# Complete Business Math for Accountants

Save this PDF as:

Size: px
Start display at page:

## Transcription

1 Complete Business Math for Accountants Part 1: Evaluating the Cost of Bank Loans, Business Loans, Trade Credit, and Other Financing 1. Compute the cost of credit using different methods. 2. Calculate due dates. 3. Define and compute the cost of capital. Part 2: Budgeting and Profit Planning

2 1. Recognize the major steps in budget preparation. 2. Calculate a production budget. 3. Identify budget accuracy ratios. 4. Recognize importance of cash budgeting and the steps involved. Part 3 Business Forecasting Methods 1. Identify different methods used for business forecasting. 2. Recognize how regression analysis can be used, and the implication of regression statistics. 3. Recognize the attributes of the Chi-Square test. Part 4: Managing Cash and Receivables

3 1. Identify components of the cash flow statement and different financing activities. 2. Recognize how to manage cash and accounts receivable properly. 3. Calculate cash flow from operations and average collection periods. Part 5: Controlling Inventory 1. Identify key concepts behind the economic order quantity (EOQ). 2. Calculate inventory reorder point. 3. Recognize the concepts of the ABC inventory control method. Part 6: Buying and Selling Products and Services 1. Recognize sales ratios used by management. 2. Calculate the relationships among price, costs, volume, and profit. 3. Identify how to calculate the break-even sales. 4. Recognize how the elasticity of demand affects total sales revenue.

4 Part 7: Putting Money to Work 1. Recognize how the risk-return tradeoff is important in decision making. 2. Calculate payback periods for different projects. 3. Calculate the present value and identify how to calculate the present value of an annuity. 4. Calculate the profitability index. 5. Define internal rate of return and capitalization rate. Part 8: Scheduling, Planning, and Efficiency Measures and Charting 1. Recognize some commonly used operating ratios 2. Identify how to use charting to help communicate business operations

5 Part 9: Preparing Financial Statements 1. Recognize the components of the balance sheet, including assets and equity. 2. Identify attributes of the income statement. Part 10: How Healthy Is The Business? 1. Recognize different ratios used in financial analysis, including liquidity, debt and profitability ratios. Part 11: Measuring Business Performance

6 1. Identify how management can use and improve ROI. 2. Compute residual income and identify how it is different than ROI. 3. Recognize how marginal analysis can used for business decisions. Part 12: Averages, Expectations, and Variability in Business Activities 1. Calculate average (mean), median, and mode. 2. Compute standard deviation. 3. Recognize the coefficient of variation and the normal distribution. Part 13: Adequacy and Cost of Insurance Coverage

7 1. Recognize different types of insurance 2. Identify insurance terms such coinsurance and fair payment 3. Identify the basis for how much insurance is needed Part 14: Hiring and Compensating Employees 1. Recognize how to determine human resource needs 2. Identify attributes of a benefits packages Recognize the cost factor of human resources and how it varies by organization types Part 15: Buying or Selling a Business 1. Recognize different methods used for determining the price of a business.

8

### McGraw-Hill s Financial Analyst

Platform: Windows Requires: 4 MB hard disk space; includes the Mathcad Engine Available for ground shipment The power of MathSoft's Mathcad engine has been added to the 201 top financial tools contained

### Accounting and Finance for Managers and Entrepreneurs

Accounting and Finance for Managers and Entrepreneurs Course Description This course covers what everything business people and managers need to know about accounting and finance. It is directed toward

### 1. Chart 1 Breakeven Analysis for the Practice Revenue \$350,000.00 \$500,000.00 \$700,000.00 \$850,000.00 \$120,000.00 \$150,000.00 \$210,000.00 \$255,000.

