Illustrative Financial Statements Prepared Using the Financial Reporting Framework for Small- and Medium-Entities Illustrative Financial Statements This component of the toolkit contains sample financial statements intended to illustrate financial statements prepared under the FRF for SMEsTM accounting framework. Also included are sample financial statements based on accounting principles generally accepted in the United States of America (U.S. GAAP). During the AICPA staff’s outreach efforts
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1.0 Executive Summary 1 Chart: Highlights 2 1.1 Objectives 2 1.2 Keys to Success 3 1.3 Mission 3 2.0 Company Summary 4 2.1 Company Ownership 4 2.2 Start-up Summary 4 Chart: Start-up 5 Table: Start-up 5 Table: Start-up Funding 6 3.0 Products and Services 6 3.1 Product and Service Description 7 3.2 Technology 7 3.3 Macro-environment 7 3.4 Future Products and Services 7 4.0 Market Analysis Summary 8 4.1 Market Segmentation 8 Chart: Market
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Government regulated monopoly GAAP General Standards 1. Adequate training and proficiency 2. Independence in mental attitude 3. Due professional care Standards of Field Work Proper Planning and supervision Understanding of the entity Sufficient appropriate evidence Standards of Reporting Statements prepared in accordance with GAAP Circumstances when GAAP not consistently followed Adequacy of disclosures Expression of opinion on financial statements *Test* Table 5.1 Definitions
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The German University in Cairo Corporate Finance Course Assignment submitted by: Mohamed Ibrahim Amin Date: May 24, 2014 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) | | QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. | For the quarterly period ended December 31, 2013 | | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Introduction Charles Rivers Laboratory (CRL) that was founded in 1947 this corporation main business activity was the commercial production and supply of laboratory animal models for research and development of new pharmaceutical to biotechnological and medical companies (ALPES S.A., 2006). The company has been able to function as a profitable division because it has maintained and retained its market share in the supply of animal models to customers in over 15 countries worldwide. The senior vice
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Financial Statement Analysis Apple Inc. Muhammad Khan DeVry University Class: Acct305: Intermediate Accounting III Professor: Jodi Krausman 02-10-2013 Table of Contents Scope 3 Profile 3 Taxes 4 Deferred Tax: 4 Temporary and Permanent Tax difference: 7 Provision for Income Tax Expense: 8 Carryforward and Carryback losses: 10 Defined Benefit Plan 10 Earnings per Share (EPS) 11 Share based compensation 13 Cash Flow Statement 14 Executive Summary 16 Works Cited 17
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Chapter: Working Capital Management 1.Definition of Working Capital: 1.The capital which is required to finance current assets is called working capital. 2. That is in operating daily business of the firm effectively, some resources are needed and the capital which are needed to finance, these resources is called working capital 3. “Working capital may be defined as all the shot term assets used in daily operation”—John. J Harpton. 4. Short term assets of a firm means cash money, short-term securities
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Chapter 1 Accounting principle board 9, accounting research bulletin 9, accounting standards update 12, accrual basis accounting 6, aicpa 9, apb opinions 9, auditing standard board 10, committee on accounting procedure 9, decision usefulness 6, emerging issues task force 12, entity perspective 6, expectation gap 18, fasb staff position 13, financial accounting 4, financial accounting standards board 10, codifications 14, crs 14, financial reporting 4, financial statements 4 Chapter 2 Assumption
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FI 575 2011 FINANCIAL STATEMENT ANALYSIS J P MORGAN CHASE Vs. CITIGROUP TO : PROF FRANK OWARISH BY : RAYAN SEQUEIRA ZHOUXIA WANG HOMAR WRIGHT DARA SIU WAN HO TABLE OF CONTENTS EXECUTIVE SUMMARY 3 INDUSTRY BACKGROUND 4 COMPANY PROFILE 6 RATIO ANALYSIS 8 ANALYSIS OF OPERATING ACTIVITIES 9 ANALYSIS OF INVESTING ACTIVITIES 11 ANALYSIS OF FINANCING ACTIVITIES 13 COMMON SIZE ANALYSIS 19 DEBT AND EQUITY FINANCING 20 INDUSTRY STANDARDS
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the underlying financial trends and characteristics of their organization, including revenue composition and growth, expense composition and trends, balance sheet composition, and key ratios. It helps to assess the alignment of the organization’s current financial structure with change; predict the impact of proposed changes on the organization’s future growth, sustainability, and survival; Use financial planning and management tools, such as annual/monthly cash flow projections, budgets of revenue
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