财务报表分析 英文

1、FINANCIAL MANAGEMENT SKILL财务管理技能,2015年09月12日,Aaron Wang,议题 - AGENDA,导言及基本概念 Introduction and Basic Concepts 资产负债表 - Balance Sheet 损益表 - Profit Reduce quantity related errors; Ensure sales order is correct,Answer for Question 3,Hold a meeting with related departments / sections to discuss the situati

2、on and find out the inventory loss reasons Check / review the responsibilities for the each department - Warehouse department - Production department - Logistic Department - Engineering Department To reach agreement and improve inventory control process,Reasons for a shrink: Employee theft or vendor

3、 fraud Stock count errors or ERP record errors Not in time booked shipments of salesperson / customer / marketing samples, warranty replacements etc. Warehouse location change results in loss during transfer Not in time booked spoilage and damage Higher actual usage vs. not in time updated ERP BOM u

4、sage Functions involved: Warehouse department - Good management and placement for FG/RM/WIP, enhance internal control and strengthen guard. Production department - Reduce Scrap and Waste, feed back actual BOM usage in time Engineering department Timely update Oracle BOM usage so as to in line with a

5、ctual Logistic Department - Make sure to inform supplier to delivery material / make physical align with Oracle cut-off time Ensure that Bill of Materials and Routings were accurate,Answer for Question 3,Standard Margin = Sales - Standard costs of goods sold Increase sales price or amount Reduce sta

6、ndard cost by Cost Management / Control Improve products sales structure, sell more higher margin products and reduce lower margin product sales Optimize / improve Engineering BOM design to minimize material cost Negotiate with suppliers or develop new suppliers to reduce standard material cost Redu

7、ce E&O material accrual by improve inventory management level,Answer for Question 4,Making Acquisitions Developing new products Making Promotion (advertisements, technology days) Increasing Service and Aftermarket Sales Expanding Geographically (especially for developing economies) Sharing the same

8、customers by different BU,Answer for Question 5,Standard Material = cost * usage - Cost: price paid to the vendor and other costs (transportation costs, handling costs, brokerage fees) - Usage: quantity of materials required to make a finished product Standard Labor = Rate * Cycle time - Rate: hourl

9、y wage rates - Cycle time: how long it takes to produce a product Standard Overhead = Rate * cost driver - Rate: Variable and fixed overhead rates - Cost driver: labor hours, machine hours, etc. Raw material part number, only need determine material cost from sourcing department, check material cost validity then set up in ERP system (import parts need set freight & duty adders as well) Assembly part number, need check all raw material parts cost and process routine hours (cycle time) setup availability and in