Chapter 4 Review Questions 1. Chart 1 Breakeven Analysis for the Practice Fixed \$350,000.00 \$350,000.00 \$350,000.00 \$350,000.00 Based on Chart 1, what would be the revenue goal for a clinic wanting to

### Section 12.1 Financial Ratios Section 12.2 Break-Even Analysis

Section 12.1 Financial Ratios Section 12.2 Break-Even Analysis OBJECTIVES Explain what a financial ratio is Describe how income statements are used for financial analysis Compare operating ratios and return-on-sales

### Entrepreneurship Chapter 10 1

Operations Management Lesson 10.1 Operating Procedures Goals Define the functions of management. Describe types of policies that should be included in an operations manual. Vocabulary manager management

### Ray H. Garrison, Eric W. Noreen, Peter C. Brewer Managerial accounting

Ray H. Garrison, Eric W. Noreen, Peter C. Brewer Managerial accounting Chapter One Managerial Accounting: An Overview 1 Chapter Two Managerial Accounting and Cost Concepts 24 Chapter Three Job-Order Costing

### Financial Statements and Ratios: Notes

Financial Statements and Ratios: Notes 1. Uses of the income statement for evaluation Investors use the income statement to help judge their return on investment and creditors (lenders) use it to help

### Content Specification Outlines Certified Management Accountant (CMA) Examinations

Effective May 1, 2010 Content Specification Outlines Certified Management Accountant (CMA) Examinations The content specification outlines presented below represent the body of knowledge that will be covered

### Foundations in Financial Management (FFM) September 2016 to June 2017

Foundations in Financial Management (FFM) September 2016 to June 2017 This syllabus and study guide is designed to help with teaching and learning and is intended to provide detailed information on what

### UNIVERSITY OF WAH Department of Management Sciences

BBA-330: FINANCIAL MANAGEMENT UNIVERSITY OF WAH COURSE DESCRIPTION/OBJECTIVES The module aims at building competence in corporate finance further by extending the coverage in Business Finance module to

### Creating a Successful Financial Plan

Creating a Successful Financial Plan Basic Financial Reports Balance Sheet - Estimates the firm s worth on a given date; built on the accounting equation: Assets = Liabilities + Owner s Equity Income Statement

### FINANCIAL MANAGEMENT For M.Com /B.Com Part A Question & Answers INTRODUCTION TO FINANCIAL MANAGEMENT 1. What is financial management?

FINANCIAL MANAGEMENT For M.Com /B.Com Part A Question & Answers INTRODUCTION TO FINANCIAL MANAGEMENT 1. What is financial management? It is the application of planning and control functions of the finance

### JUNE 2012 EXAMINATION. D2. Business Finance. Answer ALL THREE questions. Question 1: 20 marks available. Question 2: 30 marks available

1 JUNE 2012 EXAMINATION D2. Business Finance Instructions to candidates 1. Time allowed is 3 hours and 10 minutes, which includes 10 minutes reading time. 2. This is a closed book examination. 3. Use of

### ESSENTIALS OF ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT 6E

CHAPTER 11 Creating a Successful Financial Plan The Importance of a Financial Plan Financial planning is essential to running a successful business and is not that difficult! Common mistake among business

### An Introduction to Institutions, Management, & Investments

An Introduction to Institutions, Management, & Investments TEMTH EBITIQM HERBERT B. MAYO The College of New Jersey *\ SOUTH-WESTERN t% CENGAGE Learning- Australia Brazil Japan Korea Mexico Singapore Spain

### June 2014 exam. (4CW) SME Cash and Working Capital. Instructions to students:

1 June 2014 exam (4CW) SME Cash and Working Capital Instructions to students: 1. Time allowed is 3 hours and 10 minutes, which includes 10 minutes reading time. 2. This is a closed book examination. 3.

### Course- Financial Management.

Course- Financial Management. PHAR 4233 Semester/Year: Spring 2013 Course dates2/2/2013-2/27/2013 Lecture Objective Template Lecture #1/2 Date/time: 10:00 AM 1/3/2013 Lecture/Name Topic: Introduction to

### Course- Financial Management.

Course- Financial Management. PHAR 4233 Semester/Year: Spring 2015 Lecture Objective Template Lecture #1/2 Date/time: 10:00 AM 1/6-7/2015 Lecture/Name Topic: Introduction to Financial Management and Accounting

### 9. Himal Trading has EBIT of Rs 80,000, interest expense of Rs 12,000, and preferred

Set A Fundamentals of Financial Management Model Questions 2072 Program: BBS Time: 3 Hours Part: III F.M.: 100 Code: MGT 215 P.M.: 35 The objective of the model questions is to give an overview of the

