A not-for-profit organization should prepare the following internal statements: statement of financial position (balance sheet) and statement of activity (income statement). This chapter illustrates the various elements of a statement of financial position and statement of activity. The cash accounting ...
In fact, if the amount of financial data is not large enough to use a database, Excel can still handle the creation of financial statements. But if it involves a database, especially when financial data is scattered in various financial and business systems, it is more recommended to use a...
1. Introduction to Financial Statements 2. Analysing Income Statement 3. Revenue 4. Other Income 5. Expenses 6. Calculate Depreciation 7. Net Profit 8. Basic Proforma of Income Statement 9. Analysing a Balance Sheet 10. Assets 11. Liabilities 12. Shareholders’ Equity 13. Analysing the Cash...
1.3Understanding financial statements The measurement of liquidity creation requires the use of detailedfinancial statementdata with which many readers may not be very familiar. For this reason,Chapter 3examines differences among the financial statements of a large nonfinancial firm, a large commercial ba...
This module will introduce you to the basics of financial statements by emphasizing the links between accounting, measurement, and financial statements. WEEK 2 Assets – What Do You Own? This module will explain the basics of the balance sheet, provide a working definition of assets, and give ...
Banks operate differently than nonfinancial companies. They have contrasting business models, goals, revenue sources, and risks. These differences are reflected in their financial statements, mainly on their balance sheet and income statement. Understanding these line items is important inanalyz...
The legislation that governs the creation and operations of large, noncorporate organizations generally requires that their published financial statements must also be audited, either by external auditors or by specially created auditing bodies, often in a way that also considers organizational ...
Then we will learn to build an advanced bankruptcy model from scratch, incorporating bankruptcy specific elements like DIP financing, the creation of liabilities subject to compromise, working capital drivers, cancellation of debt income, and Fresh Start accounting. We conclude the course with valuation...
In this study, business intelligence refers to the set of strategies, applications, data, products, technologies, which are focused on the administration and creation of knowledge about the medium, through the analysis of existing data in an organisation or company, to facilitate the taking of deci...
International Financial Reporting Standards (IFRS) are a set of accounting rules for the financial statements of public companies that are intended to make them consistent, transparent, and easily comparable around the world. IFRS currently has complete profiles for 168 jurisdictions, including those in...