» Từ khóa: Financial statemént

This chapter explores how budgets can be adjusted so that meaningful comparisons to actual costs can be made. This chapter include objectives: Prepare a flexible budget, prepare a report showing activity variances, prepare a report showing revenue and spending variances, prepare a performance report that combines activity variances and revenue and spending variances, prepare a flexible budget with more than one cost driver, understand common...

 22 p fbu 23/06/2016 152 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Flexible budgets, Performance analysis

Two general approaches are used for valuing inventories and cost of goods sold. One approach, called absorption costing, is generally used for external reporting purposes. The other approach, called variable costing, is preferred by some managers for internal decision making and must be used when an income statement is prepared in the contribution format. This chapter shows how these two methods differ from each other. It also explains how to...

 20 p fbu 23/06/2016 192 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Variable costing, Segment reporting

This chapter focuses on the steps taken by businesses to achieve their planned levels of profits - a process called profit planning. Profit planning is accomplished by preparing numerous budgets, which, when brought together, form an integrated business plan known as a master budget.

 13 p fbu 23/06/2016 161 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Profit planning, Responsibility accounting

Managers in large organizations have to delegate some decisions to those who are at lower levels in the organization. This chapter explains how responsibility accounting systems, return on investment (ROI), residual income, operating performance measures, and the balanced scorecard are used to help control decentralized organizations.

 15 p fbu 23/06/2016 183 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Performance measurement, Decentralized organizations

Making decisions is one of the basic functions of a manager. To be successful in decision making, managers must be able to tell the difference between relevant and irrelevant data and must be able to correctly use the relevant data in analyzing alternatives. The purpose of this chapter is to develop these skills by illustrating their use in a wide range of decision-making situations.

 15 p fbu 23/06/2016 172 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Differential analysis, Decision making

This chapter explains how to classify transactions as operating, investing, or financing activities, and it explains how to create a statement of cash flows. The indirect method of determining the net cash provided by operating activities is illustrated within the chapter and the direct method is demonstrated in the appendix.

 21 p fbu 23/06/2016 238 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Statement of cash flows

The term capital budgeting is used to describe how managers plan significant cash outlays on projects that have long-term implications, such as the purchase of new equipment and the introduction of new products. This chapter describes several tools that can be used by managers to help make these types of investment decisions.

 14 p fbu 23/06/2016 182 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Capital budgeting decisions, Cash flows

Chapter 15 focuses on financial statement analysis, which is used to assess the financial health of a company. It includes examining trends in key financial data, comparing financial data across companies, and analyzing financial ratios.

 13 p fbu 23/06/2016 173 2 Download

Từ khóa: Managerial accounting, Lecture Managerial accounting, Financial statement, Profitability analysis, Financial statement analysis, Financial leverage

The learning objectives in this chapter are: Record basic accrual and deferral events in a horizontal financial statements model; organize general ledger accounts under an accounting equation; prepare financial statements based on accrual accounting; describe the closing process, the accounting cycle, and the matching concept; explain how business events affect financial statements over multiple accounting cycles.

 15 p fbu 23/06/2016 146 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Financial statements, Ledger accounts

After you have mastered the material in this chapter, you will be able to: Describe factors associated with communicating useful information, differentiate between horizontal and vertical analysis, explain ratio analysis, calculate ratios for assessing a company’s liquidity, calculate ratios for assessing a company’s solvency, calculate ratios for assessing company management’s effectiveness, calculate ratios for assessing a company’s...

 15 p fbu 23/06/2016 184 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Financial statement, Financial statement analysis

Chapter 2 - Investing and financing decisions and the balance sheet. After studying this chapter, you should be able to: Define the objective of financial reporting, the elements of the balance sheet, and the related key accounting assumptions and principles; identify what constitutes a business transaction and recognize common balance sheet account titles used in business; Apply transaction analysis to simple business transactions in terms of...

 15 p fbu 25/05/2016 137 2 Download

Từ khóa: Financial accounting, Lecture Financial accounting, Financial statements, Balance sheet, Financing decisions, Financial reporting

Chapter 10 - Reporting and interpreting bonds. After studying this chapter, you should be able to: Describe the characteristics of bonds, report bonds payable and interest expense for bonds sold at par and analyze the times interest earned ratio, report bonds payable and interest expense for bonds sold at a discount, report bonds payable and interest expense for bonds sold at a premium, analyze the debt-to-equity ratio, report the early...

 15 p fbu 25/05/2016 68 2 Download

Từ khóa: Financial accounting, Lecture Financial accounting, Financial statements, Balance sheet, Interpreting bonds, Bonds payable, Cash interest payments