### WJEC Applied Business A level. ABUS 1 and ABUS 5

1 WJEC Applied Business A level ABUS 1 and ABUS 5 Additional information: formulae, layout and terminology ABUS 1 and ABUS 5 Accounting terminology A number of the terms used in Accounting are changing,

### Creating a Successful Financial Plan

CHAPTER 11 Creating a Successful Financial Plan The Importance of a Financial Plan Financial planning is essential to running a successful business and is not that difficult! Common mistake among business

iplanner.net Small Business Plans Online BUSINESS PLAN TEMPLATE For a start-up company 18/01/2012 12:33:19(GMT) Executive Summary... 3 Business Overview... 3 Products and Services... 3 Sales Forecast...

### Accounting Principles Critical to Success Presented By: C. P. Krishnan. www.cakintl.com

Accounting Principles Critical to Success Presented By: C. P. Krishnan Basic Accounting You Need to Know Assets, Liabilities, Equity, Income, & Expenses Assets Includes what you have and what people owe

### Multiple Choice Questions (45%)

Multiple Choice Questions (45%) Choose the Correct Answer 1. The following information was taken from XYZ Company s accounting records for the year ended December 31, 2014: Increase in raw materials inventory

### Content Specification Outlines Certified Management Accountant (CMA) Examinations

Effective January 1, 2015 Content Specification Outlines Certified Management Accountant (CMA) Examinations The content specification outlines presented below represent the body of knowledge that will

### Discussion Board Articles Ratio Analysis

Excellence in Financial Management Discussion Board Articles Ratio Analysis Written by: Matt H. Evans, CPA, CMA, CFM All articles can be viewed on the internet at www.exinfm.com/board Ratio Analysis Cash

### Understanding Financial Performance

Understanding Financial Performance Getting on Track Authors: Rodney L. Sharp, John P. Hewlett, Jeffrey E. Tranel 1 Introduction Meet Jack and Joanie The Business The Family Family farm with sheep and

### Republic Polytechnic Continuing Education & Training Course Structure for : Finance Management

Republic Polytechnic Continuing Education & Training Course Structure for : Finance Management Module Finance Management Description Finance Management is a module that serves to cover key financial aspects

### JEFFERSON COLLEGE COURSE SYLLABUS

JEFFERSON COLLEGE COURSE SYLLABUS MGT 262 FINANCIAL MANAGEMENT 3 Credit Hours Prepared by Don Boyer Revision Date: May 2002 by Don Boyer CAREER & TECHNICAL EDUCATION Alan C. Foster, Associate Dean MGT

### Chapter 18 Working Capital Management

Chapter 18 Working Capital Management Slide Contents Learning Objectives Principles Used in This Chapter 1. Working Capital Management and the Risk- Return Tradeoff 2. Working Capital Policy 3. Operating

### Financial Projections. Making sense of the money

Financial Projections Making sense of the money The Burning Questions What are your capital needs? Projections How will you get that capital? Structure: Equity or debt? Ownership structure Up-front or

### Harlem Business Alliance. Financial Ratios and Projection Assumptions

1 Harlem Business Alliance Financial Ratios and Projection Assumptions 2 Why is this Important? Growth Map (\$m) \$35 \$20 \$15 \$4 Year 1 Year 2 Year 3 Year 4 Entrepreneurs are in business to make a profit.

### 2012 FINANCIAL MANAGEMENT AND ACCOUNTS

Name : Roll No. :.... Invigilator s Signature :.. CS/B.TECH/EE/CSE/IT/ICE/SEP.SUPPLE/SEM-7/HU-701/2012 2012 FINANCIAL MANAGEMENT AND ACCOUNTS Time Allotted : 3 Hours Full Marks : 70 The figures in the

### Ratio Analysis. A) Liquidity Ratio : - 1) Current ratio = Current asset Current Liability

A) Liquidity Ratio : - Ratio Analysis 1) Current ratio = Current asset Current Liability 2) Quick ratio or Acid Test ratio = Quick Asset Quick liability Quick Asset = Current Asset Stock Quick Liability

### Paper 7 Management Accounting

Technician Level Paper 7 Management Accounting Extended Syllabus INTRODUCTION Extended Syllabuses are part of a comprehensive package of support materials offered by SIAT. This package includes past question

