PPT-Learning Aim F Complete statements of comprehensive income

and financial position and evaluate business performance Mr Barry BTEC National Level 3 httpswwwyoutubecomwatchvaBZvzoYebA0 Introduction to financial statements Recap from learning aim C. Pro Forma Financial Statements. Projected or “future” financial statements.. The idea is to write down a sequence of financial statements that represent expectations of what the results of actions and policies will be on the future financial status of the firm.. Replace with BFRDP logo. Balance Sheet #1. Cash Flow. Financial Snapshot. Financial Snapshot. Meeting Financial . Obligations. Good old fashion recordkeeping. Balance Sheet #2. Working Capital. Debt/Asset Ratio. Forecasting the Future Financial Condition of the Firm. Pro Forma Financial Statements. Projected or “future” financial statements.. The idea is to write down a sequence of financial statements that represent expectations of what the results of actions and policies will be on the financial status of the firm into the future.. Statements of income and comprehensive income. Statements of financial position and changes in equity. Remember the attendance sheet!. I. Statements of income and comprehensive income. Theoretical considerations. Barbara Darlow, CMA,CPA. Business Advisor, Invest Ottawa. One Person’s Background. Undergrad degree in Commerce. Certified Management Accountant. 25 years internal accounting. Technology companies. . 1. Presentation of Financial . Statements. Orhan Balıkçı. Introduction. The International Accounting Standards Committee was establish in . 1973. IASC released a series of standards called. IAS. RICHARD G. SCHROEDER . MYRTLE W. CLARK . JACK M. CATHEY. THEORY . AND. ANALYSIS: . TEXT AND CASES. 11. TH. EDITION. CHAPTER 6. Financial Statements I:. The Income Statement. Introduction. Various groups are affected by, and have a stake in, the financial reporting requirements of the FASB and the SEC. Q2 2015. Sirius XM Canada. Holdings Inc.. April, . 2015. Forward looking statements. 2. This presentation contains certain information that may constitute forward-looking statements within the meaning of securities laws. In some cases, such statements can be identified by the use of forward-looking terminology such as “expects,” “may,” “will,” “should,” “intend,” “plan,” or “anticipates” or the negative thereof or comparable terminology. Forward-looking statements include estimates, plans, strategies, expectations, opinions, forecasts, projections, targets, expected dividends, guidance, or other statements that are not statements of fact, including with respect future performance. Statements regarding our past performance should not be interpreted as projections or forecasts of future performance. . Financial Reporting. For exams in June 2014. SAMPLE. Key to Icons. SAMPLE. Chapter 1. The conceptual framework. Conceptual framework and GAAP. The IASB’s Conceptual Framework. The objective of general purpose financial reporting. Concepts. Chapter 2. Learning Objectives. After studying this chapter, you should be able to:. Describe the basic elements of a financial accounting system. Analyze, record, and summarize transactions for a corporation’s first period of operations. IFRS for SMEs. Review of all sections of the standard. Highlight key differences with full IFRSs. 11/24/2016. By: Olonje. 1. The IFRS for SMEs. Good Financial Reporting Made Simple.. 230 pages. Simplified IFRSs, but built on an IFRS foundation. Accruals. Revenues. and . Expenses. are recognized on Financial Statements . before. all . Cash Inflows . or . Cash Outflows . are exchanged.. Ex: -Installment Sales [under the accrual method]. . from an eye-tracking experiment. Preliminary results. DFG-Project . Performance . Reporting . Maik Lachmann (TU Berlin), . Ulrike Stefani (Konstanz), . Arnt. . Wöhrmann. (Gießen. ). . Motivation. Accounting:. Issues in Financial Reporting and Translation of Foreign Entity Statements. 12-. 2. Learning Objective 1. Understand and explain differences between U.S. GAAP and international financial reporting standards (IFRS) and the expected...