Chapter 5: Essentials of Financial Statement Analysis Evaluating accounting “quality” How do we define financial reporting quality? Qualitative characteristics of accounting Information: Understandability Decision usefulness Reliability Relevance Consistency Comparability 1 Attributes of High Quality Financial Reporting Financial reporting (earnings) quality has been considered positively associated with the following: High persistence of earnings and cash flows
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techniques and discuss the main financial statements. Compare appropriate formats of financial statements for different types of business. Interpret financial statements using appropriate ratios and comparisons‚ both internal and external. 3.1 analyse budgets and make appropriates decisions According to this data‚ Kaitai HK(GuangZhou) monthly budget increase range so big. Analysis the data‚ the company not arrange the company situation to set the budget. Analysis the budget‚ the company not implement
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companies expense content creation costs as incurred. Demand’s unorthodox approach to accounting for writer expenses as acquiring and amortizing intangible assets spreads Demand Media’s expenses over time and reduces its current losses on its income statement. Thus‚ Demand Media’s accounting could be considered misleading to investors of the IPO. 2. Is the company’s capitalization accounting policy justified? If yes‚ why yes? If not‚ why not? We do not believe Demand Media’s capitalization accounting
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paradox. While everyone was flustered I would have been oppressed and I’m not a very hardy person. I would have felt melancholy‚ but back to learning about the universe. It is true that we only have 8 planets. However‚ the solar system is comprised of 100s of different miscellaneous worlds which are very adequate. Some of the moons and minor planets are more massive than Mercury. Some have active volcanoes and oceans of liquid methane which is quite hazardous and random. Almost every planet and some
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CHAPTER 9 ANALYSIS OF FOREIGN FINANCIAL STATEMENTS Chapter Outline I. Reasons to analyze financial statements of foreign companies include: • making foreign portfolio investment decisions‚ • making foreign merger and acquisition decisions‚ • making credit decisions about foreign customers‚ • evaluating foreign suppliers‚ and • benchmarking against foreign competitors. II. There are several problems an analyst might encounter in analyzing foreign financial statements‚ including:
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Words: Tools of War Words are held to a high standard. The tone in which you say a word‚ or maybe the context in which you say a word completely changes its meaning. Today‚ we use words as tools to provide information and inform others as well as a way to feel superior to others‚ but in a war time crisis words such as name calling can be the key to a killing spree. Soldiers all around the world for ages‚ since the Greek and Romans‚ have learned to use nicknames as a way to deliberately taunt
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IPSASB Exposure Draft (ED) 47 March 2012 Comments due: July 31‚ 2012 Proposed International Public Sector Accounting Standard Financial Statement Discussion and Analysis The International Public Sector Accounting Standards Board (IPSASB) sets International Public Sector Accounting Standards (IPSASs) for use by public sector entities‚ including national‚ regional‚ and local governments‚ and related governmental agencies. A key part of the IPSASB’s strategy is to converge the IPSASs‚
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CHAPTER-I FINANCIAL STATEMENTS LEARNING OBJECTIVES After studying this chapter‚ you will be able to: • Explain the meaning of financial statements of a company; • Describe the form and content of balance sheet of a company; • Prepare the Balance Sheet of a company as per Schedule VI Part I of the Companies Act 1956. • Know the major headings under which the various assets and liabilities can be shown. • Explain the meaning‚ objectives and limitations of analysis using accounting
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Chapter 13 … Analyzing Financial Statements Chapter Outline I. Basics of Analysis -- Transforming data into useful information for decision making. A. Purpose of Analysis To help users (both internal and external) make better business decisions. 1. Internal users (managers‚ officers‚ internal auditors‚ consultants‚ budget officers‚ and market researchers) make the strategic and operating decisions of a company. 2. External users (shareholders‚ lenders‚ directors‚ customers‚ suppliers
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CHAPTER V : ANALYSIS AND INTERPRETATION Scale of factors for selection of pre-owned vehicles | FACTORS | RANK 9 | RANK 8 | RANK 7 | RANK 6 | RANK 5 | RANK 4 | RANK 3 | RANK 2 | RANK 1 | VALUE | Price | 1 | 6 | 6 | 0 | 15 | 0 | 35 | 48 | 180 | 291 | Top Pick | 6 | 2 | 6 | 4 | 25 | 30 | 28 | 72 | 63 | 236 | The year and make of your car | 0 | 48 | 84 | 24 | 75 | 192 | 168 | 96 | 63 | 750 | Model | 0 | 2 | 15 | 4 | 25 | 60 | 42 | 24 | 81 | 253 | Dealer | 2 | 8 | 6 | 20 | 45 | 30 | 35 |
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