1. Financial Statements
1.1. Income Statement
1.1.1. Revenue
1.1.2. (Cost of sales)
1.1.3. Gross profit
1.1.4. Other op. revenue
1.1.5. (Distribution Costs)
1.1.6. (Administrative expenses)
1.1.7. (Other Operating costs)
1.1.8. Operating Profit
1.1.9. Financial income
1.1.10. (Financial expense)
1.1.11. Net Profit
1.1.12. Discontinued operations
1.1.13. Earnings per share
1.2. Cash Flow Statement
1.2.1. Operating activities
1.2.2. Investment activities
1.2.3. Financing activities
1.2.4. Direct Method
1.2.5. Indirect method
1.3. Changes in Equity
1.3.1. Profit and loss of period
1.3.2. Items of income and expense that changes equity
1.3.3. Total income and expense of the period
1.3.4. Accounting policies that changed equity
1.4. Notes
2. ABC Costing
2.1. Cost Hierarchy
2.2. Steps
2.2.1. Identify activities
2.2.2. Assign costs to activities
2.2.3. Assign activities to products
3. Transfer pricing
3.1. Uses
3.1.1. Economic decisions by BU managers
3.1.2. Coordinate for global results
3.1.3. Performance of BU
3.1.4. Independence of BU
3.1.5. Tax Planning
3.2. Corporate and Business units
3.2.1. Importance of performances
3.2.2. Control performance at different lvl
3.2.2.1. Strategic
3.2.2.2. Business
3.2.2.3. Operational
3.3. Methods
3.3.1. Market Based
3.3.2. Cost Based
3.3.2.1. Full actual cost
3.3.2.2. Full Standard cost
3.3.2.3. Marginal cost
3.3.3. Negotiated
3.3.4. Dual
4. Balance Sheet
4.1. Assets
4.1.1. Current Assets
4.1.1.1. Cash
4.1.1.2. Accounts receivable
4.1.1.3. Inventories
4.1.1.4. Short term investments
4.1.1.5. Other current assets
4.1.2. Non Current Assets
4.1.2.1. Property plant and equipment
4.1.2.2. Equity Investments
4.1.2.3. Goodwill
4.1.2.4. Other intangibles
4.1.2.5. Other Non current assets
4.1.3. Assets classified as held for sale
4.2. Liabilities
4.2.1. Current Liabilities
4.2.1.1. Accounts payable
4.2.1.2. Bank obligations
4.2.1.3. Bonds
4.2.1.4. Advanced payment for WIP
4.2.1.5. Current Tax Liabilities
4.2.1.6. Others
4.2.2. Non Current Liabilities
4.2.2.1. Bonds
4.2.2.2. Bank Obligations
4.2.2.3. Pensions
4.2.2.4. Deferred tax obligations
4.2.2.5. Povisions for liabilities and charges
4.2.3. Liabilities tied to assets held for sale
4.3. Equity
4.3.1. Capital
4.3.2. Reserves
4.3.3. Profit or loss brought foward
4.3.4. Profits of the year
5. Cost Center
5.1. Total Cost Variance
5.1.1. Efficiency
5.1.1.1. Materials
5.1.1.1.1. Unitary cost of materials
5.1.1.1.2. Use of materials
5.1.1.2. Labour
5.1.1.2.1. Hourly rate
5.1.1.2.2. Number of hours
5.1.1.3. Variable OVH
5.1.1.4. Fixed OVH
5.1.2. Volume
6. Financial accounting
6.1. Concepts
6.1.1. Accrual principle
6.1.1.1. Accrual event
6.1.1.2. Financial event
6.1.2. Fair Value
6.1.3. Cost Model
6.1.4. Impairment test
6.1.5. Depreciation
6.1.6. Financial Assets
6.1.6.1. Fair value through Profit or Loss
6.1.6.1.1. Designated
6.1.6.1.2. Held for trading
6.1.6.2. Loans and receivables
6.1.6.3. Held to Maturity
6.1.6.4. Available for Sale
6.1.7. Financial Liabilities
6.1.7.1. Fair Value through Profit or Loss
6.1.7.1.1. Designated
6.1.7.1.2. Held for trading
6.1.7.2. Others
6.1.8. Leasing
6.1.8.1. Financial
6.1.8.2. Operational
6.2. Consolitated FS
6.2.1. Control types
6.2.1.1. Subsidiary
6.2.1.2. Associate
6.2.1.3. Joint Venture
6.2.2. Theories
6.2.2.1. Propietary Company theory
6.2.2.2. Parent theory
6.2.2.3. Entity Theory
6.2.3. Previous steps
6.2.3.1. Armonization of Accounting rules
6.2.3.2. Delete of equity investment
6.2.3.3. Delete of intra company receivables
6.2.4. Methods
6.2.4.1. Proportionate consolidation
6.2.4.2. Line by Line comparison
6.2.4.3. Equity Method
7. Indicators
7.1. Financial
7.1.1. Based on Financial statements
7.1.1.1. Traditional
7.1.1.1.1. ROI
7.1.1.1.2. ROA
7.1.1.1.3. ROE
7.1.1.1.4. ROCE
7.1.1.1.5. RONA
7.1.1.1.6. ROIC
7.1.1.2. Innovative
7.1.1.2.1. EVA
7.1.1.2.2. Accrual
7.1.1.2.3. Cash
7.1.2. Value Based
7.1.2.1. Total Business Return
7.1.2.2. Market Value Added
7.1.2.3. Total Shareholder return
7.2. Non Financial
7.2.1. Performance
7.2.1.1. Time
7.2.1.1.1. Internal times
7.2.1.1.2. Delivery of products (External times)
