中级财务会计现金流量表PPT.ppt

Ratio Analysis Analysis includes an understanding that Financial statements report on the past. Single ratio by itself is not likely to be very useful. Awareness of the limitations of accounting numbers used in an analysis. LO 10 Identify major analytic ratios and describe their calculation. Ratio Analysis LO 10 Identify major analytic ratios and describe their calculation. Ratio Analysis Illustration 24A-1 LO 10 Identify major analytic ratios and describe their calculation. Ratio Analysis Illustration 24A-1 LO 10 Identify major analytic ratios and describe their calculation. Ratio Analysis Illustration 24A-1 LO 10 Identify major analytic ratios and describe their calculation. LO 10 Identify major analytic ratios and describe their calculation. Ratio Analysis Illustration 24A-1 LO 11 Explain the limitations of ratio analysis. Limitations of Ratio Analysis Based on historical cost. Use of estimates. Achieving comparability among firms in a given industry. Substantial amount of important information is not included in a company’s financial statements. LO 12 Describe techniques of comparative analysis. Comparative Analysis Illustration 24A-2 LO 13 Describe techniques of percentage analysis. Percentage (Common Size) Analysis Illustration 24A-3 LO 13 Describe techniques of percentage analysis. Percentage (Common Size) Analysis Illustration 24A-4 LO 14 Describe the current international accounting environment. The Present Environment Multinational corporations. Mergers and acquisitions. Information technology. Financial markets. LO 14 Describe the current international accounting environment. Reasons to Understand International Standards Convergence. Investors’ expectations Competitive factors LO 14 Describe the current international accounting environment. The Challenge of International Accounting High quality standards must Permit few alternative practices. Be clearly stated, to allow for easy interpretation and consistent application. Be comprehensive, cover