The financial numbers game detecting creative accounting practices phần 2 pps
The financial numbers game detecting creative accounting practices phần 2 pps
... up after the financial numbers game. As seen in the exhibit, the appropriate adjustment depends on whether achange in accounting estimate or principle is needed or whether prior-year financial statements ... amortized over the shorter of the related contract life or the term of the license or permit. 52 The company capitalized these costs as opposed to expensing them on the premisethat the costs incurred ... addition, the fourth-quarter’s earnings for1998 had been understated by $2 million. Creative Classifications within the Financial StatementsIn some instances, the financial numbers game is played...
- 41
- 316
- 0
The financial numbers game detecting creative accounting practices phần 1 pps
... those who seek to play this financial numbers game. The Financial Numbers Game: Detecting Creative Accounting Practices was written,first and foremost, to help readers of financial statements avoid ... 35,645 $ 36 ,24 8Goods in process 28 ,881 32, 730 30,768Raw materials 11,879 20 ,676 13 ,20 0Supplies (at average cost) 42, 322 42, 907 39,797———– ———– ———– 126 ,653 131,958 120 ,013LIFO reserve ( 42, 151) ... currently. Creative Accounting Practices Any and all steps used to play the financial numbers game, in-cluding the aggressive choice and application of accounting principles, both within and beyondthe...
- 41
- 254
- 1
The financial numbers game detecting creative accounting practices phần 6 ppsx
... 23 ,4 12 Charges to the reserve and assets written off (10 ,21 7) — (1, 321 ) (2, 197) (13,735)Balance at June 28 , 1998 — 3 ,20 0 3,8 52 2, 625 9,677Charges to the reserve — ( 927 ) (5,039) (2, 111) (8,077)Reserve ... at the end offiscal years 1998, 1999, and 20 00:ContractualObligationsunderFixed CanceledAssets Leases Severance Other TotalRestructuring charge $ 10 ,21 7 $ 3 ,20 0 $ 5,173 $ 4, 822 $ 23 ,4 12 Charges ... ofbillings.NOTES1. The Wall Street Journal, December 22 , 20 00, p. B2. 2. Ibid., October 20 , 1998, p. A3.3. Accounting and Auditing Enforcement Release No. 1133, In the Matter of Insignia...
- 41
- 294
- 0
The financial numbers game detecting creative accounting practices phần 10 ppsx
... 23 1 detecting, 21 4 20 amortizing capitalized costsamortization periods, discretion in, 22 1, 22 2extended amortization periods, 51, 22 1, 22 6 22 8, 23 2generally, 22 0, 22 1impairment losses, 22 2 24 restructuring ... 22 2 24 restructuring charges, 22 4 26 checklist for detecting, 22 9, 23 0cost capitalizationaggressive, 21 3, 21 4, 23 1allocating costs, 20 3–9amortization, 22 0 22 6capitalized expenditures, 20 9–11current ... periodsaverage amortization period, 22 6 28 evidence of in prior years, 22 8generally, 22 6impairment charges, 22 8restructuring charges, 22 8generally, 9– 12, 20 1, 20 2, 23 1glossary, 23 1–33Capitalize, defined,...
- 38
- 217
- 0
The financial numbers game detecting creative accounting practices phần 3 docx
... 12, 20 00, pp. C1–C2.51. Ibid., July 14, 20 00, p. A2. 52. Ibid., August 7, 20 00, pp. C1–C2.53. BEA Systems, Inc., annual report, January 20 00, p. 39.54. The Wall Street Journal, July 19, 20 00, ... five account-ing practices to control their reported financial results and position. The first three ofthese accounting practices, big bath charges, creative acquisition accounting, and cookiejar ... of the debtor and, by so doing, to increase the likelihood of being repaid. Financial Numbers Game The use of creative accounting practices to alter a financial state-ment reader’s impression...
- 41
- 291
- 0
The financial numbers game detecting creative accounting practices phần 4 ppt
... 5. The speech is available at: www.sec.gov/news/speeches/spch 220 .txt. The SEC Responds 125 27 . Research data collected by Z. Deng and B. Lev, as reported in The Wall Street Journal,March 22 , ... 1998).45. Accounting Principles Board Opinion No. 2, Accounting for the “Investment Credit” (NewYork: Accounting Principles Board, 19 62) .46. APB Opinion No. 4 (Amending No. 2) , Accounting for the ... 10(b), 13(a),13(b) (2) (A), and 13(b) (2) (B) and Rules 10b-5, 12b -20 , 13a-1, and 13a-13 of the 1934Act. At the time of this writing, these and other charges had not been resolved. The charges against...
- 41
- 369
- 0
The financial numbers game detecting creative accounting practices phần 5 pptx
... receive on the loans above the amounts funded on the loans over (2) the present value of the interest they had agreed topay the buyers of the loan-backed securities. When properly executed, there ... 60-unit order. The sale comprised 28 % of the company’s revenue for the quarter. Bill-and-hold accounting treatment was used as the goods were not shipped at the time of recognition. The bill-and-hold ... to its investors. At the time of sale, the company would use gain-on-sale accounting. It would record as profit the excess of (1) the sales price and the presentvalue of the estimated interest...
