財(cái)務(wù)管理-測(cè)量現(xiàn)金流量課件

CHAPTER17MeasuringCashFlows第17章測(cè)量現(xiàn)金流量CHAPTER171KeyTermsIntroducedorEmphasizedinChapter17KeyTerms2Accrualbasis(p.762)Amethodofsummarizingoperatingresultsintermsofrevenueearnedandexpensesincurred,ratherthancashreceiptsorcashpayments.KeyTermsAccrualbasis(p.762)Ameth3應(yīng)計(jì)基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種方法以收入的實(shí)現(xiàn)和費(fèi)用的發(fā)生、而不是以現(xiàn)金的收入或支出為計(jì)量經(jīng)營(yíng)結(jié)果的依據(jù)。KeyTerms應(yīng)計(jì)基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種方法以收入的實(shí)現(xiàn)42.Cashbasis(p.770)Thepracticeofsummarizingoperatingresultsintermsofcashreceiptsandcashpayments,ratherthanrevenueearnedorexpensesincurred.KeyTerms2.Cashbasis(p.770)Thepra5KeyTerms現(xiàn)金基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種方法以現(xiàn)金的收入或的支出、而不是收入的實(shí)現(xiàn)和費(fèi)用的發(fā)生為計(jì)量經(jīng)營(yíng)結(jié)果的依據(jù)。KeyTerms現(xiàn)金基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種63.Cashequivalents(p.765)Highlyliquidshort-terminvestments,suchasTreasurybills,moneymarketfunds,andcommercialpaper.Forpurposesofpreparingastatementofcashflows,moneyheldincashequivalentsisstillviewedas“cash.”Thus,transfersbetweenabankaccountandcashequivalentsarenotconsideredreceiptsordisbursementsofcash.KeyTerms3.Cashequivalents(p.765)H7KeyTerms現(xiàn)金等價(jià)物：流動(dòng)性強(qiáng)的短期投資，比如國(guó)庫(kù)券、金融市場(chǎng)資金和商業(yè)匯票。為了編制現(xiàn)金流量表的需要，現(xiàn)金等價(jià)物被視為“現(xiàn)金“。因此，在銀行帳戶和現(xiàn)金等價(jià)物之間的調(diào)轉(zhuǎn)就不被認(rèn)為是現(xiàn)金的收入或支付。KeyTerms現(xiàn)金等價(jià)物：流動(dòng)性強(qiáng)的短期投資，比如國(guó)庫(kù)券84.Cashflows(p.762)Atermdescribingbothcashreceipts(inflows)andcashpayments(outflows).KeyTerms4.Cashflows(p.762)Aterm9KeyTerms現(xiàn)金流量：一個(gè)用于描述現(xiàn)金收（流入）和現(xiàn)金支付（流出）的詞匯。KeyTerms現(xiàn)金流量：一個(gè)用于描述現(xiàn)金收（流入）和現(xiàn)金105.Directmethod(p.773)Amethodofreportingnetcashflowfromoperatingactivitiesbylistingspecifictypesofcashinflowsandoutflows.ThisisthemethodrecommendedbytheFASB,buttheindirectmethodisanacceptablealternative.KeyTerms5.Directmethod(p.773)Ame11KeyTerms直接法：一種用于報(bào)告經(jīng)營(yíng)活動(dòng)凈現(xiàn)金流量的方法。這一方法是通過(guò)列示現(xiàn)金流入和流出的具體類型來(lái)列示經(jīng)營(yíng)現(xiàn)金流量的。FASB推薦使用這種方法，但是間接法也是一種可接受的替代方法。KeyTerms直接法：一種用于報(bào)告經(jīng)營(yíng)活動(dòng)凈現(xiàn)金流量的方126.Financingactivities(p.764)Transactionssuchasborrowing,repayingborrowedamounts,raisingequitycapital,ormakingdistributiontoowners.Thecasheffectsofthesetransactionsarereportedinthefinancingactivitiessectionofofastatementofcashflows.Noncashaspectsofthesetransactionsaredisclosedinasupplementaryschedule.KeyTerms6.Financingactivities(p.7613KeyTerms籌資活動(dòng)：是指借款、償還借款、獲得權(quán)益資本或是向所有者分配等交易活動(dòng)。這些交易的現(xiàn)金影響在現(xiàn)金流量表的籌資活動(dòng)部分報(bào)告；非現(xiàn)金影響在一個(gè)補(bǔ)充資料中披露。