By Admin on May 15, 2010
We discuss all kinds of accounting questions, professional accounting theory and practice, including: finance, balance sheet, income statement and cash flow. And we recommend the good books and tools that can help you master accounting and finance more quickly. What our purpose is to help people know and learn accounting more easilier, understand and apply [...]
Posted in Blog |
By Admin on June 13, 2009
As known, applying an accounting manager job with good salary is not a easy project for most accountants, because of the hot competition. Many fresh graduates and the accountants whose work experience are within serveral years face big problems in the applying. The questions maybe: the poor work experience, less cases of operation, education or [...]
Posted in Blog | Tagged Job |
By Admin on May 25, 2009
Net cash flow from investing activities includes: that paid and received for property, plant and equipment and other non-current assets, interest and dividends received on investments. Through it, you can know the resources transferred in order to obtain the earning in the future and cash flow, and the cash inflows arising from the resources transferred [...]
Posted in Blog | Tagged Cash Flow |
By Admin on April 22, 2009
Goodwill has been defined as ‘the advantage, whatever it may be, which a person gets by continuing to carry on, and being ectitled to represent to the outside world that he is carrying on, a business which has been carried on for some time previously.’
Posted in Blog | Tagged Goodwill |
By Admin on April 15, 2009
The charge of depreciation can impact the net profit in the income statement, so the methods of calcuating depreciation is very important. Adopting different methods of calculation, the result will be different. And it’ll refer to the expense and tax in the income statement. Choosing the fit methods of calcuating depreciation, it need to be [...]
Posted in Blog | Tagged Depreciation |
By Admin on March 30, 2009
Depreciation is a method of applying the matching or accruals concept to the cost of non-current assets. A non-current asset is an asset intended ofr use on a continuing basis in the business. It can be sub-divided into tangible assets (plant, building, motor vehicles, etc.) and intangible assets (goodwill, patents, trademarks, etc.).
Posted in Blog | Tagged Assets |
By Admin on March 25, 2009
Net cash flow from financing activities comprise receipts or repayments of principal from or to external providers of finance. It can help the investors and creditors estimate the claim for the cash flow of the company in the future, and the price to obtain the cash inflows previously.
Posted in Blog | Tagged Cash Flow |
By Admin on March 25, 2009
As known, profit before tax is using the accruals concept, but net cash flow from operating activities only records the cash inflows and outflows according to the trading. Some operating activities impact profit before tax, but not operating cash flow, because of the the accruals concept.
Posted in Blog | Tagged Cash Flow |
By Admin on March 25, 2009
Firstly, we should analyse the structure of cash flow statement. As known, cash flow statement is divided into three parts: operating cash flow, investing cash flow and financing cash flow. And in operating cash flow, there’re two methods to prepare it: the direct and indirect method of cash flow. Secondly, when you’re analysing the cash [...]
Posted in Blog | Tagged Cash Flow |
By Admin on March 24, 2009
The balance sheet shows the financial situation of a company at a point in time (the balance sheet date), but the income statement reflects the operational results of the company over a period of time.
Posted in Blog | Tagged Balance sheet, Income statement |