- 41
- 222
- 0
The financial numbers game detecting creative accounting practices phần 7 doc
... RelatedStatistics: Cisco Systems, Inc., Quarters Ending January 29 , 20 00, April 29 , 20 00, July 29 , 20 00, October 28 , 20 00, and January 27 , 20 01 (millions ofdollars, except percentages and inventory ... sales $3,190,755 $4 ,26 4 ,20 7 $3 ,20 3, 524 $3,478,017Gross profit on sales 841 ,27 5 1,156,000 8 72, 659 930,979Net earnings 14,550 52, 349 58,818 56,608Net LIFO charge (credit) 2, 444 2, 444 1,833 (4,030)Source: ... Team-Fly® 24 0On some occasions, companies that play the financial numbers game will overstate the value of assets received for the issue of stock. While bypassing the income statement, the net...
- 41
- 249
- 0
The financial numbers game detecting creative accounting practices phần 8 doc
... $136,317Interest expense (29 3 ,22 0) ( 326 ,20 7) (377,404)Net gains on marketable securities 36,544 101,319 10,103Equity in earnings (losses) of affiliates 20 ,364 (4 ,27 3) 88 ,20 6Other 2, 327 (680) 5,798———–— ... item. The ADM“Other expense” note is presented in Exhibit 9.13.Given the size of the numbers in the ADM income statement—year 20 00 net incomeof $301 million the $26 million decrease in “Other ... March 20 01.49. The Wall Street Journal, March 28 , 1997, p. A3.50. Ibid., March 2, 1993, p. B3.51. Ibid., April 28 , 20 00, p. A4. 52. Ibid., November 24 , 1999, p. C1.53. Ibid., November 22 , 1999,...
- 41
- 334
- 0
The financial numbers game detecting creative accounting practices phần 9 doc
... ourresults. 42 The Amazon.Com pro-forma measures are not showcased in the 10-K report, for the year ending December 31, 20 00, to the extent that they are in the 20 01 interim earningsreleases. The high ... managementis running the shop.4 The previous chapter laid out the GAAP requirements surrounding the income statementand also outlined how the financial numbers game could be played by creative classifi-cations ... diluted earnings per share of $2. 28.Excluding the impact of the after-tax gain on the sale of the cardiopulmonary business of $0. 12 and the after-tax impact of the fourth quarter write-down...
- 41
- 270
- 0
Từ khóa: the mintduino reflex gamethe financial sector in kenyafinding the main idea gameanatomy of the heart review gameanatomy of the heart matching gameanatomy of the human heart gameNghiên cứu sự biến đổi một số cytokin ở bệnh nhân xơ cứng bì hệ thốngNghiên cứu sự hình thành lớp bảo vệ và khả năng chống ăn mòn của thép bền thời tiết trong điều kiện khí hậu nhiệt đới việt namNghiên cứu tổ chức chạy tàu hàng cố định theo thời gian trên đường sắt việt namGiáo án Sinh học 11 bài 13: Thực hành phát hiện diệp lục và carôtenôitNGHIÊN CỨU CÔNG NGHỆ KẾT NỐI VÔ TUYẾN CỰ LY XA, CÔNG SUẤT THẤP LPWAN SLIDEQuản lý hoạt động học tập của học sinh theo hướng phát triển kỹ năng học tập hợp tác tại các trường phổ thông dân tộc bán trú huyện ba chẽ, tỉnh quảng ninhTrả hồ sơ điều tra bổ sung đối với các tội xâm phạm sở hữu có tính chất chiếm đoạt theo pháp luật Tố tụng hình sự Việt Nam từ thực tiễn thành phố Hồ Chí Minh (Luận văn thạc sĩ)Phát triển du lịch bền vững trên cơ sở bảo vệ môi trường tự nhiên vịnh hạ longChuong 2 nhận dạng rui roTổ chức và hoạt động của Phòng Tư pháp từ thực tiễn tỉnh Phú Thọ (Luận văn thạc sĩ)Quản lý nợ xấu tại Agribank chi nhánh huyện Phù Yên, tỉnh Sơn La (Luận văn thạc sĩ)BT Tieng anh 6 UNIT 2Tăng trưởng tín dụng hộ sản xuất nông nghiệp tại Ngân hàng Nông nghiệp và Phát triển nông thôn Việt Nam chi nhánh tỉnh Bắc Giang (Luận văn thạc sĩ)Giáo án Sinh học 11 bài 14: Thực hành phát hiện hô hấp ở thực vậtGiáo án Sinh học 11 bài 14: Thực hành phát hiện hô hấp ở thực vậtBÀI HOÀN CHỈNH TỔNG QUAN VỀ MẠNG XÃ HỘIChiến lược marketing tại ngân hàng Agribank chi nhánh Sài Gòn từ 2013-2015HIỆU QUẢ CỦA MÔ HÌNH XỬ LÝ BÙN HOẠT TÍNH BẰNG KIỀMMÔN TRUYỀN THÔNG MARKETING TÍCH HỢPTÁI CHẾ NHỰA VÀ QUẢN LÝ CHẤT THẢI Ở HOA KỲ