### The Nature of Accounting Systems

Basic Accounting & Budgeting February 4, 2009 The Nature of Accounting Systems Accounting is the process of recording, classifying, summarizing, reporting and interpreting information about the economic

### BACKGROUND KNOWLEDGE for Teachers and Students

Pathway: Business, Marketing, and Computer Education Lesson: BMM C6 4: Financial Statements and Reports Common Core State Standards for Mathematics: N.Q.2 Domain: Quantities Cluster: Reason quantitatively

### Financial. Management FOR A SMALL BUSINESS

Financial Management FOR A SMALL BUSINESS 1 Agenda Welcome, Pre-Test, Agenda, and Learning Objectives Benefits of Financial Management Budgeting Bookkeeping Financial Statements Business Financing Key

### Financial/Accounting Analysis Ratios Excel Calculator

User Guide Financial/Accounting Analysis Ratios Excel Calculator Dec 2008 Version 2 copyright 2008 Business Tools Templates Financial/Accounting Analysis Ratios Excel Calculator Financial Analysis Ratios

### CHAPTER 17. Financial Management

CHAPTER 17 Financial Management Chapter Summary: Key Concepts The Role of the Financial Manager Financial managers Risk-return trade-off Executives who develop and implement their firm s financial plan

### Analyzing the Statement of Cash Flows

Analyzing the Statement of Cash Flows Operating Activities NACM Upstate New York Credit Conference 2015 By Ron Sereika, CCE,CEW NACM 1 Objectives of this Educational Session u Show how the statement of

### Paper F9. Financial Management. Friday 7 June 2013. Fundamentals Level Skills Module. The Association of Chartered Certified Accountants.

Fundamentals Level Skills Module Financial Management Friday 7 June 2013 Time allowed Reading and planning: Writing: 15 minutes 3 hours ALL FOUR questions are compulsory and MUST be attempted. Formulae

### ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION

ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION OCTOBER 2006 Table of Contents 1. INTRODUCTION... 3 2. FINANCIAL RATIOS FOR COMPANIES (INDUSTRY - COMMERCE - SERVICES) 4 2.1 Profitability Ratios...4 2.2 Viability

### Income Measurement and Profitability Analysis

PROFITABILITY ANALYSIS The following financial statements for Spencer Company will be used to demonstrate the calculation of the various ratios in profitability analysis. Spencer Company Comparative Balance

### Course Syllabus For Banking and Financial Management Department

For Banking and Financial Management Department School Year First Year First year Second year Third year Fifth year Fifth year Fifth year Fifth year Name of course Financial Accounting principles Intermediate

### Final Examination Semester 2 / Year 2012

Southern College Kolej Selatan 南 方 学 院 Final Examination Semester 2 / Year 2012 COURSE : BUSINESS FINANCE COURSE CODE : FINE2003 TIME : 2 1/2 HOURS DEPARTMENT : ACCOUNTING & FINANCE LECTURER : NG PEK LENG

### Entrepreneurial Finance. Fundamentals of Financial Planning and Management for Small Business

Brochure More information from http://www.researchandmarkets.com/reports/2986151/ Entrepreneurial Finance. Fundamentals of Financial Planning and Management for Small Business Description: Featuring key

### Fundamentals of Financial Planning and Management for mall usiness

E REPRE EUR A F A CE Fundamentals of Financial Planning and Management for mall usiness M.J. Alhabeeb ENTREPRENEURIAL FINANCE The first effective form of investment was realized when the primitive man

### Understanding Financial Management: A Practical Guide Guideline Answers to the Concept Check Questions

Understanding Financial Management: A Practical Guide Guideline Answers to the Concept Check Questions Chapter 6 Working Capital Management Concept Check 6.1 1. What is the meaning of the terms working

### CHAPTER 14: WORKING CAPITAL: INVESTMENT DECISIONS AND FINANCING

CHAPTER 14: WORKING CAPITAL: INVESTMENT DECISIONS AND FINANCING 14-1 a. Current Ratio = Current Assets / Current Liabilities = 91,524/50,596 = 1.81 b. Quick Ratio = (Cash + Marketable Securities)/Current