KeyTerms籌資活動(dòng)：是指借款、償還借款、獲得權(quán)益資本147.Freecashflow(p.777)Theportionoftheannualnetcashflowfromoperatingactivitiesthatremainsavailablefordiscretionarypurposes,afterthebasicobligationsofthebusinesshavebeenmet.Canbecomputedinseveraldifferentways.KeyTerms7.Freecashflow(p.777)The15KeyTerms自由現(xiàn)金流量：在經(jīng)營(yíng)活動(dòng)年凈現(xiàn)金流量中，企業(yè)在滿足其經(jīng)營(yíng)活動(dòng)的基本要求后，仍可自由支配的的部分。這一指標(biāo)可用多種不同的方法計(jì)算。KeyTerms自由現(xiàn)金流量：在經(jīng)營(yíng)活動(dòng)年凈現(xiàn)金流量中，企168.Indirectmethod(p.774)Aformatofreportingnetcashflowfromoperatingactivitiesthatreconcilesthisfigurewiththeamountofnetincomeshownintheincomestatement.Analternativetothedirectmethod.KeyTerms8.Indirectmethod(p.774)A17KeyTerms間接法：一種報(bào)告經(jīng)營(yíng)現(xiàn)金凈流量的方法。使用間接法是將利潤(rùn)表中的凈利潤(rùn)調(diào)節(jié)為經(jīng)營(yíng)活動(dòng)現(xiàn)金凈流量。這是直接法的一個(gè)替代方法。KeyTerms間接法：一種報(bào)告經(jīng)營(yíng)現(xiàn)金凈流量的方法。使用189.Investingactivities(p.764)Transactionsinvolvingacquisitionsorsalesofinvestmentsorplantassets.Thecashaspectsofthesetransactionsareshownintheinvestingactivitiessectionofastatementofcashflows.Noncashaspectsofthesetransactionsaredisclosedinasupplementaryscheduletothisfinancialstatement.KeyTerms9.Investingactivities(p.7619KeyTerms投資活動(dòng)：指涉及取得或銷售投資或固定資產(chǎn)的交易。這類交易的現(xiàn)金影響在現(xiàn)金流量表中的投資活動(dòng)中顯示;它們的非現(xiàn)金影響在現(xiàn)金流量表的一個(gè)補(bǔ)充資料中披露。KeyTerms投資活動(dòng)：指涉及取得或銷售投資或固定資產(chǎn)的2010.Operatingactivities(p.764)Transactionsenteringintothedeterminationofnetincome,withtheexceptionofgainsandlossesrelatingtofinancingorinvestingactivities.Thecategoryincludessuchtransactionsassellinggoodsorservices,earninginvestmentincome,andincurringcostsandexpenses.Thecasheffectsofthesetransactionsarereflectedintheoperatingactivitiessectionofastatementofcashflows.KeyTerms10.Operatingactivities(p.721KeyTerms經(jīng)營(yíng)活動(dòng)：用于確定除籌資或投資活動(dòng)產(chǎn)生的收益或損失外的凈利潤(rùn)的交易活動(dòng)。在這類活動(dòng)中包括銷售商品或提供勞務(wù)，獲得投資收益和成本費(fèi)用發(fā)生等交易活動(dòng)。這些交易的現(xiàn)金影響在現(xiàn)金流量表中的經(jīng)營(yíng)活動(dòng)部分反映。KeyTerms經(jīng)營(yíng)活動(dòng)：用于確定除籌資或投資活動(dòng)產(chǎn)生的收22LearningObjectives(1-3)Explainthepurposeandusefulnessofastatementofcashflows.Describehowcashtransactionsareclassifiedwithinastatementofcashflows.Computethemajorcashflowsrelatingtooperatingactivities.LearningObjectives(1-3)Expla23LearningObjectives(4-6)4.Explainwhynetincomediffersfromnetcashflowfromoperatingactivities.5.Distinguishbetweenthedirectandindirectmethodsofreportingoperatingcashflow.6.Computethecashflowsrelatingtoinvestingandfinancingactivities.LearningObjectives(4-6)4.Ex24LearningObjectives(7-9)7.ExplainwhyandhowNoncashinvestingandfinancingactivitiesaredisclosedinastatementofcashflows*8.Computenetcashflowfromoperatingactivitiesusingtheindirectmethod.**9.ExplaintheroleofaworksheetinpreparingastatementofcashflowsLearningObjectives(7-9)7.Exp25LO1:Explainthepurposeandusefulnessofastatementofcashflows.LO1:Explainthepurposeandus26PurposeoftheStatementofCashFlowsThepurpose:

