and Introduction to Financial Statements Julie Zhu‚ AC221 Financial Accounting 1-1 Agenda Administrative matters An overview of financial statements Objectives and key concepts of financial reporting Julie Zhu‚ AC221 Financial Accounting 1-2 Course Overview Course objectives Be comfortable looking through a financial report Be able to critically evaluate performance of companies using financial statements. Class format
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The Income Statement Special Items: If an item is unusual in nature or infrequent in occurrence‚ but not both‚ and if it is material‚ then it must be shown separately on the income statement (usually as part of income from continuing operations). This special item will not be reported net of tax. Extraordinary: These are items that are material and are both infrequent in nature and unusual in occurrence. Extraordinary items should be very rare. Appear after net income from discontinued operations
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com/downloads/acc-230-entire-course/ Author : Sarah Keller ACC 230 Week 1 Checkpoint Financial Statements CheckPoint: Assessing Financial Statements Resource:Ch. 2 of Understanding Financial Statements‚and Ch. 1 PowerPoint® (pp. 1-10‚ 1-11‚ and 1-13) Searchthe Internet for the financial statements of your favorite company or your employer. You may either locate the corporate Web site for your chosen company‚ or you may select a company’s financial statements from the EDGAR database at http://www.sec.gov/edgar/searchedgar/webusers
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2009 FIANANCIAL STATEMENT ANALYSIS BEXIMCO PHARMA ASSIGNMENT ON Financial Report & Ratio Analysis CURSE NAME: Financial Accounting Course Code: ACT (142) Program: BBA Submitted BY Md. Akther Sayed Id No: 10510508 Bachelor of Business Administration Submitted TO Farhana Rohman Course Instructor of Financial Accounting Department of Business Administration Submission Date 29th December‚ 2010
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of selling those products or providing those services. • Revenue: The amount a business earns for the products it sells or the services it provides When a firm evaluates new project‚ it will estimate the amount of revenue it plans to earn and the cost of earning that revenue. The firm wants to be sure the project will generate profit. Using financial reports to make decisions • Operating cycle: Is the sequence of business activities of getting cash‚ using cash to purchase inputs‚
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Presented by Presented by About Equit-I‚ Finance Club • Equit-I focuses on creating an enthusiasm about finance in the campus and bracing up the student community for the industry rigor. The club strives to be an important partner in a participant’s career development by creating learning opportunities and providing industry interface. • We assist participants in exploring financial career opportunities‚ by organizing workshops and interactive sessions on various financial topics
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Bolisetty Managing editor of editing‚ design‚ and production: Lori Koetters Managing editor of photo‚ design‚ and publishing tools: Mary Conzachi Lead project manager: Harvey Yep Senior buyer: Michael R. McCormick Cover and interior designer: Pam Verros Senior photo research coordinator: Keri Johnson Photo researcher: Ira Roberts Senior media project
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requested by their bank? 2. Should Pacific produce and sponsor the television program (note the NPV and IRR analyses for this project have been completed in Exhibit 3)? (a) Can Pacific take on debt to fund this project? (b) If the only way to fund the television program is by issuing 400‚000 shares of stock at $27.50 per share‚ should they proceed with the project? (Determine the equity issue’s impact on Pacific’s financial ratios and determine the equity issue’s impact on Pacific’s existing
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of the Information you need for the Project is located in this Workbook. Requirements Requirement 1 - Prepare the Journal Entries in the General Journal Requirement 2 - Post Journal Entries to the General Ledger Requirement 3 - Prepare a Trial Balance Requirement 4 - Prepare the Adjusting Entries Requirement 5 - Post Adjusting Entries to the General Ledger Requirement 6 - Prepare an Adjusted Trial Balance Requirement 7 - Prepare the Financial Statements Requirement 8 - Prepare the Closing
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costs in the pricing strategy of the organization below LO2 Be able to apply forecasting techniques to obtain information for decision making 2.1 assess the sources of funds available to this organization below for a specific project LO3 Be able to
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