### Ratios from the Statement of Financial Position

For The Year Ended 31 March 2007 Ratios from the Statement of Financial Position Profitability Ratios Return on Sales Ratio (%) This is the difference between what a business takes in and what it spends

### a. venture financing typically goes to established large companies with impressive histories

Review of Lecture 6 Quiz and Test Questions 1. BS17 Which statement about a venture capitalist is most accurate? a. venture financing typically goes to established large companies with impressive histories

### Your Guide to Profit Guard

Dear Profit Master, Congratulations for taking the next step in improving the profitability and efficiency of your company! Profit Guard will provide you with comparative statistical and graphical measurements

### Paper F9. Financial Management. Friday 6 December 2013. Fundamentals Level Skills Module. The Association of Chartered Certified Accountants

Fundamentals Level Skills Module Financial Management Friday 6 December 2013 Time allowed Reading and planning: Writing: 15 minutes 3 hours ALL FOUR questions are compulsory and MUST be attempted. Formulae

### ntroductiorito MANAGERIAL ACCOUNTING McGraw-Hill Irwin Professor Miami University Professor Emeritus, Brigham Young University

ntroductiorito MANAGERIAL ACCOUNTING N Professor Miami University Professor Emeritus, Brigham Young University Professor Emeritus, University of Washington McGraw-Hill Irwin CONTENTS PROLOGUE Managerial

### Case Study: Alex Charter School Gordon Johnson, California State University, Northridge, USA Raj Kiani, California State University, Northridge, USA

Case Study: Alex Charter School Gordon Johnson, California State University, Northridge, USA Raj Kiani, California State University, Northridge, USA ABSTRACT This case discusses issues associated with

### Sherry J. Roberts PEARSON

1 Personal Financial I Literacy H MikfJ - f.a-vc H Sherry J. Roberts PEARSON 1 Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich

### The Lee Kong Chian School of Business Academic Year 2015 /16 Term 1

The Lee Kong Chian School of Business Academic Year 2015 /16 Term 1 FNCE101 FINANCE Instructor : Dr Chiraphol New Chiyachantana Tittle : Assistant Professor of Finance (Education) Tel : 6828 0776 Email

### Completed Journals Test. What are the advantages of using special journals?

Advanced Accounting 1 Career Opportunities Recognize the different Workbook types of jobs. Define the education required for each. September Special Journals Discounts Bank Statement Journalize entries

### EASTERN ARIZONA COLLEGE Financial Management

EASTERN ARIZONA COLLEGE Financial Management Course Design 2013-2014 Course Information Division Business Course Number SBM 211 Title Financial Management Credits 3 Developed by Mike Fox Lecture/Lab Ratio

### Frequently Used Formulas for Managing Operations

Frequently Used Formulas for Managing Operations Chapter 1 - Hospitality Industry Accounting Revenue Expenses = Profit Assets = Liabilities + Owners Equity Chapter 2 - Accounting Fundamentals Review Assets

### Computing Liquidity Ratios Current Ratio = CA / CL 708 / 540 = 1.31 times Quick Ratio = (CA Inventory) / CL (708 422) / 540 =.53 times Cash Ratio =

1 Computing Liquidity Ratios Current Ratio = CA / CL 708 / 540 = 1.31 times Quick Ratio = (CA Inventory) / CL (708 422) / 540 =.53 times Cash Ratio = Cash / CL 98 / 540 =.18 times 2 Computing Leverage

### Options for Distressed Technology Companies: Turnaround, Sale or Liquidation

Options for Distressed Technology Companies: Turnaround, Sale or Liquidation In challenging times, many technology start-up companies need to carefully consider their realistic economic options. April,

### FINANCIAL MANAGEMENT

100 Arbor Drive, Suite 108 Christiansburg, VA 24073 Voice: 540-381-9333 FAX: 540-381-8319 www.becpas.com Providing Professional Business Advisory & Consulting Services Douglas L. Johnston, II djohnston@becpas.com

### Identify how changes in volume affect costs

Chapter 18 Identify how changes in volume affect Total variable change in direct proportion to changes in the volume of activity Unit variable cost remains constant Units produced 3 5 Total direct materials