toprovideinformationaboutthecashreceiptsandcashpaymentsofabusinessentityduringtheaccountingperiod.(thebasicpurpose)toprovideinformationaboutalltheinvestingandfinancingactivitiesofthecompanyduringtheperiod.PurposeoftheStatementofCa27Usefulnessofthisstatement(1)Assistinginvestors,creditors,andothersinassessingthefollowingfactors:Thecompany’sabilitytogeneratepositivecashflowsinfutureperiodsThecompany’sabilitytomeetitsobligationsandtopaydividends.Reasonsfordifferencesbetweentheamountofnetincomeandtherelatednetcashflowfromoperatingactivities.Usefulnessofthisstatement(128Usefulnessofthisstatement(2)

Boththecashandnoncashaspectsofthecompany’sinvestmentandfinancingtransactionsfortheperiod.Causesofthechangeintheamountofcashandcashequivalentsbetweenthebeginningandtheendoftheaccountingperiod.Usefulnessofthisstatement(229

ExampleofastatementofcashflowsSeeP763Question:

ComparedwiththestatementofcashflowsofChinainuse,trytopointoutthemajordifferencebetweenthem.

Exampleofastatementofcas30LO2:Describehowcashtransactionsareclassifiedwithinastatementofcashflows.LO2:Describehowcashtransact31ClassificationofCashFlows(1)Operatingactivities:

Cashreceipts:

collectionsfromcustomersforsalesofgoodsandservicesInterestanddividendsreceivedOtherreceiptsfromoperations.Cashpayments:Paymentstosuppliersofmerchandiseandservices,includingpaymentstoemployeesPaymentsofinterestPaymentsofincometaxesOtherexpendituresrelatingtooperations.ClassificationofCashFlows(132ClassificationofCashFlows(2)InvestingactivitiesCashreceipts:Cashproceedsfromsellinginvestmentsorplantassets.CashproceedsfromcollectingprincipalamountsonloansCashpayments:PaymentstoacquireinvestmentsorplantassetsAmountsadvancedtoborrowers.ClassificationofCashFlows(233ClassificationofCashFlows(3)FinancingactivitiesCashreceipts:Proceedsfrombothshort-termandlong-termborrowingCashreceivedfromowners.Cashpayments:Repaymentsofamountsborrowed(excludinginterestpayments)Paymentstoowners,suchasdividends.ClassificationofCashFlows(334NotesfortheClassificationPaymentsofaccruedliabilitiesisclassifiedasoperatingactivities.Thereceiptsandpaymentsofinterestareclassifiedasoperatingactivities.Thereceiptsofdividendsisclassifiedasoperatingactivities,thepaymentsofdividendsisclassifiedasfinancingactivities.Question:whyarereceiptsandpaymentsofinterest“operatingactivities”.NotesfortheClassificationPa35CashandCashEquivalentsCashequivalentsareshort-termhighlyliquidinvestments,suchasmoneymarketfunds,commercialpaper,andTreasurybills.Transfersofmoneybetweenacompany’sbankaccountsandthesecashequivalentsarenotviewedascashreceiptsorcashpayments.Marketablesecuritiesdonotqualifyascashequivalents.CashandCashEquivalentsCash36CriticalimportanceofcashflowfromO.A.Inthelongrun,abusinessmustgenerateapositivenetcashflowfromitsoperatingactivitiesifthebusinessistosurvive.Otherwisethebusinesswillnotbeabletoraisecashfromothersourcesindefinitely.Theabilityofabusinesstoraisecashthroughfinancingactivitiesishighlydependentuponitsabilitytogeneratecashfromitsoperatingactivities.Criticalimportanceofcashfl37TwoapproachestopreparethestatementofcashflowsApproach1:Directlyfromthespecialjournalsforcashreceiptsandcashpayments.Higheraccuracy,lowerefficiencyApproach2:Byexaminingtheincomestatementandthechangesduringtheperiodinallofbalancesheetaccountsexceptforcash.Higherefficiency,loweraccuracyTwoapproachestopreparethe38LO3:Computethemajorcashflowsrelatingtooperatingactivities.

