham.edu.my Consultation hours: Mon 1300-1500; Tues 1030-1230; Fri 0900-1100 or appointment by email Session 1 content (IB) What is international business? What are the reasons for international business growth? What are the basic forms of international business activity? Summary 2 1 17/09/2013 What is
Premium International trade Globalization World Trade Organization
difference between financial report and financial statement Financial report means any report about monitory matters. In other words a financial report is about the transactions that have financial effects. To run a business financial reports play important role as relevant financial information is transmitted to relevant users inside and outside the entity to help them in making decisions. For example; bank statement‚ aged debtors analysis report etc. Some financial statements are prepared on regular
Premium Financial statements Income statement International Financial Reporting Standards
four dollars in-store‚ and ten dollars for a 90-day supply (Washington‚ n.d) Financial Services: Besides the aforementioned products and services‚ Walmart also provides its customers with a wide range of financial services‚ namely a non-annual-fee credit card‚ a debit card ready to obtain in-strore or online‚ money transfer service through MoneyGram‚ and check cashing and check printing. At Walmart‚ customers can also purchase money orders‚ gift cards‚ and pays bills (Washington‚ n.d) Wireless
Premium Generally Accepted Accounting Principles Balance sheet
ceo letter -must have a vision and provide leadership 2. Financial statements Financial reporting: presenting financial data of a company with respect to its operating performance‚ position and fund flows for an accounting period. It’s a set of documents prepared by firms at the end of their accounting period. Many people play a role in this including: the CEO A track record of the company’s performance during the year -shows how well the company did‚ any CSR initiative -gives shareholders
Premium Auditing Audit Corporate governance
weaknesses‚ opportunities and threats analysis (Kotler ‚Adam‚ Denize‚ Armstrong‚ 2008) which will show how Red Bull managers the companies situation. Company Background For years now Red Bull has researched and developed products to stay competitive in the market. This research includes the internal and external analysis of the company and provides Red Bull with information that can be used to gain a competitive advantage. An example of Red Bull using this information is when the sugar free energy
Premium Marketing Red Bull Energy drink
IMPROVING WELLINGTON FREE AMBULANCE STAKEHOLDER ENGAGEMENT THROUGH NON- FINANCIAL REPORTING RESEARCH REPORT MMPA 516 SUBMITTED BY Name: Rajat Chawla Student ID: 300256730 TABLE OF CONTENTS Executive Summary………………………………………………………………………….. i Table of Contents…………………………………………………………………………… ii Introduction Pros of SSP reporting Cons of SSP Reporting Conclusion Challenges communicated to Stakeholders What stakeholders
Premium Annual report Financial statements Balance sheet
The Effect of Financial Statement in Decision Making Background of the Study In every organization‚ every fiber of decision is important. However‚ before creating such valuable decision‚ it is also important that the decision makers such as leaders has basis. In terms of performance in an organization and creating new business ventures‚ it is emphasized that the use of financial statements or financial reports can be a great source of crafting decision. Through the income statement‚ balance sheet
Premium Decision making Financial statements Balance sheet
Executive Summary GAAP‚ generally accepted accounting principles‚ are the rules for preparing the financial statements. There are specialized professionals FASB‚ SEC‚ AAA‚ FEI‚ IMA‚ AIMR and others for developing GAAP. There are 13 principles for preparing Financial Statement. Business Entity Principle requires business to be separated from owner of the business. Going Concern principles requires the business to assume that the business will for long time. Revenue Recognition Principle considers
Premium Generally Accepted Accounting Principles Balance sheet