### Session 5.2 Financial Sustainability, Financial Due Diligence, and Institutional Sustainability

Session 5.2 Financial Sustainability, Financial Due Diligence, and Institutional Sustainability Introductory Course on Economic Analysis of Investment Projects 3 July 2009 Financial Due Diligence Elements

### REC 3033 Commercial Recreation and Tourism. Class Week 12. The Dollars and Sense of Your Business. Preparation of Proforma Statements

REC 3033 Commercial Recreation and Tourism Class Week 12 The Dollars and Sense of Your Business Tourism operators not making large sums of money Tourism Canada Study (1995) average adventure travel operator

### Module 2: Preparing for Capital Venture Financing Building Pro-Forma Financial Statements

Module 2: Preparing for Capital Venture Financing Building Pro-Forma Financial Statements Module 2: Preparing for Capital Venture Financing Building Pro-Forma Financial Statements TABLE OF CONTENTS 1.0

### Objective and General Principles

C. PLANNING AND RISK ASSESSMENT 1. Objective and General principles 2. Understanding the entity and its environment 3. Assessing the risks of material misstatement and fraud 4. Analytical procedures 5.

### PBL: Financial Concepts. Competency: Financial Instruments and Institutions

Competency: Financial Instruments and Institutions 1. Describe the standard and unique features of the following securities: bills, notes, bonds, zeros, and muni s. 2. Demonstrate an understanding of negotiable

### Calculating profitability indicators - profitability

Calculating profitability indicators - profitability Introduction When a business is deciding whether to grant credit to a potential customer, or whether to continue to grant credit terms to an existing

### Performance Review for Electricity Now

Performance Review for Electricity Now For the period ending 03/31/2008 Provided By Mark Dashkewytch 780-963-5783 Report prepared for: Electricity Now Industry: 23821 - Electrical Contractors Revenue:

### MBA Data Analysis Pad John Beasley

1 Marketing Analysis Pad - 1985 Critical Issue: Identify / Define the Problem: Objectives: (Profitability Sales Growth Market Share Risk Diversification Innovation) Company Mission: (Source & Focus for

### Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used:

Financial Ratios Financial ratios are useful indicators of a firm's performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios

### Financial. Management FOR A SMALL BUSINESS

Financial Management FOR A SMALL BUSINESS Welcome 1. Agenda 2. Ground Rules 3. Introductions FINANCIAL MANAGEMENT 2 Objectives Explain the concept of financial management and its importance to a small

### ACCOUNTING FOR NON-ACCOUNTANTS

Deutsch and Chikarovski's ACCOUNTING FOR NON-ACCOUNTANTS A Question and Answer Handbook Robert Deutsch and Kris Chikarovski THE FEDERATION PRESS 2012 Preface - x Who is this book for? x What is in this

### Management Accounting (F2/FMA) September 2015 (for CBE exams from 23 September 2015) to August 2016

Management Accounting (F2/FMA) September 2015 (for CBE exams from 23 September 2015) to August 2016 This syllabus and study guide are designed to help with teaching and learning and is intended to provide

### Chapter 17: Financial Statement Analysis

FIN 301 Class Notes Chapter 17: Financial Statement Analysis INTRODUCTION Financial ratio: is a relationship between different accounting items that tells something about the firm s activities. Purpose

### Topic 4 Working Capital Management. 1. Concept of Working Capital 2. Measuring Working Capital and Net Working Capital. 4.

Topic 4 Working Capital Management 1. Concept of Working Capital 2. Measuring Working Capital and Net Working Capital 3. Optimization i i of Working Capital 4. Applications 80 Learning objectives This

### Mc Graw Hill Education

Managerial Accounting for Managers F o u r t h Edition Eric W. Noreen, Ph.D., CMA Professor Emeritus University of Washington Peter C. Brewer, Ph.D. Wake Forest University Ray H. Garrison, D.B.A., CPA

### Accounting. Draft GCE AS and A level subject content

Accounting Draft GCE AS and A level subject content September 2015 Contents The content for AS and A level accounting 3 Introduction 3 Aims and objectives 3 Subject content 4 Knowledge and understanding