LO3:Computethemajorcashflo39Preparingastatementofcashflows—operatingactivities(1)Cashreceivedfromcustomers=netsales+decreaseinaccountsreceivable(-increaseinaccountsreceivable)Interestreceived=interestrevenue+decreaseininterestreceivable(-increaseininterestreceivable)Dividendsusuallyrecordedoncashbasis.Preparingastatementofcash40Preparingastatementofcashflows—operatingactivities(2)Cashpaymentsforpurchases=costofgoodssold+increaseininventory(-decrease)and+decreaseinaccountspayable(-increase)Cashpaymentsforexpenses=expenses–depreciationandothernoncashexpensesand+increaseinrelatedprepayments(-decrease)and+decreaseinrelatedaccruedliabilities(-increase)Preparingastatementofcash41LO4:Explainwhynetincomediffersfromnetcashflowfromoperatingactivities.

LO4:Explainwhynetincomedi42Differencesbetweennetincomeandnetcashflowfromoperatingactivities

Noncashexpenses,suchasdepreciationexpense.TimingdifferencesbetweennetincomeandnetcashflowfromoperationsNonoperatinggainsandlosses.Differencesbetweennetincome43財(cái)務(wù)管理-測(cè)量現(xiàn)金流量課件44Directmethodandindirectmethod

Directmethod:showsthespecificcashinflowsandoutflowscomprisingtheoperatingactivitiesofthebusiness.Indirectmethod:reconcilesnetincomewiththenetcashflowfromoperatingactivities.Bothmethodsresultinthesamenetcashflowfromoperatingactivities.FASBprefersthedirectmethod,however,theindirectmethodisallowedtobealternatiove.Directmethodandindirectmet45ThegeneralformatofreconcilingthenetincomewithnetcashflowfromoperationsNetincome:Add:Expensesthatdonotrequirecashoutlaysintheperiod;(apportionmentofrelatedcostsornoncashexpenses/accruedexpensesorliabilities)Operatingcashinflowsnotrecordedasrevenueintheperiod;NonoperatinglossesdeductedinthedeterminationofnetincomeLess:Revenuethatdoesnotresultincashinflowsintheperiod.(apportionmentofunearnedrevenue/accruedrevenueorassets)OperatingcashoutflowsnotrecordedasexpenseintheperiodNonoperatinggainsincludedinthedeterminationofnetincomeExample:see778.Thegeneralformatofreconcil46

LO6:Computethecashflowsrelatingtoinvestingandfinancingactivities.

LO6:Computethecashflows47Preparingastatementofcashflows—investingactivitiesMuchinformationaboutinvestingactivitiescanbeobtainedsimplybylookingatthechangesintherelatedassetaccountsduringtheyear.Debitentriesinrelatedassetaccountsrepresentpurchasesofassets,orcashoutlays.creditentriesinrelatedassetaccountsrepresentonlythecost(orbookvalue)oftheassetssold.Todeterminethecashproceedsfromthesesalestransactions,adjustmentsmustbemadeofthegainsorlossesrecognizedonthesales.Preparingastatementofcash48Preparingastatementofcashflows—financingactivitiesCashflowsfromfinancingactivitiesaredeterminedbyanalyzingthedebitandcreditchangesrecodedduringtheperiodintherelatedliabilityandstockholders’equityaccounts.Ingeneralsense,thedebitchangesrepresentcashpayments；thecreditchangesrepresentcashreceipts.Financingactivitiesseldominvolvegainsorlosses,thusthedebitorcreditchangesinthebalancesheetaccountsusuallyareequaltotheamountsoftherelatedcashflows.Note:theearlyretirementofdebtmayresultinagainorloss.Preparingastatementofcash49

LO7:ExplainwhyandhowNoncashinvestingandfinancingactivitiesaredisclosedinastatementofcashflows

