Cfa-22. Finanical Statement Analysis (Intro)

Front 1

Finacal Reporting

Back 1

provide a varietyof users with useful information about a company's performance and financial position.

Front 2

Balance Sheet

Back 2

The statement of financial position (财务报表) shows assets, liabilities, and owners' equity at a point in time.

assets = liabilities + owners' equity

Front 3

Asset

Back 3

资产
The resources controlled by the firm

Front 4

Liabilities

Back 4

负债
Amounts owed to lenders and other creditors

Front 5

Owners' Equity

Back 5

股东权益
the residual interest in the net assets of an entity that remains after decuting its liabilities.

Front 6

Income Statement

Back 6

利润表
it reports on the financial performance of the firm over a period of time. The elementsinclude:

revenues--inflows from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing major or central operations;

expenses--outflows from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing major or central operations;

gains;

losses;

Front 7

Statement of Changes in Equity

Back 7

reports the amount and sources of changes in the equity owners'investment in the firm.

Front 8

Statement of Cash Flows

Back 8

shows the sources and uses of cash over the period.

Front 9

Management's Commentary

Back 9

contains an overview of the company and important information about business trends, future capital needs, liauidity, significnat events, and significnat choices of accounting methods requiring management judgment.

Front 10

Financial Statement notes

Back 10

Important information about accounting methods, estimates, and assumptions is disclosed in the footnotes to the financial statements and supplementary schedules. These discloures also contain information about segment results, commitments and contingencies, legal proceedings, acquisitions or divestitures, issuance of stock options, and details of employee benefit plans.

Front 11

Internal Control

Back 11

the processes by which the company ensures that it presents accurate financial statements
是公司确保其提供准确财务报表的程序

Front 12

Proxy Statements

Back 12

are issued to shareholders when there are matters that require a shareholder vote.

Front 13

Auditor's Opinion

Back 13

unqualified opinion (clean opinion)--statements are free from material omissions and errors.

qulified opinion--the statements make any exceptions to the accounting principles

adverse opinion--the statements are not presented fairly or are materially nonconforming with accounting standards

discaimer of opinion--the auditor is unable to express an opinion (e.g., in the case of a scope limitation)

Front 14

Form 8-K

Back 14

a company must file to report events such as acquisitions and disposals of major assets or changes in its management or corporate governance.

Front 15

Form 10-K/Form 10-Q

Back 15

Companies' annual and quarterly financial statements that are filed with the SEC.