PPT-FINANCIAL STATEMENTS, TAXES, AND CASH FLOW

Reem Alnuaim Chapter 2 The Balance Sheet Financial statement showing a firms accounting value on a particular date I s a snapshot of the firm It is a convenient means of organizing and summarizing what a firm owns its assets. Corporate Finance: MBAC 6060. Professor Jaime Zender. SCF Basics. SCF is a summary of a company’s transactions for a given period that effect the cash account.. It provides information about the firm’s ability to generate cash and the effectiveness of its cash management. Where is cash coming from and where is it going to?. Corporate Finance: MBAC 6060. Professor Jaime Zender. SCF Basics. SCF is a summary of a company’s transactions for a given period that effect the cash account.. This statement provides information about the firm’s ability to generate cash and the effectiveness of its cash management. Where is cash coming from and going?. Shareholder. The Myers Associates, P.C.. February 10, 2011. Understanding Not-for-Profit Financial Statements. Historical cost. Revenue recognition. Matching principles. Conservatism. Materiality. Accrual accounting. This module provides an introduction to the three primary financial statements: income statement, balance sheet, and cash flow statement.. Author: Stu James . © 2015 Stu James and Management by the Numbers, Inc.. 1. Updated. : 09-2016. Agenda. Welcome, Pre-Test, Agenda, and Learning Objectives. Benefits of Financial Management. Budgeting. Bookkeeping. Financial Statements. Business Financing. Key Points to Remember. Two Hands on the Wheel. 2016. Objectives. Get you familiar with basic financial documentation. Balance Sheet. Cash Flow. Statement of Cash Flow. Cash Flow Budget. Record Keeping. Income Statement. Net Farm Income. (chapter 3). Sources of Information. Annual reports. Wall Street Journal. Internet. www.yahoo.com. www.smartmoney.com. Mergent online. SEC. EDGAR. 10K & 10Q reports. The Annual Report. Balance sheet – provides a snapshot of a firm’s financial position at one point in time.. Certain statements in this presentation constitute “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements. Such forward-looking statements include projections. Such projections were not prepared in accordance with public guidelines of the American Institute of Certified Public Accountants regarding projections and forecasts, nor have such projections been audited, examined or otherwise reviewed by independent auditors of Wyndham Worldwide Corporation (“WYN”).. Chapter 2. 2.1 The Balance Sheet. An accountant’s snapshot of the firm’s accounting value at a specific point in time. The Balance Sheet Identity is:. Assets ≡ Liabilities Stockholder’s Equity. profits. cash flow. Basic Assessment. 3. Viability Assessment. Financially Viable. Not Financially. Viable. Project fails to earn a sufficient return. No opportunity for significant tariff Increases.. Professor Jaime Zender. SCF Basics. SCF is a summary of a company’s transactions for a given period that effect the cash account.. It provides information about the firm’s ability to generate cash and the effectiveness of its cash management. Where is cash coming from and where is it going to?. September 19, 2018. Financial Audit and Review Services. Tax Services. SOX Compliance and Internal Controls. Employee Benefit Plan Audit Services. IT Risk & Compliance. Advisory. Holtzman Partners LLP. Reading In Finance and Banking. Dr. Huda Al-. sahrawardi. Chapter Seven the other financial statements. 1- The profit and loss account. 2- The cash flow statement. Chapter Seven the other financial statements. CH 2. I. ntroduction. Our emphasis is not on preparing financial statement.. Financial statement are frequently a key source of information for financial decision.. There are two important differences we have to understand:.