Chapter_5_Balance_Sheet_And_Statement_Of_Cash_Flows_Summary_By_Objective

Chapter_5_Balance_Sh - Chapter 5 Balance Sheet and Statement of Cash Flows Summary by Study Objective Objective 1 Explain the uses and limitations

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Chapter 5: Balance Sheet and Statement of Cash Flows Summary by Study Objective Objective 1: Explain the uses and limitations of a balance sheet. Describe 3 aspects of a company that analysts assess from a company’s balance sheet. What are 3 limitations of the balance sheet? Objective 2: Identify the major classifications of the balance sheet. Define current assets: List the five major items found in the current assets section and their basis of valuation: Item Basis of Valuation What are the 3 categories of short-term investments and how are they reported (value and section)? Type Current or non-current Fair value or Amortized Cost What does a company need to disclose regarding receivables? What does a company need to disclose regarding inventories? 1
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Give examples of long-term investments. What does a company disclose regarding property, plant and equipment? How intangibles valued are (amortized)? What are common items in current liabilities?
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This note was uploaded on 02/12/2012 for the course ACCT 3001 taught by Professor Moffitt during the Spring '08 term at LSU.

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Chapter_5_Balance_Sh - Chapter 5 Balance Sheet and Statement of Cash Flows Summary by Study Objective Objective 1 Explain the uses and limitations

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