LO7:ExplainwhyandhowNonc50whyandhowNoncashinvestingandfinancingactivitiesaredisclosedinastatementofcashflowsOnepurposeofthestatementofcashflowsistoprovideinformationaboutallinvestingandfinancingactivities.Therefore,iftheseactivitieshave“noncash”elements,suchastheissuanceofcapitalstockinexchangeforland,thenoncashexpectsofthetransactionsaredisclosedinasupplementaryschedulethataccompaniesthestatementofcashflows.Illustration:see775whyandhowNoncashinvesting51Relationshipbetweenthestatementofcashflowsandthebalancesheet.Thestatementofcashflowsexplainsinsomedetailthechangesin“Cashandcashequivalents”accountfromonebalancesheetdatetothenext.Relationshipbetweenthestate52Supplementaryscheduleofthisstatement(1)SupplementaryScheduleAillustratesthedeterminationofnetcashflowfromoperatingactivitiesbytheindirectmethod.Thepurposeofthisscheduleistoexplainthedifferencesbetweenthereportednetincomeandthenetcashflowfromoperatingactivities.Supplementaryscheduleofthis53Supplementaryscheduleofthisstatement(2)SupplementaryScheduleBdisclosesany“noncash”aspectsofthecompany’sinvestingandfinancingactivities.Thistypeofsupplementaryscheduleisrequiredwheneversomeaspectsofthecompany’sinvestingandfinancingactivitiesdonotcoincidewithcashflowsoccurringwithinthecurrentperiod.Supplementaryscheduleofthis54Usingthestatementofcashflows(1)Theusersofastatementofcashflowsthenetcashflowfromoperatingactivities.Itshowswhethertheamountislargeenoughtoprovidefornecessaryreplacementsofplantassetsandmaturingliabilities.Andwhetherthereisenoughleftforthecurrentdividendtolooksecure—orevenbeincreased.Usingthestatementofcashfl55Usingthestatementofcashflows(2)Evenmoreimportantthanthenetcashflowfromoperatingactivitiesinanyoneyearisthetrendinthiscashflowoveraperiodofyears—andtheconsistencyofthattrendfromyeartoyear.Thebestresultsareanetcashflowfromoperatingactivitiesthatincreaseseachyearbyasubstantial—butalsopredictable—percentage.Usingthestatementofcashfl56FreecashflowFreecashflowisintendedtorepresentthecashflowavailabletomanagementfordiscretionarypurposes,afterthecompanyhasmetallofitsbasicobligationsrelatingtobusinessoperations.Thereisnowidespreadagreementonwhatarethebasicobligationsrelatingtobusinessoperations.FreecashflowFreecashflowi57Annotatedstatementofcashflows:MCICorporationSee779Annotatedstatementofcashfl58

LO7:Computenetcashflowfromoperatingactivitiesusingtheindirectmethod

LO7:Computenetcashflowfr59ThespecificformatofreconcilingthenetincomewithnetcashflowfromoperationsSee783Thespecificformatofreconci60

LO9:Explaintheroleofaworksheetinpreparingastatementofcashflows

LO9:Explaintheroleofaw61

LO9:Explaintheroleofaworksheetinpreparingastatementofcashflows

LO9:Explaintheroleofaw62Theroleofworksheetinthepreparationofastatementofcashflows

