Abstract Financial statements are used by so many different types of people from investors‚ to creditors‚ managers and even employees. These statements are proven useful tools that provide valuable information about a business enabling the user of the statements to make the most appropriate business decisions. Financial Statements Four Basic Financial Statements There are four basic financial statements in accounting: 1. Balance Sheet 2. Income Statement 3. Retained Earnings Statement 4
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Financial Statement Analysis Tools CHAPTER 4 After studying this chapter‚ you should be able to: 1. Describe the purpose of financial ratios and who uses them. 2. Define the five major categories of ratios (liquidity‚ efficiency‚ leverage‚ coverage‚ and profitability). 3. Calculate the common ratios for any firm by using income statement and balance sheet data. 4. Use financial ratios to assess a firm’s past performance‚ identify its current problems‚ and suggest strategies
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Financial Statement Analysis of IBM Financial Statement Analysis of IBM I. Company Facts IBM – International Business Machines Corporation The home office of IBM is located in Armonk‚ Town of North Castle‚ New York‚ United States. IBM was founded in 1911 as the Computing Tabulating Recording Company (CTR) through a merger of three companies: the Tabulating Machine Company‚ the International Time Recording Company‚ and the Computing Scale Company. CTR adopted the name International Business
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CHAPTER-I FINANCIAL STATEMENTS LEARNING OBJECTIVES After studying this chapter‚ you will be able to: • Explain the meaning of financial statements of a company; • Describe the form and content of balance sheet of a company; • Prepare the Balance Sheet of a company as per Schedule VI Part I of the Companies Act 1956. • Know the major headings under which the various assets and liabilities can be shown. • Explain the meaning‚ objectives and limitations of analysis using accounting
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FINANCIAL STATEMENT ANALYSIS Paula Bianca Formantes Financial Analysis The process of understanding the profitability and risk of a firm through an in depth review or study of the basic financial statements‚ by the use of different tools and techniques. Several Financial Analysis Techniques: 1. Horizontal Analysis 2. Vertical Analysis 3. Ratio Analysis BALANCE SHEET SAN MIGUEL CORPORATIOS CURRENCY IN MILLIONS OF PESOS DEC 31 2011 DEC 31 2012 ASSETS LIABILITIES & EQUITY Cash And Equivalents
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Financial Statement Analysis Project The Boeing Company November 11‚ 2004 Table of Contents I. Firm‚ Industry‚ and Environment 4 A. Description of firm and environment 4 B. Discussion of competitive environment 6 C. Economic climate and outlook 8 D. Other relevant factors‚ e.g. governmental regulations‚ labor relations‚ litigation‚ etc. 8 II. Evaluation of Balance Sheet 10 A. Description of asset structure 11 a. Current Assets 11 b. Customer and commercial financing 12 c.
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s Google Financial Statement Analysis Table of Contents Introduction 3 Property and Equipment 4 Intangible Assets 5 Goodwill 6 Depreciation Methods 6 Impairment 7 Current Liabilities 7 Contingent Liabilities 7 Long-term Liabilities 8 Bonds Payable 8 Capital Leases 8 Works Cited 10 Introduction Google Inc. is an American multinational corporation that specializes in Internet-related services and products. It was founded on September 4‚ 1998 by Larry Page and Sergey
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Financial Statements: The Starting point In the Study Of accounting The principal means of reporting general-purpose financial information to persons outside a business organization is a set of accounting reports called financial statements. The persons receiving these reports are termed the users of the financial statements. A set of financial statements consists of four related accounting reports that summarize in a few pages the financial resources
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IPSASB Exposure Draft (ED) 47 March 2012 Comments due: July 31‚ 2012 Proposed International Public Sector Accounting Standard Financial Statement Discussion and Analysis The International Public Sector Accounting Standards Board (IPSASB) sets International Public Sector Accounting Standards (IPSASs) for use by public sector entities‚ including national‚ regional‚ and local governments‚ and related governmental agencies. A key part of the IPSASB’s strategy is to converge the IPSASs‚
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Financial Statements XACC/290 January 12‚ 2014 Melissa Drayton Financial Statements There are four basic financial statements: balance sheet‚ income statement‚ retained earnings statement‚ and statement of cash flows. These financial statements would include an overview of the assets‚ liabilities‚ expenses‚ and revenues of the business. Financial statements are useful not only to internal user; such as managers and employees‚ but also to external users; such as investors and creditors to
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