1. IV. Statement of Retained Earnings
1.1. Retained Earnings
1.1.1. Introduction
1.1.2. Purpose of Retained Earnings
1.1.3. Uses of Retained Earnings
1.1.4. Dividend Policy
1.1.5. Life Cycle of a Company & Dividend Payment
1.1.5.1. Stage 1
1.1.5.2. Stage 2
1.1.5.3. Stage 3
1.1.5.4. Stage 4
1.1.6. Retained Earnings Corporate Stewardship
1.1.7. Dividend Policy: The Board's role
1.1.8. Sample Co. consolidated statements of shareholder policy
2. V. Balance Sheet
2.1. Balance Sheet
2.1.1. Balance Sheet
2.1.1.1. Balance Sheet Equation
2.1.1.2. Changes to BS over last 20 years
2.1.1.3. Samples of Company BS
2.1.2. Quadrant Theory
2.2. Modern Working Capital/Current Assets
2.2.1. Introduction
2.2.2. Theory underlying Assets Allocation
2.2.3. Current Assets
2.3. Operating Cycle
2.3.1. Introduction
2.3.2. Operating Cycle
2.3.2.1. Cash & cash flow management
2.3.2.2. Inventory management
2.3.2.3. Accounts receivable management
2.3.3. Additional Concepts affecting OC
2.3.3.1. Invested & flowing capital
2.3.3.2. Idle capital
2.3.4. Conclusion
2.3.5. Negative Working Capital
2.3.5.1. Risk
2.3.5.2. Debt Covenants
2.4. Non-Current Assets
2.4.1. Investments in other Businesses
2.4.2. Intangible Assets
2.4.3. Controlling Non-current Assets
2.4.4. Balance Sheet metrics
2.4.5. Non-Current Assets (NCA) metrics
2.5. Applying to the Balance Sheet
2.5.1. Introduction
2.5.2. Knowledge Assets
2.5.3. Purchased R&D
2.5.4. Off-Balance sheet financing
2.5.4.1. Off Balance Sheet financing: APB#16
2.5.4.2. Spin-offs
2.5.4.3. Accounts receivable
2.5.4.4. Conclusion
3. VI. Statement of Cash flows
3.1. Statement of Cash flows
3.1.1. Cash flow from Operations
3.1.2. Cash flow from Investing
3.1.3. Cash flow from Financing
3.1.4. Summary
3.1.5. Sample Co. consolidated SCF
3.2. Lifecycle analysis related to SCF
3.3. Valuation Metrics
3.4. Cash Flow
3.5. Forecasted Price Earning
4. I. Accounting Basics
4.1. Financial Statements
4.1.1. Introduction to FS
4.1.2. FS Linkage
5. II. Income Statement
5.1. Income Statement
5.1.1. Format & Classification
5.1.2. IS Revenue & Expense Measurement
5.1.2.1. Accrual System
5.1.2.2. Cash Basis
5.1.3. Introduction to the IS
5.1.3.1. Single Step
5.1.3.2. Multiple Step
5.1.4. Samples of Company IS
5.1.5. Line Item vs Income Lines
5.1.6. Operating Income
5.1.7. Income from Continuing Operations
5.1.8. Net Income
5.2. Revenue Recognition
5.2.1. Analysis of Revenue Recognition
5.2.2. Analysis of Revenue
5.2.3. Accrual/Cash Basis
5.2.4. Revenues defined
5.2.5. Accounting Representation of Revenue
5.2.6. Time of Earnings
5.2.6.1. Time of Sale Method
5.2.6.2. Tune in Cash Collection Method
5.2.6.3. During Production Method
5.2.6.4. End of Production Method
5.2.6.5. Cost Recovery & Production Method
5.2.7. Timing of Revenue Recognition Model
5.2.8. Distorted Revenue Recognition
5.2.9. Management Understanding of Revenue
5.2.10. Influence of cash flow
5.3. Expense Recognition
5.3.1. Understanding Cost vs Expense
5.3.1.1. Cost Classifications
5.3.1.2. Expense Classifications
5.3.2. Expense Recognition Types
5.3.2.1. Associating Cause & Effect
5.3.2.2. Systematic & Rational Allocation
5.3.2.3. Intermediate Recognition
5.3.3. Conclusion
5.4. Income Statement Format
5.4.1. Margin Analysis
5.4.2. Operating Expense
5.4.3. Income from Continuing Operations
5.4.4. Other Components of IS
5.4.4.1. Discontinued Operations
5.4.4.2. Extraordinary Items
5.4.4.3. Cumulative Effect of an Accounting Change
5.4.5. Change in Reporting Entity
5.4.6. Asset Impairment
5.4.7. Comprehensive Income
5.4.8. Review of Income Statement
6. III. Income Statement Theories
6.1. Quality of Earnings
6.1.1. Introduction
6.1.2. Theories & Concepts
6.1.3. Quality of Earnings Concept
6.1.3.1. 10 Ways Earnings Lie
6.1.4. Earning Surprises
6.1.5. Components of Earnings Quality
6.2. Sustainable Growth
6.2.1. Cost of Sustainable Growth
6.2.2. Methods of Achieving Sustainable growth
6.2.2.1. Research & Development
6.2.2.2. Capital Investment
6.2.2.3. Market Expansion
6.2.2.4. Mergers & Acquisition
6.2.2.5. Success
6.3. Market Analysis & EPS
6.3.1. Market Analysts: What do they do?
6.3.1.1. Sell side
6.3.1.2. Buy side
6.3.2. Earnings per Share
6.3.3. Conclusion
6.4. Managing Earnings
6.4.1. Introduction
6.4.2. Managing Earnings above the line
6.4.3. Managing Earnings below the line
6.4.4. Clean Sweep (Big bath charges)
6.4.5. Managing Earnings & Associated Ethics
6.4.6. Conclusion
6.5. Cost Volume Profit Analysis
6.5.1. Tension of Profit & Growth at America Online
6.5.2. CVP Analysis
6.5.3. Contribution Margin Ratio
6.5.4. Per Unit Cost
6.5.5. Scalability
6.5.6. Operating Leverage
6.5.7. Module 3