Theworksheetcanformalizeanddocumenttheprocessofpreparingthestatementofcashflows.Theworksheetalsoprovidestheaccountantwithvisualassurancethatthechangesinbalancesheetaccountshavebeenfullyexplained.Illustrationofworksheetusedinthepreparationofstatementofcashflowsbytheindirectmethod:seeP786Theroleofworksheetinthep63ExercisesandproblemsExercise17-2Exercise17-4Exercise17-7Exercise17-8Problem17-1Problem17-2Problem17-4Problem17-5ExercisesandproblemsExercise64CHAPTER17MeasuringCashFlows第17章測(cè)量現(xiàn)金流量CHAPTER1765KeyTermsIntroducedorEmphasizedinChapter17KeyTerms66Accrualbasis(p.762)Amethodofsummarizingoperatingresultsintermsofrevenueearnedandexpensesincurred,ratherthancashreceiptsorcashpayments.KeyTermsAccrualbasis(p.762)Ameth67應(yīng)計(jì)基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種方法以收入的實(shí)現(xiàn)和費(fèi)用的發(fā)生、而不是以現(xiàn)金的收入或支出為計(jì)量經(jīng)營(yíng)結(jié)果的依據(jù)。KeyTerms應(yīng)計(jì)基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種方法以收入的實(shí)現(xiàn)682.Cashbasis(p.770)Thepracticeofsummarizingoperatingresultsintermsofcashreceiptsandcashpayments,ratherthanrevenueearnedorexpensesincurred.KeyTerms2.Cashbasis(p.770)Thepra69KeyTerms現(xiàn)金基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種方法以現(xiàn)金的收入或的支出、而不是收入的實(shí)現(xiàn)和費(fèi)用的發(fā)生為計(jì)量經(jīng)營(yíng)結(jié)果的依據(jù)。KeyTerms現(xiàn)金基礎(chǔ)：一種用于匯總經(jīng)營(yíng)結(jié)果的方法。這種703.Cashequivalents(p.765)Highlyliquidshort-terminvestments,suchasTreasurybills,moneymarketfunds,andcommercialpaper.Forpurposesofpreparingastatementofcashflows,moneyheldincashequivalentsisstillviewedas“cash.”Thus,transfersbetweenabankaccountandcashequivalentsarenotconsideredreceiptsordisbursementsofcash.KeyTerms3.Cashequivalents(p.765)H71KeyTerms現(xiàn)金等價(jià)物：流動(dòng)性強(qiáng)的短期投資，比如國(guó)庫(kù)券、金融市場(chǎng)資金和商業(yè)匯票。為了編制現(xiàn)金流量表的需要，現(xiàn)金等價(jià)物被視為“現(xiàn)金“。因此，在銀行帳戶和現(xiàn)金等價(jià)物之間的調(diào)轉(zhuǎn)就不被認(rèn)為是現(xiàn)金的收入或支付。KeyTerms現(xiàn)金等價(jià)物：流動(dòng)性強(qiáng)的短期投資，比如國(guó)庫(kù)券724.Cashflows(p.762)Atermdescribingbothcashreceipts(inflows)andcashpayments(outflows).KeyTerms4.Cashflows(p.762)Aterm73KeyTerms現(xiàn)金流量：一個(gè)用于描述現(xiàn)金收（流入）和現(xiàn)金支付（流出）的詞匯。KeyTerms現(xiàn)金流量：一個(gè)用于描述現(xiàn)金收（流入）和現(xiàn)金745.Directmethod(p.773)Amethodofreportingnetcashflowfromoperatingactivitiesbylistingspecifictypesofcashinflowsandoutflows.ThisisthemethodrecommendedbytheFASB,buttheindirectmethodisanacceptablealternative.KeyTerms5.Directmethod(p.773)Ame75KeyTerms直接法：一種用于報(bào)告經(jīng)營(yíng)活動(dòng)凈現(xiàn)金流量的方法。這一方法是通過(guò)列示現(xiàn)金流入和流出的具體類型來(lái)列示經(jīng)營(yíng)現(xiàn)金流量的。FASB推薦使用這種方法，但是間接法也是一種可接受的替代方法。KeyTerms直接法：一種用于報(bào)告經(jīng)營(yíng)活動(dòng)凈現(xiàn)金流量的方766.Financingactivities(p.764)Transactionssuchasborrowing,repayingborrowedamounts,raisingequitycapital,ormakingdistributiontoowners.Thecasheffectsofthesetransactionsarereportedinthefinancingactivitiessectionofofastatementofcashflows.Noncashaspectsofthesetransactionsaredisclosedinasupplementaryschedule.KeyTerms6.Financingactivities(p.7677KeyTerms籌資活動(dòng)：是指借款、償還借款、獲得權(quán)益資本或是向所有者分配等交易活動(dòng)。