7.2.1.1.3. Time to develop products
7.2.1.2. Quality
7.2.1.2.1. Internal
7.2.1.2.2. External
7.2.1.3. Productivity
7.2.1.4. Flexibility
7.2.1.4.1. Quality
7.2.1.4.2. Quantity
7.2.1.5. Environmental
7.2.2. Resources
7.2.2.1. Technology
7.2.2.2. Human resources
7.2.2.3. Image
7.3. Risk
8. General concepts
8.1. Goals of MCS
8.1.1. Decision making for maximizing NPV
8.1.1.1. Goal Definition
8.1.1.2. Measurement
8.1.1.3. Variance Analysis
8.1.1.4. Corrective actions
8.1.2. Motivation and Orientation
8.1.2.1. Motivation: Equity theory
8.1.2.2. Orientation
8.1.2.2.1. Expectations Theory
8.1.2.2.2. Goal Setting Theory
8.1.3. External Accountability
8.1.3.1. Financial reports
8.1.3.2. Corporate governance reports
8.1.3.3. Environmental reports
8.1.3.4. Sustainability reports
8.1.4. Control the company( internal accountability)
8.2. Requirements
8.2.1. Measurability
8.2.2. Completeness
8.2.3. Timeliness
8.2.4. Long Term
8.2.5. Responsibles
8.2.6. Stability across time
8.3. Evolution
8.3.1. Scope
8.3.2. Performance measurement
8.3.3. Reporting
8.3.4. Budgeting
8.3.5. Supporting processes
8.4. WACC
9. Financial Statement Analysis
9.1. Liquidity
9.1.1. Current Ratio
9.1.2. Acid Test
9.1.3. Net Working Capital
9.1.4. Cash Flow Adequacy
9.1.5. Free Cash Flow
9.2. Financial structure
9.2.1. Incidence of assets and liabilities
9.2.2. Independence ratio
9.2.3. Financial leverage
9.2.4. Non current asset coverage
9.2.5. Net financial debt
9.3. Profitability
9.3.1. ROI
9.3.2. ROE
9.3.2.1. ROA
9.3.2.1.1. ROS
9.3.2.1.2. Asset turnover
9.3.2.2. TL/E
9.3.2.3. r
9.3.2.3.1. Average net cost of debt
9.3.2.4. s
9.3.2.4.1. Effect of tax
9.3.2.4.2. Effect of discontinued operations
9.4. Growth
9.4.1. Assets growth
9.4.2. Equity Growth
9.4.3. Self financing
10. Cost accounting
10.1. Functions
10.1.1. Inventory Valuation
10.1.2. Decision making
10.1.3. Info for planning, control and performance
10.2. Classification
10.2.1. Direct and Indirect
10.2.2. Period and Product
10.2.3. Fixed and Variable
10.2.4. Avoidable and Unavoidable
10.2.5. Prime cost
10.2.6. Conversion Cost
10.2.7. Selling Cost
10.3. Cost object
10.4. Cost allocation
10.4.1. Traditional methods
10.4.1.1. Job order costing
10.4.1.1.1. Documents
10.4.1.2. Process costing
10.4.1.3. Operation Costing
10.5. Cost Acumulation
10.6. Cost Accounting System
10.6.1. Cost configuration
10.6.1.1. Direct costing
10.6.1.2. Full costing
10.6.2. Cost Evaluation
10.6.2.1. Actual Cost
10.6.2.2. Standard Cost
10.6.3. Cost Allocation
10.6.3.1. Direct Systems
10.6.3.2. Step Down Systems
11. Investment appraisal
11.1. NPV
11.2. PI
11.3. IRR
11.4. Discounted Payback Time
11.5. NCF
12. NPV and TV
12.1. Calculating NPV
12.1.1. NCF
12.1.1.1. Simplified
12.1.1.2. Considering Banks
12.1.1.2.1. K
12.1.1.2.2. NCF
12.1.1.3. Considering Taxes
12.1.2. Competitive analysis
12.1.2.1. Value Pentagon
12.1.2.1.1. Market Value
12.1.2.1.2. As Is value
12.1.2.1.3. Value after internal improvements
12.1.2.1.4. Value after external changes
12.1.2.1.5. Restructured value
12.1.3. TV
12.1.3.1. Perpetuity
12.1.3.2. Real Options
13. Reporting
13.1. Corporate cost allocation
13.1.1. Total
13.1.2. Parcial
13.1.3. None
13.2. Variance Analysis
13.2.1. Revenue Center
13.2.1.1. Total revenue variance
13.2.1.1.1. Volume
13.2.1.1.2. Price
13.2.2. Expense Center
13.2.2.1. Activity Based Method
13.2.2.1.1. Repetitive activities
13.2.2.1.2. Projects
14. Budgeting
14.1. Master Budget plan
14.1.1. Strategy
14.1.2. Operating Budgets
14.1.2.1. Revenue Budget
14.1.2.2. Production Budget
14.1.2.3. Operating Costs Budget
14.1.2.4. Selling and administrative expense budget
14.1.2.4.1. Period Costs
14.1.3. Capital Expenditure Budget
14.1.4. Financial Budgets
14.1.4.1. Cash Budget
14.1.5. Budgeted IS
14.1.6. Budgeted FS
15. Project and Product Life Cycle performance
15.1. Life cycle costing
15.1.1. Analogy
15.1.2. Parametrical
15.1.3. Industrial engineering
15.1.4. Whole life cycle
15.2. Target costing
15.2.1. Market analysis
15.2.2. Allowable cost
15.2.3. Design
15.2.3.1. Internal focus
15.2.3.2. External focus
15.3. Return map
15.3.1. TTM
15.3.2. BET
15.3.3. BEAR
15.3.4. Return Factor