Accounting - Introduction to Accounting Introduction to...

Info iconThis preview shows pages 1–36. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Introduction to Accounting Introduction to Accounting Is accounting really that bad? Is accounting really that bad? Accounting Accounting is really that is really that informative informative Accounti ng Basic Accounti ng Reports The Accounti ng Cycle Financial Statemen ts Accounti ng Complexi ty Analyzing Financial Statemen ts Q How would each of these stakeholders make use of this data: investors, bankers, government tax departments, and a graduating student looking for a job? Write down as many points as you can on this modules worksheet and click the play button when you are ready. Answer the following question: Answer the following question: Lets discuss an issue! Lets discuss an issue! Next, read Chapter 16 in the text Next, read Chapter 16 in the text Basic Basic Accounting Accounting Reports Reports Product Marketin g Firm Marketin g Scenario Market Market Research Research Reports Reports Data helps in terms of decisions on: how many bikes to build in a year what retail price to set for distributors how much money to spend on advertising, public relations and quality what product specs to set how much to spend on branding which media to spend advertising and public relations money on Information helps those who make decisions about distribution How much to spend in terms of extra support What margins to give each type of distributor Industry Benchma rk Market Summary Industry Industry Reports Reports Provides information on your company plus each of your competitors, to a number of different groups within your company Marketing staff Distributio n staff Operations staff Finance staff Dividends Number of shares Debt to equity ratios Level of sales Gross margin Profits Earnings per share Advertising costs Product developments Average retailer margin Distribution channel support Capacity Wastage Idle time Quality index Number of products Improvement Income Statement Balance Sheet Cash Flow Statement Cost of Goods Manufacture d and Gross Margin Report Firm Firm Results Results Shows how profitable your company was Sales Gross margin Selling and distributio n expenses Other expenses Interest expense Income tax expense The Products Sales, Margin, Production Report Product Product Marketing Marketing Report Report The Factory Report Operations Operations Management Management Report Report The Factory Report Operations Operations Management Management Report Report From the Westjet First Quarter Report 2009 , pg 33 From the Westjet First Quarter Report 2009 , pg 34 From the Westjet First Quarter Report 2009 , pg 34 Financial Statements Financial Statements Financial Statements Financial Statements Period Statements...
View Full Document

Page1 / 81

Accounting - Introduction to Accounting Introduction to...

This preview shows document pages 1 - 36. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online