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. Cost accounting
7.1. Functions
7.1.1. Inventory Valuation
7.1.2. Decision making
7.1.3. Info for planning, control and performance
7.2. Classification
7.2.1. Direct and Indirect
7.2.2. Period and Product
7.2.3. Fixed and Variable
7.2.4. Avoidable and Unavoidable
7.2.5. Prime cost
7.2.6. Conversion Cost
7.2.7. Selling Cost
7.3. Cost object
7.4. Cost allocation
7.4.1. Traditional methods
7.4.1.1. Job order costing
7.4.1.1.1. Documents
7.4.1.2. Process costing
7.4.1.3. Operation Costing
7.5. Cost Acumulation
7.6. Cost Accounting System
7.6.1. Cost configuration
7.6.1.1. Direct costing
7.6.1.2. Full costing
7.6.2. Cost Evaluation
7.6.2.1. Actual Cost
7.6.2.2. Standard Cost
7.6.3. Cost Allocation
7.6.3.1. Direct Systems
7.6.3.2. Step Down Systems
8. Investment appraisal
8.1. NPV
8.2. PI
8.3. IRR
8.4. Discounted Payback Time
8.5. NCF
9. NPV and TV
9.1. Calculating NPV
9.1.1. NCF
9.1.1.1. Simplified
9.1.1.2. Considering Banks
9.1.1.2.1. K
9.1.1.2.2. NCF
9.1.1.3. Considering Taxes
9.1.2. Competitive analysis
9.1.2.1. Value Pentagon
9.1.2.1.1. Market Value
9.1.2.1.2. As Is value
9.1.2.1.3. Value after internal improvements
9.1.2.1.4. Value after external changes
9.1.2.1.5. Restructured value
9.1.3. TV
9.1.3.1. Perpetuity
9.1.3.2. Real Options
10. Reporting
10.1. Corporate cost allocation
10.1.1. Total
10.1.2. Parcial
10.1.3. None
10.2. Variance Analysis
10.2.1. Revenue Center
10.2.1.1. Total revenue variance
10.2.1.1.1. Volume
10.2.1.1.2. Price
10.2.2. Expense Center
10.2.2.1. Activity Based Method
10.2.2.1.1. Repetitive activities
10.2.2.1.2. Projects
11. Indicators
11.1. Financial
11.1.1. Based on Financial statements
11.1.1.1. Traditional
11.1.1.1.1. ROI
11.1.1.1.2. ROA
11.1.1.1.3. ROE
11.1.1.1.4. ROCE
11.1.1.1.5. RONA
11.1.1.1.6. ROIC
11.1.1.2. Innovative
11.1.1.2.1. EVA
11.1.1.2.2. Accrual
11.1.1.2.3. Cash
11.1.2. Value Based
11.1.2.1. Total Business Return
11.1.2.2. Market Value Added
11.1.2.3. Total Shareholder return
11.2. Non Financial
11.2.1. Performance
11.2.1.1. Time
11.2.1.1.1. Internal times
11.2.1.1.2. Delivery of products (External times)
11.2.1.1.3. Time to develop products
11.2.1.2. Quality
11.2.1.2.1. Internal
11.2.1.2.2. External
11.2.1.3. Productivity
11.2.1.4. Flexibility
11.2.1.4.1. Quality
11.2.1.4.2. Quantity
11.2.1.5. Environmental
11.2.2. Resources
11.2.2.1. Technology
11.2.2.2. Human resources
11.2.2.3. Image
11.3. Risk
12. General concepts
12.1. Goals of MCS
12.1.1. Decision making for maximizing NPV
12.1.1.1. Goal Definition
12.1.1.2. Measurement
12.1.1.3. Variance Analysis
12.1.1.4. Corrective actions
12.1.2. Motivation and Orientation
12.1.2.1. Motivation: Equity theory
12.1.2.2. Orientation
12.1.2.2.1. Expectations Theory
12.1.2.2.2. Goal Setting Theory
12.1.3. External Accountability
12.1.3.1. Financial reports
12.1.3.2. Corporate governance reports
12.1.3.3. Environmental reports
12.1.3.4. Sustainability reports
12.1.4. Control the company( internal accountability)
12.2. Requirements
12.2.1. Measurability
12.2.2. Completeness
12.2.3. Timeliness
12.2.4. Long Term
12.2.5. Responsibles
12.2.6. Stability across time
12.3. Evolution
12.3.1. Scope
12.3.2. Performance measurement
12.3.3. Reporting
12.3.4. Budgeting
12.3.5. Supporting processes
12.4. WACC
13. Financial Statement Analysis
13.1. Liquidity
13.1.1. Current Ratio
13.1.2. Acid Test
13.1.3. Net Working Capital
13.1.4. Cash Flow Adequacy
13.1.5. Free Cash Flow
13.2. Financial structure
13.2.1. Incidence of assets and liabilities
13.2.2. Independence ratio
13.2.3. Financial leverage
13.2.4. Non current asset coverage
13.2.5. Net financial debt
13.3. Profitability
13.3.1. ROI
13.3.2. ROE
13.3.2.1. ROA
13.3.2.1.1. ROS
13.3.2.1.2. Asset turnover
13.3.2.2. TL/E
13.3.2.3. r
13.3.2.3.1. Average net cost of debt
13.3.2.4. s
13.3.2.4.1. Effect of tax
13.3.2.4.2. Effect of discontinued operations
13.4. Growth
13.4.1. Assets growth
13.4.2. Equity Growth
13.4.3. Self financing
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