IncomeSaemenandBalanceSheePPT课件.ppt

TheObjectiveoftoday sClass 1 UnderstandthedifferenceandrelationbetweentheBalanceSheetandIncomeStatement andwhattheymeanforthecompany 2 CanexplainWhat stheBalanceSheet anditssubsectionsandthemeaningofeachofthesubsection 3 CanunderstandtheIncomeStatementandcalculatethenetprofitstepbystep 1 DifferencebetweentheBalanceSheet IncomeStatement IncomeStatement 1 Thecompany sperformanceoverarangeoftime forexample ayearormonth 2 Revenue Expenses ProfitsBalanceSheet 1 Thecompany spositioninjustonegivenmomentoftime 2 Everythingthecompanyowns owesandworth 3 Asset Liabilities Equity 2 BeforewegototheBalanceSheet doyouknowwhat stheStateoftheUnion国情咨文 3 Let sexaminetheBalanceSheetfirst 4 What sDividend DividendsarepaymentsmadebyacorporationtoitsshareholdermembersWhenacorporationearnsaprofitorsurplus thatmoneycanbeputtotwouses itcaneitherbere investedinthebusiness calledretainedearnings oritcanbepaidtotheshareholdersasadividend 5 Keywordsforajointstockcompany Stock股票Shareholder sequity股东权益CommonStock普通股Dividend股息 股利 红利 债息Retainedearnings留存收益Assets资产Liability负债 6 Stockholders Equityisoftenreferredtoasthebookvalueofthecompany anditcomesfromtwomainsources Thefirstandoriginalsourceisthemoneythatwasoriginallyinvestedinthecompany alongwithanyadditionalinvestmentsmadethereafter Thesecondcomesfromretainedearningsthatthecompanyisabletoaccumulateovertimethroughitsoperations Inmostcases especiallywhendealingwitholdercompaniesthathavebeeninbusinessformanyyears theretainedearningsportionisthelargestcomponent Equity CommonStock RetainedEarningsRetainedEarnings Netprofit Dividend 7 Keywordsforajointstockcompany What stherelationsbetweenthoseterms 资产 负债 所有者权益Assets Liabilities Shareholder sEquityORAssets Liabilities CommonStocks Dividends Revenues Expenses 8 What stheBalanceSheet ABalanceSheet orstatementoffinancialposition givesa snapshot ofthefinancialpositionofthecompanyatagivendate Itshowsthevalueoftheassets liabilitiesandstockholders equityonthatdate snapshot n 快照 快相 急射 速射 简单印象vt 给 拍快照 9 BalanceSheet Abalancesheetstates 1 whatassetstheentityowns 2 howitpaidforthem 3 whatitowes itsliabilities and 4 whatistheamountleftaftersatisfyingtheliabilities Withincomestatementandcashflowstatement itcomprisesthesetofdocumentsindispensableinrunningabusiness Anauditedbalancesheetisoftendemandedbyinvestors lenders suppliers andtaxationauthorities andisusuallyrequiredbylaw Tobeconsideredvalid abalancesheetmustgiveatrueandfairviewofanorganization sstateofaffairs andmustfollowtheprovisionsofGAAPinitspreparation Alsocalledstatementofcondition statementoffinancialcondition orstatementoffinancialposition 10 TheitemsontheBalanceSheet 11 TheitemsontheBalanceSheet 12 TheitemsontheBalanceSheet 13 TheBalanceSheetformula Asset Liabilities equity资产 负债 所有者权益 14 15 IncomeStatement Asummaryofamanagement sperformanceasreflectedintheprofitability orlackofit ofanorganizationoveracertainperiod Ititemizestherevenuesandexpensesofpastthatledtothecurrentprofitorloss andindicateswhatmaybedonetoimprovetheresults Incontrasttoabalancesheet anincomestatementdepictswhathappenedoveramonth quarter oryear Itisbasedonafundamentalaccountingequation Income Revenue Expenses andshowstherateatwhichtheownersequityischangingforbetterorworse Alongwithbalancesheetandcashflowstatementitformsthebasicsetoffinancialinformationrequiredtomanageanorganization Alsocalledearningsreport operatingstatement orprofitandlossaccount 16 2020 1 27 17 What stheIncomeStatement IncomeStatementisameasureofthecompany searningsperformance 18 IncomeStatement TheGrossMargin Profit 19 HowtogettheCostofSales Forserviceindustry CostofSales Supplies Labor Overhead Overhead 间接费用Acostorexpense suchasforadministration insurance rent andutilitycharges that 1 relatestoanoperationorthecompanyasawhole 2 doesnotbecomeanintegralpartofagoodorservice unlikerawmaterialordirectlabor and 3 cannotbeappliedortracedtoanyspecificunitofoutput Overheadsareindirectcosts 20 HowtogettheCostofSales Forretailerormerchandiser CostofSales CostofGoodsSold BeginningInventory NetPurchases EndingInventoryCostofGoodsAvailableforSale Begininventory NetpurchasesBeginningInventory 期初存货