### Essential Learning for CTP Candidates TEXPO Conference 2016 Session #03

TEXPO Conference 2016: Essential Learning for CTP Candidates Session #3 (Mon.1:45 3:00 pm) Overview of Basic CTP Math from ETM4 Chap 07: Earnings Credits Chap 09: Working Capital Chap 18: Fin. Statements

Accounting For Your Small Business Overview: Overview of accounting topics for small business, including accounting principles, p budgets and payroll. *1.0 CAS Basic Accounting For Small Businesses Renee

### Rating Methodology by Sector. Life Insurance

Last Updated: July 1, 2013 Rating Methodology by Sector Life Insurance The following mainly applies to life insurance companies in Japan. The credit ratings of a life insurance company is assessed by focusing

### -CMA Learning System, version 3.0 Part 2: Financial Decision Making The University of Georgia- Instructor-led Classroom Syllabus

1 Course Introduction Introduction to CMA Credential and CMA Learning System Section A: Financial Statement Analysis Topic 1: Basic Financial Statement Analysis Topic 2: Financial Performance Metrics Financial

### PROFITCENTS ANALYTICAL PROCEDURES EXPECTED VALUE METHODOLOGY

PROFITCENTS ANALYTICAL PROCEDURES EXPECTED VALUE METHODOLOGY INTRODUCTION This document includes an analysis of the projection methodology used in ProfitCents Analytical Procedures in calculating expectations

### Rural Loan Financial Indicator Ratios 1

Rural Loan Financial Indicator Ratios 1 The parameters used in loan analysis describe and compare the situation of a business or project. None in itself is complete but when several are used together,

### Financial Ratio Analysis A GUIDE TO USEFUL RATIOS FOR UNDERSTANDING YOUR SOCIAL ENTERPRISE S FINANCIAL PERFORMANCE

Financial Ratio Analysis A GUIDE TO USEFUL RATIOS FOR UNDERSTANDING YOUR SOCIAL ENTERPRISE S FINANCIAL PERFORMANCE December 2013 Acknowledgments This guide and supporting tools were developed by Julie

### Total 100 All learning outcomes must be evidenced; a 10% aggregate variance is allowed.

Prescription: 603 Business Finance Elective prescription Level 6 Credit 20 Version 2 Aim Prerequisites Recommended prior knowledge Students will apply financial management knowledge and skills to small

### Management Accounting (F2/FMA) February 2013 to January 2014

Management Accounting (F2/FMA) February 2013 to January 2014 This syllabus and study guide is designed to help with teaching and learning and is intended to provide detailed information on what could be

### Financial Planning for East Coast Yachts

Financial Planning for East Coast Yachts Prepared for East Coast Yachts Prepared by Dan Ervin, Mary-Ann Lawrence, Kevin Klepacki, Katie Wilson, Andrew Wright January 1, 2010 Table of Contents iii Table

### Unit 2: Finance for Business

Unit 2: Finance for Business Level: 1 and 2 Unit type: Core Guided learning hours: 30 Assessment type: External Unit introduction All businesses have to spend money before they can make a profit, and when

### Liquidity and Working Capital Analysis

8 Lecture Liquidity and Working Capital Analysis Liquidity and Working Capital Operating Activity Additional Liquidity Measures Current assets Current Liabilities Working Capital Current ratio Cash-based

The Business Plan How To Write It A business plan has nine key sections. Within each of the following sections there is a list of points that should be covered fully backed up with detailed information

### Accounting Practice Questions

Accounting Practice Questions 1) The fundamental accounting equation states that: a) assets = liabilities + owner s equity b) assets = liabilities + drawings c) assets = liabilities + net income d) assets

### ACG 3024 Accounting for Non-Financial Majors Homework Portfolio Study Guide

ACG 3024 Accounting for Non-Financial Majors Homework Portfolio Study Guide These are similar questions with the answers to help guide you when preparing the Homework Portfolio that you will upload to

### neifa John J. Wild Ken W. Shaw McGraw-Hill Irwin edition University of Wisconsin at Madison University of Missouri at Columbia

neifa edition John J. Wild University of Wisconsin at Madison Ken W. Shaw University of Missouri at Columbia McGraw-Hill Irwin 1 Managerial Accounting Concepts and Principles 2 Managerial Accounting Basics