這些交易的現(xiàn)金影響在現(xiàn)金流量表的籌資活動(dòng)部分報(bào)告；非現(xiàn)金影響在一個(gè)補(bǔ)充資料中披露。KeyTerms籌資活動(dòng)：是指借款、償還借款、獲得權(quán)益資本787.Freecashflow(p.777)Theportionoftheannualnetcashflowfromoperatingactivitiesthatremainsavailablefordiscretionarypurposes,afterthebasicobligationsofthebusinesshavebeenmet.Canbecomputedinseveraldifferentways.KeyTerms7.Freecashflow(p.777)The79KeyTerms自由現(xiàn)金流量：在經(jīng)營(yíng)活動(dòng)年凈現(xiàn)金流量中，企業(yè)在滿足其經(jīng)營(yíng)活動(dòng)的基本要求后，仍可自由支配的的部分。這一指標(biāo)可用多種不同的方法計(jì)算。KeyTerms自由現(xiàn)金流量：在經(jīng)營(yíng)活動(dòng)年凈現(xiàn)金流量中，企808.Indirectmethod(p.774)Aformatofreportingnetcashflowfromoperatingactivitiesthatreconcilesthisfigurewiththeamountofnetincomeshownintheincomestatement.Analternativetothedirectmethod.KeyTerms8.Indirectmethod(p.774)A81KeyTerms間接法：一種報(bào)告經(jīng)營(yíng)現(xiàn)金凈流量的方法。使用間接法是將利潤(rùn)表中的凈利潤(rùn)調(diào)節(jié)為經(jīng)營(yíng)活動(dòng)現(xiàn)金凈流量。這是直接法的一個(gè)替代方法。KeyTerms間接法：一種報(bào)告經(jīng)營(yíng)現(xiàn)金凈流量的方法。使用829.Investingactivities(p.764)Transactionsinvolvingacquisitionsorsalesofinvestmentsorplantassets.Thecashaspectsofthesetransactionsareshownintheinvestingactivitiessectionofastatementofcashflows.Noncashaspectsofthesetransactionsaredisclosedinasupplementaryscheduletothisfinancialstatement.KeyTerms9.Investingactivities(p.7683KeyTerms投資活動(dòng)：指涉及取得或銷售投資或固定資產(chǎn)的交易。這類交易的現(xiàn)金影響在現(xiàn)金流量表中的投資活動(dòng)中顯示;它們的非現(xiàn)金影響在現(xiàn)金流量表的一個(gè)補(bǔ)充資料中披露。KeyTerms投資活動(dòng)：指涉及取得或銷售投資或固定資產(chǎn)的8410.Operatingactivities(p.764)Transactionsenteringintothedeterminationofnetincome,withtheexceptionofgainsandlossesrelatingtofinancingorinvestingactivities.Thecategoryincludessuchtransactionsassellinggoodsorservices,earninginvestmentincome,andincurringcostsandexpenses.Thecasheffectsofthesetransactionsarereflectedintheoperatingactivitiessectionofastatementofcashflows.KeyTerms10.Operatingactivities(p.785KeyTerms經(jīng)營(yíng)活動(dòng)：用于確定除籌資或投資活動(dòng)產(chǎn)生的收益或損失外的凈利潤(rùn)的交易活動(dòng)。在這類活動(dòng)中包括銷售商品或提供勞務(wù)，獲得投資收益和成本費(fèi)用發(fā)生等交易活動(dòng)。這些交易的現(xiàn)金影響在現(xiàn)金流量表中的經(jīng)營(yíng)活動(dòng)部分反映。KeyTerms經(jīng)營(yíng)活動(dòng)：用于確定除籌資或投資活動(dòng)產(chǎn)生的收86LearningObjectives(1-3)Explainthepurposeandusefulnessofastatementofcashflows.Describehowcashtransactionsareclassifiedwithinastatementofcashflows.Computethemajorcashflowsrelatingtooperatingactivities.LearningObjectives(1-3)Expla87LearningObjectives(4-6)4.Explainwhynetincomediffersfromnetcashflowfromoperatingactivities.5.Distinguishbetweenthedirectandindirectmethodsofreportingoperatingcashflow.6.Computethecashflowsrelatingtoinvestingandfinancingactivities.LearningObjectives(4-6)4.Ex88LearningObjectives(7-9)7.ExplainwhyandhowNoncashinvestingandfinancingactivitiesaredisclosedinastatementofcashflows*8.Computenetcashflowfromoperatingactivitiesusingtheindirectmethod.**9.ExplaintheroleofaworksheetinpreparingastatementofcashflowsLearningObjectives(7-9)7.Exp89LO1:Explainthepurposeandusefulnessofastatementofcashflows.LO1:Explainthepurposeandus90PurposeoftheStatementofCashFlowsThepurpose:

