Financial Accounting II – University notes

Financial Accounting II

TABLE OF CONTENTS

PARTNERSHIP ACCOUNTS

  • Appropriation A/C
  • Current Accounts
  • Appropriation Account
  • Partnership Loans
  • Balance Sheet
  • Fixed Assets
  • Valuation of Goodwill
  • Capital Accounts
  • Partner’s Capital Accounts
  • Revaluation
  • Current Assets

COMPANY ACCOUNTS

  • Types of Companies
  • The Balance Sheet
  • Types of Shares
  • Accounts of Companies

THE ACCOUNTS OF NON-PROFIT ORGANISATIONS

  • Sources of Income for Non-Profit Organisations
  • Funds of Non-Profit Organisations
  • The Receipts and Payments Account
  • Membership Subscriptions
  • Subscriptions Account
  • Accounting For the Sale of Investments and Long-Term Assets
  • Income Statements

CASH FLOW STATEMENTS

  • IAS 7 Cash Flow Statements
  • Objectives of IAS 7
  • Benefits of Cash Flow Information
  • Cash and Cash Equivalents
  • Presentation of a Cash Flow Statement
  • Operating Activities
  • Investing Activities
  • Financing
  • Reporting Cash Flows from Operating Activities
  • Using the Direct Method
  • Using the Indirect Method
  • Indirect Versus Direct
  • Interest and Dividends
  • Preparing Cash Flow Statement
  • Working: Non-Current Asset Disposals
  • Cost
  • Accumulated Depreciation
  •  Capital and Reserves
  • Notes to the Cash Flow Statement
  • The Advantages of Cash Flow Accounting
  • Criticisms of IAS 7

INTERPRETATION OF FINANCIAL STATEMENTS

  • The Broad Categories of Ratio
  • Profitability and Return on Capital
  • Capital Employed
  • Return on Equity (ROE)
  • Analyzing Profitability and Return in More Detail: The Secondary Ratios
  • Profit Margin
  • Long-Term Solvency: Debt and Gearing Ratios
  • Gearing/Leverage
  • The Implications of High or Low Gearing/Leverage
  • Interest Cover
  • Cash Flow Ratio
  • Short-Term Solvency and Liquidity
  • The Cash Cycle
  • Liquidity Ratios: Current Ratio and Quick Ratio
  • Efficiency Ratios: Control of Receivables and Inventories  77
  • P/E Ratio
  • Dividend Yield

0 Replies to “Financial Accounting II – University notes”

Leave a Reply

Your email address will not be published. Required fields are marked *