基础会计学第一单元课件

1、会计学1Fundamental Financial Accounting 1,Instructor: Dr. Xiaoyan Lu Email: Tel: 84114272,Requirements under IFRS, the approach is more focused on a review of the situation and how accounting can best reflect it.,Global View,Financial Statements Both U.S. GAAP and IFRS prepare the same four basic finan

2、cial statements. To illustrate, a condensed version of Piaggios income statement follows (numbers are in Euros thousands).,Global View,Status of IFRS Adoption,Return on Assets,A2,Return on assets (ROA) is stated in ratio form as income divided by assets invested.,Dell,Appendix 1A Return and Risk Ana

3、lysis,A3,Many different returns may be reported.,ROA,Interest return on savings accounts.,Interest return on corporate bonds.,Risk is the uncertainty about the return we will earn.,The lower the risk, the lower our expected return.,Appendix 1B Business Activities and the Accounting Equation,A3,Three

4、 major types of business activities: Financing activities provide the means organizations use to pay for resources such as land, buildings, and equipment to carry out plans. Investing activities are the acquiring and disposing of resources (assets) that an organization uses to acquire and sell its products or services. Operating activities involve using resources to research, develop, purchase, produce, distribute, and market products and services.,Assignments,Individual: E1-8, E1-9, E1-14, E1-15, E1-16 Group Assignment:P1-1A, P1-3A Class