toprovideinformationaboutthecashreceiptsandcashpaymentsofabusinessentityduringtheaccountingperiod.(thebasicpurpose)toprovideinformationaboutalltheinvestingandfinancingactivitiesofthecompanyduringtheperiod.PurposeoftheStatementofCa91Usefulnessofthisstatement(1)Assistinginvestors,creditors,andothersinassessingthefollowingfactors:Thecompany’sabilitytogeneratepositivecashflowsinfutureperiodsThecompany’sabilitytomeetitsobligationsandtopaydividends.Reasonsfordifferencesbetweentheamountofnetincomeandtherelatednetcashflowfromoperatingactivities.Usefulnessofthisstatement(192Usefulnessofthisstatement(2)

Boththecashandnoncashaspectsofthecompany’sinvestmentandfinancingtransactionsfortheperiod.Causesofthechangeintheamountofcashandcashequivalentsbetweenthebeginningandtheendoftheaccountingperiod.Usefulnessofthisstatement(293

ExampleofastatementofcashflowsSeeP763Question:

ComparedwiththestatementofcashflowsofChinainuse,trytopointoutthemajordifferencebetweenthem.

Exampleofastatementofcas94LO2:Describehowcashtransactionsareclassifiedwithinastatementofcashflows.LO2:Describehowcashtransact95ClassificationofCashFlows(1)Operatingactivities:

Cashreceipts:

collectionsfromcustomersforsalesofgoodsandservicesInterestanddividendsreceivedOtherreceiptsfromoperations.Cashpayments:Paymentstosuppliersofmerchandiseandservices,includingpaymentstoemployeesPaymentsofinterestPaymentsofincometaxesOtherexpendituresrelatingtooperations.ClassificationofCashFlows(196ClassificationofCashFlows(2)InvestingactivitiesCashreceipts:Cashproceedsfromsellinginvestmentsorplantassets.CashproceedsfromcollectingprincipalamountsonloansCashpayments:PaymentstoacquireinvestmentsorplantassetsAmountsadvancedtoborrowers.ClassificationofCashFlows(297ClassificationofCashFlows(3)FinancingactivitiesCashreceipts:Proceedsfrombothshort-termandlong-termborrowingCashreceivedfromowners.Cashpayments:Repaymentsofamountsborrowed(excludinginterestpayments)Paymentstoowners,suchasdividends.ClassificationofCashFlows(398NotesfortheClassificationPaymentsofaccruedliabilitiesisclassifiedasoperatingactivities.Thereceiptsandpaymentsofinterestareclassifiedasoperatingactivities.Thereceiptsofdividendsisclassifiedasoperatingactivities,thepaymentsofdividendsisclassifiedasfinancingactivities.Question:whyarereceiptsandpaymentsofinterest“operatingactivities”.NotesfortheClassificationPa99CashandCashEquivalentsCashequivalentsareshort-termhighlyliquidinvestments,suchasmoneymarketfunds,commercialpaper,andTreasurybills.Transfersofmoneybetweenacompany’sbankaccountsandthesecashequivalentsarenotviewedascashreceiptsorcashpayments.Marketablesecuritiesdonotqualifyascashequivalents.CashandCashEquivalentsCash100CriticalimportanceofcashflowfromO.A.Inthelongrun,abusinessmustgenerateapositivenetcashflowfromitsoperatingactivitiesifthebusinessistosurvive.Otherwisethebusinesswillnotbeabletoraisecashfromothersourcesindefinitely.Theabilityofabusinesstoraisecashthroughfinancingactivitiesishighlydependentuponitsabilitytogeneratecashfromitsoperatingactivities.Criticalimportanceofcashfl101TwoapproachestopreparethestatementofcashflowsApproach1:Directlyfromthespecialjournalsforcashreceiptsandcashpayments.Higheraccuracy,lowerefficiencyApproach2:Byexaminingtheincomestatementandthechangesduringtheperiodinallofbalancesheetaccountsexceptforcash.Higherefficiency,loweraccuracyTwoapproachestopreparethe102LO3:Computethemajorcashflowsrelatingtooperatingactivities.

LO3:Computethemajorcashflo103Preparingastatementofcashflows—operatingactivities(1)Cashreceivedfromcustomers=netsales+decreaseinaccountsreceivable(-increaseinaccountsreceivable)Interestreceived=interestrevenue+decreaseininterestreceivable(-increaseininterestreceivable)Dividendsusuallyrecordedoncashbasis.Preparingastatementofcash104Preparingastatementofcashflows—operatingactivities(2)Cashpaymentsforpurchases=costofgoodssold+increaseininventory(-decrease)and+decreaseinaccountspayable(-increase)Cashpaymentsforexpenses=expenses–depreciationandoth