Explanation of Financial Statements

Author: Zhang Xinmin
Publisher:
Publish Date: 2002-09-01
Features: The Financial Management Certificate (DFM) is an internationally recognized authoritative qualification designed for business managers and financial professionals by ACCA. This certificate includes four courses: 1. "Financial Statement Interpretation" 2. "Performance Management" 3. "Financial Strategy" 4. "Risk Management." It comprehensively, systematically, and deeply introduces the institutional framework, principles, and methods of financial statements for external company personnel. After systematically studying this book, readers will be able to: · Describe the role, function, and institutional framework of external financial statements · Explain accounting principles and systems under Generally Accepted Accounting Principles (GAAP) · Use simple calculation models to explain the format, algorithms, meaning, and content of basic financial statements · Describe the role of supplementary information outside the company's annual report · Apply financial statement analysis, particularly financial and accounting ratios, to calculate, interpret, and evaluate financial performance, financial position, and adaptability